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Marlin Global (MLN) briefings

Read that company's published results in release order, newest first.

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Showing 1-10 of 10 published briefings.

Marlin Global (MLN)•HY26•Released 16 February 2026

Marlin's portfolio returned 3.0% against an unprecedented 14.0% benchmark

Manager underperformance widened to 11.0pp and NAV per share fell 8.3% even as the absolute portfolio result stayed within historical norms.

Published 22 April 2026

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Marlin Global (MLN)•FY25•Released 18 August 2025

Portfolio return of $5.9m lagged an unprecedented 50% benchmark

Investment income held above the historical baseline at $1.2m, but portfolio total return fell 86.3% while the benchmark posted a record 50% gain.

Published 22 April 2026

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Marlin Global (MLN)•HY25•Released 21 February 2025

Marlin's 3.7% portfolio return lagged the 10.5% benchmark by 6.8 points

NTA per share rose 8.5% to $1.02 and dividend income hit an unprecedented $0.9m, but benchmark underperformance is the central read.

Published 22 April 2026

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Marlin Global (MLN)•FY24•Released 19 August 2024

NPAT up 57.6% to $37.2m on a $42.9m portfolio total return

Strong absolute gains came against a benchmark return of 15.2%, which sits at the lower edge of Annolyse's historical range.

Published 22 April 2026

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Marlin Global (MLN)•HY24•Released 22 February 2024

NPAT swung to NZ$10.2m on NZ$12.4m portfolio total return

An above-range portfolio result drove the swing to profit, but running investment income of NZ$0.4m covers only 7.9% of distributions paid.

Published 22 April 2026

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Marlin Global (MLN)•FY23•Released 22 August 2023

Portfolio swung to NZ$27.6m total return but NTA stayed near lower edge

NPAT rebounded to NZ$23.6m and NTA per share rose 4.5% to NZ$0.93, yet net assets of NZ$192.8m remain at the lower edge of Marlin's recent range.

Published 22 April 2026

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Marlin Global (MLN)•HY23•Released 17 February 2023

Portfolio returned -6.5% versus benchmark +6.3% as NTA fell to $0.80

Active management lagged the benchmark by 12.8 percentage points as net assets dropped 33.1% and the interim distribution was cut to 1.66cps.

Published 22 April 2026

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Marlin Global (MLN)•FY22•Released 22 August 2022

NTA per share fell 30.5% on an unprecedented NZ$58.5m portfolio loss

An unprecedented portfolio markdown left FY22 distributions covered only 5.7% by investment income, with NTA falling from $1.28 to $0.89 per share.

Published 22 April 2026

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Marlin Global (MLN)•HY22•Released 28 February 2022

NTA hit a record NZ$1.26 but the portfolio trailed its benchmark by 2.7pp

Active management delivered a 1.5% return against a 4.2% benchmark while distributions of 5.06 cents ran at 132.4% of NPAT.

Published 22 April 2026

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Marlin Global (MLN)•FY21•Released 24 August 2021

Portfolio return of 46.7% beat benchmark by 8.9pp, NTA up 24.3%

A record $69.2m NPAT reflects $77.3m of net investment gains, but recurring dividend income remains a small slice of total return.

Published 22 April 2026

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