Mid-morning this drab Wellington Monday, I had a discussion with a Board member of Skyline Enterprises Limited as part of our usual process surrounding our company assessment reports and subsequent voting intentions. Skyline has a market capitalisation of approximately $630m, and is one of the largest companies listed on “Unlisted” (USX), a recognised alternative exchange…
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Annual Meeting Report, August 31st 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $1.6m $3.9m $4.9m 27% EBIT -$6.9m -$11.2m -$14.1m n/a NPAT -$6.6m -$10.8m -$9.8m n/a EPS1 n/a -$0.125 -$0.087 n/a PE Ratio n/a n/a n/a Capitalisation n/a $66m $34m -56% Current Ratio 1.42 2.65 1.70 -36%…
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Annual Meeting Report, August 28th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Operating Revenue $6.0m $19.9m $23.9m 20% Fair value movements $1.3m $0.00 $0.00 n/a NPAT $0.49m $1.9m $0.7m -63% Market Capitalisation $42.6m $42.6m $21.4m -50% EPS $0.00 $0.00 $0.00 n/c PE Ratio 434 23 31 Current Ratio…
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Annual Meeting Report, August 23rd 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $303.5m $344.5m $389.6m 13% NPAT $26.9m $31.3m $32.6m 4% EPS $0.314 $0.363 $0.376 3% PE Ratio 14 10 10 Capitalisation $314m $316m 1% Current Ratio 4.35 4.21 3.09 -27% Debt Equity 2.08 2.27 2.13 -6%…
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Annual Meeting Report, August 25th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 (10 months) 2022 2023 Change Revenue $175.4m $231.1m $247.2m 7% NPAT $85.7m $61.1m $15.4m -75% EPS $0.138 $0.086 $0.022 -74% Fair value gain/loss $82.3m $63.5m $21.4m -66% PE Ratio 11 12 32 Capitalisation $660m $540m -18% Current Ratio 2.56…
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Annual Meeting Report, August 22nd 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $13.9m $11.9m $6.4m -47% NPAT $15.9m $2.9m -$14.0m n/a Fair value gain/loss $9.2m -$1.2m -$12.7m n/a EPS $0.044 $0.008 -$0.039 n/a PE Ratio 8 33 n/a Capitalisation $96.1m $96.1m n/c Current Ratio 6.89 6.04 9.54…
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Annual Meeting Report, August 29th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($000’s) 2022 ($000’s) 2023 ($000’s) Change Revenue $1,133 $1,678 $1,662 -1% NPAT -$3,490 -$7,893 -$2,402 n/a Capitalisation $22.9m $18.1m $12.1m -33% EPS1 -$0.01 -$0.022 -$0.006 n/a PE Ratio n/a n/a n/a Current Ratio 10.18 4.63 3.90 -16% Debt Equity…
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Annual Meeting Report, August 17th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $848.8m $1,097m $1,400m 28% Gross Profit $730m $957m $1,222m 28% Operating Surplus $61.7m $41.9m -$59.8m n/a NPAT $19.8m -$9.1m -$113.5m n/a EPS $0.134 -$0.061 -$0.75 n/a Subscribers 2.74m 3.27m 3.74m 17% Capitalisation $12.9b $18.8b 46%…
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With the benefit of hindsight, “Building Certainty” may not have been the best corporate strapline for Mainzeal. Although, perhaps the decision handed down by the Supreme Court last Friday August 25th might build certainty as to the changes required to our Companies Act. A legal process that began with liquidators (BDO) lodging claims with the…
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Annual Meeting Report, August 24th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Gross Profit $2.3m $4.5m $7.7m 72% NPAT $0.08m $1.3m $2.3m 68% EPS1 $0.0005 $0.0063 $0.0062 -1% PE Ratio 112 9 12 Capitalisation $17.9m $11.9m $28.0m 169% Current Ratio 1.33 1.42 1.66 17% Debt Equity 6.16 6.60…
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