Latest Automotive Services News

Connexion Mobility Ltd reported a 10% revenue increase to US$12.3 million for FY26, driven by its software platform expansion and the acquisition of Hallam Road Automotive. Profit after tax dipped slightly by 1%, while the company continued aggressive share buybacks to enhance shareholder value.

Connexion Mobility Ltd delivered a standout Q4 FY26 with 12% revenue growth to $3.4 million and an 83% jump in net profit before tax, fuelled by software subscription gains, GM Canada’s Enhanced Exposure Program, and the strategic acquisition of Hallam Road Automotive.

Super Retail Group is gearing up to expand its store network and accelerate digital transformation through its new five-year strategy and Ignite program, aiming to capture a larger share of a $65 billion market opportunity.

Connexion Mobility Ltd has agreed to acquire Hallam Road Automotive in a A$5 million deal expected to immediately lift earnings per share by up to 35% and reduce exposure to foreign exchange fluctuations.

AMA Group has initiated an on-market share buy-back program for up to 47.8 million shares, signalling confidence in its financial position and growth strategy without needing shareholder approval.

AMA Group reported a steady third quarter with operational improvements across multiple segments and reiterated its full-year EBITDA guidance despite geopolitical uncertainties.

AMA Group Limited reported a robust 21.9% rise in pre-AASB 16 Normalised EBITDA to $30.5 million for the first half of FY26, driven by revenue growth and operational improvements across key segments. The company is targeting a 10% EBITDA margin in its core vehicle collision repair business within the next 3-4 years.

AMA Group Limited secured strong shareholder approval across all resolutions at its 2025 Annual General Meeting, including capital consolidation and executive incentives.

AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.

AMA Group Limited reported a strong 36.3% rise in pre-AASB 16 EBITDA to $20.1 million for the first quarter of FY26, maintaining its full-year guidance amid ongoing volume challenges and operational delays.

AMA Group Limited plans a 1-for-10 consolidation of its shares and performance rights to simplify its capital structure and reduce share price volatility, pending shareholder approval at the November 2025 AGM.

Tyro Payments Limited reported FY25 results with strong top-line growth and margin expansion, setting a confident outlook for FY26 backed by AI-driven efficiency and an expanded market.