Ama Group Limited · ASX:AMA
Ama — H1 2026 Earnings Presentation
25 slides from Ama's earnings presentation, Feb 24, 2026
Slide 1: 2026 Half Year Results Presentation
2026 Half Year Results Presentation 24 February 2026
Slide 2: Webcast
Webcast AMA Group 2026 Half Year Results Tuesday, 24 February 2026 11:00am, AEDT To join the webinar online or via phone register via the following link: https://s1.c-conf.com/diamondpass/10051899-ju78y6.html 2
Slide 3: Business Update
Business Update
Slide 4: 1H26 Overview
1H26 Overview ▪ 1H26 pre-AASB 16 Normalised EBITDA of $30.5m, up $5.5m (+21.9%) on 1H25 Normalised ▪ Operating cash flow of $12.2m an improvement of $1.7m (+16.2%) on 1H25 Revenue EBITDA ▪ Capital SMART achieved an EBITDA of 24.0m for 1H26, down from $25.8m in 1H25 which is in line $524.1m $30.5m wi
Slide 5: Capital SMART
Capital SMART In line with expectations Sites Revenue ▪ Capital SMART continues to deliver improved customer outcomes , in conjunction with Suncorp 63 $245.9m ▪ Despite lower volumes (particularly in VIC), revenue increased as a result of higher severity and 1H26 1H26 complexity of repairs ↑ 2 sites
Slide 6: AMA Collision
AMA Collision Transformational change program continues with significantly improved financial performance Sites Revenue ▪ AMA Collision continues on the path of improved optimisation and capability, with the transitional 59 $194.1m change program delivering improved financial performance in 1H26 to
Slide 7: Wales Heavy Vehicle
Wales Heavy Vehicle Wales impacted by softer work provisions Sites Revenue ▪ 1H26 has delivered solid financial performance with strong underlying operations following a 9 $40.1m range of optimisation projects 1H26 1H26 Flat vs FY251 ↑$1.2m vs 1H25 ▪ There has been a shift in work mix in 1H26 with r
Slide 8: Specialist Businesses
Specialist Businesses ▪ AMA Prestige 4 Prestige Revenue ‐ Prestige sites 1H26 revenue and EBITDA (Pre-AASB16) well ahead of prior corresponding period 5 TrackRight Sites $32.6m ‐ Financial performance improved a result of improved productivity following a range of 10 TechRight 1H26 initiatives imple
Slide 9: ACM Parts
ACM Parts Business continues to improve with positive pre-AASB 16 Normalised EBITDA Sites Revenue ▪ Strong uplift in financial performance as key initiatives relating to the reclaimed and genuine 5 $46.7m businesses and growth in the consumables business have yielded positive results 1H26 1H26 ↓ 1 s
Slide 10: Group Financials
Group Financials
Slide 11: Summary Financial Performance
Summary Financial Performance Summary financial performance ($M) H1 FY26 H1 FY25 Change ▪ Total Group revenue and other income up $29.6m (+6.0%) to Revenue and other income 524.1 494.5 29.6 $524.1m in 1H26 (1H25: $494.5m) Operating expenses (inc. rent, normalisations) (493.6) (469.5) (24.0) ‐ Revenu
Slide 12: Summary Financial Position
Summary Financial Position Summary financial position ($M) 31-Dec-25 30-Jun-25 Change ▪ Balance Sheet remains strong and provides the organisation the Cash and cash equivalents 47.3 57.3 (10.0) Other current assets 123.6 141.0 (17.4) capability to execute its capital expenditure program Intangible a
Slide 13: Cash Flows
Cash Flows Statement of Cash Flows ($M) H1 FY26 H1 FY25 Change ▪ Improved total operating cashflow of $29.2m (+10.9%) in 1H26 up from Receipts from customers (incl. GST) 588.4 560.9 27.5 $26.3m in 1H25 Payments to suppliers and employees (incl. GST) (540.5) (515.6) (25.0) Payment for make good of le
Slide 14: Corporate
Corporate ▪ Normalised Corporate costs increased $2.2m in 1H26 compared to 1H25 predominantly due to: Summary financial performance ($M) H1 FY26 H1 FY25 Change Revenue and other income 0.0 0.0 0.0 ‐ Higher LTI expense (non-cash) Operating expenses (incl. rent) (6.1) (7.4) 1.3 ‐ Higher training expen
Slide 15: Outlook
Outlook
Slide 16: FY26 Outlook
FY26 Outlook AMA Group continues to progress on its journey to achieving a pre-AASB 16 EBITDA % of 10% within our core vehicle collision repair businesses in the coming 3-4 years. ▪ Capital SMART expecting another strong result albeit slightly lower than FY25 ‐ Some rationalisation in the existing n
Slide 17: Other Information
Other Information
Slide 18: Team members
Drivable passenger vehicle collision repairs $245.9m 1H26 revenue 1,592 team members Number of sites 71.7k repairs # 1 Drivable and non-drivable passenger vehicle collision repairs 29 $194.1m 1H26 revenue 1,313 team members 15 45.3k repairs 6 26 Heavy vehicle collision repairs $40.1m 1H26 revenue 6
Slide 19: Summary Financial Performance
Summary Financial Performance FY26 H1 FY26 H1 (Post (Pre Summary financial performance ($M) AASB 16) AASB 16) Revenue and other income 524.1 524.1 Operating expenses (inc. rent, normalisations) (462.1) (493.6) Normalised EBITDA 62.0 30.5 Normalisations 1.4 1.4 EBITDA 60.6 29.1 Depreciation and amort
Slide 20: 1H26 Result
1H26 Result Improvement in operating position of overall business on prior year Vehicle Collision Repairs Corporate / Eliminations Total (ex. ACM) Summary financial performance ($M) H1 FY26 H1 FY25 Change H1 FY26 H1 FY25 Change H1 FY26 H1 FY25 Change Revenue and other income 512.7 479.7 33.0 (9.2) (
Slide 21: Quarterly Key Metrics
Quarterly Key Metrics Key Metrics - Quarter on Quarter Units 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Safety LTIFR #/mhrs 4.91 4.19 2.72 2.85 2.37 3.12 Collision Repair Repair volume '000 66.0 57.5 61.3 63.3 65.3 58.8 Average repair price $ 3,735 3,933 3,881 4,076 4,025 4,094 Revenue $m 246.3 226.1 237.9 258.0
Slide 22: Definitions
Definitions Item Definition EBITDA Earnings before interest, tax, depreciation, amortisation, impairment and fair value adjustments on contingent vendor consideration. Normalised EBITDA EBITDA as defined above, excluding the impact of normalisations as identified on slide 12. EBITDA % EBITDA margin,
Slide 23: Important Notices and Disclaimer
Important Notices and Disclaimer This publication is prepared by AMA Group Limited (ABN 50 113 883 560) (“AMA”, “AMA Group” or the “Company”) and its controlled entities (together referred to as the “Group”). The information in this publication is in summary form, does not purport to be complete, is
Slide 24: Q&A
Q&A
Slide 25: AMA Group Limited
AMA Group Limited ABN 50 113 883 560 Level 5, 484 St Kilda Road Melbourne, VIC 3004 amagroupltd.com