Slide 1: FY26 H1 Results
2026 IVE Group Limited (ASX: IGL) FY26 H1 Results FY 26 H1 Results Melbourne Sydney Brisbane Adelaide Perth Tasmania International
Slide 2: Contents
Table of Contents 1H FY 26 Results 2 2026 Contents Introduction and strategy 3 Performance overview 7 Underlying financial performance 8 Financials 9 Underlying profit and loss 10 Balance sheet 12 Capital expenditure 13 Cash flow and dividends 14 Key initiatives 15 Sydney supersite 16 Lasoo 17 C ata
Slide 3: Introduction and strategy
Introduction and strategy 1H FY 26 Results 3 2026
Slide 4: Introduction and strategy
Introduction and strategy 1H FY 26 Results 4 2026
Slide 5: Introduction and strategy
Introduction and strategy 1H FY 26 Results 5 2026
Slide 6: Introduction and strategy
Introduction and strategy 1H FY 26 Results 6 2026
Slide 7: Performance overview: Key highlights
Key highlights 1H FY 26 Results 7 2026 Performance overview Solid half -year result Financial performance Key updates Key initiatives Margin expansion consistent 3PL expansion Kemps Creek, Sydney supersite with ‘Now to 2030 ’ strategy - Dandenong operational ahead of schedule - construction complete
Slide 8: Solid underlying financial performance
Financial performance 1H FY 26 Results 8 2026 Solid u nderlying financial performance 1 Revenue EBITDA Material gross profit margin (MGM) NPAT EPS(NPAT) $ 476 .5 m 75 .4 m ↓6.2 % on PCP $ ↑1.8% on PCP 50 .7 % 48.5% PCP $ 28 .4 m 18.4 ¢ ↓3.0% on PCP ↓2.9% on PCP EPS(NPATA2) Operating cash flow to EBI
Slide 9: Financials
Financials 1H FY 26 Results 9 2026 Financials ivegroup.com.au
Slide 10: Underlying profit and loss
Financials 1H FY 26 Results 10 2026 Underlying 1H FY 26 $m 1H FY 25 $m Variance % profit and loss¹ Revenue Material profit 476.5 241.5 507.8 246.1 (6.2) (1.9) % of revenue 50.7% 48.5% 4.5 EBITDA 75.4 74.1 1.8 % of revenue 15.8% 14.6% 8.4 Depreciation and amortisation 25.7 22.6 13.9 EBIT 49.7 51.4 (3
Slide 11: Underlying earnings
Financials 1H FY 26 Results 11 2026 Underlying earnings Revenue Revenue down 6.2 % to $476.5 m 1 Strong MGM and cost control drove EBITDA and NPAT margin expansion CX & Data, Creative and 3PL p erformed well EBITDA up 1.8% to $75.4m New client wins include Bunnings, Subway, EBITDA margin up to 15.8%
Slide 12: Strong balance sheet
Financials 1H FY26 Results 12 2026 Strong balance sheet Cash at bank broadly unchanged at $50.2 m 1H FY 26 FY25 1H FY25 Net debt $m $m $m Net debt increased to $172.3m, reflecting acquisition funding coupled with peak working capital seasonality and elevated capex for growth initiatives Loans and bo
Slide 13: Capital expenditure
Financials 1H FY26 Results 13 2026 C a pita l expenditure Supporting execution of major strategic initiatives Cap ital expenditure was $22.5 m (net of disposals), 1H FY 26 1HFY25 including $12.2m for the replacement sheet fed printing Capital expenditure $m $m presses and other equipment to facilita
Slide 14: Cash flow and dividends
Financials 1H FY26 Results 14 2026 Cash flow and dividends Cash flow and dividends Operating cash conversion remains strong Operating cash conversion to EBITDA remains strong at 84.0 % 1H FY26 1H FY 25 Cash flow and dividends $m $m Working capital is expected to remain relatively stable hereafter, b
Slide 15: Key initiatives
Key initiatives 1H FY 26 Results 15 2026 Key initiatives
Slide 16: Sydney supersite leveraging scale
Key initiatives - Sydney supersite 1H FY26 Results 16 2026 Kemps Creek Sydney supersite leveraging scale Consolidating multiple sites for operating efficiencies and capacity expansion, consistent with strategy Relocating to a 42 ,000 m² supersite in Kemps Creek, Western Sydney The benefits of the ne
Slide 17: Lasoo: record retailer and user growth
Key initiatives - Lasoo 1H FY 26 Results 17 2026 Lasoo…record retailer and user growth… delivering 1 outsized growth in GTV and repeat customer sales (m) 400 1.6 Retailers live Up 38% on pcp Unique users Up 54 % on pcp 350 1.4 300 1.2 250 1.0 200 0.8 150 0.6 100 0.4 50 0.2 0 0.0 2Q23 3Q23 4Q23 1Q24
Slide 18: Catalogues driving real returns
