Scrip Magazine Issue: Feburary 2023

Foley Wines Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 17th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $55.9m $58.0m $57.7m -1% Gross Profit $19.9m $19.6m $19.5m n/c Gross Profit Margin 36% 34% 34% n/c NPAT $6.9m $3.9m $6.2m 60% Inventory Turnover 0.79 0.85 0.82 -4% EPS1 $0.105 $0.059 $0.094 60% PE Ratio…
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Allied Farmers Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 24th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 (restated) 2022 Change Operating Revenue $20.1m $24.4m $26.8m 10% Operating Profit $1.6m $2.9m $3.8m 34% NPAT2 $0.8m $2.0m $2.9m 42% EPS1 $0.046 $0.07 $0.10 42% PE Ratio 13 11 8 Capitalisation $10.2m $21.6m $21.6m n/c Current Ratio 1.30…
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The Warehouse Group Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 25th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 (restated) 2022 Change Retail Sales $3,173m $3,415m $3,294m -4% Gross Profit $1,035m $1,241m $1,164m -6% Operating Profit $90m $270m $159m -41% NPAT $44m $108m $87m -19% Gross Profit Margin 33% 36% 35% -3% Inventory Turnover 4.69 5.11 4.18…
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DGL Group Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 15th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 (restated) 2021 2022 Change Revenue $102.2m $154.5m $369.8m 139% Gross Profit $41.0m $60.8m $137.8m 148% NPAT $4.0m $47.2m $27.9m -41% Underlying NPAT $9.6m $33.6m 251% Gross Profit Margin 40% 39% 37% -5% EPS1 n/a $0.183 $0.10 -45% PE Ratio…
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Happy Valley Nutrition Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 21st 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Other Income $0.2m $0.04m 422% Operating Expenses $3.0m $3.2m -9% NPAT -$5.8m -$5.8m n/a EPS1 -$0.03 -$0.03 n/a Capitalisation $9.6m $19.6m -51% PE Ratio n/a n/a Current Ratio 0.22 0.76 -71% Debt Equity 2.63 1.29 104% Operating…
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Rural Equities Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 23rd 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $11.6m $13.1m $15.4m 17% Operating Income $5.0m $6.4m $6.8m 6% NPAT $2.3m $12m $12.8m 7% Adj in fair value -$1.7m $7.1m $7.6m n/a EPS1 $0.072 $0.403 $0.45 12% PE Ratio 67 14 14 Capitalisation $154m…
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Fonterra Shareholders Fund Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 15th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 (m) 2021 (m) 2022 (m) Change Revenue $20,282 $20,565 $22,953 12% Gross Profit $3,062 $2,984 $3,216 8% NPAT $686 $578 $661m 24% Gross Profit Margin 15% 15% 14% -3% EPS1 $0.426 $0.358 $0.362 1% PE Ratio 10 10 8…
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NZ Merino Company Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 31st 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Operating Revenue $197.3m $137.2m 44% Cost of Sales $174.8m $118.4m 48% Gross Profit Margin 11% 14% -17% NPAT2 $4.4m $4.3m 3% Inventory Turnover 9.50 9.47 n/c EPS12 $0.821 $0.813 1% PE Ratio 8 7 Current Ratio 2.79…
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Harmoney  Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 16th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $37.5m $39.1m $77.7m 99% Marketing Expense $15.1m $16.5m $22.1m 34% NPAT -$15.4m -$27.0m -$20.2m n/a Cash NPAT2     $0.2m n/a EPS1 -$0.206 -$0.29 -$0.20 n/a PE Ratio n/a n/a n/a Current Ratio 2.35 1.19…
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KMD Brands  Limited – 2022 Annual Meeting Report

Annual Meeting Report, November 16th 2022 Click here for NZSA Assessment and Voting intentions Metric 2020 2021 2022 Change Revenue $801.5m $922.8m 980.0m 6% EBITDA $149.5m $208.0m $180.0m -14% NPAT $8.9m $63.4m $36.8m -42% Gross Profit Margin 58% 59% 59% n/c Inventory Turnover 1.90 1.71 1.57 -8% EPS1 $0.011 $0.089 $0.051 -43% PE Ratio 106…
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