The CAR Group Ltd (ASX: CAR) share price is under the spotlight today after the ASX tech share announced its FY26 result.
CAR Group is the owner of multiple car marketplaces, including Carsales.com.au in Australia, while also having investments in South Korea (Encar), the US (Trader Interactive), Chile (Chileautos) and Brazil (Webmotors).
FY26 result
The company reported it generated revenue and earnings growth across the world. Let’s look at its performance for the 12 months to 30 June 2026:
- Revenue grew by 6% to $1.25 billion
- Pro forma EBITDA (EBITDA explained) rose 9% to $700 million
- Adjusted net profit after tax (NPAT) rose 8% to $407 million
- Reported net profit increased 14% to $314 million
- Final dividend per share up 5% to $0.435
- Full-year dividend per share up 8% to $0.86
What happened?
The business reported how its different regions performance over the 12 months.
In Australia, revenue increased 7% and adjusted EBITDA grew 8%. The company said that Carsales maintained its market leadership, supported by continued product innovation and strong customer engagement. The business launched Nexgate, its next generation dealer platform, while AI-led improvements in search, personalisation and workflow tools enhanced the customer experience.
In North America, revenue increased by 12% and adjusted EBITDA grew by 12%. Growth was driven by premium dealer products, media momentum, data and analytics capability, contributions from minor acquisitions, and progress in building a more diversified ecosystem.
In Latin America, revenue increased 19% and adjusted EBITDA rose 23%. The ASX share said that the revenue reflected the exit of Car10’s zero-margin loan factoring business. Webmotors strengthened its leadership in Brazil through audience growth, dealer services, finance, media and continued expansion of the Wallet product. Chile also delivered “strong financial and operational results”.
In Asia, revenue rose 15% and adjusted EBITDA increased 14% on a constant currency basis. This was supported by continued growth in ‘guarantee inspections’, the scaling of more comprehensive inspections through guarantee 2.0, rising digital transaction volumes, increased dealer direct trade-in activity and increasing use of AI across product and operational workflows.
Outlook for the CAR Group share price
The company revealed what it expects in FY27, with total revenue growth of between 11% to 14%.
It expects high single digit revenue growth in percentage terms in Australia, and double-digit growth in North America, Latin America and Asia.
Adjusted EBITDA is expected to grow between 10% to 13% in constant currency terms. North American and Asian EBITDA isn’t expected to grow quite as fast as revenue because of investments.
Adjusted net profit after tax is expected to grow between 9% to 12% in constant currency terms.
Overall, this was a solid level of profit growth, though time will tell whether the FY27 guidance is strong enough for the market. I’d be pleased enough if I were a shareholder – double-digit profit growth with a decent dividend hike is a decent combination.
It’s not one of the ASX growth shares I’m looking to buy, but it has a decent long-term outlook, internationally.
