Annual financial statement
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TEMPLE & WEBSTER Temple & Webster Group Ltd Appendix 4E ABN 69 608 595 660 Final report Financial year ended 30 June 2026 RESULTS FOR ANNOUNCEMENT TO THE MARKET For the year ended 30 June 2026 $ ' 000 2025 $ ' 000 Change Revenues from ordinary activities 664,586 600,719 10.6 % EBITDA 21,905 18,791 16.6 % Underlying EBITDA ( ex - FX ) 25,888 20,228 28.0 % Profit before tax for the year attributable to the owners of Temple & Webster Group Ltd 11,867 14,839 ( 20.0 % ) Profit from ordinary activities after tax attributable to the owners of Temple & Webster Group Ltd 4,304 11,302 ( 61.9 % ) Profit after tax for the year attributable to the owners of Temple & Webster Group Ltd 4,304 11,302 ( 61.9 % ) In FY26 , the Group achieved revenue of $ 664.6 million and a profit before tax of $ 11.9 million ( the Group recommends using profit before tax as opposed to profit after tax due to timing of how certain expenses are recognised for tax purposes ) . The reduction in profit before tax reflects increased investment in price and promotion to drive revenue growth against a challenging macroeconomic and consumer environment . This was partially offset by the successful implementation of a margin optimisation program through March 2026 , resulting in a material increase in run - rate unit economics and overall profitability in the last quarter of FY26 . FY26 EBITDA of $ 21.9 million , at the top of the guidance range communicated to the market in May 2026 represents a margin of 3.3 % and growth of 16.6 % vs last year . Underlying EBITDA ( ex - FX ) of $ 25.9 million represents a margin of 3.9 % and growth of 28.0 % vs last year . Underlying EBITDA ( ex - FX ) is presented to reflect the core trading performance of the Group . Adjustments captured within this measure include : one - off , non - recurring setup and dual - running expenses related to relocating to the new 10 - year Melbourne warehouse , early - stage market establishment costs for the New Zealand expansion , isolating initial growth investments from the underlying performance of the Australian core business , and unrealised foreign exchange differences , which are non - cash , volatile , and outside of management's control ( reconciliation of EBITDA to statutory profit before tax on the following page ) . Earnings before interest , tax , depreciation and amortisation ( ' EBITDA ' ) and Underlying EBITDA are non - IFRS measures . EBITDA is the primary reporting measure used by the Chief Operating Decision - Making bodies , being the Chief Executive Officer and the Board of Directors , for the purpose of assessing the performance of the Group .