Burger Fuel Group (BFG)•FY26•Released 29 May 2026EBITDA margin hit 18.4% — nearly 5 points above BFG's historical meanA one-off store-sale gain and lower legal costs flattered all earnings lines, so the durability of record-high margins is the key question for FY27.Published 29 May 2026Read briefing→
Burger Fuel Group (BFG)•HY26•Released 28 November 2025NPAT up 93.7% on a flat top line, with cash conversion swinging to 87.7%Margin expansion and a NZ$524.2m working-capital release lifted earnings quality, but the prior comparable was unusually weak.Published 22 April 2026Read briefing→
Burger Fuel Group (BFG)•FY25•Released 30 May 2025FCF collapsed from $2.4m to $0.3m as capex tripled and OCF fell 43%Reported NPAT of $1.0m masks sharply weaker cash generation, leaving cash reserves down to $4.8m from $9.6m with no dividend declared this period.Published 22 April 2026Read briefing→
Burger Fuel Group (BFG)•HY25•Released 29 November 2024Cash conversion at unprecedented 21.5% as cash reserves halvedRevenue slipped 1.3% while a $0.2M shareholder-litigation cost helped drive PBT down 20.2% and operating cash flow down 79.1%.Published 22 April 2026Read briefing→
Burger Fuel Group (BFG)•FY24•Released 30 May 2024BurgerFuel NPAT up 47% on 13.6% revenue growth, OCF slipped 5%FY24 is the strongest result since BFG's 2007 listing, but OCF/EBITDA conversion fell from 93.8% to 81.3% as cash did not track earnings.Published 22 April 2026Read briefing→
Burger Fuel Group (BFG)•HY24•Released 24 November 2023Working-capital release lifted cash as tax jump trimmed NPAT growth to 5.2%An unusual $0.7M working-capital release pushed cash conversion to 87.0% while the effective tax rate climbed from 26.0% to 31.0%, holding NPATPublished 22 April 2026Read briefing→
Burger Fuel Group (BFG)•FY23•Released 30 May 2023BurgerFuel FY23 NPAT up 56% on 24.8% revenue rebound to pre-Covid levelsCash conversion jumped to 93.8% of EBITDA and ROE climbed to 7.6%, but prior-period comparability is distorted by unit-scale reporting differences.Published 22 April 2026Read briefing→
Burger Fuel Group (BFG)•HY23•Released 25 November 2022Revenue +13.7% and NPAT +36.5% on post-COVID royalty recoveryOperating revenue lifted to $10.7m with EBITDA margin steady at 15.3% and $7.4m of cash held against no material debt.Published 22 April 2026Read briefing→
Burger Fuel Group (BFG)•HY22•Released 26 November 2021Revenue up 16% but OCF swings to –NZ$0.2m as inventory builds to a record highStrong system-sales growth failed to translate into cash, with inventory days hitting an unprecedented 13.3 days against a historical mean of 9.7Published 22 April 2026Read briefing→