AMA Group (ASX:AMA) released its financial results for the half-year ended Dec. 31, 2025, reporting a normalised pre-AASB 16 EBITDA of $30.5 million.
The figure represents a 21.9% increase compared to the $25 million recorded in the prior corresponding period.
The group's revenue for the half-year rose to $524.1 million, up from $494.6 million in H1 FY26, while operating cash inflow saw a 16.2% improvement, reaching $12.2 million.
Managing Director Ray Smith-Roberts attributed the performance to three primary factors: the steady output of the Capital SMART network, significant financial recovery within AMA Collision, and a positive EBITDA contribution from ACM Parts.
Within the operational segments, Capital SMART delivered $24
million in EBITDA.
Although repair volumes saw a moderate reduction in Victoria, this was offset by a shift toward higher-severity and more complex repairs.
The segment also navigated the absence of a prior-year volume incentive from Suncorp, which impacted margins as anticipated.
AMA Collision reported an $8.1 million turnaround, posting an EBITDA of $6.1 million.
The group is currently undergoing network optimisation for this division, which included opening a new site in Bundaberg while closing one underperforming site, with three additional closures planned for the second half of the year.
The Wales segment contributed $3.8 million, though its performance was hampered by a high rate of insurance write-offs and less severe repair requirements.