FleetPartners Group (ASX: $FPR) Half-Year Report Highlights

FleetPartners Group Limited (ASX: $FPR) has released its Half-Year Report for the period ended 31 March 2024. The report shows a decrease in Net Profit After Tax and Amortisation (NPATA) by $1.6 million compared to the same period in the prior year. The Group measures financial performance using non-IFRS measures including Net Operating Income (NOI), Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA), and NPATA. The report also includes a detailed review of operations, segment performance, and financial position.

Executive Commentary

Refer to the Interim report accompanying this report for a more detailed commentary.

Summary of FleetPartners Group Half-Year Report

FleetPartners Group Limited (ASX: $FPR) has reported a decrease in NPATA by $1.6 million for the half-year ended 31 March 2024 compared to the same period in the prior year. The report provides insights into the Group's financial performance, segment information, expenses, and capital management. The Group aims to optimize its funding facilities to cater for expected business growth and has declared no interim dividend for the half-year. The Directors have declared the financial statements to give a true and fair view and have confirmed the Group's ability to pay its debts as and when they become due and payable. The Independent Auditor's Review Report states that the Interim Financial Report complies with the Corporations Act 2001 and Australian Accounting Standards, providing a true and fair view of the Group's financial position and performance for the half-year ended 31 March 2024.