Annual Meeting Report, 14th June 2023 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $172m $164.8m $144.2m -12% Hotel Revenue $64.1m $55.2m $65.2m 18% NPAT1 $46.0m $40.0m $21.7m -46% EPS1 $0.29 $0.253 $0.137 -46% PE Ratio 8 9 16 Capitalisation $266m $226m -15% Current Ratio 7.97 5.9 6.78 15%…
Read more
Announcements regarding capital markets policy rarely incite much excitement amongst retail investors. Whether you’re experienced or inexperienced as an investor, it can be hard to relate to the introspective, jargon-filled discussions that create the rules of the game when it comes to investing in New Zealand’s public capital markets. It’s ironic, really, when you consider…
Read more
Annual Meeting Report, 14th June 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 (7 Months) 2022 2023 Change Revenue $95.2m $174.5m $167.1m -4% NPAT -$7.1m -$73.2m $1.9m n/a EPS -$0.05 -$0.052 $0.003 n/a Gross Margin 15% 7% 18% -51% Inventory Turnover 2.53 4.61 5.12 11% PE Ratio n/a n/a 60 n/a Capitalisation…
Read more
Annual Meeting Report, June 6th 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 (restated) 2023 Change Revenue $103m $44.0m $59.5m 35% EBITDA $3.1m $7.1m 130% Gross Profit Margin 7% 12% 70% NPAT $7.6m $0.3m -43.8m n/a EPS $0.054 $0.002 -$0.275 n/a PE Ratio 19 161 n/a Capitalisation $122.9m $97.3m -21% Current…
Read more
The annual shareholder meeting – formerly the AGM (annual general meeting) – has always been the most carefully scripted event on a company’s calendar. As a former PR fixer, I’ve been involved in my fair share of them. I recall one company advising they’d chosen a local theatre for their annual meeting because “the seats…
Read more
Annual Meeting Report, May 23rd 2023 Click here for NZSA Assessment and Voting intentions Metric 2020 AUD 2021 AUD 2022 AUD Change Revenue $3,224m $4,557m $5,168m 13% EBITDA $266m $312m $414m 33% NPAT $24m -$5m $191.2m n/a EPS1 $0.045 $0.023 $0.22 881% PE Ratio 39 121 11 Capitalisation $2,224m $2,199m -1% Current Ratio 1.02 0.81…
Read more
Annual Meeting Report, May 23rd 2023 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $88.6n $91.9m $67.1m -27% Cost of Sales $43.3m $44.9m $20.5m -54% Gross Profit $41.8m $43.4m $43.3m n/c NPAT $30.1m $31.3m $31.1m n/c Gross Profit Margin 51% 51% 71% n/c EPS1 $0.105 $0.109 $0.108 n/c Capitalisation…
Read more
Standard and Poors (S&P) are the company behind many of the stock market indices that are used as benchmarks for portfolio performance – including our own local S&P NZ50 Index. Recently, Anu Ganti, Senior Director, Index Investment Strategy was in New Zealand – and I went along to have a listen. S&P’s role in setting…
Read more
Annual Meeting Report, May 25th 2023 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $87.5m $98.1m $135.1m 38% EBITDA -$11.4m $6.5m $10.6m 63% NPAT -$57.1m -$9.9m -$20.9m n/a Gross Profit Margin 57% 63% 63% n/c EPS1 -$0.226 -$0.042 -$0.092 n/a PE Ratio n/a n/a n/a Capitalisation $428m $322m -25%…
Read more
Annual Meeting Report, May 24th 2023 Click here for NZSA Assessment and Voting intentions Meric 2020 2021 2022 Change Revenue $36.9m $64.2m $74.3m 16% NPAT -$2.2m $5.4m $3.3m -40% Gross Profit Margin 29% 28% 28% n/c Inventory Turnover 6.41 11.56 7.97 -31% EPS1 -$0.005 $0.013 $0.08 -40% PE Ratio n/a 12 13 Market Capitalisation $65.6m…
Read more
