Annual Meeting Report, May 26th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $91.9m $67.1m $28.1m $46.0m $38.1m -22% Cost of Sales $44.9m $20.5m $10.9m 19.2m $17.2m -11% Gross Profit $43.4m $43.3m $19.9m $29.8m $20.9m -30% NPAT $31.3m $31.1m $13.5m $15.4m $11.1m -28% Gross Profit Margin…
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Annual Meeting Report, May 20th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $1,376m $1,317m $1,348m $1,374m $1,577m 15% NPAT1 $8.8m -$0.9m -$46.6m -$9.9m $10.2m n/a EPS1 $0.072 -$0.045 -$0.417 -$0.131 $0.08 n/a PE Ratio 39 n/a n/a n/a 20 Capitalisation $348m $252m $227m $202m $304m…
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Annual Meeting Report, May 21st 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $98.1m $135.1m $143m $150m $164m 10% EBITDA $6.5m $10.6m $13.3m $21.6m $28.2m 31% NPAT -$9.9m -$20.9m -$13.9m -$0.6m $2.6m n/a Gross Profit Margin 63% 63% 63% 60% 58% -3% EPS1 -$0.042 -$0.092 -$0.059…
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Annual Meeting Report, Apr 15th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $309.6m $348.4m $300.9m $411.4m $439.6m 7% EBITDA $56.8 $46.1m $26.0m $76.1m $95.9m 26% Gross Profit Margin 24% 20% 16% 26% 29% 12% NPAT $14.9 $6.5m -$14.5m $8.8m $31.9m 265% EPS $0.37 $0.155 -$0.345…
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Annual Meeting Report, May 6th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 (restated) 2022 2023 2024 2025 Change Revenue2 $3.1m $88.2m $130.7m $139.8m $140m n/c EBITDA2 -$2.8m $57.5m $87.2m $95.1m $93.4m -2% NPAT -$552.6m $11.9m $27.6m $13.9m $11.8m -19% EPS1 -$1.49 $0.032 $0.064 $0.034 $0.029 -15% PE Ratio n/a 47 24…
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Annual Meeting Report, May 20th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 (6 months) 2024 2025 2026 Change Rental Income $8.2m $5.7m $15.4m $19.9m $22.3m 12% EBITDA $2.6m $4.2m $12.5m $16.1m $17.4m 8% NPAT $39.7m $5.3m $10.9m $23.1m $7.9m -66% Change in prop value $35.3m $2.3m $7.4m $23.9m -$0.2m n/a…
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NZSA Disclaimer There have been some interesting changes in relativity between some of New Zealand’s best known Growth funds over recent weeks. Growth funds, whether KiwiSaver or retail managed funds, are a staple diet for many long-term investors. Often, movements in fund unit prices are similar – unsurprising in the context of a typical growth…
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NZSA Disclaimer It has been a tough post-Covid reality check for the New Zealand economy, an underlying theme that is reflected in the performance of many of our consumer-facing listed companies. Many local companies remembered the difficulty they had in attracting staff in earlier periods during periods of economic benevolence, following cutbacks made during economic…
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Annual Meeting Report, May 7th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $744.4m $785.9m $792.0m $791.5m $799m 1% Gross Profit $340.6m $345.9m $335.8m $319.5m $313.4m -2% NPAT $87.9m $88.4m $84.2m $60.6m $59.2m -2% Gross Profit Margin 46% 44% 42% 40% 39% -3% EPS1 $0.395 $0.397…
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Annual Meeting Report, April 22nd 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $365.6m $365.9m $347.6m $350.6m $346m -1% EBITDA $78.8m $64.5m $54.6m $50.1m $56.3m 12% NPAT $34.4m $22.7m $12.2m -$16.0m $13.1m n/a EPS1 $0.174 $0.123 $0.066 -$0.086 $0.07 n/a PE Ratio 5 10 13 n/a…
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