Retail

• The sale of Black Rubber’s Western Australian operations was completed on 31 August 2026.

• The net loss narrowed to AUD 120,916 from AUD 958,240.

• Group underlying EBITDA expected in the range of NZ$38 million to NZ$41 million, representing approximately 123% growth at the midpoint on FY25.

• The Ingenia Board, after consideration with financial and legal advisers, determined the proposal substantially undervalues the group and is not in the best interests of security holders.

The Australian retail sector remains shaped by cautious consumer behaviour. Households continue to prioritise essential spending while becoming more selective with discretionary purchases.

• Statutory NPAT of $10 million, up 5.2%

• Continuing share buy-back programme in progress