AMA Group (ASX:AMA), the operator behind the Capital SMART and Gemini collision-repair networks across Australia and New Zealand, slipped around 2% on 4 September 2026 during the trading session, but later closed 11.11% higher at AUF 0.55. Just weeks earlier the smash-repair heavyweight had unveiled its strongest annual result in years — record revenue, a return to bottom-line profit and, tellingly, its first Dividend since 2019. A

Latest AMA Group news
The main event was AMA's FY26 full-year result, released on 21 August 2026. The company posted record Revenue of A$1.04 billion, up from A$1.01 billion the year before, and swung to a net profit after tax of A$7.7 million from a A$6.2 million loss in FY25. Normalised EBITDA (pre-AASB 16) rose to A$68.0 million from A$62.6 million. Crucially, the board reinstated dividends for the first time since 2019, declaring 0.5 cents per share fully franked. Net Debt was trimmed to A$18.4 million. Management also issued FY27 guidance for normalised EBITDA of A$75–80 million, subject to ordinary trading conditions, and continued to reshape its Capital SMART footprint, opening new sites in South Australia, New South Wales and Tasmania while closing under-performing locations.

What could come next?
The clearest catalyst is delivery against the FY27 EBITDA guidance of A$75–80 million, which will test whether the turnaround is durable. Trading updates, further site optimisation and any progress on debt reduction will be watched closely, as will insurer pricing negotiations, which remain central to margins. Broader risks include claims volumes, wage and parts inflation, and consumer and vehicle-repair activity levels. Any sign that momentum from the strong FY26 is carrying into the new year would help rebuild long-suffering investors' confidence.