KMD Brands (KMD)•HY26•Released 31 March 2026Revenue up 7.3% but operating cash halved as KMD launches NZ$65.3m equity raiseLosses narrowed and Kathmandu improved, but cash conversion collapse, rising net debt and an unreconciled underlying EBITDA gap undercut the...Published 21 April 2026Read briefing→
KMD Brands (KMD)•FY25•Released 24 September 2025KMD Brands FY25: flat revenue, negative second-half EBITDAGross margin compression drove the loss deeper, while working-capital release rather than earnings carried the cash story.Published 20 April 2026Read briefing→
KMD Brands (KMD)•HY25•Released 26 March 2025KMD Brands HY25: flat revenue, deeper losses in Kathmandu and ObozWorking-capital release supported cash, but margin pressure and two loss-making brands left earnings still moving backwards.Published 20 April 2026Read briefing→
KMD Brands (KMD)•FY24•Released 25 September 2024KMD Brands PBT swings to -NZ$46.7m on 11.2% revenue declineOboz's ~-53% EBIT margin is swallowing group earnings while Rip Curl holds the business together; no dividend declared.Published 21 April 2026Read briefing→
KMD Brands (KMD)•HY24•Released 19 March 2024KMD Brands PBT collapsed 160% as revenue fell 14.5% across all three brandsKathmandu swung to a segment loss and wholesale destocking hit Rip Curl and Oboz, erasing any profit at the group level while dividend was suspended.Published 21 April 2026Read briefing→