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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 1 FY2026 Full Year Results Investor Presentation MotorCycle Holdings Limited (ASX:MTO) | August 2026
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 2 Disclaimer This presentation contains certain ‘forward-looking statements’ within the meaning of the securities laws of applicable jurisdictions. Forward-looking statements can generally be identified by the use of forward-looking words such as ‘may, ’ ‘should, ’‘expect, ’ ‘anticipate, ’ ‘estimate, ’ ‘scheduled, ’ or ‘continue, ’ or the negative version of them or comparable terminology. Any forecasts or other forward-looking statements contained in this presentation are subject to known and unknown risks and uncertainties and may involve significant elements of subjective judgment and assumptions as to future events which may or may not be correct. There are usually differences between forecast and actual results because events and actual circumstances frequently do not occur as forecast and these differences may be material. MotorCycle Holdings Limited (the ‘Company’ or ‘MCH’) does not give any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this presentation will actually occur and you are cautioned not to place undue reliance on forward-looking statements. Neither the Company nor any of its Directors or any other party associated with the preparation of this presentation guarantee that any specific objective of the Company will be achieved or that any particular performance of the Company or of its shares will be achieved. The information in this presentation does not take into account the objectives, financial situation or particular needs of any person. Nothing contained in this presentation constitutes investment, legal, taxation or other advice. This presentation includes non-IFRS financial information which the Company considers may be useful for users of this presentation as these measures reflect the underlying performance of the business. Non-IFRS financial information has not been subject to audit or review in accordance with Australian Auditing Standards.
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 3 We are building the largest wholesale and retail multi-vehicle, multi-category platform in Australasia
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 4 Diversified business Retail (New & used), parts, service, finance & Wholesale distribution (Vehicles & accessories) Robust turnover Revenue on a growth trend #1 in new vehicle market 19.6% of the new sales market, representing all leading brands #1 used vehicle retailer ~12,000 units sold Balance sheet Strong capital base for growth Harley Davidson 50% market share in FY2026. Increases in gross profit and profit before tax year-on-year Large footprint 59 locations across Australia & New Zealand CFMOTO Exclusive distributor of market- leading (ORV) CFMOTO brand in Australia We are the Market Leader in Our Category Note: Sales data for new motorcycles and off-highway vehicles (OHV) as reported by the Federal Chamber of Automotive Industries (FCAI).
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 5 FY2026 Financial Results Summary
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 6 Strong Outperformance in Key Metrics $650.0m $788.7m FY2025 FY2026 Sales Revenue $51.0m $65.1m FY2025 FY2026 Underlying EBITDA $18.0m $25.7m FY2025 FY2026 Underlying Net Profit After Tax +21.3% +42.5% +27.6% Profit uplift driven by revenue growth, PSHH contribution, improved performance of vehicle distribution business, and improved retail Harley-Davidson performance Revenue growth delivered organically in addition to the contribution of Peter Stevens / Harley-Heaven (PSHH) EBITDA growth of 28% aided by increase in gross margin from 25.1% to 26.8%
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 7 Strong Outperformance in Key Metrics $148.7m $133.1m $30.7m FY2025 FY2026 Inventory $163.8m Deleveraging achieved in addition to the acquisition of PSHH from funds on hand, and increased dividend Reduction in inventory (outside of PSHH addition) highlights improved operational efficiency and disciplined capital management Dividend of 16.5 cents per share fully franked reflecting stronger earnings and liquidity PSHH ($9.0m) $13.0m FY2025 FY2026 Net Debt / Net Cash 13.0 cents 16.5 cents FY2025 FY2026 Dividends 24.4 cents 34.8 cents FY2025 FY2026 Underlying Earnings Per Share Underlying Earnings Per Share of 34.8 cents increased in line with NPAT uplift
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 8 234.6 276.3 293.4 328.0 396.4 222.7 301.1 288.9 322.0 392.3 FY2022 FY2023 FY2024 FY2025 FY2026 Sales Revenue ($m) H1 H2 Track Record of Consistent Revenue Growth 457.3 577.4 582.3 650.0 CAGR: 14.6% eCommerce sales growth of 44% through increased engagement of the MCAS platform and addition of PSHH Motorcycles & accessories wholesale growth of 16.9% bolstered by strong growth from Mojo Motorcycles Retail growth of 23.2% including the acquisitive impact of Peter Stevens / Harley-Heaven 788.7
