NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. He’s owned units of the Smart NZX50 exchange traded fund, Salt Funds Management’s long-short fund, and Milford Asset Management’s active growth and aggressive funds since January 2024. His KiwiSaver funds have been managed…
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NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. He’s owned shares of Bremworth since January 2024. The Bremworth and 2 Cheap Cars deals provide a lesson in shareholder psychology. If you’re looking for a lesson in the twin parables of 2…
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NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. Fed chair Kevin Warsh’s hall of mirrors concerns shouldn’t be brushed off too quickly. Central banks are meant to be boring and predictable. The levers they pull in adjusting interest rates take an…
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Annual Meeting Report, 1 September 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022($000’s) 2023 2024 2025 2026 Change Product Revenue $1,678 $1,662 $2,108 $1,712 $2,434 42% NPAT -$7,893 -$2,402 -$2,051 -$2,243 -$2,256 n/a Capitalisation $18.1m $12.1m $9.4m $12.1m $13.7m 13% EPS1 -$0.022 -$0.006 -$0.004 -$0.004 -$0.003 n/a PE Ratio n/a n/a n/a…
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Annual Meeting Report, August 27th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $1,097m $1,400m $1,714m $2,102m $2,753m 31% Gross Profit $957m $1,222m $1,511m $1,872m $2,309m 23% Operating Income $41.9m -$59.8m $239.6m $355.7m $316.1m -13% NPAT -$9.1m -$113.5m $224.1m $227.8m $167.4m -27% EPS1 -$0.061 -$0.75 $1.47…
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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…
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Annual Meeting Report, August 28th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $221.5m $227.4m $212.4m $165.3m $165.2m n/c NPAT $3.0m $2.0m -$10.0m -$2.9m -$2.1m n/a EPS1 $0.087 $0.058 -$0.292 -$0.084 -$0.061 n/a Capitalisation $64.2m $48.1m $23.7m $9.6m $5.5m -38% PE Ratio 21 24 n/a n/a…
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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…
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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…
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Annual Meeting Report, August 27th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $9.4m $10.5m $12.0m $13.1m $15.0m 14% NPAT -$2.7m -$1.4m $0.6m $0.8m $0.7m -17% EPS -$0.0021 -$0.0011 $0.0005 $0.0007 $0.0005 -17% PE Ratio n/a n/a 36 29 30 Capitalisation $39.5m $30.6m $23.0m $24.3m $20m…
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