Vista Group International (VGL)•FY25•Released 27 February 2026EBITDA up 30.6% on 9.5% revenue growth as cash conversion lifts to 98.6%Operating leverage and the cloud transition delivered a return to profit, but heavy capitalised development still left free cash flow at -$0.9m.Published 29 April 2026Read briefing→
Vista Group International (VGL)•HY25•Released 14 August 2025Vista Group EBITDA jumps 38.9% as cloud demand outruns delivery capacityRevenue grew 10.6% to NZ$77.0m and operating cash flow more than tripled to NZ$14.1m, but the group remained loss-making at PBT.Published 23 April 2026Read briefing→
Vista Group International (VGL)•HY24•Released 6 August 2024EBITDA up 188% but OCF fell 52% and net cash buffer erasedThe reported earnings recovery is real, yet cash conversion dropped to 41.7% from 248% and Vista must deliver a sharp H2 cash reversal.Published 23 April 2026Read briefing→
Vista Group International (VGL)•HY23•Released 25 August 2023EBITDA margin compressed to 3.6% and PBT loss widened to NZ$9.9mRevenue gains were absorbed by transformation spend while NZ$11.3m capex turned operating cash improvement into a NZ$21.0m cash drawdown.Published 23 April 2026Read briefing→
Vista Group International (VGL)•HY21•Released 27 August 2021Debtor days hit 187.8 as cash conversion fell to 15.6%PBT improved 95.6% and EBITDA swung to a $6.4m profit, but receivables absorbed $13.3m and operating cash fell 94% to $1.0m.Published 23 April 2026Read briefing→
Vista Group International (VGL)•FY20•Released 1 March 2021Revenue fell 39.4% with receivables doubling and H2 cash burn negativeThe $67.1m cash balance reflects new borrowings rather than operating strength, with $13m of credit loss provisions absorbed in EBITDA.Published 23 April 2026Read briefing→
Vista Group International (VGL)•FY19•Released 27 February 2020Revenue up 10.5% but FCF swung to -$1.2m on capex and debtor buildOperating cash fell 43.8% as receivable days stretched to 142 and capex hit 11.6% of revenue, reversing prior strong cash generation.Published 23 April 2026Read briefing→