Scrip Magazine Issue: October 2023

Asset Plus Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 22nd 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $13.9m $11.9m $6.4m -47% NPAT $15.9m $2.9m -$14.0m n/a Fair value gain/loss $9.2m -$1.2m -$12.7m n/a EPS $0.044 $0.008 -$0.039 n/a PE Ratio 8 33 n/a Capitalisation $96.1m $96.1m n/c Current Ratio 6.89 6.04 9.54…
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Truescreen Group Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 29th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($000’s) 2022 ($000’s) 2023 ($000’s) Change Revenue $1,133 $1,678 $1,662 -1% NPAT -$3,490 -$7,893 -$2,402 n/a Capitalisation $22.9m $18.1m $12.1m -33% EPS1 -$0.01 -$0.022 -$0.006 n/a PE Ratio n/a n/a n/a Current Ratio 10.18 4.63 3.90 -16% Debt Equity…
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Xero Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 17th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $848.8m $1,097m $1,400m 28% Gross Profit $730m $957m $1,222m 28% Operating Surplus $61.7m $41.9m -$59.8m n/a NPAT $19.8m -$9.1m -$113.5m n/a EPS $0.134 -$0.061 -$0.75 n/a Subscribers 2.74m 3.27m 3.74m 17% Capitalisation $12.9b $18.8b 46%…
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End of the line for Mainzeal directors

With the benefit of hindsight, “Building Certainty” may not have been the best corporate strapline for Mainzeal. Although, perhaps the decision handed down by the Supreme Court last Friday August 25th might build certainty as to the changes required to our Companies Act. A legal process that began with liquidators (BDO) lodging claims with the…
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General Capital Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 24th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Gross Profit $2.3m $4.5m $7.7m 72% NPAT $0.08m $1.3m $2.3m 68% EPS1 $0.0005 $0.0063 $0.0062 -1% PE Ratio 112 9 12 Capitalisation $17.9m $11.9m $28.0m 169% Current Ratio 1.33 1.42 1.66 17% Debt Equity 6.16 6.60…
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Infratil Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 17th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($m) 2022 ($m) 2023 ($m) Change Share Price $8.09 $7.70 $10.20 32% Revenue $1,242m $1,129m $1,845m 63% NPAT (attributable) -$49.2m $1,169m $643.1 -45% EPS -$0.068 $1.65 $0.89 -100% PE Ratio n/a 5 11 n/a Capitalisation $5.4b $5.6b $7.4b 32%…
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Accordant Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 21st 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 (restated) 2022 2023 Change Revenue $206.8m $221.5m $227.4m 3% NPAT $6.2m $3.0m $2.0m -34% EPS1 $0.181 $0.087 $0.058 -34% Capitalisation $54.9m $64.2m $48.1m -21% PE Ratio 9 21 24 Current Ratio 0.99 1.05 1.00 -4% Debt Equity 1.25 1.49…
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Blis Technologies Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 17th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $10.8m $9.4m $10.5m 11% NPAT $0.6m -$2.7m -$1.4m n/a EPS $0.005 -$0.0021 -$0.0011 n/a PE Ratio 118 n/a n/a Capitalisation $39.5m $30.6m -23% Current Ratio 2.84 7.75 6.85 -11% Debt Equity 0.38 0.16 0.18 n/a…
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My Food Bag Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 17th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 (restated) 2022 2023 Change Share price $1.33 $0.83 $0.19 Revenue $190.7m $193.9m $175.7m -9% NPAT [i] $16.5m $20.0m $7.9m -61% EPS 1 $0.068 $0.083 $0.032 -61% PE Ratio 1 19 10 6 Capitalisation $322m $201m $46m -77% Inventory Turnover 143.27 73.89 56.34…
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Rakon Limited – 2023 Annual Meeting Report

Annual Meeting Report, August 18th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $130.8m $173.6m $180.7m 4% Gross Margin 47% 53% 49% -4% Gross Profit $61.5m $91.6m $89.2m -3% NPAT $9.6m $33.1m $23.2m -30% EPS $0.042 $0.145 $0.101 -30% PE Ratio 17 10 9 Capitalisation $217m $275m $206m…
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