Smartgroup Q1 Revenue Rises 10%, Sees Surge in EV Demand

MT Newswires Live

2025/05/08

Smartgroup (ASX:SIQ) said its first-quarter average monthly revenue increased 10% compared to a year ago and was in line with the fiscal second half of 2024, according to a Thursday Australian bourse filing.

Average monthly total novated leasing settlements, including refinanced vehicles, increased 9% compared to last year.

Average monthly novated leasing orders, excluding refinanced, were up 21% compared to a year ago, of which 51% were electric vehicle orders.

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