There was plenty on offer for Kiwi investors at the recent Queensland Retirement Summit, hosted by the Australian Shareholders’ Association with support from the NZ Shareholders’ Association. This included a presentation from Bendigo Bank Chief Economist, David Robertson, that provided a solid overview of the Australian economy, useful for any New Zealand investor. The key…
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Annual Meeting Report, August 28th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2020 2022 (restated) 2023 (restated) 2024 2025 Change Revenue $33.9m $48.1m $77.8m $96.5m $105.5m 9% Operating Expenses $26.3m $37.9m $59.4m $75.3m $88.9m 18% NPAT -$15.2m $2.1m $8.5m $8.4m -$.7m n/a EBITDA $7.6m $10.2m $18.4m $21.3m $16.6m -22% Capitalisation $190.3m $155m…
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Annual Meeting Report, August 8th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Operating Revenue $5.5m $9.3m 9.0m $10.1m $10.4m 3% Change in Investments $150.5m -$20m -$23.7m $16.7m $37.8m 126% NPAT $142.7m -$17.3m -$19.5m $19.9m $40.8m 1.3 Mkt Capitalisation $627m $517m $432.6m $422.4m $456m 8% Mgmt Fee…
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NZSA Disclaimer Opinion: Employee Ownership Pays the Price of Private Equity Playbook Oliver Mander, CEO, NZ Shareholders Association In the world of corporate governance, we often speak of alignment between directors, shareholders and management. The natural tensions between that trinity represent a balancing act of key financial concepts – such as risk versus reward, or…
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Annual Meeting Report, August 28th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $130.8m $173.6m $180.7m $128.4m $104.4m -19% Gross Margin 47% 53% 49% 45% 43% -4% Gross Profit $61.5m $91.6m $89.2m $58.2m $45.4m -22% NPAT $9.6m $33.1m $23.2m $4.5m -$5.8m n/a EPS $0.042 $0.145 $0.101…
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Annual Meeting Report, August 29th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Operating Revenue $66.4m $89.0m $94.6m $98.8m $97.7m -1% Management Fees $24.2m $24.3m $23.3m $19.8m $20.4m 3% Gross Profit $40.4m $45.6m $53.5m $50.8m $49.3m -3% NPAT $131.9m $112.3m -$116.7m -$56.1m $21.7m n/a EPS1 $0.279 $0.208…
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Annual Meeting Report, August 28th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Property Revenue $182.0m $187.8m $213.8m $244.1m $278.0m 14% Fair Value Movement $560.0m $660.4m -$237.7m -$478.4m $11.1m n/a NPAT $631.7m $748.6m -$135.4m -$564.9m $109.6m n/a EPS $0.454 $0.536 -$0.096 -$0.403 $0.073 n/a PE Ratio 5…
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Annual Meeting Report, August 19th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($m) 2022 ($m) 2023 ($m) 2024 ($m) 2025 ($m) Change Share Price $8.09 $7.70 $10.20 $10.64 $10.82 2% Revenue $1,242m $1,129m $1,845m $3,243m $3,852 19% NPAT (attributable) -$49.2m $1,169m $643.1 $854.0m -$286.3m n/a EPS -$0.068 $1.65 $0.89 $1.03 -$0.344…
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Annual Meeting Report, August 22nd 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $1.6m $3.9m $4.9m $6.2m $8.0m 30% EBIT -$6.9m -$11.2m -$14.1m -$9.1m -$3.4m n/a NPAT -$6.6m -$10.8m -$9.8m -$8.0m -$3.5m n/a EPS1 n/a -$0.125 -$0.087 -$0.063 -$0.027 n/a PE Ratio n/a n/a n/a n/a…
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Annual Meeting Report, August 26th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Operating Revenue $6.0m $19.9m $23.9m $29.9m $38.1m 29% Fair value movements $1.3m $0.00 $0.00 $3.6m n/a n/a NPAT $0.49m $1.9m $0.7m $1.6m $6.8m 318% Capitalisation $42.6m $42.6m $21.4m $21.5m $21.3m -1% EPS $0.00 $0.00…
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