Annual Meeting Report, July 30th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 (re-stated) 2025 2026 Change Revenue $231.1m $247.2m $265.5m $260.6m $267.1m 3% NPAT $61.1m $15.4m $31.5m $30.4m $0.1m n/a EPS $0.086 $0.022 $0.043 $0.042 $0.00 n/a Fair value gain/loss $63.5m $21.4m $60.8m $90.2m $32.8m -64% PE Ratio 12…
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Annual Meeting Report, 31 July 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $130.3m $156.6m $195.4m $208.0m $255m 22% NPAT1 $19.8m $10.6m $15.6m $11.4m $14.1m 24% EPS $0.19 $0.102 $0.149 $0.109 $0.134 24% Inventory Turnover 2.04 2.20 2.34 2.38 2.35 -1% Gross Margin 47% 47% 45%…
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Annual Meeting Report, July 30th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $5,218m $5,675m $4,717m $5,236m $5,384m 3% NPAT $355.4m $426.5m $208.7m $274.3m $251m -9% EPS $3.53 $4.24 $2.07 $2.72 $2.49 -9% PE Ratio 20 17 34 26 25 Capitalisation $7.9b $7.1b $7.0b $7.1b $6.3b…
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Annual Meeting Report, July 27th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Property Revenue $187.8m $213.8m $244.1m $278.0m $223.1m -20% Fair Value Movement $660.4m -$237.7m -$478.4m $11.1m $59.7m 438% NPAT $748.6m -$135.4m -$564.9m $109.6m $248.0m 126% EPS $0.536 -$0.096 -$0.403 $0.073 $0.162 126% PE Ratio 4…
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Annual Meeting Report, July 14th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 (restated) 2023 2024 2025 2026 Change Revenue $478.1m $493.6m $503.9m $523.8m $546m 4% NPAT $33.8m $50.5m $15.5m $20.7m $25.9m 25% Profit attributable to shareholders $24.6m $45.2m $11.8m $16.0m $20.4m 28% EPS $0.171 $0.315 $0.082 $0.111 $0.142 28% PE Ratio…
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Annual Meeting Report, July 8th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Operating Revenue $89.0m $94.6m $98.8m $97.7m $88.5m -9% Management Fees $24.3m $23.3m $19.8m $20.4m $22.9m 12% Gross Profit $46.5m $53.5m $50.8m $49.3m $41.7m -15% NPAT $112.3m -$116.7m -$52.0m $21.7m $31.3m 44% EPS1 $0.208 -$0.215…
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Annual Meeting Report, June 30th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Revenue $18.9m $48.0m $71.2m $90.5m $120.9m 34% NPAT -$36.0m -$30.5m -$15.7m -$20.8m -$17.7m n/a EPS -$0.30 -$0.25 -$0.13 -$0.17 -$0.14 n/a PE Ratio n/a n/a n/a n/a n/a Capitalisation $438m $270m $377m $392m $181m…
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Annual Meeting Report, June 26th 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Rental Income $67.9m $71.0m $72.8m $76.1m $81.0m 6% Change in Valuation $91.5m -$185.3m -$98.8m $13.4m $2.2m n/a NPAT $118.2m -$150.2m -$67.1m $38.4m $31.7m -17% EPS $0.321 -$0.408 -$0.18 $0.102 $0.084 -17% PE Ratio 5…
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Annual Meeting Report, June 23rd 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 2025 2026 Change Operating Revenue $131.6m $144.5m $153.2m $155.7m $159.8m 3% Revaluation Gains $163.6m -$146.5m -$112.7m $72.7m $58.5m -20% NPAT $236.1m -$80.8m -$55.3m $125.9m $127.7m 1% EPS1 $0.279 -$0.095 -$0.065 $0.149 $0.146 n/c PE Ratio 4 n/a…
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Annual Meeting Report, June 23rd 2026 Click here for NZSA Assessment and Voting Intentions Metric 2022 (re-stated) 2023 2024 2025 2026 Change Operating Revenue $255.9m $259.1m $244.7m $263.7m $271.4m 3% EBITDA $154.7m $173.6m $156.3m $173.1m $180.2m 4% Fair value gain/loss $128m -$353m -$77.8m -$11.6m -$37.8m n/a NPAT $224m -$228m -$2.1m $57.0m $50.4m -11% EPS $0.143…
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