MotorCycle Holdings Ltd
ASX:MTO
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MotorCycle Holdings Ltd
ASX:MTO
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MotorCycle Holdings Ltd
Motorcycle Holdings Ltd. engages in the ownership and operation of motorcycle dealerships. The company is headquartered in Logan City, Queensland and currently employs 700 full-time employees. The company went IPO on 2016-04-29. The Company’s segments include Motorcycle Retailing and Motorcycle Accessories Wholesaling. Its core business consists of the ownership and operation of motorcycle dealerships and retail accessories outlets. The firm is engaged in the sale of new motorcycles, used motorcycles, accessories and parts, finance, insurance and mechanical protection plans, as well as service and repair. The company also owns and operates a motorcycle repair business, which performs smash repair work for insurers. The firm operates approximately 41 retail locations in Queensland, New South Wales, Victoria and the Australian Capital Territory.
Motorcycle Holdings Ltd. engages in the ownership and operation of motorcycle dealerships. The company is headquartered in Logan City, Queensland and currently employs 700 full-time employees. The company went IPO on 2016-04-29. The Company’s segments include Motorcycle Retailing and Motorcycle Accessories Wholesaling. Its core business consists of the ownership and operation of motorcycle dealerships and retail accessories outlets. The firm is engaged in the sale of new motorcycles, used motorcycles, accessories and parts, finance, insurance and mechanical protection plans, as well as service and repair. The company also owns and operates a motorcycle repair business, which performs smash repair work for insurers. The firm operates approximately 41 retail locations in Queensland, New South Wales, Victoria and the Australian Capital Territory.
Record Revenue: MotorCycle Holdings delivered a record half-year sales revenue of $396.4 million, up 20.9% on the prior period, driven by both organic growth and the Peter Stevens/Harley Heaven acquisition.
Profit Growth: Underlying net profit after tax increased 28.7% to $12.1 million, while underlying EBITDA rose 21% to $31.7 million, both reflecting strong operational performance.
Margin Expansion: Gross margin improved from 25.2% to 25.9%, supported by favorable currency movements, better vehicle distribution margins, and higher-margin product mix.
Market Share Gains: New vehicle retail market share increased to 19.8%, up from 16.6%, with expectations to exceed 20% annually.
Acquisition Integration: The integration of Peter Stevens and Harley Heaven is ahead of expectations, quickly returning to profitability with improving monthly results.
Dividend Increase: The interim dividend was raised 19% to $0.095 per share, reflecting strong cash generation and confidence in future growth.
Positive Outlook: Management remains optimistic for the second half, citing further integration benefits, margin tailwinds from a stronger AUD, and ongoing transformation initiatives.