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 9 FY2026 Financial Statements
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 10 Consolidated Profit and Loss ($ millions) 2026 Statutory Adjustments 2026 Underlying 2025 Gross Change % Sales revenue 788.7 - 788.7 650.0 21.3% Cost of sales (577.5) - (577.5) (487.1) Gross Profit 211.2 - 211.2 162.9 29.7% % margin 26.8% - 26.8% 25.1% Other income 0.8 - 0.8 1.3 Operating costs (149.1) 2.2 (146.9) (113.2) EBITDA 62.9 2.2 65.1 51.0 27.6% % margin 8.0% 8.3% 7.8% Depreciation and amortisation (22.7) - (22.7) (20.0) EBIT 40.2 2.2 42.4 31.0 36.8% Net finance costs excluding bailment (5.9) - (5.9) (5.3) Net Profit Before Tax 34.3 2.2 36.5 25.7 42.1% % margin 4.4% 4.6% 4.0% Income tax expense (10.2) (0.6) (10.8) (7.7) Net Profit After Tax 24.1 1.6 25.7 18.0 42.5% % margin 3.1% 3.3% 2.8% • Adjustments to statutory earnings are acquisition costs related to “Peter Stevens / Harley-Heaven” ($1.4m) as well as the current year impact of the stamp duty underpayment ($150k) and payroll remediation ($650k) issues referred to below. • Increase in revenue attributable to acquisitive growth from PSHH of 16.3% and organic growth of 5.1%. • Improvement in gross margin assisted by favourable currency movements and improvement in vehicle distribution margins. • Operating cost increase due to PSHH as well as further investment in Corporate services (HR, Finance and IT). • Increase in Depreciation attributable to additional RoU assets for PSHH properties. • Finance costs steady with reduced external interest costs offset by higher notional interest charges related to RoU assets. On 13 November 2025, the Company announced it had identified an underpayment of vehicle registration duty in relation to optional equipment sold with vehicles by MCH. An amount of $5m has been provided for on the balance sheet ($3.5m in duty and $1.5m in related interest. Under accounting standards as the majority of the amount relates to transactions prior to the current financial period, $4.85m of the provision has been recognised at 1 July 2024. With an accompanying recognition of a deferred tax asset of $1.45m, the net position of $3.4m has been reflected in opening retained earnings at that date. On 17 July 2026, the Company announced that it had identified certain issues relating to the application of the Modern Awards that apply to the Company’s employees. The most substantive finding to date has been the underpayment of leave loading for employees receiving over-Award payments. The total amount provided for related to this matter as at 30 June 2026 is $2.95m. Under accounting standards as the majority of the amount relates to transactions prior to the current financial period, $2.3m of the provision has been recognised at 1 July 2024. With an accompanying recognition of a deferred tax asset of $0.7m, the net position of $1.6m has been reflected in opening retained earnings at that date.
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 11 Consolidated Statement of Financial Position • Increased balances reflect the acquisition of certain net assets of Peter Stevens / Harley Heaven in July 2025. • Cash and receivables reflect strong final quarter sales. • Inventories are lower (ex PSHH) from operational efficiency strategy to accelerate stock turnover. • Provisions inclusive of Stamp Duty ($5.0m) and Payroll remediation ($2.95m). • Borrowings are $10 million lower due to strategic debt reduction. ($ millions) FY2026 FY2025 Restated Current Assets Cash and cash equivalents 43.0 31.0 Trade and other receivables 19.0 12.9 Inventories 163.8 148.7 Prepayments and other deposits 10.0 7.0 Other 1.5 - Total Current Assets 237.3 199.6 Non-current Assets Investments 5.0 4.4 Property, plant and equipment 16.1 14.3 Right-of-use assets 64.9 46.8 Intangibles 137.5 141.7 Deferred tax asset and other 4.2 3.0 Total Non-current Assets 227.7 210.3 Total Assets 465.0 409.9 Current Liabilities Trade and other payables 64.7 48.5 Contract liabilities 3.4 3.3 Bailment finance 53.9 40.8 Lease liabilities 17.5 15.9 Employee benefits 13.7 11.4 Provisions 5.9 5.5 Current tax payable 2.1 1.5 Other 0.2 0.6 Total Current Liabilities 161.4 127.5 Non-Current Liabilities Contract liabilities 5.0 4.9 Borrowings 30.0 40.0 Lease Liabilities 52.5 35.2 Employee benefits 0.7 0.7 Total Non-current Liabilities 88.2 80.8 Total Liabilities 249.6 208.3 Net Assets 215.4 201.6
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 12 FY2026 Operational Performance
