Scrip Articles

Vital Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 18th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $30.7m $34.6m -11% Operating Costs $19.6m $20.9m -6% NPAT -$19.1m $0.8m n/a EPS1 -$0.46 $0.02 n/a PE Ratio n/a 35 Capitalisation $15.0m $29.0m -48% Current Ratio 0.52 0.54 -5% Debt Equity 2.42 1.11 118% Operating CF…
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Fletcher Building Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 26th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $8,498m $8,120m 5% NPAT $432m $305m 42% Gross Margin Pct 30% 29% 2% Inventory Turnover 4.45 4.81 -8% EPS1 $0.552 $0.371 49% PE Ratio 9 20 Capitalisation $4.0b $5.9b -32% Current Ratio 1.52 1.59 -5% Debt…
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Move Logistics Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 20th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $349m $356.8m -2% Operating Profit $8.7m $13.4m -35% NPAT2 -$4.2m $0.9m n/a EPS1 -$0.036 $0.01 n/a PE Ratio n/a 175 Capitalisation $145m $130m 12% Current Ratio 1.17 0.46 157% Debt Equity 3.48 7.9 -56% Operating CF…
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Solution Dynamics Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 27th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $40.1m $35.4m 13% Gross Profit n/a $21.9m n/a EBITDA $4.5m $4.2m 7% NPAT $2.6m $2.0m 26% EPS1 $0.174 $0.139 25% PE Ratio 14 21 Capitalisation $35.9m $43.0m -17% Current Ratio 1.61 1.27 27% Debt Equity 1.51…
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Chorus Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 26th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $965m $947m 2% EBITDA $675m $649m 4% NPAT $64m $47m 36% EPS1 $0.143 $0.105 36% PE Ratio 53 62 Capitalisation $3.4b $2.9b 15% Current Ratio 0.50 0.44 15% Debt Equity 4.68 5.18 -10% Operating CF $570m…
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Michael Hill International Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 25th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 AUD 2021 AUD (restated) Change Revenue3 $604m $574m 5% Gross Profit $393.7m $366.9m 7% Gross Profit Margin 65% 64% 2% NPAT $47.6m $41.0m 14% EPS1 $0.12 $0.106 14% PE Ratio 11 8 Capitalisation $497m $342m 45% Inventory Turnover 1.19…
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Auckland International Airport – 2022 Annual Meeting Report

Annual Meeting Report, October 20th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $300m $281m 7% EBITDAFI $145m $172m -16% Investment Property value change $204 527m -61% NPAT $192m $464m -59% EPS1 $0.13 $0.315 -59% PE Ratio 59 24 Capitalisation $11.4b $11.1b 2% Current Ratio 0.12 0.39 -68% Debt…
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Vulcan Steel Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 20th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $973m $732m 33% Gross Profit $389m $270m 44% Gross Profit Margin 40% 37% 8% Operating EBITDA $197m $104m 90% NPAT $124m $64.8m 91% Inventory Turnover2 2.14 2.41 -11% EPS1 $0.944 n/a n/a PE Ratio 9 n/a…
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Meridian Energy Limited – 2022 Annual Meeting Report

Annual Meeting Report, October 18th 2022 Click here for NZSA Assessment and Voting intentions Metric 2022 2021 Change Revenue $3,703m $3,963m -7% Operating Expenses $2,994m $3,271m -8% EBITDAF $709m $692m 2% NPAT $664m $428m 55% EPS1 $0.257 $0.167 54% PE Ratio 29 32 Capitalisation $13b $13.3b -2% Current Ratio 1.48 0.83 80% Debt Equity 0.70…
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There’s something about ‘dairy’…

The woes of a2 Milk have been well documented over the past 18 months. What exactly might the future hold? Back in the June 2021 edition of Scrip, NZSA CEO Oliver Mander made more than a few comments about a2 Milk (NZX: ATM). His article set out the timeline or downgrades that frustrated investors and…
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