Ntaw Holdings Limited. · ASX:NTD
Ntaw — FY2026 Earnings Presentation
20 slides from Ntaw's earnings presentation, Aug 27, 2026
Slide 1: Results presentation
Results presentation Results presentation NTAW Holdings Limited (ASX: NTD) (‘NTD’) Year ended 30 June 2026
Slide 2: CEO quote: FY2026 was a year of reset and delivery
“FY2026 was a year of reset and delivery. We improved gross margin, refined our cost base, strengthened balance-sheet flexibility, and addressed many of the structural issues in the business. With a more sustainable platform now in place, FY2027 is about controlled growth, stronger supplier partners
Slide 3: Overview
Overview Revenue and volume performance: 2H2026 revenue was slightly Inventory: Lower inventory reflects the ongoing reduction program and lower than 1H2026, primarily due to the AUD/NZD exchange rate and the reclassification of $6.4 million as held-for-sale as at 30 June 2026 in reduced revenue in
Slide 4: Improving financial metrics: 1H2026-2H2026
Improving financial metrics: 1H2026-2H2026 Improving financial metrics: 1H2026-2H2026 Revenue and volume performance: 2H2026 revenue was slightly lower than 1H2026, primarily due to the AUD/NZD exchange rate and reduced revenue in Black Rubber. Excluding this impact, volumes remained in line with ex
Slide 5: We delivered on our commitments in FY2026
We delivered on our commitments in FY2026 We delivered on our commitments in FY2026 Balance sheet stabilisation Our commitment • A revised covenant structure was agreed with CBA, “The Group will continue its efforts to reduce inventory to a providing the Group with greater flexibility to execute pla
Slide 6: We delivered on our commitments in FY2026 (cont.)
We delivered on our commitments in FY2026 (cont.) We delivered on our commitments in FY2026 (cont.) Cost-base refinements Strengthened core partnerships Our commitment Our commitment “The Group will continue driving cost efficiencies to maintain “The Group will formalise strategic supplier partnersh
Slide 7: We delivered on our commitments in FY2026 (cont.)
We delivered on our commitments in FY2026 (cont.) We delivered on our commitments in FY2026 (cont.) Revenue and margin improvement Our commitment “The Group will continue to reset Black Rubber by maintaining a Our commitment back-to-basics approach. We will focus on commercial retail “We will focus
Slide 8: We delivered on our commitments in FY2026 (cont.)
We delivered on our commitments in FY2026 (cont.) We delivered on our commitments in FY2026 (cont.) Revenue and margin improvement (cont.) Our commitment “The Group will launch Dynamic Wheel Co. NZ (‘DWCNZ’) and Our commitment create a dedicated wheel business in New Zealand that replicates “The Gro
Slide 9: FY2026 financial results
FY2026 financial results FY2026 financial results
Slide 10: Statement of profit or loss
Statement of profit or loss Statement of profit or loss Overview The significant reduction in revenue from FY2025 to FY2026 was due to the cessation of Dunlop and Alliance distribution agreements and our planned exit from non-core Black Rubber retail outlets. The Group started to reset expenses in 2
Slide 11: Operating EBITDA: 1H2026 - 2H2026
Operating EBITDA: 1H2026 - 2H2026 Operating EBITDA: 1H2026 - 2H2026 • Cost-base reductions initiated in 2H2025 Operating EBITDA: 1H2026 - 2H2026 16,000 continued through FY2026, although the 1,353 15,040 timing of these initiatives resulted in a 14,000 1,939 lag in EBITDA margin improvement to 12,00
Slide 12: Balance sheet
Balance sheet Balance sheet • Our inventory reduction program continued and is expected to remain at this level in FY2027. • The Group maintained a strong working capital position. • Gross debt reduced $13.9 million during FY2026. • Assets and liabilities associated with TLS and Black Rubber WA have
Slide 13: Cash flow summary
Cash flow summary Cash flow summary • Cash flows from operating activities improved by $9.1 million in 2H2026 compared to 1H2026. • The Group made a net repayment of borrowings of $13.2 million in FY2026, compared to $4.6 million in FY2025. • The significant movement in net cash flows from operating
Slide 14: Commitments and priorities for FY2027
Commitments and priorities for FY2027 Commitments and priorities for FY2027 Revenue and margin improvements NTAW Fleet Australia Black Rubber Retreading • Develop a centralised approach to leverage Australian • Improve the commercial viability of the Group’s Australian Wholesale and Black Rubber’s c
Slide 15: Commitments and priorities for FY2027 (cont.)
Commitments and priorities for FY2027 (cont.) Commitments and priorities for FY2027 (cont.) Strengthen core supplier partnerships • Align suppliers with the changing vehicle markets in Australia and NZ. • Deliver new product innovations from partners to enable growth opportunities. • Expand ranges i
Slide 16: FY2027 outlook
FY2027 outlook Modest top-line growth, stable margins and cost discipline underpin the FY2027 plan.
Slide 17: FY2027 Outlook
FY2027 Outlook Modest sales growth amid subdued Maintenance of current gross profit margin consumer sentiment and economic and 2H2026 expense base conditions • Maintaining the 2H2026 gross profit margin, together with • In Australia, GDP and consumer demand are expected to continued cost rationalisa
Slide 18: Important Information and Disclaimer
Important Information and Disclaimer Important Information and Disclaimer This presentation may contain certain unaudited financial information in relation to NTAW Holdings Limited (“NTD” or “Company” or “Group”). As such, it has not been subject to an audit or an audit process or otherwise independ
Slide 19: Appendix A
Appendix A NTAW Holdings Limited is the largest independent tyre and wheel importer in Australia and New Zealand. The Group has about 750 employees serving more than 3,500 B2B customers, going further to help them win in a highly competitive industry. The Group is engaged in brand building, logistic
Slide 20: Appendix B
Appendix B Focus on winnable segments of a $5.5 billion industry * * Carter’s Tyre Service has a complete network of commercial retail outlets geographically located in New Zealand to best service fleet customers. 20