Bremworth (BRW)•FY26•Released 25 February 2026Revenue halved to $44.7m as cash burn deepened and working capital balloonedA likely equity injection lifted cash to $17.8m and rebuilt equity, but inventory days doubled to 211 and pre-lease FCF swung to a $7.3m outflow.Published 22 April 2026Read briefing→
Bremworth (BRW)•FY25•Released 1 September 2025Revenue up 20% but Bremworth swung to a $4.0m FY25 lossA strong H2 turnaround and a $30.8m swing in operating cash flow sit against a depleted cash pile, new borrowings, and an H1-driven annual loss.Published 22 April 2026Read briefing→
Bremworth (BRW)•HY25•Released 28 February 2025NPAT loss widened 5x to NZ$8.1m as inventory build drained cash to NZ$7.5mRevenue grew 8% but carpet margin compression and a NZ$14.5m inventory build pushed operating cash outflow to NZ$21.8m and cut the cash balance by...Published 22 April 2026Read briefing→
Bremworth (BRW)•FY24•Released 29 August 2024Bremworth NPAT halved to NZ$4.6m on 10.5% revenue decline, operating cash...Stated recovery from cyclone-related inventory depletion produced a profit but a deep operating cash outflow, partially funded by a larger equity...Published 22 April 2026Read briefing→
Bremworth (BRW)•HY24•Released 29 February 2024Bremworth swung to a NZ$1.7m loss as operating cash outflow widened to NZ$15.8mA 20% revenue decline and sharply weaker cash conversion were masked by an equity-funded balance sheet, with no current-period EBITDA disclosed.Published 22 April 2026Read briefing→
Bremworth (BRW)•FY23•Released 1 March 2023Bremworth swung to a $0.8m loss as inventory built $8.0m and cash fell 44%A 3.2% revenue decline tipped PBT into negative territory while a sharp inventory build drained $8.1m of cash despite minimal capex step-up.Published 22 April 2026Read briefing→
Bremworth (BRW)•FY22•Released 25 February 20221H22: PBT down 35.6% as operating cash swings from +$16.2m to -$1.4mWool-only strategy held margins, but inventory and receivable build reversed prior-year cash generation despite EBITDA still positive.Published 22 April 2026Read briefing→
Bremworth (BRW)•HY22•Released 25 February 2022Bremworth HY22: revenue down 19% and operating cash flow swings to a NZ$1.4m...First half under the all-wool strategy delivers a NZ$1.0m NPAT, but receivables jumped 46% and free cash flow turned NZ$3.0m negative.Published 21 April 2026Read briefing→