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2 Cheap Cars posts steady $3.2m profit despite carbon cost pressures
6:30am on Friday 29th of May, 2026 AEST
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Automotive
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2 Cheap Cars posts steady $3.2m profit despite carbon cost pressures
6:30am on Friday 29th of May, 2026 AEST
Key Points
FY26 NPAT steady at $3.2 million despite Clean Car Standard costs
Vehicle sales dipped to 7,239 units, revenue stable at $81.7 million
Second-half margins improved with record 44% insurance penetration
Carbon credit costs trimmed $1.7 million from profits
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2 Cheap Cars (NZX:2CC)
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