Half year ended 31 December 2024
Agenda
1 | 2 | 3 | 4 |
H1 FY25 | Financial | Operating | Appendices |
Highlights | Performance | Segments | |
Page | |||
4 - 16 | 17 - 22 | 23 - 32 | 33 - 38 |
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1. H1 FY25 Highlights
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Financial Highlights
CAR Group delivers excellent H1 FY25 financial results
Proforma1 | Revenue | Proforma1 | EBITDA | Adjusted2 | NPAT | Reported3 | NPAT |
$548m | $302m | $177m | $123m | ||||
12% | 9% | 12% | 9% | 12% | 9% | 5% | |
in CC4 | in AUD | in CC4 | in AUD | in CC4 | in AUD | in AUD |
$579m | 55% | 47cps |
Reported Revenue | Proforma EBITDA margin | Adjusted Earnings per share |
All financial information is presented in AUD unless otherwise stated. All comparatives are vs prior corresponding period "pcp", unless otherwise stated.
EBITDA = Earnings Before Interest, Tax, Depreciation & Amortisation. NPAT = Net Profit After Tax attributable to owners of CAR Group Limited.
- Proforma financial information excludes the Australian Tyres business unit in both periods and certain non-recurring or non-cash items as in adjusted financials.
- Adjusted financial information excludes certain non-recurring or non-cash items. See slide 2 regarding the disclosure of non-IFRS Information and slide 36 for a reconciliation of Adjusted to Reported Financials.
- Reported financial information is in accordance with IFRS.
- CC = Constant currency. Constant currency represents the underlying change vs pcp in local currency. This is calculated by restating the prior period results using current period FX rates.
- EBITDA = Proforma EBITDA
1.8x
Net Debt:EBITDA5
5
Track Record of Growth
Proforma | |
Revenue1 | |
13% CAGR | |
($AUDm) | |
Proforma
EBITDA1 ($AUDm)
13% CAGR
330 367 422
487 548
187 202
231
270 302
H1 FY21 | H1 FY22 |
Adjusted NPAT2 ($AUDm)
74 89
H1 FY23 | H1 FY24 | H1 FY25 |
24% CAGR
163 177
122
H1 FY21 | H1 FY22 |
Adjusted EPS3 (cents)
28.5 29.8
H1 FY23 | H1 FY24 | H1 FY25 |
13% CAGR
43.2 47.0
34.6
H1 FY21 | H1 FY22 | H1 FY23 | H1 FY24 | H1 FY25 |
H1 FY21 | H1 FY22 | H1 FY23 | H1 FY24 | H1 FY25 |
(1) | Refer to footnote 1 and 2 on slide 5 for proforma and adjusted financial definitions. Proforma Revenue and Proforma EBITDA are presented on a constant currency basis. | 6 |
(2) | Adjusted financial information excludes certain non-recurring or non-cash items. See slide 2 regarding the disclosure of non-IFRS Information and slide 36 for a reconciliation of Adjusted to Reported Financials. | |
(3) | In accordance with AASB133, historical EPS has been restated based on an adjustment factor to take into account the new shares issued in connection with the Trader Interactive and webmotors acquisitions, where applicable. |
Operational Highlights
Strong operational metrics reflect the strength of our global marketplaces
2.4 million | 49thousand | 9 billion |
Vehicles online1
Subscribed dealers2 | Page views3 |
634million | 48 million | 11 million |
Total sessions4 | Unique audience | Dealer leads |
per month5 | delivered6 |
All arrows show change vs. H1 FY24
- Inventory published for websites in Australia, South Korea, United States, Brazil, and Chile as at 31 Dec 24.
- Number of active dealers in Australia, South Korea, United States, Brazil and Chile as at 31 Dec 24.
- Page views for websites in Australia, South Korea, United States, Brazil and Chile for period 1 Jul 24 - 31 Dec 24.
- Sessions for websites in Australia, South Korea, United States, Brazil and Chile for period 1 Jul 24 - 31 Dec 24.
(5) Average monthly unique audience for websites in Australia, South Korea, United States, Brazil and Chile for period 1 Jul 24 - 31 Dec 24. | 7 |
(6) Dealer leads from websites in Australia, South Korea, United States, Brazil, and Chile for period 1 Jul 24 - 31 Dec 24. | |
Our Global Portfolio
Australia | North America | LATAM | Asia |
Brands
Key
RevenueContribution1 42%
of Group
Revenue
(1) Revenue contribution adds to 100% when investments segment is included.
27% | 18% | 12% | |
of Group | of Group | of Group | |
Revenue | Revenue | Revenue | |
International | 8 |
57% of Group Revenue |
CAR Group Strategy
Our Purpose
To make buying and selling a great experience
Our Vision
To create #1 digital marketplaces for vehicles around the world
Our Focus Areas | ||
Building seamless | Investing in new | |
digital experiences | growth opportunities | |
Our Drivers | |
People | Sustainable Growth |
Investing in attracting and | Investing in emerging technology, |
retaining top talent | trust and safety, our industries and |
communities |
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Our Global Priorities
We have a clear set of priorities across our global marketplaces
1
2
3
4
5
6
Market
Leadership
Digitising
Services
Depth
Private
Media
Expansion
Future
Horizons
Expand the leadership positions of our online marketplaces
Remove friction points in the vehicle buying and selling process
Deliver value for sellers through new premium depth products
Create a seamless experience for private buyers and sellers
Connect advertisers to our audience through the most sophisticated data
products
Leverage insights and trends to explore new opportunities
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