Highlights

  • On 30 October 2026, Smartgroup Corporation Ltd (ASX:SIQ) was quoted at AUD 12.125, down 0.45% in the available market figures. The article covers its reported earnings, activities and Business outlook.
  • H1 2026 Revenue was AUD 179.5 million, up 13% YoY. EBITDA increased 16% YoY to AUD 73.8 million, while adjusted net profit after tax and Amortisation rose 11% YoY to AUD 42.4 million.
  • Active customers reached 518,000 at June 2026, an increase of 34,000 or 7%. Novated leases under management grew by 11,600 or 15% to 91,600.

Smartgroup Corporation Ltd (ASX:SIQ) provides salary packaging, novated vehicle leasing and fleet management services. On 30 October 2026, (ASX:SIQ) was quoted at AUD 12.125, a decline of 0.45% on the day. The review separates reported financial outcomes, operational developments and management guidance.

Financial Performance and Reporting Measures

Smartgroup Corporation Ltd (ASX:SIQ) reported the following financial position for the indicated period: H1 2026 revenue was AUD 179.5 million, up 13% YoY. EBITDA increased 16% YoY to AUD 73.8 million, while adjusted net profit after tax and amortisation rose 11% YoY to AUD 42.4 million. The comparative figures relate to the same reporting period in the preceding year, unless another reference date is specifically stated.

The EBITDA Margin was 41%, one percentage point higher than H1 2025. Return on Equity was reported at 31%, unchanged from the prior comparable period. These figures represent the measures identified by the company, and are not interchangeable with unrelated financial indicators. The distinction between cash, statutory earnings, and adjusted measures remains relevant where the report presents more than one basis of performance.

Operating Developments and Portfolio Activity

Operational activity at Smartgroup Corporation Ltd (ASX:SIQ) covered several areas of the business. Active customers reached 518,000 at June 2026, an increase of 34,000 or 7%. Novated leases under management grew by 11,600 or 15% to 91,600.

Fleet-managed vehicles reached 36,200, up 3,800 or 12%. Novated leasing settlements increased 17% YoY and battery-electric new-vehicle orders rose 162% YoY. The business activities described here are the individual developments identified for Smartgroup Corporation Ltd (ASX:SIQ); their status is reported as completed, planned or ongoing according to the disclosure.

Business Outlook and Capital Position

The company reported a 19% improvement in customers serviced per operations full-time equivalent. Its operations included a new mobile application and changes to distribution arrangements. Where the company presents management expectations, the stated periods and qualifications are preserved rather than treated as achieved operating results.

The Interim Dividend was 21.5 cents per share, up 10% YoY. The results distinguish customer count, Lease count, leasing settlements and managed vehicles as separate operating indicators. The combination of reported operating measures, financial results and company-stated plans documents the principal areas of activity at Smartgroup Corporation Ltd (ASX:SIQ) without attributing movements in the share price to any single development.

Key Insights

Smartgroup Corporation Ltd (ASX:SIQ) reported changes across its financial and Operating Activities during the periods covered. The key items include h1 2026 revenue was aud 179; active customers reached 518,000 at june 2026, an increase of 34,000 or 7%; and the company reported a 19% improvement in customers serviced per operations full-time equivalent. These are separate company measures: completed financial outcomes, operating activity and management expectations are identified on their respective bases. The figures should be read with their original dates and definitions, while the 29 October share-price reference records the market Quotation for that historical date.