NZSA Disclaimer Branch Event Report, November 13th 2024 On 13 November, our guest speaker was Carl Carrington, CEO, NZ King Salmon. He is a former CEO of Moana New Zealand and has had a broad governance career focused primarily on food, beverage, and seafood sectors. The Chinook salmon, also known as King salmon, is the…
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Annual Meeting Report, Feb 21st 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 (re-presented) 2022 (re-presented) 2023 Change Revenue $315.3m $327.9m $347.3m $388.4m 12% Underwriting Profit $30.3m $22.5m $23.5m -$11.7m n/a NPAT2 $10.8m $19.3m $18.8m -$1.2m n/a EPS1 $0.027 $0.046 $0.050 -$0.003 n/a PE Ratio 27 15 15 n/a Capitalisation $286.7m…
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Annual Meeting Report, May 28th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $172m $164.8m $144.2m $145.7m 1% Hotel Revenue $64.1m $55.2m $65.2m $101.1m 55% NPAT1 $46.0m $40.0m $21.7m $21.6m -1% EPS1 $0.29 $0.253 $0.137 $0.136 -1% PE Ratio 8 9 16 14 Capitalisation $266m $226m $196.4m…
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Annual Meeting Report, Apr 24th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Operating Revenue $172.4m $205.3m $238.7m $272.2m 14% Fair Value Movement $222.1m $540.9m $268.8m $441.6m 64% NPAT $230.8m $543.6m $225.4m $436.3m 62% EPS1 $1.01 $2.36 $1.16 $1.86 61% PE Ratio 12 5 8 6 Capitalisation $2,751m…
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Annual Meeting Report, Apr 30th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 (restated) 2022 2023 Change Revenue2 $245.7m $3.1m $88.2m $130.7m 48% EBITDA2 $50.4m -$2.8m $57.5m $87.2m 52% NPAT -$198.3m -$552.6m $11.9m $27.6m 67% EPS1 -$0.63 -$1.49 $0.032 $0.064 99% PE Ratio n/a n/a 47 24 Capitalisation $376m $562m $576m…
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Annual Meeting Report, May 29th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $36.9m $64.2m $74.3m $66.5m -10% NPAT -$2.2m $5.4m $3.3m -$3.5m n/a Gross Profit Margin 29% 28% 28% 30% 8% Inventory Turnover 6.41 11.56 7.97 5.24 -34% EPS1 -$0.005 $0.013 $0.008 -$0.008 n/a Share price…
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Annual Meeting Report, Apr 18th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Operating Revenue $251.5m $309.6m $348.4m $300.9m -14% EBITDA $42.9m $56.8 $46.1m $26.0m -44% Gross Profit Margin 21% 24% 20% 16% -17% NPAT $15.2 $14.9 $6.5m -$14.5m n/a EPS $0.47 $0.37 $0.155 -$0.345 n/a PE Ratio…
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NZSA Disclaimer Oliver Mander was a panellist at the IoD conference focusing on this topic. The conference was conducted under ‘Chatham House rules’ – so while this article reflects the author’s thoughts, it does not necessarily reflect the full panel discussion. If you’re interested in some of the views from the panel, check out this…
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Annual Meeting Report, May 24th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $925m $1,114m $1,298m $1,395m 7% Gross Profit $163m $202m $221m $229.9m 8% NPAT $30.9m $51.8m $32.1m $16.3m -49% Gross Profit Margin 18% 18% 17% 16% -3% Inventory Turnover 52.49 46.95 45.45 51.91 14% EPS1…
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Annual Meeting Report, May 28th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $88.6n $91.9m $67.1m $28.1m -57% Cost of Sales $43.3m $44.9m $20.5m $10.9m -54% Gross Profit $41.8m $43.4m $43.3m $19.9m -57% NPAT $30.1m $31.3m $31.1m $13.5m -57% Gross Profit Margin 51% 51% 71% 71% n/c…
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