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NZX results archive

NZX company results and financial reports.

Read what changed in the latest company results, compare equivalent periods, and open issuer-labelled annual reports and other source documents where available.

Blackwell Global Holdings (RTO)FY25Released 29 May 2025

Loss narrowed 77.6% but operating cash burn widened as H2 deteriorated sharply

Blackwell Global reported a smaller full-year loss, but a severe H2 reversal and deepening cash burn raise questions about near-term survival runway.

Published 19 May 2026

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Mainfreight (MFT)FY25Released 29 May 2025

PBT fell 3.0% on 11.0% revenue growth as tax normalisation lifted NPAT 31.4%

The NPAT headline reflects effective tax falling from 47.2% to 28.5%; an Australian record offset profit declines across New Zealand, Asia

Published 29 April 2026

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Ryman Healthcare (RYM)FY25Released 29 May 2025

EBITDAF tripled to $45.5m but NPAT loss widened to -$436.8m

Operating recovery is overshadowed by a capex surge to 70.4% of revenue and a -$94.2m free cash outflow.

Published 28 April 2026

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Iperion (IPR)FY25Released 29 May 2025

Loss narrowed 45.3% but total assets fell to $0.5m unprecedented low

Zero revenue persisted while equity dropped 55.8% and the asset base hit a historical low, leaving runway as the dominant question.

Published 28 April 2026

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Goodman Property Trust (GNZ)FY25Released 29 May 2025

GMT swings from $564.9m loss to $109.6m profit on valuation reversal

Underlying property income rose 13.8% and operating cash flow lifted 43.9%, but NTA per unit barely moved as the revaluation cycle turned.

Published 22 April 2026

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Fisher & Paykel Healthcare (FPH)FY25Released 28 May 2025

Operating cash flow more than doubled to $548.6m as capex normalised

Revenue crossed $2.0bn for the first time and FCF reached 113.3% of NPAT, signalling earnings backed by cash after years of heavy capex.

Published 22 April 2026

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Infratil (IFT)FY25Released 28 May 2025

PBT fell 122.6% to a $212.1m loss despite 9.4% operating profit growth

Tax and non-operating items drove NPAT to -$286.3m even as revenue rose 11.7% and cash conversion weakened.

Published 22 April 2026

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Metro Performance Glass (MPG)FY25Released 27 May 2025

EBITDA halved as 2H slipped into loss; leverage hit 10.8x

A 51.1% narrower NPAT loss masks a 54.5% EBITDA decline, an 89% drop in operating cash flow, and second-half EBITDA that turned negative.

Published 22 April 2026

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Asset Plus (APL)FY25Released 27 May 2025

Assets down 38% to $118m as Asset Plus repays all debt and pays 5cps special

Operating cash flow turned negative and the statutory loss widened 7.5% to $5.7m, even as AFFO swung to a $0.5m profit.

Published 22 April 2026

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Turners Automotive Group (TRA)FY24Released 26 May 2025

Operating cash flow dropped to $29.7m from $66.8m on 7.0% revenue growth

Reported earnings looked steady, yet cash generation fell sharply and free cash flow no longer covers the declared dividend.

Published 14 May 2026

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Kiwi Property Group (KPG)FY25Released 26 May 2025

NPAT swung to $57.0m but operating cash fell 19%

A lower effective tax rate contributed to the headline earnings recovery while working capital absorbed $17.5m and the full-year dividend fell to 5.4c.

Published 22 April 2026

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General Capital (GEN)FY25Released 26 May 2025

Assets up 33.6% on funded growth, but ROE direction weakened

Balance-sheet expansion outpaced earnings, and an in-year acquisition broadens segment mix and limits clean year-on-year comparison.

Published 22 April 2026

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EROAD (ERD)FY25Released 26 May 2025

EROAD's cash conversion fell to 72.5% while capex cuts flattered free cash flow

PBT swung to +$0.2m (+102.9%) but operating cash conversion fell to 72.5% of EBITDA as working capital rose $15.2m to $40.5m.

Published 22 April 2026

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Savor (SVR)FY25Released 22 May 2025

PBT loss narrowed 49.5% while NPAT swung to a loss on tax normalisation

Revenue fell 8.4% and EBITDA dropped 17.2%, yet operating cash flow rose 10.9% as a smaller tax benefit drove NPAT into the red.

Published 23 April 2026

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Oceania Healthcare (OCA)FY25Released 22 May 2025

Capex jumped 354% to $132.4m, pushing FCF to -$22.1m

EBITDA rose 4.1% and a tax credit held NPAT, but a major capex step-up consumed operating cash and net debt sits at 7.2x EBITDA.

Published 22 April 2026

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My Food Bag Group (MFB)FY25Released 22 May 2025

Net debt cut $4.9m on stronger cash but PBT flat at $8.6m

Operating cash flow rose 35% to $13.2m and full-year dividend tripled to 1.5cps, while revenue and PBT were essentially flat.

Published 22 April 2026

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BLIS Technologies (BLT)FY25Released 22 May 2025

NPAT up 33% as operating cash flow jumped 70% on receivables release

Earnings grew on operating leverage and cash conversion strengthened to 178%, but 73% of NPAT and nearly all operating cash flow landed in the second

Published 22 April 2026

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Radius Residential Care (RAD)FY25Released 21 May 2025

PBT rose 191.7% to $10.5m as margins and cash conversion stepped up

Margin and cash-conversion gains look durable, but a prior-year tax distortion exaggerates the NPAT swing from a $8.5m loss to a $7.0m profit.

Published 23 April 2026

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Napier Port Holdings (NPH)HY25Released 21 May 2025

PBT up 24.8% on unprecedented 36.1% margin; tax drop lifts NPAT to +41.3%

Container volume recovery delivered record half-year port margins, while a normalised effective tax rate flatters headline NPAT growth.

Published 23 April 2026

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Tower (TWR)HY25Released 20 May 2025

Tower PBT margin hits unprecedented 23.7% as ROE reaches 29.0%

Reported NPAT rose 38.1% to NZ$49.7m but underlying NPAT of NZ$61.7m flags customer remediation and Canterbury claim drag.

Published 23 April 2026

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Gentrack Group (GTK)HY25Released 19 May 2025

Operating cash flow fell to near zero as EBITDA rose 5.1%

Cash conversion fell to 22.1% of EBITDA from 33.0% while NPAT's 35.8% rise outpaced PBT's 9.6% gain on a lower tax rate.

Published 22 April 2026

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Kingfish (KFL)FY25Released 19 May 2025

Kingfish beat benchmark by 7.5pp but H2 NPAT swung to -$2.0m

A strong first half drove the $40.8m full-year NPAT, but H2 reversed and NTA per share sits at the lower edge of its four-year range.

Published 22 April 2026

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Henderson Far East Income (HFL)HY25Released 16 April 2025

Investment income fell 33% to NZ$7.5m, below historical range

Portfolio total return of 2.4% trailed the 3.3% benchmark while NAV per share slipped 4.7% to a below-range 2.16x.

Published 22 April 2026

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Scott Technology (SCT)HY25Released 16 April 2025

Revenue fell 13.6% and PBT 18% but tax rate halved kept NPAT flat

Operating earnings dropped below their historical range while an unusually low tax charge and a smaller working-capital build lifted reported cash.

Published 21 April 2026

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