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MOVE Logistics Nears Profitability with Strong 1H26 Turnaround Progress

7:40am on Friday 27th of February, 2026 AEDT Transportation
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MOVE Logistics Nears Profitability with Strong 1H26 Turnaround Progress

7:40am on Friday 27th of February, 2026 AEDT
Key Points
  • Revenue declined 5% to $143.7 million amid weak market demand
  • Normalised earnings before tax improved 98% year-on-year to near breakeven
  • Net loss after tax narrowed by $8 million to $0.9 million
  • Net debt reduced by $6.2 million to $12.8 million
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