# 2 Cheap Cars Group Limited (NZX:2CC)

**Exchange:** NZX (XNZE)
**Sector:** Financials
**ISIN:** NZNZAE0001S5
**Financial year-end:** March

## Overview

2 Cheap Cars Group Limited operates New Zealand's largest used vehicle retail business, selling imported vehicles (primarily from Japan) through multiple dealership locations under the 2 Cheap Cars brand, with expansion into Australia. The group combines used vehicle sourcing and retail operations with captive consumer finance through NZ Motor Finance, serving price-conscious buyers seeking affordable used vehicles with integrated financing options. Revenue is generated through vehicle sales margins and finance origination and servicing.

## Market

- **Last close:** NZ$0.60 (2026-06-12)
- **Market cap:** NZ$28.7M (2026-06-12)

## Latest annual results (FY2025)

- **Revenue:** NZ$80.2M
- **Net profit:** NZ$3.3M
- **EPS:** 7c
- **Total assets:** NZ$34.2M
- **Total equity:** NZ$21.1M
- **Net margin:** 4.1%
- **Return on equity:** 15.7%
- **Debt-to-equity:** 0.62

All figures sourced from the company's most recent annual report. Monetary values in New Zealand dollars.

## Latest dividend

- **Ex-date:** null
- **Amount:** 6.03c per share (NZD)

## Governance

- **Governance Risk Score (NZXplorer methodology):** 62.76 — Good (calculated 2026-06-11T16:01:11.142+00:00)
- **Board size:** 4 directors, 50% independent
- **Chair:** [Michael Stiassny](https://nzxplorer.co.nz/people/michael-stiassny)
- **CEO:** David Sena (CEO)

### Board of directors (4)

- [Michael Stiassny](https://nzxplorer.co.nz/people/michael-stiassny) — Chair, Independent
- [David (Yusuke) Sena](https://nzxplorer.co.nz/people/david-yusuke-sena)
- [Gordon Shaw](https://nzxplorer.co.nz/people/gordon-shaw) — Independent
- [Paul Millward](https://nzxplorer.co.nz/people/paul-millward)

## Latest NZX announcement

- **Second-half momentum drives FY26 profitability** (2026-05-28, FLLYR)
- Source: https://www.nzx.com/announcements/473536

## Data freshness

- Share price: as of 2026-06-12
- Financials: FY2025 annual results
- Governance Risk Score: calculated 2026-06-11
- Board roster: current appointments as of 2026-06-13
- Latest announcement: 2026-05-28

## More data

- Company page: https://nzxplorer.co.nz/companies/2-cheap-cars
- Structured facts (JSON): https://nzxplorer.co.nz/api/v1/companies/2CC/facts.json
- Full detail API: https://nzxplorer.co.nz/api/v1/companies/2CC?include=all
- Company website: https://www.2cheapcars.co.nz/investors
- NZX page: https://www.nzx.com/companies/2CC

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Published by [NZXplorer](https://nzxplorer.co.nz). Canonical: https://nzxplorer.co.nz/companies/2-cheap-cars. Data licence: CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source. Generated 2026-06-13T22:32:04.465Z.