• Propel Funeral Partners posts steady FY26 earnings and maintains dividend

    funeral asx share price represented by man holding flowers at a funeral

    The Propel Funeral Partners Ltd (ASX: PFP) share price is in focus today after the company posted FY26 revenue of $226.6 million, steady on last year, and declared a fully franked final dividend of 6.9 cents per share.

    What did Propel Funeral Partners report?

    • Revenue: $226.6 million, up 0.3% on FY25 and within guidance
    • Operating EBITDA: $55.3 million, down 1.6% year on year
    • Operating NPAT: $20.7 million, a 4.0% decline from the prior year
    • Total fully franked dividends: 14.4 cents per share (unchanged from FY25)
    • Five acquisitions completed in FY26 and since, totalling ~$12 million
    • Funding capacity of ~$169 million and strong cash flow conversion of 100.7%

    What else do investors need to know?

    Propel carried out roughly 22,850 funerals in FY26, marking a 1.1% increase on the previous year, despite a contraction in comparable volumes of about 2%. Average revenue per funeral climbed ~2% to $6,673, supported by recent acquisitions and pricing, but was impacted by foreign exchange movements.

    Over the year, Propel made five acquisitions in New Zealand, broadening its network of funeral homes and memorial businesses. The company notes continued focus on its core strategy of investing in death care assets across Australia and New Zealand.

    The balance sheet remains solid with about $650 million in total assets, $252 million in freehold property, and a recently extended $275 million debt facility now maturing in October 2029. Gearing sits at roughly 31%, and the net leverage ratio is well within covenant limits at about 2.2 times.

    What’s next for Propel Funeral Partners?

    Looking ahead, Propel says it is well placed for growth thanks to strong funding, favourable demographics, and contributions from its latest acquisitions. The company notes the industry remains highly fragmented, presenting further acquisition opportunities, though timing is yet to be determined.

    In July 2026, Propel produced revenue of approximately $21.5 million, supported by increased average revenue per funeral and ongoing resilience in funeral volumes, despite lower industry death volumes. The company will update shareholders on FY27 trading at its AGM in November.

    Propel Funeral Partners share price snapshot

    Over the past 12 months, Propel Funeral Partners shares have declined 32%, trailing the All Ordinaries Index (ASX: XAO).

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Tyro Payments FY26: Earnings rise, growth outlook improves

    A smiling market stall holder selling flowers holds out a payment machine to a customer who hovers her telephone over it to pay via Zip

    The Tyro Payments Ltd (ASX: TYR) share price is in focus after reporting a 5.3% rise in gross profit to $231.8 million and an 8.6% lift in EBITDA to $66.9 million for FY26.

    What did Tyro Payments report?

    • Gross profit increased 5.3% to $231.8 million
    • EBITDA up 8.6% to $66.9 million
    • Normalised profit before tax surged 40% to $24.7 million
    • Free cash flow rose 49.5% to $29.4 million
    • eCommerce volumes climbed 25%
    • Number of banking accounts grew by 35%

    What else do investors need to know?

    Tyro continued its growth in priority markets, with Allied Health up 26% and Dental up 19%. The company reported merchant retention improvements and expanded into new enterprise and franchise customers such as Bakers Delight, Lune, and Drummond Golf.

    In banking, deposits were up 27% and loan origination rose 19%. The acquisition of Thriday is set to broaden Tyro’s accounting and financial management offering, aiming to increase the value from multi-product customers who tend to stay longer with the business.

    What’s next for Tyro Payments?

    Tyro expects to build on its momentum, with forecast FY27 normalised gross profit between $240 million and $255 million and an EBITDA margin of 28.5% to 30.5%. The company is targeting further growth in SME relationships, enterprise wins, and solidifying its strong position in health, eCommerce, and banking.

    Management highlighted Tyro’s local focus as a differentiator, with the flexibility to invest in customer-centric capabilities, while maintaining financial discipline to drive long-term shareholder value.

    Tyro Payments share price snapshot

    Over the past 12 months, Tyro Payments shares have declined 27%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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    And right now, Scott thinks there are 5 stocks that may be better buys…

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Tyro Payments. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • ARB Corporation shares: FY26 profit drops but growth investments strengthen outlook

    A man in a four wheel drive vehicle lifts an arm and gives a thumbs up in the air as he traverses rugged mountain style terrain with a green valley and rocky hills in the background.

    The ARB Corporation Ltd (ASX: ARB) share price is on watch after the company reported sales revenue of $702 million, down 3.8%, and net profit after tax of $92.4 million, down 5.2%, for FY26 amid challenging market conditions.

    What did ARB Corporation report?

    • Sales revenue: $702.0 million, down 3.8% from FY25
    • Net profit before tax: $123.0 million, down 8.9%
    • Net profit after tax: $92.4 million, down 5.2%
    • Basic earnings per share: $1.11, down 5.9%
    • Final FY26 dividend announced: 35 cents per share, fully franked
    • Net cash holdings: $47.9 million, with no debt

    What else do investors need to know?

    Despite a softer demand and lower new 4×4 vehicle sales—especially in Australia—ARB’s second half performance showed improvement in profit margins and order book strength compared to the first half. The company also saw strong export sales growth in the United States (up 10.2%), with export sales overall rising slightly by 0.5% to represent 38.2% of total sales.

    ARB invested more into engineering and product development, including ramping up new releases and opening a local presence in China and South Africa. The company’s focus on its specialist store network continued, with new flagship sites and a new e-commerce platform supporting omni-channel sales.

    What’s next for ARB Corporation?

    Looking ahead, ARB expects gradually improving supply for key vehicle models in Australia and internationally, which should support better sales to both retail and original equipment manufacturers in FY27. The company is increasing investment in engineering to deliver more new products, and will further expand its footprint in markets such as China, South Africa, and the United States.

    Management highlighted a strong balance sheet with no debt, and says ARB will continue its focus on growing its Aftermarket presence, expanding export channels, and building long-term partnerships with OEM customers in Australia and abroad.

    ARB Corporation share price snapshot

    The ARB Corporation share price has been among the worst performers on the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of over 50%.

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    Should you invest $1,000 in ARB Corporation right now?

    Before you buy ARB Corporation shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and ARB Corporation wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ARB Corporation. The Motley Fool Australia has recommended ARB Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.