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RPM Automotive Group Limited (ASX:RPM)

ALERT: Price-sensitive ASX Announcement for RPM
Current share price for RPM : $0.013 -0.042 (-76.36%)+
Announcement
Release
26 Feb 2026 9:17AM
Price at Release
$0.055
Full Release
download
Summary
RPM Automotive Group Limited, a key player in the Australian automotive aftermarket sector, announced its H1 FY26 results, highlighting a challenging trading environment with a 10.9% decrease in revenue to $53.5 million. Despite a decline in gross profit and negative net cash flow, the company reported an 8% increase in EBITDA. Challenges were observed in the Wheels and Tyres division due to reduced fleet purchases, while the Repairs and Roadside segment saw a slight revenue increase. The Performance and Accessories division experienced a sharp revenue decline following the sale of an underperforming division, whereas the Motorsport segment showed robust growth. The company remains committed to its Tyre Recycling Program, and strategic initiatives are expected to improve performance in the second half of FY26.
Key Points
  • RPM Automotive Group Limited reported a 10.9% decrease in revenue for H1 FY26, amounting to $53.5 million.
  • Gross profit declined by 11.6% to $18.5 million, with gross margins remaining almost consistent.
  • Reported EBITDA for the period increased by 8% to $2.5 million.
  • Net cash flow was negative $2.9 million, compared to a positive $1.5 million in H1 FY25.
  • Wheels and Tyres division faced a 10.5% revenue decline due to reduced purchases from fleet customers.
  • Repairs and Roadside segment saw a slight revenue increase of 2% despite cost-of-living pressures.
  • Performance and Accessories division revenue decreased by 29.1%, partly due to the sale of an underperforming division.
  • Motorsport segment revenue grew by 8% and showed strong performance.
  • The company is committed to its Tyre Recycling Program as a strategic growth area despite slower than anticipated ramp-up.
  • Management expects performance improvements in the second half of FY26 due to ongoing strategic 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.