Annual Meeting Report, October 20th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $349m $356.8m -2% Operating Profit $8.7m $13.4m -35% NPAT2 -$4.2m $0.9m n/a EPS1 -$0.036 $0.01 n/a PE Ratio n/a 175 Capitalisation $145m $130m 12% Current Ratio 1.17 0.46 157% Debt Equity 3.48 7.9 -56% Operating CF…
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Annual Meeting Report, October 27th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $40.1m $35.4m 13% Gross Profit n/a $21.9m n/a EBITDA $4.5m $4.2m 7% NPAT $2.6m $2.0m 26% EPS1 $0.174 $0.139 25% PE Ratio 14 21 Capitalisation $35.9m $43.0m -17% Current Ratio 1.61 1.27 27% Debt Equity 1.51…
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Annual Meeting Report, October 26th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $965m $947m 2% EBITDA $675m $649m 4% NPAT $64m $47m 36% EPS1 $0.143 $0.105 36% PE Ratio 53 62 Capitalisation $3.4b $2.9b 15% Current Ratio 0.50 0.44 15% Debt Equity 4.68 5.18 -10% Operating CF $570m…
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Annual Meeting Report, October 25th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 AUD 2021 AUD (restated) Change Revenue3 $604m $574m 5% Gross Profit $393.7m $366.9m 7% Gross Profit Margin 65% 64% 2% NPAT $47.6m $41.0m 14% EPS1 $0.12 $0.106 14% PE Ratio 11 8 Capitalisation $497m $342m 45% Inventory Turnover 1.19…
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Annual Meeting Report, October 20th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $300m $281m 7% EBITDAFI $145m $172m -16% Investment Property value change $204 527m -61% NPAT $192m $464m -59% EPS1 $0.13 $0.315 -59% PE Ratio 59 24 Capitalisation $11.4b $11.1b 2% Current Ratio 0.12 0.39 -68% Debt…
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Annual Meeting Report, October 20th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $973m $732m 33% Gross Profit $389m $270m 44% Gross Profit Margin 40% 37% 8% Operating EBITDA $197m $104m 90% NPAT $124m $64.8m 91% Inventory Turnover2 2.14 2.41 -11% EPS1 $0.944 n/a n/a PE Ratio 9 n/a…
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Annual Meeting Report, October 18th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $3,703m $3,963m -7% Operating Expenses $2,994m $3,271m -8% EBITDAF $709m $692m 2% NPAT $664m $428m 55% EPS1 $0.257 $0.167 54% PE Ratio 29 32 Capitalisation $13b $13.3b -2% Current Ratio 1.48 0.83 80% Debt Equity 0.70…
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The woes of a2 Milk have been well documented over the past 18 months. What exactly might the future hold? Back in the June 2021 edition of Scrip, NZSA CEO Oliver Mander made more than a few comments about a2 Milk (NZX: ATM). His article set out the timeline or downgrades that frustrated investors and…
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NZSA has been vocal about the relevance of the Fonterra Shareholders’ Fund (FSF). We were supportive of Chair John Shewan’s call for Fonterra Co-operative Group (FCG) to buy out the Fund. This was further highlighted by changes to the FCG constitution approved by shareholders in December 2021; among other changes, this reduced the maximum possible…
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The Heartland Group promotes itself as the leaders in digital banking. From my limited interactions with Heartland Bank (NZX: HGH) I am prepared to accept that is true. Perhaps that is why, while rejecting everything I read on social media unless it is about the current All Black coach, I did pause when I read…
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