Annuncio • Jul 23
MaxiPARTS Limited to Report Fiscal Year 2026 Results on Aug 20, 2026 MaxiPARTS Limited announced that they will report fiscal year 2026 results on Aug 20, 2026 Annuncio • Feb 10
MaxiPARTS Limited to Report First Half, 2026 Results on Feb 19, 2026 MaxiPARTS Limited announced that they will report first half, 2026 results on Feb 19, 2026 Annuncio • Oct 17
MaxiPARTS Limited, Annual General Meeting, Nov 20, 2025 MaxiPARTS Limited, Annual General Meeting, Nov 20, 2025. Location: maxiparts limited, maxus room, 22 efficient drive, truganina victoria 3029, Australia Declared Dividend • Aug 23
Final dividend increased to AU$0.031 Dividend of AU$0.031 is 21% higher than last year. Ex-date: 27th August 2025 Payment date: 18th September 2025 Dividend yield will be 2.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (3% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: AU$0.15 (vs AU$0.11 in FY 2024) Full year 2025 results: EPS: AU$0.15 (up from AU$0.11 in FY 2024). Revenue: AU$267.1m (up 9.5% from FY 2024). Net income: AU$8.54m (up 53% from FY 2024). Profit margin: 3.2% (up from 2.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 13% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Annuncio • Feb 12
MaxiPARTS Limited to Report First Half, 2025 Results on Feb 20, 2025 MaxiPARTS Limited announced that they will report first half, 2025 results on Feb 20, 2025 Annuncio • Oct 18
MaxiPARTS Limited, Annual General Meeting, Nov 21, 2024 MaxiPARTS Limited, Annual General Meeting, Nov 21, 2024. Location: batmans hill on collins, william wills room, 623 collins street, melbourne victoria 3000 Australia Recent Insider Transactions • Sep 03
MD, CEO & Director recently bought AU$207k worth of stock On the 2nd of September, Peter Loimaranta bought around 112k shares on-market at roughly AU$1.84 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Reported Earnings • Aug 26
Full year 2024 earnings released: EPS: AU$0.11 (vs AU$0.15 in FY 2023) Full year 2024 results: EPS: AU$0.11 (down from AU$0.15 in FY 2023). Revenue: AU$243.9m (up 21% from FY 2023). Net income: AU$5.60m (down 24% from FY 2023). Profit margin: 2.3% (down from 3.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, while revenues in the Machinery industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Declared Dividend • Aug 24
First half dividend reduced to AU$0.026 Dividend of AU$0.026 is 20% lower than last year. Ex-date: 28th August 2024 Payment date: 19th September 2024 Dividend yield will be 2.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Aug 22
MaxiPARTS Limited Announces Ordinary Dividend for the Twelve Months Period Ended June 30, 2024, Payable on September 19, 2024 MaxiPARTS Limited announced ordinary dividend of AUD 0.02570000 for the twelve months period ended June 30, 2024. Ex Date is August 28, 2024. Record Date is August 29, 2024. Payment date is September 19, 2024. Annuncio • Aug 13
MaxiPARTS Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 MaxiPARTS Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 Board Change • Aug 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Mary Verschuer is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Mar 26
Independent Chairman of the Board recently bought AU$61k worth of stock On the 20th of March, Mary Verschuer bought around 26k shares on-market at roughly AU$2.38 per share. This transaction amounted to 82% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Mary's only on-market trade for the last 12 months. Reported Earnings • Feb 26
First half 2024 earnings released: EPS: AU$0.056 (vs AU$0.078 in 1H 2023) First half 2024 results: EPS: AU$0.056 (down from AU$0.078 in 1H 2023). Revenue: AU$111.7m (up 13% from 1H 2023). Net income: AU$2.78m (down 25% from 1H 2023). Profit margin: 2.5% (down from 3.7% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 58% growth forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Declared Dividend • Feb 24
First half dividend of AU$0.026 announced Shareholders will receive a dividend of AU$0.026. Ex-date: 28th February 2024 Payment date: 26th March 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Feb 16
