Argosy Property (ARG)•FY26•Released 20 May 2026Pre-lease FCF turned to -NZ$2.9m as capex outran operating cashOperating cash flow rose 14.2% but a 22.5% capex lift pushed pre-lease free cash flow to a five-year low.Published 20 May 2026Read briefing→
Argosy Property (ARG)•FY25•Released 20 November 2024HY25 interim NPAT $33.0m as revaluation turns positive; NTA edges to $1.46Period-shape mismatch against FY24 distorts growth rates; gearing rose to 37.2% with AFFO payout at 105%.Published 22 April 2026Read briefing→
Argosy Property (ARG)•FY24•Released 29 November 2023Property revaluations push NPAT to -$19.8m while operating profit grew 6.4%Operating profit and pre-lease FCF both improved, but fair-value losses dragged statutory equity down 11.5% to $1,287.8m.Published 22 April 2026Read briefing→
Argosy Property (ARG)•FY23•Released 22 November 2022HY23 interim result framed against FY22 full year distorts every comparisonThe period-shape mismatch makes the headline declines non-comparable, while FY23 dividend guidance of 6.65 cents per share is reiterated.Published 22 April 2026Read briefing→
Argosy Property (ARG)•FY22•Released 23 November 2021Argosy HY22 NPAT fell 47.5% as revaluation tailwind normalisedInterim profit halved against an unusually strong prior comparable, but rental cash flow, gearing and NTA all moved in the right direction.Published 22 April 2026Read briefing→
Argosy Property (ARG)•FY21•Released 19 May 2021NPAT more than doubled to $241.7m on portfolio revaluationsRental revenue rose 6.9% and operating cash flow climbed 47.9%, but the profit jump reflects valuation gains rather than rental growth.Published 22 April 2026Read briefing→