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 13 Peter Stevens and Harley-Heaven dealerships integrated well, further increasing the Group's retail scale Record new and used retail vehicle sales, delivering a record 19.6% new vehicle market share (ex CFMOTO) Record MCAS eCommerce revenue, reflecting continued growth in digital engagement across the retail network Operational efficiency improvements Revenue per employee (+6% to $769k pa); Gross margin per employee (+13.2% to $206k pa) Operational Summary Strong performance in the vehicle distribution segment, with wholesale units up 15% to a record 20,127 across AU and NZ Wholesale segment gross profit margin increased from 25% in FY25 to 29% in FY26, driving a 34% increase in wholesale PBT Further increases to CFMOTO's market share across the Off-Road Vehicle and Motorcycles segments in both AU and NZ Leading market position with Harley- Davidson, now spanning 12 dealerships and a 50% market share in H2 FY26
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 14 12.0% 14.3% 15.5% 16.6% FY2022 FY2023 FY2024 FY2025 FY2026 MCH Market Share 7,699 7,097 7,652 8,152 9,966 6,340 6,654 6,839 7,485 8,909 FY2022 FY2023 FY2024 FY2025 FY2026 New Vehicle Unit Sales H1 H2 Record Market Share and New Vehicle Unit Sales Growth 14,039 13,751 14,491 15,637 Record unit sales growth of 20.7% MCH now 19.6% of the new sales market 1. Peter Stevens / Harley-Heaven since 31 July Note: Sales data for new motorcycles and off-highway vehicles (OHV) as reported by the Federal Chamber of Automotive Industries (FCAI). 19.6% 18,8751
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 15 Record unit sales for the year up 15.4% Improved stock turn on used vehicles from 6.5 to 6.9 times Improvement in gross margin on used vehicle sales from 14.3% to 14.6% Record Used Vehicle Unit Sales 5,360 5,480 5,039 5,533 6,224 5,014 4,544 5,074 5,032 5,968 FY2022 FY2023 FY2024 FY2025 FY2026 Used Vehicle Unit Sales H1 H2 10,374 10,024 10,113 10,565 12,1921 1. Peter Stevens / Harley-Heaven since 31 July
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 16 Diversified Contribution by Division $206.2 $257.0 $128.2 $155.4 $85.4 $107.5 $148.0 $173.3 $52.1 $55.4 $354.2 $430.3 $128.2 $155.4 $137.6 $162.9 FY2025 FY2026 FY2025 FY2026 FY2025 FY2026 New Vehicles Used Vehicles Parts & Accessories Revenue ($m) Retail Wholesale $19.2 $25.9 $18.3 $22.7 $28.7 $37.8 $33.3 $48.1 $27.0 $29.7 $52.4 $74.0 $18.3 $22.7 $55.7 $67.5 FY2025 FY2026 FY2025 FY2026 FY2025 FY2026 New Vehicles Used Vehicles Parts & Accessories Gross Profit ($m) Retail Wholesale +21.5% +21.2% +18.4% +41.1% +24.3% +21.1%
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 17 FY2027 Outlook
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 18 FY2027 Considerations • Cautious near-term outlook on discretionary spending and consumer demand amid ongoing interest rate and macroeconomic pressures • Continued growth expected across our AU/NZ vehicle distribution business, underpinned by a very strong foundation, and the introduction of GOES, a new ATV brand wholly owned by CFMOTO • Peter Stevens and Harley-Heaven now stabilised post-acquisition, with plans to grow both brands • Following the MCAS reset in FY2026, further growth expected this year, supported by three new store openings and aggressive eCommerce targets • Continued execution of retail consolidation, including optimisation of retail locations, to drive a stronger operating margin in the segment • Ongoing investment in business transformation, including people, systems and property network optimisation, to deliver a more efficient and scalable operating model The new GOES ATV by CFMOTO
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 19 We have 59 retail and wholesale operations in ANZ (+4 on FY2025) A Growing Footprint for our House of Brands Wholesale and distribution Retail brand network
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 20 MCH Transformation Objectives Omni-channel Experience A connected customer journey across showroom, service, digital and partner channels — one MCH wherever the customer chooses to engage. Data Foundations Trusted, accessible data enabled by platforms that power decisions, customer engagement and AI use cases across brands. Amazing People Support our people with strong leadership, capability uplift through training and building a performance culture to drive growth across motorcycling and adjacent categories. Property Reform Disciplined property strategy that maximises return per square metre across distribution and dealership network, formats and locations. 01 02 03 04 MCH is easy to do business with Real-time insights for timely decision making High-performing teams delivering exceptional results, consistently Operationally efficient sites that improve physical experience A customer-first approach One Company. One Platform. Four Pillars
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 21 Thank You
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MotorCycle Holdings Limited (ASX:MTO) | FY2026 Full Year Results Investor Presentation | August 2026 | 22 Experienced Leadership Team Matthew Wiesner Chief Executive Officer Michael Poynton Chief Operating Officer John Wadley Chief Financial Officer Executive team with deep domain experience ready for the next phase of growth and company transformation