Market cap
$7.8m
End-of-day close multiplied by current shares on issue.
Result releasedAnnolyse analysis published
Me Today FY26: discontinued profit offsets the continuing loss
Source-reviewed annual statements; NZD reporting currency and matching FY25 comparative bases retained.
MEE revenue trajectory
Revenue context before the current result.
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MEE Operating profit margin
Operating profit margin across covered periods.
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- HY24 MEE HY: Outside range low ebitda margin. -97.7%; 4-period range -85.4% to -32.4%. EBITDA margin: -97.7%, below normal range; 4-period mean -60.3%, range -85.4%--32.4%.
- HY26 MEE HY: Unprecedented high ebitda margin. -32.4%; 4-period range -97.7% to -47.9%. EBITDA margin: -32.4%, unprecedented high; 4-period mean -76.6%, range -97.7%--47.9%.
- FY24 MEE FY: Outside range low ebitda margin. -89.1%; 4-period range -68.3% to -20.6%. EBITDA margin: -89.1%, below normal range; 4-period mean -54.5%, range -68.3%--20.6%.
- FY26 MEE FY: Unprecedented high ebitda margin. -20.6%; 4-period range -89.1% to -63.8%. EBITDA margin: -20.6%, unprecedented high; 4-period mean -71.6%, range -89.1%--63.8%.
MEE operating cash flow
Operating cash flow across covered periods.
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MEE working-capital movement
Operating working-capital absorption or release by reporting period.
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- HY22 MEE: Outside range high operating working-capital movement. $14.7m; 3-period range $-1.1m to $1.4m. Operating working-capital movement: NZ$14.7m, above normal range; 1/3 prior periods had builds averaging NZ$1.4m, and 2 had releases averaging NZ$-1.0m.
- HY25 MEE: Outside range low operating working-capital movement. $-1.1m; 3-period range $-1m to $14.7m. Operating working-capital movement: NZ$-1.1m, below normal range; 2/3 prior periods had builds averaging NZ$8.0m, and 1 had releases averaging NZ$-1.0m.
Market context
Valuation
These ratios pair a market close from around the result date with verified filing data. An unavailable metric means the required inputs were missing or unsuitable for comparison.
Prices as at close, 22 October 2026
Price and market cap
The latest close and share count context for the market price.
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Profitability multiples
How the market price compares with recent earnings and cash-flow inputs.
P/E
2.87x
Recent market cap compared with trailing earnings.
EPS
0.03
Recent filing-derived earnings per share.
PEG
Not available
Not available for this company right now.
EV/EBITDA
Not available
Not meaningful when recent EBITDA is negative.
P/FCF
Not available
Not meaningful when free cash flow is negative or unavailable.
P/B
3.09x
Market value compared with latest reported equity.
Income and investment-company measures
Yield and investment-company valuation where supported.
Dividend yield
0.0%
Trailing dividends compared with the latest close.
Total return
Not available
Available once dividend and adjustment data are verified.
- Release date
- 27 August 2026
- Published
- 23 October 2026
Sections
Key metrics
Numbers worth scanning first
FY26 vs FY25
Revenue
$6.5m
Caveat: metric quality flags apply; use this value with basis context.
Net profit after tax
$2.7m
Caveat: metric quality flags apply; use this value with basis context.
Net cash inflow from operating activities
−$1.3m
-40.0% ↓ vs −$0.94m
Operating profit
−$1.3m
Caveat: metric quality flags apply; use this value with basis context.
Profit before tax
−$1.5m
Caveat: metric quality flags apply; use this value with basis context.
Cash and cash equivalents
$1.8m
+45.6% ↑ vs $1.3m
Total assets
$7.3m
-51.8% ↓ vs $15.2m
Analysis ofMEE FY26Result releasedAnnolyse analysis published
What changed
Me Today reported profit attributable to owners of NZ$2.660 million for FY26, compared with a NZ$6.016 million loss in FY25
Continuing operations remained loss-making: the continuing loss was NZ$1.462 million, compared with a re-presented NZ$2.367 million loss.
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| NZ$ million | FY26 | FY25 re-presented |
|---|---|---|
| Continuing revenue | 6.533 | 4.798 |
| Continuing profit/(loss) before tax | -1.462 | -2.367 |
| Continuing profit/(loss) after tax | -1.462 | -2.367 |
| Discontinued profit/(loss) after tax | 4.122 | -3.649 |
| Total profit/(loss) attributable to owners | 2.660 | -6.016 |
What matters
The continuing pre-tax loss margin improved to -22.38% from -49.33% on the re-presented FY25 revenue basis, an improvement of 26.94 percentage points
This is the disclosed continuing loss divided by continuing revenue in each period.
The income statement separately reports NZ$4.122 million of profit from discontinued operations. That amount more than offsets the continuing loss. FY25 has been re-presented, so its continuing-operation revenue and profit should be compared on the basis shown in the FY26 audited statement. The FY25 total loss of NZ$6.016 million is not its continuing-only loss. Tax expense and profit allocated to non-controlling interests are explicitly nil in both statement columns.
Total assets were NZ$7.328 million, compared with NZ$15.200 million. Liabilities fell to NZ$4.818 million from NZ$17.543 million, while equity moved from negative NZ$2.343 million to positive NZ$2.510 million.
Reported borrowings were NZ$2.250 million, compared with NZ$15.760 million. The cash-flow statement records equal NZ$2.250 million borrowing proceeds and repayments in FY26; the balance-sheet reduction should not be described as an equivalent net cash repayment of the prior debt balance. Share issuance generated NZ$2.340 million before NZ$0.163 million of issue costs.
Expectations
The result establishes an improvement in the continuing loss, but it does not establish that continuing operations have reached profitability
No quantified forward profit target is evaluated here. A sustainable improvement would require the remaining business to generate earnings and cash without relying on discontinued-operation gains or new equity.
Quality of result
The group used NZ$1.312 million of operating cash, compared with NZ$0.937 million
These totals include both continuing and discontinued operations. Investing activities used NZ$0.155 million, compared with generating NZ$0.044 million; financing activities generated NZ$2.025 million, compared with using NZ$0.752 million.
Cash increased by NZ$0.558 million before exchange-rate and other movements of NZ$0.016 million, taking closing cash to NZ$1.833 million from NZ$1.259 million.
Unresolved
Open questions
This briefing cannot assess the timing of a continuing-business turnaround or future financing from these statements.
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Informational only. No buy, sell, hold, price-target, or personal financial advice.
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Informational only. No buy, sell, hold, price-target, or personal financial advice.
Data appendix
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Sources
Current period
Me Today Limited audited FY26 annual report
FY26 / financial reportPrior comparable period
FY25 comparative in FY26 audited report (re-presented)
FY25 / financial reportRelated insights
Compare this result's metrics with other covered NZX companies.
Earnings quality and statutory distortions
This result includes a statutory earnings-quality distortion flag.
Leverage and balance-sheet risk
Net debt / EBITDA is -0.31x, +6.16x versus the prior comparable period.
Revenue growth context
Revenue growth was 36.2% for this reporting period.
Working-capital pressure
Inventory days were 149 days, -703 days versus the prior comparable period.
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