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Highlights

  • Return to Profitability: Full-year retail volumes increased by approximately 14% year-on-year, outperforming the used car market.

  • Financial Growth: Expected earnings before interest and tax (EBIT) of £13.3m-£13.6m and profit before tax (PBT) of £4.0m-£4.3m, a significant improvement from FY24 losses.

  • Expansion and Share Buyback: Opened its 21st store in Norwich, with plans for further expansion; announced a £4m share buyback program.

Motorpoint Group PLC (LSE:MOTR), the UK’s leading independent omnichannel vehicle retailer, has reported a significant return to profitable growth in its latest trading update for the fourth quarter and full year ending 31 March 2025. The company expects to report earnings before interest and tax (EBIT) between £13.3 million and £13.6 million, a sharp turnaround from a £0.6 million loss in FY24. Profit before tax (PBT) is also projected at £4.0 million to £4.3 million, compared to a £10.4 million loss in the previous year.

Retail sales volumes saw a 14% increase year-over-year, significantly outperforming the UK’s 0-6-year used car market, which grew by only 2.8%. For the 12 months ending 31 December 2024, Motorpoint’s retail sales in this category surged 14.8%.

While growth moderated in Q4 due to tougher comparisons and a subdued consumer market, margins remained stable. 

Expansion and Digital Growth

Motorpoint has improved its digital presence, leading to increased website traffic and higher customer engagement. The company has also expanded its use of advanced data analytics, which is expected to enhance car purchasing and pricing strategies in FY26.

The opening of its 21st store in Norwich in December 2024 has been well received, and the company is actively scouting new locations for further expansion across the UK.

Customer Satisfaction

Motorpoint remains committed to delivering excellent customer service, with its Net Promoter Score (NPS) exceeding 80 in the second half of FY25, reflecting improved customer satisfaction.

The company’s balance sheet recorded approximately £6 million in cash as of 31 March 2025, despite significant vehicle purchases. 

£4 Million Share Buyback Program

Motorpoint has announced the commencement of a £4 million share buyback program, under which it plans to repurchase and cancel up to 3 million ordinary shares, representing approximately 3.5% of its total shares. The buyback will be managed by Numis Securities Limited (Deutsche Numis).