Highlights

  • Q1FY26 Cash EBITDA exceeded AUD 700,000, reflecting over 20% growth year-on-year.
  • Justin Kingston appointed Chief Operating Officer following a national executive search.
  • Company reiterates that its business model remains cyclical despite margin improvements.

Motio Limited (ASX:MXO), a digital place-based media company, announced that its unaudited Cash EBITDA for the first quarter of FY26 exceeded AUD 700,000. This result was higher than the company’s earlier projection of AUD 600,000 provided at its 2025 Annual General Meeting.

The quarterly EBITDA outcome represents growth of more than 20% compared with Q1FY25. The increase was driven primarily by higher margins and additional cost savings achieved across the company’s operations.

The Board noted satisfaction with the Q1FY26 performance but cautioned that Motio’s business model is cyclical and results should not be annualised. The company stated it remains focused on operational discipline and long-term growth initiatives across its media network portfolio.

Leadership Appointment: New Chief Operating Officer

Motio also announced the appointment of Justin Kingston as Chief Operating Officer. Based at Motio’s North Sydney headquarters, Kingston will oversee the company’s commercial and operational growth as part of its expansion strategy.

The appointment followed an extensive national search aimed at strengthening Motio’s executive leadership. Kingston brings substantial experience in Australia’s Out-of-Home (OOH) and Place-Based media sectors, with a track record of operational and commercial leadership.

Professional Background of Justin Kingston

Kingston joins Motio after spending eight years with oOh!media, where he most recently served as Group Director – Retail. In that role, he led commercial programs and operational performance across one of Australia’s most complex media environments, including leadership of Reo.

Prior to his time at oOh!media, Kingston served as Chief Operating Officer at Executive Channel, where he helped build one of the country’s early office and place-based media networks prior to its acquisition by oOh!media in 2017.

Management Commentary

Motio CEO Adam Cadwallader said,
“Justin is a genuine force in Place-Based media. We’ve worked together, and we’ve competed against each other, and I couldn’t be more thrilled to now be on the same team again. His capability, discipline and commercial firepower come at exactly the right moment as Motio moves into its next phase of growth and investment.”

Kingston added,
“Motio has momentum, ambition and a standout team. Adam and I bring complementary strengths, a shared vision and a real passion for this sector. I’m energised to help accelerate what’s already an exciting trajectory.”

Share Performance

The company is currently trading at AUD 0.054 per share, up by 7.999% from its previous close of AUD 0.050 per share.