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, 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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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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Annual Meeting Report, April 23rd 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $88.0m $95.7m $108.4m $120.8m $129m 7% EBITDA $34.4m $35.1m $38.9m $47.2m $51.7m 11% NPAT $15.0m $14.2m $13.6m $25.5m $21.5m -14% EPS1 $0.053 $0.045 $0.042 $0.078 $0.065 86% PE Ratio 26 27 24 21…
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Annual Meeting Report, April 21st 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $205.3m $238.7m $272.2m $319.9m $362m 13% Fair Value Movement $540.9m $268.8m $441.6m $372.6m $266m -29% NPAT $543.6m $225.4m $436.3m $339.8m $259.7m -24% EPS1 $2.36 $1.16 $1.86 $1.435 $1.072 -25% PE Ratio 5 8…
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Annual Meeting Report, April 16th 2026 Click here for NZSA Assessment and Voting Intentions This virtual-only meeting was called in advance of the usual AGM, to approve the participation of Hull interests in the capital raising announced on 30th March. Simon Hull’s family as founders hold 52.41% of shares, and would still hold over 50%…
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Annual Meeting Report, February 25th 2026 Click Here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $105.7m $126.3m $169.9m $213.2m $230m 8% Operating Expenses $93m $118.2m $146.7m $189.7m $202m 7% EBITDA $12.7m $8.1m $23.2m $23.6m $27.8m 18% NPAT $3.2m -$3.3m $10.0m $9.5m $20.9m 119% EPS1 $0.032 -$0.033 $0.098 $0.092…
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Annual Meeting Report, February 18th 2026 Click Here for NZSA Assessment and Voting Intentions Metric 2022 (restated) 2023 (restated) 2024 (restated) 2025 2026 Change Revenue $327.9m $347.3m $472.6m $555.8m $594.3m 7% Insurance Result $22.5m $23.5m -$7.9m $82.8m $105.2m 27% NPAT2 $19.3m $18.8m -$1.2m $74.3m $83.7m 18% EPS1 $0.046 $0.050 -$0.003 $0.196 $0.244 25% PE Ratio…
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