Scrip Magazine Issue: August 2024

Turners Automotive Limited – 2024 Annual Meeting Report

Annual Meeting Report, September 18th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Revenue $303.5m $344.5m $389.6m $420.0m 7% NPAT $26.9m $31.3m $32.6m $33.0m 1% EPS $0.314 $0.363 $0.376 $0.373 -1% PE Ratio 14 10 10 9 Capitalisation $314m $316m $379.9m 24% Current Ratio 4.35 4.21 3.09 4.55…
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Capital Raise – a tough time for retail investors?

NZSA Disclaimer Over the last week, we have seen announcements of capital raise from both Auckland Airport (AIA) and – earlier today – Fletcher Building (FBU). Both have elements that are uncomfortable for retail investors who are unable (or unwilling) to participate. NZSA has long advocated – and prefers – a renounceable, pro-rata structure. We…
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Cooks Coffee Company Limited – 2024 Annual Meeting Report

Annual Meeting Report, September 10th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $1.7m $7.4m $6.6m $4.7m -29% Other Income $1.0m $0.6m $0.4m $0.2m -64% NPAT -$2.5m $0.00 -$3.2m -$6.4m n/a EPS1 -$0.004 -$0.008 -$0.055 -$0.106 n/a PE Ratio n/a n/a n/a n/a Capitalisation $26.4m $20.3m…
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Truscreen Limited – 2024 Annual Meeting Report

Annual Meeting Report, September 3rd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($000’s) 2022 ($000’s) 2023 ($000’s) 2024 ($000’S Change Revenue $1,133 $1,678 $1,662 $2,108 27% NPAT -$3,490 -$7,893 -$2,402 -$2,051 n/a Capitalisation $22.9m $18.1m $12.1m $9.4m -22% EPS1 -$0.01 -$0.022 -$0.006 -$0.004 n/a PE Ratio n/a n/a n/a n/a Current…
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Syft Technologies Limited – 2024 Special Meeting Report

Special Meeting Report, August 26th 2024 Click here for NZSA Assessment and Voting Intentions Syft Technologies Ltd (Syft) held a Special Shareholders Meeting on Monday 26 August 2024.  It was a virtual only meeting. Syft is listed on the Unlisted Securities Exchange (USX). The company is a manufacturer and provider of Selected Ion Flow Tube Mass…
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Argosy Property Limited – 2024 Annual Meeting Report

Annual Meeting Report, June 18th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $133.5m $131.6m $144.5m $153.2m 6% Revaluations Gains $157.6m $163.6m -$146.5m -$112.7m n/a NPAT $241.7m $236.1m -$80.8m -$55.3m n/a EPS1 $0.288 $0.279 -$0.095 -$0.065 n/a PE Ratio 5 4 n/a n/a   Share price…
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Stride Property Limited – 2024 Annual Meeting Report

Annual Meeting Report, July 3rd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $66.4m $89.0m $94.6m $98.9m 5% Management Fees $24.2m $24.3m $23.3m $19.9m -15% Gross Profit $40.4m $46.5m $53.5m $50.8m -5% NPAT $131.9m $112.3m -$116.7m -$56.1m n/a EPS1 $0.279 $0.208 -$0.215 -$0.103 n/a PE Ratio…
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Accordant Limited – 2024 Annual Meeting Report

Annual Meeting Report, August 30th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 (restated) 2022 2023 2024 Change Revenue $206.8m $221.5m $227.4m $212.4m -7% NPAT $6.2m $3.0m $2.0m -$10.0m n/a EPS1 $0.181 $0.087 $0.058 -$0.292 n/a Capitalisation $54.9m $64.2m $48.1m $23.7m -43% PE Ratio 9 21 24 n/a Current Ratio 0.99 1.05…
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Xero Limited – 2024 Annual Meeting Report

Annual Meeting Report, August 22nd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Revenue $848.8m $1,097m $1,400m $1,714m 22% Gross Profit $730m $957m $1,222m $1,511m 24% Operating Surplus $61.7m $41.9m -$59.8m $239.6m n/a NPAT $19.8m -$9.1m -$113.5m $224.1m n/a EPS $0.134 -$0.061 -$0.75 $1.47 n/a Subscribers 2.74m 3.27m…
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Burger Fuel Group Limited – 2024 Annual Meeting Report

Annual Meeting Report, August 29th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $18.6m $19.3m $22.8m $25.9m 14% EBITDA $3.1m $2.6m $3.4m $3.6m 6% NPAT $0.7m $0.6m $0.9m $1.3m 47% EPS1 $0.014 $0.011 $0.018 $0.026 47% PE Ratio 28 27 15 13 Capitalisation $20.1m $15.6m $13.3m…
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