RPM Automotive Group Trading Update May 2023

RPM Automotive Group Limited reported strong Q3 FY23 performance with revenue of $31.2m (up 45% year-on-year) and EBITDA of $3.2m (up 37% year-on-year). The company provided FY23 guidance of $118m-$120m in revenue and $10.5m-$12m in operating EBITDA, supported by cost savings from restructuring, improved gross margins, and disposal of non-core assets.