Key initiatives – catalogue market research 1H FY26 Results 18 2026 Catalogues driving real returns Changing Consumer Behaviour = Retail Opportunity Behaviour Channel Media Impact Opportunity Consumers are more Physical stores matter as Catalogues drive Retailers can further selective, value -led tr
Slide 19: Events
Key initiatives – Events 1H FY 26 Results 19 2026 Events Events is emerging as a standalone value proposition and target market leveraging unique capabilities across Brand Activations, Creative & Content and Merchandise & Apparel Events originated as a specialty area within Brand Activations Growth
Slide 20: Events – AO spotlight
Key initiatives – Events 1H FY26 Results 20 2026 Events – AO spotlight The 2026 Australian Open showcased IVE’s Event capabilities with a brief to deliver a world -class, immersive experience across Melbourne Park that elevated the event environment, engaged fans on -site and on -screen, and brought
Slide 21: View the video
Key initiatives - Events 1H FY26 Results 21 2026 View the video ivegroup.com.au
Slide 22: 'Now to 2030' – acquisition initiatives
Key initiatives 1H FY 26 Results 22 2026 ‘Now to 2030’ – acquisition initiatives ivegroup.com.au
Slide 23: Impressu
Key initiatives - Acquisitions 1H FY26 Results 23 2026 Impressu IVE acquired Impressu for $13.5m and signed a long -term marketing agreement with Domino ’s Pizza Enterprises (DPE) Impressu is a Brisbane -based print business providing digital and offset print, direct mail and letterbox marketing, si
Slide 24: Budget Mail Services (BMS)
Key initiatives – Acquisitions 1H FY 26 Results 24 2026 Budget Mail Services (BMS) IVE acquired Budget Mail Services (BMS) for $1m (cash and liabilities) BMS is a small Sydney -based mail and communications business supporting clients in the share registry, charity, publishing and education sectors
Slide 25: Daily Press
Key initiatives – Acquisitions 1H FY 26 Results 25 2026 Daily Press IVE acquired Daily Press for total consideration of up to $35m Daily Press is an Australian -based creative agency specialising in digital, social media and performance marketing Advances IVE’s ambition to create a truly omni -chann
Slide 26: FY26 outlook and guidance
FY 26 outlook and guidance 1H FY26 Results 26 2026 FY26 outlook and guidance
Slide 27: FY26 outlook and guidance
FY26 outlook and guidance 1H FY26 Results 27 2026 FY26 outlook and guidance 1 Cap ital ex penditure expectations are broadly unchanged at Underlying NPAT is expected to be around $50m 2, excluding the expected ~$45m (net of disposal proceeds ) favourable net impact of recent acquisitions Net debt at
Slide 28: Appendices
Appendices 1H FY26 Results 28 2026 Appendices ivegroup.com.au
Slide 29: Appendix A
Appendices 1H FY26 Results 29 2026 Appendix A 1H FY26 1H FY25 Variance 1H FY26 1H FY25 IFRS Profit and Loss $m $m % IFRS to underlying NPAT reconciliation $m $m Revenue 479.1 510.2 (6.1) IFRS NPAT 24.3 27.1 Material profit 243.2 247.5 (1.7) Lasoo 3.4 3.2 % of revenue 50.8% 48.5% 4.7 Restructure/relo
Slide 30: Appendix B
Appendices 1H FY26 Results 30 2026 Appendix B Underlying Profit and Loss 1H FY26 1H FY 25 Variance (Pre-AASB 16)1 $m $m % Revenue 476.5 507.8 (6.2) Material profit 241.5 246.1 (1.9) % of revenue 50.7% 48.5% 4.5 EBITDA 58.8 60.2 (2.3) % of revenue 12.3% 11.9% 4.1 Depreciation and amortisation 12.0 12
Slide 31: Appendix C: Balance Sheet
Appendices 1H FY26 Results 31 2026 Appendix C IVE Group Limited Balance Sheet 1H FY 26 $m FY25 $m Current Assets Cash and cash equivalents 50.2 50.1 Trade receivables, prepayments and other 168.9 141.2 Inventories 75.4 79.2 Total Current Assets 294.5 270.5 Non -Current Assets Deferred tax assets 17.
Slide 32: Disclaimer
Appendices 1H FY26 Results 32 2026 Disclaimer Disclaimer No recommendation, offer, invitation or advice Forward - looking statements Jurisdiction This presentation contains general information about the activities of IVE Group The information in this presentation is for general information only. To
Slide 33: Matt Aitken, Darren Dunkley, Tony Jackson
Matt Aitken Darren Dunkley Tony Jackson Managing Director Chief Financial Officer Investor Relations Matt.Aitken@ivegroup.com.au Darren.Dunkley@ivegroup.com.au Tony.Jackson@ivegroup.com.au +61 413 740 774 +61 425 228 204 +61 410 499 043 ivegroup.com.au