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RPM Automotive Group Limited (ASX:RPM)

ALERT: Price-sensitive ASX Announcement for RPM
Current share price for RPM : $0.016 -0.039 (-70.91%)+
Announcement
Release
26 Feb 2026 9:18AM
Price at Release
$0.055
Full Release
download
Summary
During the H1 FY26 presentation, RPM Automotive Group Limited reported a revenue decline of 10.9% to $53.5 million compared to the previous corresponding period. This reduction in revenue was attributed to softer demand in the Tyre Wholesale sector and increased investments in growth initiatives. Despite the revenue drop, RPM's EBITDA increased by 8% to $2.5 million, and the EBITDA margin improved to 4.7% from 3.9%. However, the net profit before tax was -$1.1 million, down from $1.7 million in the prior year, primarily due to a decrease in gross margin. The tyre divisions faced challenging conditions driven by industry downturns, particularly in Victoria. The company remains focused on stabilizing divisional profitability and improving cash flow while continuing to unlock value in its tyre recycling and other strategic initiatives.
Key Points
  • Reported revenue declined by 10.9% in H1 FY26.
  • Gross profit decreased, leading to a slight decline in gross margin.
  • EBITDA increased by 8% with a margin improvement to 4.7%.
  • Net profit before tax fell to -$1.1 million due to lower revenue.
  • Challenging conditions in the tyre industry, especially in Victoria.
  • Ongoing focus on stabilizing profitability and improving cash flow.
  • Active investments in tyre recycling and strategic growth initiatives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.