Stealth Group (ASX:SGI) reported a record-breaking financial performance for the half-year ended Dec. 31, 2025, signalling a major milestone in its strategic transformation following the acquisition of Hardware & Building Traders.
The company achieved gross sales of $82.2 million, an 11.8% increase over the prior corresponding period, while statutory revenue rose to $72 million.
The group's profitability showed significant momentum, with EBITDA climbing 18.8% to $5.3 million and net profit after tax growing by 51.4% to $1.6 million on a like-for-like basis.
The figures underscore a robust three-year compound annual growth rate, with EBITDA and NPAT growing at 30.2% and 75.0%, respectively.
Stealth’s balance sheet has strengthened considerably, supported by a $19.5 million capital raise.
Net assets reached $49.5 million, a 130.4% increase, while cash on hand jumped to $32.5 million.
The company also reduced its net gearing to 12.8%, down from 18.3%, and lowered its net debt to $7.3 million.
Group Managing Director & CEO Michael Arnold noted that the results mark a "pivotal inflection point" as the company accelerates toward its FY28 target of $500 million+ in sales.
At the time of reporting, Stealth Group's share price was $1.22.