CAR Group Reports 12% Profit Growth and Declares Higher Dividend

Robust Financial Performance Amid Global Challenges

CAR Group Limited has delivered another year of solid financial growth for the full year ended 30 June 2025. The company reported revenue from continuing operations of AUD 1.18 billion, marking an 8% increase over the prior year. Net profit after tax rose by 12% to AUD 293 million, while adjusted net profit attributable to members climbed 10% to AUD 377 million. These results underscore the resilience of CAR Group’s diversified global digital marketplace business, which spans Australia, South Korea, the United States, Brazil, and Chile.

The company’s strong operational execution was evident across all key markets. Australia’s online advertising services grew 8%, supported by robust dealer and private customer engagement. North America and Latin America segments posted double-digit revenue growth, driven by product innovation and market expansion. Asia, led by the South Korean Encar business, also contributed significantly to the top-line growth.

Strategic Innovation and AI Integration

CAR Group’s FY25 was marked by a strategic focus on innovation, particularly through the integration of artificial intelligence (AI) across its platforms. AI-powered tools enhanced consumer experiences with personalized vehicle recommendations and streamlined lead nurturing for dealers. The launch of new products such as the C2C payments platform in Australia, AI-driven lead nurturing in Brazil, and AI-enhanced advertising services in North America exemplify the company’s commitment to leveraging technology to deepen marketplace engagement.

These initiatives not only improved operational efficiency but also positioned CAR Group to capitalize on emerging digital trends in vehicle marketplaces. The company’s Elevate 2028 strategy, unveiled during the year, aims to build on these technological advancements to sustain long-term growth.

Sustainability and ESG Leadership

In line with global expectations, CAR Group maintained carbon neutrality across its operations in FY25 and earned an AAA ESG rating from MSCI. The company’s sustainability efforts focus on decarbonisation, responsible data governance, and fostering an inclusive workplace culture. With a growing global team of over 2,500 employees, CAR Group achieved record employee engagement scores and Great Place to Work® certifications across its key markets.

CAR Group’s climate disclosures reveal a comprehensive approach to managing environmental impact, including detailed emissions tracking and targeted decarbonisation initiatives. The company’s governance framework integrates climate risk oversight at the Board and management levels, reflecting a commitment to sustainable business practices.

Leadership Transition and Outlook

FY25 also marked a significant leadership transition. Cameron McIntyre, who has served as Managing Director and CEO for nine years and contributed 18 years to the company, announced his planned departure effective 15 August 2025. William Elliott, the current Chief Financial Officer, will succeed him as CEO. Both leaders expressed confidence in the company’s strong position and future prospects.

Looking ahead to FY26, CAR Group expects continued momentum with guidance for proforma revenue growth of 12-14% and adjusted net profit after tax growth of 9-13% on a constant currency basis. The company plans to sustain investment in innovation, expand monetisation levers, and maintain operational excellence across its global marketplaces.

Risks remain, including cybersecurity threats, regulatory compliance challenges, and macroeconomic uncertainties, but CAR Group’s diversified portfolio and strategic agility provide a solid foundation to navigate these headwinds.