Motio Limited has reported its first-ever net profit alongside a 39% surge in cash EBITDA, underpinned by strategic cost discipline and a strengthened balance sheet. The company is now poised to accelerate network growth, particularly in the health sector.
- 39% increase in H1 FY26 cash EBITDA to $1.21 million
- Maiden net profit after tax of $793,231 reversing prior losses
- 2.9% revenue growth excluding discontinued Motio Go segment
- Capital raise completed, enabling full repayment of vendor finance debt
- Plans to expand network by 175 health sector locations by June 2026
A Turning Point for Motio
Motio Limited (ASX:MXO) has marked a significant milestone in its corporate journey by delivering its maiden net profit after tax (NPAT) of $793,231 for the first half of the 2026 financial year. This achievement follows a disciplined focus on profitability and operational leverage, resulting in a 39% increase in cash EBITDA to $1.21 million compared to the prior corresponding period.
While reported revenue dipped due to the strategic discontinuation of the Petro Convenience network sales representation (formerly Motio Go), the company highlights a 2.9% revenue growth when excluding this segment. This nuanced performance underscores Motio’s commitment to sustainable earnings quality rather than short-term top-line gains.
Strengthening the Balance Sheet and Leadership
November’s capital raise was a pivotal event, enabling Motio to fully repay its vendor finance debt to oOh! Media. This move has not only simplified the company’s capital structure but also bolstered its net cash position to $4 million as of December 31, 2025. Such financial flexibility is critical as Motio prepares to accelerate its expansion plans.
Complementing the financial strengthening, Motio has invested in senior leadership to support scalability and execution. The appointments of Justin Kingston as Chief Operating Officer and Christian Tyson as National Sales Director bring seasoned expertise from major industry players, positioning the company for the next growth phase.
Growth Ambitions in a Mixed Market
Despite mixed market conditions, Motio remains optimistic about the remainder of FY26. The company plans to roll out an additional 175 locations in the health sector by June 30, 2026, signaling a targeted approach to network expansion. The Board is also exploring new complementary networks, which could diversify revenue streams and enhance market presence.
Motio’s focus on margin discipline, cash flow generation, and selling owned media has translated into improved profitability and a solid foundation for sustainable growth. The company’s strategic decisions in prior periods are now bearing fruit, reflecting a business model that balances growth with shareholder returns.
As Motio continues to build momentum, investors will be watching closely to see how effectively the company executes its expansion plans and maintains profitability in a competitive environment.
Bottom Line?
Motio’s maiden profit and strengthened balance sheet set the stage for ambitious network growth, but execution will be key to sustaining momentum.
Questions in the middle?
- How will Motio’s new leadership team influence operational scalability and market penetration?
- What impact will the health sector expansion have on overall revenue and profitability?
- Can Motio sustain its margin discipline amid planned network growth and mixed market conditions?