Revenue halved to NZ$44.7m as Bremworth swings to a NZ$6.4m loss
A 49.7% revenue collapse pushed PBT to -NZ$6.3m and cash to NZ$17.8m, while debtor days blew out 30 days above the historical average.
Published 22 April 2026
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A 49.7% revenue collapse pushed PBT to -NZ$6.3m and cash to NZ$17.8m, while debtor days blew out 30 days above the historical average.
Published 22 April 2026
Read briefingPBT of NZ$18.6m exceeds gross profit of NZ$11.9m, signalling one-off items rather than core trading drove the headline result.
Published 22 April 2026
Read briefingRevenue rose 8.0% but a deliberate $14.5m woollen yarn pre-build drove a $21.8m operating cash outflow and widened the loss to $8.1m.
Published 22 April 2026
Read briefingFY24 NPAT of $4.6m sits against an insurance-boosted FY23 base, inventory days extended to 133, and cash fell $7.7m to $31.6m.
Published 22 April 2026
Read briefingA 20.0% revenue decline pushed Bremworth to a NZD 1.7m loss while inventory days climbed roughly 20 days, draining cash before a capital injection.
Published 22 April 2026
Read briefingInventories rose 38% to NZ$29.0m, lifting inventory days to 224.6, while PBT swung to -NZ$0.6m and cash fell 44% to NZ$10.4m.
Published 22 April 2026
Read briefingBremworth's wool-focused pivot lifted earnings despite a deliberate revenue retreat, but a NZ$7.7m working-capital build turned operating cash flow
Published 22 April 2026
Read briefingReported NPAT of $1.0m masks a near $19m operating cash reversal driven by a 45.9% jump in receivables and a higher capex spend.
Published 22 April 2026
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