NZSA Disclaimer Late last week, NZSA caught wind of some very interesting developments at Winton Land, with independent Directors Steven Joyce and Guy Fergusson notifying the market on August 26th that they would resign as Directors with effect from August 31st. Their resignation has left the company with only one independent director (Glen Tupuhi), and…
Read more
Annual Meeting Report, August 26th 2026 Click Here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Capitalisation $25.4m $13.3m $18.7m $43.74m $48.8m 10% Revenue $5.9m $11.3m $15.2m $19.1m $22.5m 18% Gross Margin 63% 54% 51% 52% 49% -5% NPAT $1.2m $0.4m $1.4m $2.5m $3.1m 25% EPS1 $0.118 $0.041 $0.138 $0.249…
Read more
Annual Meeting Report, August 25th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $1,682m $1,581m $1,743m $2,021m $2,308m 14% NPAT $377m $250m $133m $377m $469m 24% Gross Margin 62.60% 59.35% 59.93% 62.88% 63.68% 1% EPS1 $0.653 $0.432 $0.227 $0.644 $0.798 24% PE Ratio 31 57 138…
Read more
Special Meeting Report, August 24 2026 Click here for NZSA Assessment and Voting Intentions The meeting was seeking shareholder approval to grant Restricted Share Units (RSU’s) to certain employees under the company’s remuneration incentive plans. It is also seeking approval to grant RSU’s to attract and retain certain employees. Under the NZX Listing Rules, issuers…
Read more
Annual Meeting Report, August 19th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $344.5m $389.6m $420.0m $414m $451m 9% NPAT $31.3m $32.6m $33.0m $38.6m $38.2m -1% EPS1 $0.363 $0.376 $0.373 $0.428 $0.418 -2% PE Ratio 10 10 9 16 19 Capitalisation $314m $316m $379.9m $613m $741m…
Read more
NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. Intergenerational thinking is great but probably shouldn’t be rushed. Port of Tauranga is the closest New Zealand’s got to a maritime hub with a national plan. Over the years, the shining star in…
Read more
Annual Meeting Report, July 29th 2026 Click here for NZSA Assessment and Voting Intentions The meeting was called to approve the company purchasing the Barrytown Farms property. The property comprises around 304 ha. The Board considers the Barrytown Farms property strategically important because: The purchase price is $18 million and will be satisfied by raising…
Read more
Annual Meeting Report, 28 July 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 (r) 2025 (r) 2026 (r) Change Operating Revenue $508.8m $571.0m $689.9m $760.7m $855.6m 12% Fair Value Movement $745.9m $431.5m -$39.1m $92.3m -$104.3m n/a Total Revenue $1,254.7m $1,002m $650.8m $853.0m $751.3m -12% NPAT $692.9m $257.8m -$169.7m -$513.7m -$171.3m…
Read more
Annual Meeting Report, August 19th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Share price $0.83 $0.19 $0.155 $0.22 $0.28 30% Revenue $193.9m $175.7m $162.2m $162.1m $170.2m 5% NPAT $20.0m $7.9m $6.0m $6.4m $6.7m 5% EPS 1 $0.083 $0.032 $0.025 $0.026 $0.027 2% PE Ratio 1 10 6 6…
Read more
Annual Meeting Report, August 20th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 (restated)2 2026 Change Gross Profit $4.5m $7.7m $8.2m $9.9m $11.6m 16% Interest Income $5.6m $10.6m $13.7m $21.5m $24.8m 15% NPAT $1.3m $2.3m $2.6m $2.8m $2.7m -3% EPS1 $0.0063 $0.0062 $0.029 $0.031 $0.03 -3% PE Ratio 9…
Read more
