Annual Meeting Report, October 21st 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $3,963m $3,703m $3,222m $4,856m $4,835m n/c Operating Expenses $3,271m $2,994m $2,397m $4,102m $3,636m -11% EBITDAF $692m $709m $825m $754m $1,199 59% NPAT $428m $664m $95m $429m -$452m n/a EPS1 $0.167 $0.257 $0.037 $0.166…
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Special Meeting Report, November 7th 2025 Click here for NZSA Assessment and Voting Intentions The Chair, Tim Crown, opened the meeting setting out developments over the past few months. The meeting had been called to approve a resolution to give the Board flexibility to issue further shares under placements without needing a prior shareholder approval.…
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Special Meeting Report, November 5th 2025 Click here for NZSA Assessment and Voting Intentions In August 2025, the company announced it had entered into a Scheme of Arrangement with Florenz Limited, a subsidiary of Masthead Ltd which is a company associated with Christchurch businessman Mark Stewart. Florenz have offered 80 cents per share, a 67%…
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Annual Meeting Report, November 6th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Property Revenue $113.6m $127.4m $150.5m $151.0m $154.9m 3% Net Property Income $109.7m $123.0m $145.2m $144.6m $148.9m 3% Operating Profit $51.1m $56.5m $69.5m $74.0m $77.4m 5% Revaluations $267.4m $305.8m -$205.1m -$182.1m -$96.7m n/a NPAT $278.4m…
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Annual Meeting Report, October 31st 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $952m $641m $925m $928m $825m -11% Operating Revenue $713m $556m $856m $861m $821m -5% EBITDA $317.3m $97m $166m $138m $216m 56% NPAT $156.1m -$33.6m $7.9m -$143.3m $29.2m n/a EPS1 $0.205 -$0.04 $0.01 -$0.19…
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Annual Meeting Report, October 30th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $9,210m $10,734m $12,237m $13,189m $12,282m -7% Cost of Goods Sold $8,847m $10,328m $11,339m $12,583m $11,726m -7% NPAT2 $185.3m $203m $263m $273m $216m -21% EPS1 $1.13 $1.07 $1.32 $1.41 $1.06 -25% Inventory Turnover 11.62…
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Annual Meeting Report, October 30th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $801m $873m $1,122m $1,209m $1,290m 7% EBITDA $187.6m $184.9m $214.9m $229.1m $248.6m 9% NPAT $49.6m $70.1m $75.3m $70.9m $80.1m 13% EPS1 $0.299 $0.423 $0.424 $0.396 $0.447 13% PE Ratio 42 23 20 24…
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Annual Meeting Report, October 30th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $356.8m $349m $348m $302m $289m -4% Operating Profit $13.4m $8.7m $2.1m -$35.1m -$3.0m n/a NPAT2 $0.9m -$4.2m -$5.8m -$47.2m -$14.9m n/a EPS1 $0.01 -$0.036 -$0.056 -$0.377 -$0.122 n/a PE Ratio 175 n/a n/a…
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Annual Meeting Report, October 31st 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $732m $973m $1,245m $1,064m $948m -11% Gross Profit $270m $389m $444m $375m $325m -13% Gross Profit Margin 37% 40% 36% 35% 34% -3% Operating EBITDA $104m $197m $163m $99m $58.5m -41% NPAT $64.8m…
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Annual Meeting Report, October 31st 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $338.3m $375.2m $420.9m $417m $465m 11% Operating Profit $177.1m $193m $210m $199m $228m 15% NPAT $102.4m $111.3m $117.1m $90.8m $173.4m 91% EPS1 $0.15 $0.164 $0.172 $0.133 $0.255 91% PE Ratio 46 40 33…
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