Latest Automotive Services News

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.

Tyro Payments delivered solid FY25 results with a 10.6% rise in EBITDA and accelerated growth initiatives, including expansion into new $40 billion addressable markets and a pilot banking platform.

AMA Group reported a robust FY25 with revenue surpassing $1 billion and a 38% jump in normalized EBITDA, underpinned by operational improvements and a strengthened balance sheet.

AMA Group Limited reported a robust FY25 with revenue climbing 8.6% to over $1 billion and a 38.4% jump in normalised EBITDA, while significantly reducing net debt following a major equity raise and debt refinancing.

CL8 Holdings has completed the sale of its Carly Car Subscription business to Carbar Holdings, retaining a stake in the merged entity and signaling a strategic pivot towards new growth opportunities.

AMA Group Limited reported a near doubling of its normalised EBITDA in 3Q25, successfully completed a key capital restructure, and upgraded its FY25 earnings guidance amid operational improvements and strategic acquisitions.

CL8 Holdings Limited reported strong subscriber growth and revenue gains in the March 2025 quarter, while preparing to sell its operating entities to streamline costs and improve cash flow.