MaxiPARTS Limited to Report First Half, 2024 Results on Feb 22, 2024 MaxiPARTS Limited announced that they will report first half, 2024 results on Feb 22, 2024 New Risk • Nov 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$139.8m market cap, or US$91.8m). Annuncio • Nov 16
MaxiPARTS Limited has filed a Follow-on Equity Offering in the amount of AUD 17.227181 million. MaxiPARTS Limited has filed a Follow-on Equity Offering in the amount of AUD 17.227181 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,002,919
Price\Range: AUD 2.46
Discount Per Security: AUD 0.024
Transaction Features: Subsequent Direct Listing Annuncio • Nov 15
MaxiPARTS Limited has completed a Follow-on Equity Offering in the amount of AUD 17.227181 million. MaxiPARTS Limited has completed a Follow-on Equity Offering in the amount of AUD 17.227181 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,002,919
Price\Range: AUD 2.46
Discount Per Security: AUD 0.024
Transaction Features: Subsequent Direct Listing Annuncio • Oct 20
MaxiPARTS Limited, Annual General Meeting, Nov 23, 2023 MaxiPARTS Limited, Annual General Meeting, Nov 23, 2023, at 11:01 AUS Eastern Standard Time. Location: Batman's Hill on Collins "William Wills" room 623 Collins Street,Melbourne Victoria 3000 Victoria Australia Agenda: To receive and consider the financial report, the directors' report and the auditors' report for the Company and its controlled entities for the year ended 30 June 2023; to consider Adoption of the Remuneration Report; to consider Re-election of Director Frank Micallef; to consider Grant of Performance Rights to the Managing Director and CEO; and to consider other issues. Board Change • Sep 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Mary Verschuer is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 25
Full year 2023 earnings released: EPS: AU$0.15 (vs AU$0.12 in FY 2022) Full year 2023 results: EPS: AU$0.15 (up from AU$0.12 in FY 2022). Revenue: AU$201.7m (up 32% from FY 2022). Net income: AU$7.33m (up 49% from FY 2022). Profit margin: 3.6% (up from 3.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 33% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 24
MaxiPARTS Limited Proposes Fully Franked Final Dividend, Payable on 15 September 2023 MaxiPARTS Limited proposed fully franked final dividend of 3.22 cents per share by the directors after reporting date for payment on 15 September 2023. Annuncio • Aug 18
MaxiPARTS Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 MaxiPARTS Limited announced that they will report fiscal year 2023 results on Aug 24, 2023 Annuncio • Jun 01
MaxiPARTS Limited (ASX:MXI) completed the acquisition of 80% stake in Forch Australia Pty Ltd. MaxiPARTS Limited (ASX:MXI) entered into a Share Purchase Agreement to acquire 80% stake in Forch Australia Pty Ltd for AUD 9.7 million on May 2, 2023. The acquisition price of AUD 9.7 million for an 80% ownership stake is based on a 7x multiple for an average annual EBITDA based on the last 3 years, plus 80% net asset value of the Förch Melbourne dealership. Acquisition price values Förch Australia business at 4.8x multiple based on H1 FY23 EBITDA. The acquisition price includes approximately AUD 2.8 million of inventory. Put and call option linked to the acquisition of the remaining 20% of shares in 2 to 5 years. The acquisition is on a debt free basis and is to be funded through existing cash and an increase to MaxiPARTS Group debt facilities. The revised facility, when executed, will provide MaxiPARTS with a AUD 20 million loan facility with a maturity date of May 31, 2026. The loan is interest only for year 1, then amortising by AUD 0.5 million per quarter thereafter. In addition to the increase in debt facilities, MaxiPARTS has also maintained sufficient excess cash within the business to support the MaxiPARTS and Förch Australia working capital requirements. All employees of Förch Australia will remain with the business post completion, including the two current executive Directors Terry Childs and Peter Burgess of Förch Australia who will be responsible for the day to day operating of the Förch Australia business, reporting to the MaxiPARTS Managing Director and Chief executive officer. Completion expected at end of May 2023.
