Annual Meeting Report, August 15th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Capitalisation $21.9m $25.4m $13.3m -48% Revenue $5.5m $5.9m $11.3m 90% Gross Margin 63% 54% -14% NPAT $1.04m $1.2m $0.4m -65% EPS1 $0.107 $0.118 $0.041 -65% PE Ratio 22 22 32 Current Ratio 1.70 2.01 1.24 -38%…
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It’s been an interesting last four weeks for Metro Performance Glass. The sequence of events was well-covered by media in July (and an NZSA Briefing commentary), beginning with the receipt of a non-binding indicative offer (NBIO) at $0.18 per share received by the company’s Board on the morning of July 18th. The offer was backed…
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Annual Meeting Report, 31st July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 (restated) 2023 Change Revenue $570.4m $478.1m $493.6m 3% NPAT $21.0m $33.1m $50.5m 53% Profit attributable to shareholders $16.8m $23.9m $45.2m 89% EPS $0.117 $0.167 $0.315 89% PE Ratio 10 7 5 Current Ratio 0.89 0.91 1.28 37% Debt…
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Annual Meeting Report, 31st July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Capitalisation $221m $248m $296m 19% Revenue $123.8m $132.6m $194.0m 46% NPAT $11.7m $10.0m $26.2m 162% Attributable to Equity holders $9.9m $9.1m $20.4m 124% EPS $0.557 $0.515 $0.974 89% PE Ratio 22 27 15 Current Ratio 1.65…
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Annual Meeting Report, 4th August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Operating Revenue $5.5m $9.3m 9.0m -3% Change in Investments $150.5m -$20m -$23.7m n/a NPAT $142.7m -$17.3m -$19.5m n/a Mkt Capitalisation $627m $517m $432.6m -16% Mgmt Fee (cps) 1.82cps 1.67cps 1.06cps n/a Performance fee (cps) 2.02cps n/a…
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Annual Meeting Report, 3rd August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $126.0m $136m $150m 10% NPAT $1.7m $2.7m -$2.1m n/a EPS1 $0.01 $0.01 -$0.007 n/a PE Ratio 61 35 n/a Capitalisation $104.1m $94.2m $58.4m -44% Current Ratio 0.69 0.73 0.61 -17% Debt Equity 10.35 3.14 3.89…
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Annual Meeting Report, 27th July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Operating Revenue $455m $507.8m $571.0m 12% Fair Value Movement $417m $746m $431.5m -42% Total Revenue $872.6m $1,254.7m $1,002m -20% NPAT $423m $692.8m $257.8m -63% EPS $0.864 $1.39 $0.375 -73% PE Ratio 16 7 17 Capitalisation $6.5b…
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Annual Meeting Report, 4th August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $113.1m $130.3m $156.6m 20% NPAT $7.9m $19.8m $10.6m -46% EPS $0.074 $0.19 $0.102 -46% Inventory Turnover 2.28 2.04 2.20 8% Gross Margin 43% 47% 47% n/c PE Ratio 60 20 37 Capitalisation $481m $429.3m $401.6m…
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Company Presentation Report, 25th July 2023 Executives from Steel & Tube NZ presented an engaging and insightful meeting to the Bay of Plenty NZ Shareholders Association in July in Tauranga. More than twenty people attended the monthly meeting lead by CEO Mark Malpass and CFO Richard Smythe. Those who knew little about the company…
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Annual Meeting Report, 1st August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 (restated) 2022 2023 Change Revenue $232.3m $236m 263.5m 12% NPAT $11.4m -$0.4m -$10.5m n/a Gross Profit Margin 43% 40% 40% n/c Inventory Turnover 6.26 5.72 5.35 -7% EPS $0.04 -$0.002 -$0.057 n/a PE Ratio 10 n/a n/a Capitalisation $39.9m…
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