Company’s reported revenue grew by 8% to $1.18 billion
SYDNEY: CAR Group Ltd. announced its full-year results for FY25 on Monday, reporting excellent revenue and earnings growth across all key markets. The results, which align with the company’s estimates from July 17, highlight the resilience of its global business model and the potential for new products and services.
Financial Highlights
- Proforma Revenue: Proforma revenue increased by 12% to $1,144 million.
- Proforma EBITDA: Proforma earnings before interest, tax, depreciation, and amortization (EBITDA) rose by 12% to $641 million, with margins holding steady at 56%. Proforma results exclude the Australian Tyres business, which was exited in January 2025.
- Reported Revenue: Reported revenue grew by 8% to $1,184 million.
- Reported EBITDA: Reported EBITDA was up 9% to $620 million.
- Reported NPAT: Reported net profit after tax (NPAT) increased by 10% to $275 million.
- Final Dividend: A 40% franked final dividend of 41.5 cents per share was declared, an 8% increase over the previous period.
Operational Highlights
- Australia: The carsales platform maintained its market leadership with revenue growth of 8% and Adjusted EBITDA growth of 9%.
- Latin America: The region delivered strong financial results, with a 26% increase in revenue and a 28% increase in Adjusted EBITDA on a constant currency basis, driven by the expansion of webmotors’ market leadership.
- North America: Trader Interactive posted solid results despite a challenging macroeconomic environment, with revenue up 10% and Adjusted EBITDA up 11% on a constant currency basis.
- Asia: The Encar Guarantee inspection product supported strong revenue growth of 16% and Adjusted EBITDA growth of 11% on a constant currency basis.
FY26 Outlook
CAR Group’s guidance for FY26 reflects confidence in continued growth, supported by momentum across the business, a diversified portfolio, and an active innovation pipeline. The company expects to achieve:
- Proforma Revenue growth of 12-14% in constant currency.
- Proforma EBITDA growth of 10-13% in constant currency.
- Adjusted NPAT growth of 9-13% in constant currency.
CEO Cameron Mcintyre, who is preparing to transition out of the business, expressed pride in the company’s achievements, citing its strong financial results and a business model that is resilient through macroeconomic cycles.