Highlights

  • FY26 Revenue reached A$1,253 million, while reported EBITDA rose to A$667 million.
  • Reported net profit after tax was A$314 million and adjusted net profit after tax was A$407 million.
  • Growth was spread across Australia, North America, Latin America and Asia, with overseas markets contributing a larger share of expansion.
  • FY27 guidance targets constant-currency revenue growth of 11% to 14% and adjusted EBITDA growth of 10% to 13%.
  • Technology Investment and artificial intelligence remain central to product development and marketplace operations.

CAR Group Limited (ASX:CAR) operates digital vehicle marketplaces across Australia, South Korea, the United States, Chile and Brazil. Its platforms connect buyers, sellers and dealers while providing advertising, data and technology services. FY26 showed an increasingly international Earnings base, with growth across multiple regions.

FY26 Revenue and Profit Growth

For the year ended 30 June 2026, CAR Group reported revenue of A$1,253 million, up 6% on a reported basis and 12% on a constant-currency proforma basis. Reported EBITDA was A$667 million, up 8%, while proforma EBITDA was A$700 million and increased 12% in constant currency. Reported net profit after tax reached A$314 million, while adjusted net profit after tax was A$407 million.

Operating cash flow was equivalent to about 100% of reported EBITDA. The full-year Dividend was 86.0 cents per share, including a final dividend of 43.5 cents franked at 30%. Reported and adjusted profit measures should be read separately because they treat certain items differently.

International Marketplaces Add More Weight

Australia delivered 7% revenue growth and 8% adjusted EBITDA growth. The Business also launched Nexgate, a dealer platform incorporating artificial intelligence features. Outside Australia, North America recorded 12% revenue growth in constant currency, while Latin America produced 19% revenue growth and 23% adjusted EBITDA growth. Asia reported 15% revenue growth and 14% adjusted EBITDA growth.

In Asia, activity included inspection products, digital transaction services and dealer trade-in tools. The group also established an artificial intelligence hub in Brazil to support product and engineering development. The financial contribution from these initiatives was not separately quantified.

FY27 Guidance Points to Continued Expansion

Management guided to FY27 constant-currency revenue growth of 11% to 14%, adjusted EBITDA growth of 10% to 13% and adjusted net profit growth of 9% to 12%. Net finance costs are expected to be A$66 million to A$72 million, while Depreciation and Amortisation are expected to increase by 16% to 19%. The effective tax rate is expected to be around 20% to 21%.

Australia is expected to deliver high single-digit revenue growth, while North America, Latin America and Asia are each expected to record double-digit growth. Continued technology spending and higher depreciation and amortisation may keep profit growth below revenue growth.

Risks and Execution Priorities

CAR Group remains exposed to execution risk across international markets, currency movements and the cost of technology investment. Competitive pressure also remains relevant, while artificial intelligence may change how users search for vehicles and use online marketplaces.

Key areas to monitor are whether international growth remains broad-based, whether technology spending converts into higher engagement and monetisation, and whether the FY27 revenue and adjusted earnings ranges remain achievable as overseas businesses increase their share of the group.

Key Insights

CAR Group entered FY27 with a broader earnings base as FY26 growth extended across all major regions. Guidance points to further international expansion, with execution, technology investment and cash conversion remaining central to the outlook.