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Stealth Group Holdings Ltd (ASX:SGI)

ALERT: Price-sensitive ASX Announcement for SGI
Current share price for SGI : $1.235 -0.045 (-3.52%)+
Announcement
Release
25 Feb 2026 1:01PM
Price at Release
$1.280
Full Release
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Summary
Stealth Group Holdings Ltd announced record financial results for the half-year ended 31 December 2025, highlighting a significant transformation following the acquisition of Hardware & Building Traders (HBT). The company achieved a gross sales increase to $82.2 million, marking an 11.8% rise, and revenue growth to $72.0 million, alongside a substantial EBITDA increase of 18.8% to $5.3 million. Net Profit After Tax (NPAT) reached $1.6 million, reflecting a 51.4% growth. The acquisition of HBT has been pivotal, adding around 1,165 independent stores and enhancing supplier relationships, positioning Stealth as a leading independent alternative in the market with over 1,200 locations. The company's strategic plan aims for $500 million+ sales by the fiscal year 2028, leveraging a capital-light distribution model and expanding exclusive and private-label brands. Stealth continues to focus on procurement leverage and operational efficiency gains, with its financial health bolstered by a $19.5 million capital raise and disciplined capital management.
Key Points
  • Record half-year financial performance with $82.2 million in gross sales.
  • Revenue increased to $72.0 million, with EBITDA rising by 18.8%.
  • NPAT increased by 51.4%, reaching $1.6 million.
  • Acquisition of Hardware & Building Traders (HBT) added 1,165 independent stores.
  • Stealth aims for $500 million+ sales by FY28 with a capital-light model.
  • Focus on procurement leverage, exclusive brands, and operational efficiency.
  • Strengthened balance sheet with a $19.5 million capital raise.
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.