RPMGlobal Holdings Limited (ASX:RUL) Updates FY2026 Corporate Costs
Corporate Cost Reduction Post Divestment
RPMGlobal Holdings Limited has announced a decrease in its projected FY2026 corporate costs to $11.3 million, down $4.5 million from $15.8 million prior to the divestment of its Advisory business to SLR Consulting Pty Ltd on 2 April 2025. The reduction includes steady public company compliance costs at $2.7 million, decreased third-party software costs from $1.5 million to $1.3 million, lower financial reporting costs from $3.2 million to $2.7 million, diminished other corporate costs from $3.9 million to $1.6 million, and reduced depreciation on right-of-use assets from $3.0 million to $1.7 million.
Transition and Future Guidance
The company stated that FY2025 remains a transitional year due to the divestment, part-year financial contributions from Advisory, Transitional Services Agreements with SLR, and corporate cost base adjustments. Instead of providing guidance for the remainder of FY2025, RPMGlobal will analyze the underlying performance of its Software business and offer FY2026 guidance in August 2025. Additionally, the potential earnings under the FY2025 annual corporate executive incentive pool decreased to $1.2 million following the divestment.
Motley Fool contributor Abbie Stokes 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 RPMGlobal. The Motley Fool Australia has recommended RPMGlobal. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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