MaxiPARTS Limited (ASX:MXI) completed the acquisition of 80% stake in Forch Australia Pty Ltd on May 31, 2023. All conditions have now been satisfied or waived. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$2.22, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Machinery industry in Australia. Total returns to shareholders of 270% over the past three years. Reported Earnings • Feb 25
First half 2023 earnings released: EPS: AU$0.078 (vs AU$0.075 in 1H 2022) First half 2023 results: EPS: AU$0.078 (up from AU$0.075 in 1H 2022). Revenue: AU$99.1m (up 46% from 1H 2022). Net income: AU$3.69m (up 33% from 1H 2022). Profit margin: 3.7% (down from 4.1% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 17
MaxiPARTS Limited to Report First Half, 2023 Results on Feb 24, 2023 MaxiPARTS Limited announced that they will report first half, 2023 results on Feb 24, 2023 Buying Opportunity • Dec 22
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be AU$2.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 96% in the next 2 years. Upcoming Dividend • Aug 23
Upcoming dividend of AU$0.025 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 19 September 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Australian dividend payers (6.4%). Lower than average of industry peers (3.1%). Reported Earnings • Aug 19
Full year 2022 earnings released: EPS: AU$0.12 (vs AU$0.15 in FY 2021) Full year 2022 results: EPS: AU$0.12 (down from AU$0.15 in FY 2021). Revenue: AU$152.8m (up 33% from FY 2021). Net income: AU$4.91m (down 14% from FY 2021). Profit margin: 3.2% (down from 5.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 27%, compared to a 183% growth forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 11
Independent Non-Executive Director recently bought AU$103k worth of stock On the 3rd of June, Gino Butera bought around 50k shares on-market at roughly AU$2.06 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$293k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to AU$2.05, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Machinery industry globally. Total returns to shareholders of 58% over the past three years. Buying Opportunity • Mar 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be AU$3.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 52% per annum over the last 3 years. Earnings per share has grown by 63% per annum over the last 3 years. Reported Earnings • Feb 28
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down AU$5.70m from profit in 1H 2021). Profit margin: (down from 3.1% in 1H 2021). Over the next year, revenue is forecast to grow 15%, compared to a 66% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to AU$3.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Machinery industry globally. Total returns to shareholders of 37% over the past three years. Board Change • Dec 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Rob Wylie is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Rob Wylie is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Sep 11
MD & CEO Dean Jenkins has left the company On the 3rd of September, Dean Jenkins' tenure as MD & CEO of the company ended after 4.5 years in the role. We don't have any record of a personal shareholding under Dean's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years. Under Dean's leadership, the company delivered a total shareholder return of 16%. Recent Insider Transactions • Sep 02
MD, CEO & Executive Director recently bought AU$100k worth of stock On the 25th of August, Dean Jenkins bought around 140k shares on-market at roughly AU$0.72 per share. This was the largest purchase by an insider in the last 3 months. This was Dean's only on-market trade for the last 12 months. Recent Insider Transactions • Aug 28
MD, CEO & Executive Director recently bought AU$100k worth of stock On the 25th of August, Dean Jenkins bought around 140k shares on-market at roughly AU$0.72 per share. This was the largest purchase by an insider in the last 3 months. This was Dean's only on-market trade for the last 12 months. Reported Earnings • Aug 20
Full year 2021 earnings released: EPS AU$0.031 (vs AU$0.19 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$114.6m (down 64% from FY 2020). Net income: AU$5.69m (up AU$41.2m from FY 2020). Profit margin: 5.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Executive Departure • Mar 19
Independent Non-Executive Director has left the company On the 19th of March, Samantha Hogg's tenure as Independent Non-Executive Director ended after 4.9 years in the role. We don't have any record of a personal shareholding under Samantha's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Feb 20
First half 2021 earnings released: EPS AU$0.031 (vs AU$0.078 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$184.6m (up 13% from 1H 2020). Net income: AU$5.70m (up AU$20.1m from 1H 2020). Profit margin: 3.1% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 20
Revenue beats expectations Revenue exceeded analyst estimates by 12%. Over the next year, revenue is expected to shrink by 1.4% compared to a 759% growth forecast for the Machinery industry in Australia. Is New 90 Day High Low • Jan 28
New 90-day low: AU$0.24 The company is down 12% from its price of AU$0.28 on 29 October 2020. The Australian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: AU$0.29 The company is up 87% from its price of AU$0.15 on 12 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 40% over the same period. Is New 90 Day High Low • Oct 23
New 90-day high: AU$0.28 The company is up 107% from its price of AU$0.14 on 22 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 48% over the same period. 
