NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. Government debt is getting more expensive, and it’s not just about inflation. Bonds are one of the trickiest things to wrap your head around in financial markets. They should be easy given whoever’s…
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Annual Meeting Report, September 10th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Operating revenue $16.0m $30.8m $21.1m $25.2m $26.5m 6% Cost of Sales $6.1m $14.4m $8.4m $7.7m $5.3m -32% Gross Profit Margin 62% 53% 60% 69% 80% 16% NPAT -$7.8m -$7.9m -$15.0m -$16.3m -$7.5m n/a EPS1…
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Annual Meeting Report, September 22nd 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $18.8m $34.4m $48.2m $56.4m $70.2m 24% Operating Profit $0.8m $1.5m -$2.8m -$3.5m -$3.9m n/a NPAT $0.0m -$1.9m -$4.1m -$9.9m -$12.4m n/a EPS1 $0.00 -$0.003 -$0.005 -$0.009 -$0.011 n/a PE Ratio n/a n/a n/a…
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Annual Meeting Report, August 18th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 ($m) 2023 ($m) 2024 ($m) 2025 ($m) (restated) 2026 ($m) Change Share Price $7.70 $10.20 $10.64 $10.82 $15.39 40% Revenue $1,129m $1,845m $3,243m $3,350 $3,487m 4% NPAT (attributable) $1,169m $643.1 $854.0m -$249.8m $549.8m n/a EPS1 $1.65 $0.89 $1.03 -$0.315…
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Annual Meeting Report, September 16th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $0.00 $0.00 $0.00 $0.00 $53k n/a Operating and administration Expenses $1,067k $1.1m $1.4m $1.8m $2.3m 32% NPAT -$5.7m -$2.7m -$1.8m $4.0m -$2.3m n/a EPS1 -$0.0018 -$0.0064 -$0.0039 $0.0063 -$0.0028 n/a Capitalisation $9.6m $8.0m…
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Annual Meeting Report, September 15th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 ($USm) 2023 ($USm) 2024 ($USm) 2025 ($USm) 2026 ($USm) Change Revenue $47.6m $56.1m $67.7m $63.2m $68.2m 8% NPAT $1.7m -$2.5m -$0.2m -$21.5m -$7.5m n/a EPS1 $0.003 -$0.005 -$0.00 -$0.041 -$0.014 n/a Gross Margin (statutory) 37% 32% 35% 29% 29%…
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Annual Meeting Report, September 18th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $2,188m $2,730m $3,424m $3,498m $3,224m -8% EBITDAF $581m $830m $877m $786m $1,067m 36% NPAT $469m $103m $290m $1m $321m n/a EPS1 $0.335 $0.074 $0.207 $0.001 $0.225 n/a PE Ratio 20 86 32 n/a…
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NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. He worked at Chaffers Street New World in Wellington part-time after school in the late 1990s. Scratching the political grocery itch is missing the low-hanging fruit. Finance minister Nicola Willis had quite the…
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NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. He’s owned units of the Smart NZX50 exchange traded fund, Salt Funds Management’s long-short fund, and Milford Asset Management’s active growth and aggressive funds since January 2024. His KiwiSaver funds have been managed…
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NZSA Disclaimer Paul McBeth is the editor of The Bottom Line and Curious News, and previously worked at BusinessDesk for 15 years. He’s owned shares of Bremworth since January 2024. The Bremworth and 2 Cheap Cars deals provide a lesson in shareholder psychology. If you’re looking for a lesson in the twin parables of 2…
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