Motorpoint Group (MOTR)

Sector:

Retailers

Index:

FTSE Small Cap

173.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 187.00p
  • 52 Week Low: 116.00p
  • Currency: UK Pounds
  • Shares Issued: 83.62m
  • Volume: 5,005
  • Market Cap: £144.66m
  • Beta: 0.00

Motorpoint Group warns on profits amid fall in electric vehicle values

By Iain Gilbert

Date: Friday 27 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Vehicle retailer Motorpoint Group warned on Friday that profitability will be negatively impacted by a fall in electric vehicle values for the "foreseeable future".
Motorpoint said revenues had risen 17% in the nine months ended 31 December to £1.06bn as it witnessed a return to year-on-year retail volume growth in December and into January.

However, gross profit per unit was below expectations due to higher financing costs and a drop in the value of electric vehicles

Motorpoint stated that macroeconomic conditions continued to "promote consumer uncertainty", reducing used car demand, and opted not to provide specific profit guidance. It also highlighted that the fall in electric vehicle values would continue to negatively impact profitability.

Chief executive Mark Carpenter said: "Motorpoint will emerge from the current depressed consumer market a more efficient business, having made progress on multiple key strategic initiatives.

"In a period when some of the group's competitors are retreating or lacking financial capability and when current macro headwinds are forecast to continue, the board believes that there is significant opportunity to continue making targeted strategic investment to grow market share and become a highly profitable market leader.

As of 0900 GMT, Motorpoint shares were down 2.07% at 142.0p.





Reporting by Iain Gilbert at Sharecast.com

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MOTR Market Data

Currency UK Pounds
Share Price 173.00p
Change Today 2.50p
% Change 1.47 %
52 Week High 187.00p
52 Week Low 116.00p
Volume 5,005
Shares Issued 83.62m
Market Cap £144.66m
Beta 0.00

MOTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.17% below the market average76.17% below the market average76.17% below the market average76.17% below the market average76.17% below the market average
88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average
Price Trend
82.83% above the market average82.83% above the market average82.83% above the market average82.83% above the market average82.83% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Income
72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average
73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average
Growth
29.48% below the market average29.48% below the market average29.48% below the market average29.48% below the market average29.48% below the market average
5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MOTR Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Jul-25 06-Feb-20
Paid 01-Aug-25 13-Mar-20
Amount 1.00p 2.60p

Trades for 28-Aug-2025

Time Volume / Share Price
16:35 3,803 @ 173.00p
16:35 392 @ 173.00p
16:35 135 @ 173.00p
16:35 43 @ 173.00p
16:35 1,616 @ 173.00p

MOTR Key Personnel

CFO Chris Morgan

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