Motorcycle Holdings Ltd. · ASX:MTO
Motorcycle — H1 2025 Earnings Presentation
19 slides from Motorcycle's earnings presentation, Feb 26, 2025
Slide 1: Investor Presentation 1H 2025 Results
For personal use only Investor Presentation 1H 2025 RESULTS
Slide 2: Disclaimer
Disclaimer For personal use only This presentation may contain certain forward-looking This presentation includes non-IFRS financial information statements. Such statements are inherently subject to which the Company considers may be useful for users of uncertainties in that they may be affected by
Slide 3: Agenda
Agenda For personal use only 1. Summary highlights 2. Operational performance 3. Financial results 4. Outlook
Slide 4: Strong half-year results highlight growth and positive sentiment
Strong half-year results highlight KEY HIGHLIGHTS growth and positive sentiment Revenue increase driven by growth in retail new and used vehicles, and across For personal use only FINANCIAL HIGHLIGHTS: 1H 2025 the wholesale distribution businesses Continued SALES REVENUE OPERATING GROSS PROFIT UNDER
Slide 5: Operational performance
For personal use only Operational performance 1H 2025
Slide 6: Operational highlights
Operational highlights For personal use only 1. Revenue growth of 12% 2. Outperformed retail new vehicle market[1] and increased used vehicle unit sales by 10% 3. Reduced inventory by $7.8 million 4. Reduction of 36% in net bank debt [1] New motorcycle and off-highway vehicle market by units sold, a
Slide 7: Consistent revenue growth
Consistent revenue growth For personal use only SALES REVENUE ($M) 700 600 577.4 582.3 500 457.3 430.7 400 348.6 328.0 315.1 300 200 293.4 328.0 276.3 100 218.0 234.6 165.4 170.6 0 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 1H 2025 First half Second half 7 MotorCycle Holdings Investor Presentat
Slide 8: Robust sales performance
Robust sales DIVERSIFIED SALES REVENUE ($M) performance 200 11% For personal use only HIGHLIGHTS[1] 180 • Retail new and used vehicle 160 revenue increased 11% 140 • 8% improvement in finance and insurance commission income 120 • Retail parts and accessories, and servicing repair up 7% and 100 183.4
Slide 9: Solid new vehicle sales performance and market share gains
Solid new vehicle sales performance The Group has continued and market share gains to grow post-COVID, outperforming the industry For personal use only 16,000 80,000 9,000 14,039 13,751 14,491 14,000 13,264 70,000 8,000 INDUSTRY PERFORMANCE 7,000 12,000 11,013 60,000 MTO PERFORMANCE 6,340 6,839 10,0
Slide 10: Record used vehicle unit sales
Record used MTO: increased 10% in 1H 2025 vehicle unit 12,000 sales 10,374 For personal use only 10,082 10,024 10,113 10,000 9,430 9,068 • 10% increase in used vehicle unit 8,000 sales while maintaining margins 5,014 4,544 5,088 5,074 4,366 4,733 • Targeting further growth in used motorcycles, and i
Slide 11: Inventory management to remain a key focus
Inventory management to remain a key focus For personal use only HIGHLIGHTS • Reduction in inventory reflects improved operational efficiency and capital management • Decrease of $7.8 million (5%) since 30 June 2024 • Decrease of $14.3 million (9%) since 31 December 2023 • Strategy to increase numbe
Slide 12: Reduction in net debt position
Reduction in net debt position For personal use only HIGHLIGHTS 50 • Reduction in net debt reinforcing commitment to 45 strengthening balance sheet 40 • Reduced by 36% to $24.2 million during the half 35 • Reduced by $19.2 million since 31 December 2023 30 • Cash on hand as at 31 December 2024 was $
Slide 13: Financial results
For personal use only Financial results 1H 2025
Slide 14: Results overview
Results overview OVERVIEW OF RESULTS ($M) 1H 2025 1H 2024 CHANGE CHANGE % Sales revenue 328.0 293.4 34.6 For personal use only Operating gross profit 82.8 75.2 7.6 10% Share of income from MCF[1] 0.2 0.4 (0.2) Other income 0.4 0.7 (0.3) Operating costs (57.2) (54.5) (2.7) Underlying EBITDA 26.2 21.8
Slide 15: Balance sheet
Balance sheet BALANCE SHEET ($M) Cash and cash equivalents 31 DEC 2024 20.8 30 JUN 2024 12.1 CHANGE % 72% For personal use only Trade and other receivables 12.5 11.9 5% Inventories 147.8 155.6 (5%) Plant and equipment 14.1 13.8 2% Right-of-use assets 42.0 44.3 (5%) Goodwill and intangible assets 143
Slide 16: Improvement in first half EBITDA
Improvement in first half EBITDA For personal use only 60 14 55.3 49.7 49.1 12 50 45.2 10 40 17.5 30.5 23.3 23.4 8 30 6 11.5 10.7 20 9.6 32.2 4 7.8 8.0 25.8 24.8 26.2 10 21.8 2 0 0 FY 2021 FY 2022 FY 2023 FY 2024 1H 2025 FY 2021 FY 2022 FY 2023 FY 2024 1H 2025 First half Second half Full year First
Slide 17: Net profit after tax (NPAT)
Net profit NPAT ($M) after tax 30.0 28.3 (NPAT) For personal use only 25.0 23.1 23.0 11.1 20.0 10.5 12.5 15.0 14.1 10.0 7.5 17.2 12.6 5.0 10.5 9.4 6.6 - FY 2021 FY 2022 FY 2023 FY 2024 1H 2025 First half Second half 17 MotorCycle Holdings Investor Presentation: February 2025
Slide 18: FY25 outlook
FY25 outlook KEY MESSAGES Cautious optimism about a positive result for the For personal use only second half Maintain emphasis on cost More favourable agricultural Targeting further growth in Strategic priorities management through a conditions are expected to used motorcycles sales. structured exp
Slide 19: Thank you
For personal use only Thank you MOTORCYCLE HOLDINGS LIMITED 68 Moss Street Slacks Creek QLD 4127 www.mcholdings.com.au