Carsales.Com Limited announced its results for 1HFY23 ended 31 December 2022

Carsales.Com Limited (ASX: CAR) announced results for the half year ended 31 December 2022:

• The company's pro-forma revenue of AU$388 million, which was 15% more than the previous equivalent quarter. Pro-forma EBITDA of AU$211 million, up 17% from the prior year.
• In 1HFY22 and 1HFY23, pro-forma calculations assume 100% ownership of Trader Interactive. The Adjusted Revenue of AU$332 million was up 37% year on year, indicating excellent underlying earnings and the first contribution of Trader Interactive as a subsidiary.
• It has reported NPAT of AU$416 million, up 458% year on year, while the EPS was 119.2 cents, up 364% year on year.
• The exceptional free cash flow generation and robust balance sheet enabled a fully franked interim dividend of 28.5 cents per share, up 12% on PCP.

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