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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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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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 $28.0m 169% Current Ratio 1.33 1.42 1.66 17% Debt Equity 6.16 6.60…
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Annual Meeting Report, August 17th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($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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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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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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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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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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Annual Meeting Report, August 15th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Capitalisation $21.9m $25.4m $13.3m -48% Revenue $5.5m $5.9m $11.3m 90% Gross Margin 63% 54% -14% NPAT $1.04m $1.2m $0.4m -65% EPS1 $0.107 $0.118 $0.041 -65% PE Ratio 22 22 32 Current Ratio 1.70 2.01 1.24 -38%…
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It’s been an interesting last four weeks for Metro Performance Glass. The sequence of events was well-covered by media in July (and an NZSA Briefing commentary), beginning with the receipt of a non-binding indicative offer (NBIO) at $0.18 per share received by the company’s Board on the morning of July 18th. The offer was backed…
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