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Temple & Webster Group Ltd (ASX:TPW)

ALERT: Price-sensitive ASX Announcement for TPW
Current share price for TPW : $5.160 -6.18 (-54.50%)+
Announcement
Release
12 Feb 2026 8:14AM
Price at Release
$11.340
Full Release
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Summary
Temple & Webster Group Ltd's H1 FY26 Investor Presentation highlights a 20% increase in revenue compared to H1 FY25, totaling $376 million, with the company maintaining its strategy to reach $1 billion in revenue by FY28. The EBITDA for H1 FY26 was $13.5 million, which includes $1.4 million in costs associated with starting up operations in New Zealand. The company continues to focus on expanding its market share, investing in technology and AI, and leveraging its asset-light business model. Key growth areas include home improvement and international expansion, with New Zealand exceeding initial expectations. The balance sheet remains robust with $161 million in cash and no debt. Marketing costs have been optimized, and the company is experiencing increased repeat customer orders. Temple & Webster aims to maintain strong growth while managing margins effectively, with an EBITDA margin guidance of 3-5% for FY26.
Key Points
  • Revenue growth of 20%, reaching $376 million.
  • EBITDA for H1 FY26 was $13.5 million, including New Zealand start-up costs.
  • New Zealand market launch exceeding expectations with $1 million sales in four months.
  • Asset-light business model contributes to cost savings.
  • Investment in technology and AI for improved business efficiencies.
  • Focus on repeat customer orders, which now account for 62% of total orders.
  • Strong balance sheet with $161 million cash and no debt.
  • Mid-term goal of reaching $1 billion in annual revenue by FY28.
  • Continued growth in home improvement and international markets.
  • EBITDA margin guidance remains 3-5% for FY26.
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.