Why did MaxiPARTS (ASX:MXI) upgrade its profit guidance for FY26?

MaxiPARTS (ASX:MXI) upgraded its FY26 operating profit guidance to $14.2 million due to effective cost discipline and sustained trading momentum. This revised figure exceeds the company's previous guidance top end of $14.1 million.

What annual revenue did MaxiPARTS (ASX:MXI) report for FY26?

MaxiPARTS (ASX:MXI) generated $274.4 million in annual revenue for FY26. This performance represents a 3% increase compared to the previous financial year.

How did MaxiPARTS (ASX:MXI) reduce its excess inventory in the second half?

MaxiPARTS (ASX:MXI) reduced slow-moving inventory by $9 million during the second half of FY26. The company achieved this through targeted branch network optimisation programmes and active supply chain management.

What is the net cash position of MaxiPARTS (ASX:MXI)?

MaxiPARTS (ASX:MXI) finished FY26 with a net cash position of $7 million and an operating cash conversion ratio of 115%. This reflects an improvement of $15.7 million compared to the first half of the financial year.

What is the release date for the full FY26 financial results from MaxiPARTS (ASX:MXI)?

MaxiPARTS (ASX:MXI) stated that it will release its complete annual financial statements and investor presentation on Aug. 20. The business also confirmed recent leadership updates, appointing a new Chief Financial Officer and General Manager of Operations.

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MaxiPARTS upgrades profit guidance to $14.2M

Written by Heidi Cuthbert Published Jul 23, 2026, 9:57 PM

MaxiPARTS upgraded its FY26 operating profit guidance to $14.2 million.
Net cash position improved by $15.7 million during the second half.
Targeted supply chain and branch optimisations drove inventory reductions.

MaxiPARTS (ASX:MXI) upgraded its full-year profit guidance to $14.2 million following strong operational discipline.

The updated earnings figure exceeds the company's previous guidance range of $14.1 million.

Annual revenue reached $274.4 million, reflecting a 3% increase compared to the previous year.

The business reduced slow-moving inventory by $9 million through targeted branch network optimisation programmes.

Following the announcement, the MaxiPARTS share price was unchanged at $1.80 while management noted capital flexibility.

The company ended the period with a net cash position of $15.7 million, a half-year improvement.

MaxiPARTS strengthened its leadership team with new executive appointments ahead of its full financial report on Aug. 20.

MaxiPARTS upgrades profit guidance to $14.2M

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