Camplify Holdings Limited (CHL) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

12 months ago, we told the market that FY26 would be about one thing, becoming a profit-focused organisation first and foremost. Today's result shows that we delivered on that commitment. FY26 was a year of two halves. In the first half, we completed the hard structural work, the cost reduction programs and scaling of the MyWayMutual. In the second half, the reset business delivered. Here are the headline numbers. Full year, group EBITDA of $0.3 million. A $10.6 million turnaround from the $10.4 million loss in FY25. Importantly, half two at EBITDA of $3.5 million and a H2 net profit after tax of $2.3 million. a $6.3 million EBITDA improvement from the prior corresponding half. Statutory net loss after tax reduced 96% to $0.8 million from a restated $16.5 million loss PCP. We closed with cash of $10 million, no debt. PCP cash increased from $8.4 million in FY25. Importantly, the second half was profitable through the most significant external shock this business has faced. The June quarter escalation in the Middle East and the fuel volatility followed cut forward bookings by 29% within weeks. We stepped down cost immediately, held our margins and remained profitable through the quarter. Our most profitable half as a listed company was also one of our most difficult quarters. This is clearly evidence that our strategy is working. Beyond the financial results, the FY26 delivered structural improvements across the business. We launched and scaled the MyWay Mutual, moving owner protection in-house, now our single largest driver of our margin transformation. We executed the JB Group strategic investment with a placement of $3.2 million and a board improvement of share and zero. We went from a 12-month product backlog to a 45-day product cycle delivery team, shipping more ...