Annual Meeting Report, September 25th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $2,517m $2,734m $6,330m $6,752m $6,755m n/c Operating Earnings $334m -$4m $1,286m $941m $926m -2% NPAT -$289m -$591m $412m $146m $126m -14% EPS1 -$0.257 -$0.175 $0.122 $0.043 $0.038 -12% PE Ratio n/a n/a 6…
Read more
Annual Meeting Report, September 16th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $2,573m $2,387m $2,118m $2,863m $3,439m 20% EBITDA $553m $537m $505m $675m $1,011m 50% NPAT $187m $182m $127m $235m $331m 41% EPS1 $0.241 $0.233 $0.162 $0.298 $0.412 38% PE Ratio 34 31 50 29…
Read more
Annual Meeting Report, September 19th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $2,045m $2,188m $2,730m $3,424m $3,498m 2% EBITDAF $463m $581m $830m $877m $786m -10% NPAT $141m $469m $103m $290m $1m -100% EPS1 $0.101 $0.335 $0.074 $0.207 $0.001 n/a PE Ratio 68 20 86 32…
Read more
Annual Meeting Report, September 17th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $248k $0.00 $0.00 $0.00 $0.00 n/a Operating Expenses $764k $1,067k $1.1m $1.4m $1.8m 32% NPAT -$518k -$5.7m -$2.7m -$1.8m $4.0m n/a EPS1 -$0.0002 -$0.0018 -$0.0064 -$0.0039 $0.0063 n/a Capitalisation $8.4m $9.6m $8.0m $8.2m…
Read more
NZSA Disclaimer Branch Event Report – Will you Outlive your Capital? September 2024 Ross Sheerin prepared and delivered a presentation on ‘de-cumulation’, an important but relatively neglected topic by the financial media. Surprisingly, for a topic very relevant to the age group of our member attendees, we only had 15 present which was personally disappointing…
Read more
Annual Meeting Report, September 15th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Rental Income $64.5m $67.9m $71.0m $72.8m $76.1m 5% Change in Valuation $139.3m $91.0m -$185.2m -$98.7m $12.0m n/a NPAT $156.3m $118.2m -$150.2m -$67.1m $38.4m n/a EPS $0.446 $0.321 -$0.408 -$0.18 $0.102 n/a PE Ratio 5…
Read more
Annual Meeting Report, September 10th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($USm restated) 2022 ($USm) 2023 ($USm) 2024 ($USm) 2025($USm) Change Revenue $43.6m $47.6m $56.1m $67.7m $63.2m -7% NPAT $3.2m $1.7m -$2.5m -$0.2m -$21.5m n/a EPS1 $0.006 $0.003 -$0.05 -$0.00 -$0.041 n/a Gross Margin 38% 37% 32% 35% 29% -19%…
Read more
Annual Meeting Report, September 11th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($000’s) 2022 ($000’s) 2023 ($000’s) 2024 ($000’S) 2025(000’s) Change Revenue $1,133 $1,678 $1,662 $2,108 $1,712m -19% NPAT -$3,490 -$7,893 -$2,402 -$2,051 -$2,243m n/a Capitalisation $22.9m $18.1m $12.1m $9.4m $12.1m 29% EPS1 -$0.01 -$0.022 -$0.006 -$0.004 -$0.004 n/a PE Ratio…
Read more
Annual Meeting Report, August 28th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2021 (restated) 2022 2023 2024 2025 Change Revenue $206.8m $221.5m $227.4m $212.4m $165.3m -22% NPAT $6.2m $3.0m $2.0m -$10.0m -$2.9m n/a EPS1 $0.181 $0.087 $0.058 -$0.292 -$0.084 n/a Capitalisation $54.9m $64.2m $48.1m $23.7m $9.6m -60% PE Ratio 9 21 24…
Read more
Annual Meeting Report, August 28th 2025 Click here for NZSA Assessment and Voting Intentions Metric 2020 2022 (restated) 2023 (restated) 2024 2025 Change Revenue $33.9m $48.1m $77.8m $96.5m $105.5m 9% Operating Expenses $26.3m $37.9m $59.4m $75.3m $88.9m 18% NPAT -$15.2m $2.1m $8.5m $8.4m -$.7m n/a EBITDA $7.6m $10.2m $18.4m $21.3m $16.6m -22% Capitalisation $190.3m $155m…
Read more