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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.

Channel Infrastructure NZ (CHI)FY23Released 29 February 2024

FCF of $61.8m drove deleveraging to 3.6x and a 12.0c dividend

PBT rose 47.6% while NPAT rose 100.8% on a lower effective tax rate; the 12.0c payout reached 187.5% of NPAT, funded by free cash flow.

Published 22 April 2026

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Bremworth (BRW)HY24Released 29 February 2024

Operating cash burn widened to NZD 15.8m as revenue fell 20.0%

A 20.0% revenue decline pushed Bremworth to a NZD 1.7m loss while inventory days climbed roughly 20 days, draining cash before a capital injection.

Published 22 April 2026

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T&G Global Limited and subsidiary companies (TGG)FY23Released 29 February 2024

Operating profit swung to a $45.6m loss; PBT margin hit unprecedented -4.8%

Weather-driven volume damage pushed PBT to -$64.2m as gross borrowings rose 33.9% and equity fell 10.0%.

Published 22 April 2026

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Spark New Zealand (SPK)HY24Released 28 February 2024

Net debt/EBITDA stepped from 0.7x to 2.8x after TowerCo distribution

Reported declines cycle the FY23 TowerCo gain; underneath, capex intensity rose to 14.5% of revenue and gross borrowings climbed NZ$587m.

Published 25 May 2026

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Seeka (SEK)FY23Released 28 February 2024

$14.5m loss and 6.63x leverage trigger dividend suspension

A NZ$24.5m working-capital release lifted operating cash, but FCF pre-lease was still NZ$-20.1m and banking support was needed.

Published 23 April 2026

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Meridian Energy (MEL)HY24Released 28 February 2024

Retail flipped to a NZ$43m loss as 38.1% revenue surge stalled before EBITDAF

EBITDAF rose only 4.2% and NPAT fell 5.0% as wholesale margin gains offset a sharp retail deterioration.

Published 22 April 2026

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Me Today (MEE)HY24Released 28 February 2024

Cash drained to zero, equity off 75.7% as MEE plans NZ$2.78m raise

EBITDA loss narrowed 27.7% but a customer write-down deepened the NPAT loss to NZ$7.3m and forced a debt restructure plan.

Published 21 April 2026

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Vector (VCT)HY24Released 27 February 2024

PBT fell 37.6% but NPAT collapsed 75% as tax rate hit 65%

An unprecedented 65.4% effective tax rate widened the PBT-NPAT gap, while Metering disposal proceeds cut leverage from 11.7x to 8.5x.

Published 23 April 2026

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Heartland Group Holdings (HGH)HY24Released 27 February 2024

Heartland revenue fell 2.0%, snapping a ~10% growth pattern; PBT down 23.8%

Net operating income contracted despite 4.2% receivables growth, pointing to material net interest margin compression ahead of Challenger integration.

Published 22 April 2026

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Summerset Group Holdings (SUM)FY23Released 26 February 2024

NPAT up 62.1% but underlying profit grew just 11.0% on revaluation gains

Underlying profit of NZ$190.3m and 1,103 ORA sales describe a steadier operational result than the headline IFRS NPAT, while net debt rose NZ$332m.

Published 23 April 2026

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Michael Hill International (MHJ)HY24Released 26 February 2024

MHJ HY24: PBT fell 59.7% on a flat revenue line with dividend suspended

Margin compression and an inventory build above the historical range left pre-lease FCF at NZ$9.1m, well below the NZ$57.3m baseline.

Published 22 April 2026

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Property for Industry (PFI)FY23Released 26 February 2024

FCF swung to NZ$30.0m outflow as capex tripled to NZ$77.0m

Operating cash held near prior at NZ$47.0m, but a development capex step-up left the dividend no longer covered by free cash flow.

Published 22 April 2026

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CDL Investments New Zealand (CDI)FY23Released 26 February 2024

Maintained dividend pushed payout to unprecedented 75.4% as cash fell 93%

FY23 NPAT fell 56.7% on the absence of one-off land sale gains, but the held 3.5cps dividend now exceeds free cash flow.

Published 22 April 2026

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MOVE Logistics Group (MOV)HY24Released 23 February 2024

EBITDA fell 39.7% on a 5.8% revenue decline as Freight reset bit

Free cash flow rose to $18.2m only because capex collapsed 88.9% to $1.4m, while cash conversion dropped 20 percentage points to 77.6%.

Published 23 April 2026

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Delegat Group (DGL)HY24Released 23 February 2024

NPAT fell 17.9% as working capital and capex pushed leverage to 4.7x

Flat EBITDA masked a sharp deterioration in cash deployment, with debtor days extending 20.7 and free cash flow turning negative.

Published 22 April 2026

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SkyCity Entertainment Group (SKC)HY24Released 22 February 2024

Operating cash flow halved and Adelaide swung to a $30.5m loss

Headline PBT growth of 6.7% masks a 45% fall in operating cash, leverage climbing to 3.75x EBITDA, and a dividend set at 175% of NPAT.

Published 23 April 2026

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Scales Corporation (SCL)FY23Released 22 February 2024

NPAT fell 73% but dividend rose 71%, lifting payout to 162% of profit

A working-capital release flattered cash conversion to 120.5% and funded the increase, masking margin pressure from Cyclone Gabrielle.

Published 22 April 2026

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Precinct Properties (PCT)HY24Released 22 February 2024

NPAT swung to $15.3m but AFFO per share slipped to 3.26cps

Operating profit before tax rose just 3.4% and operating cash inflow fell to $39.8m, undercutting the optical PBT recovery on a weak prior base.

Published 22 April 2026

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Marlin Global (MLN)HY24Released 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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Genesis Energy (GNE)HY24Released 22 February 2024

NPAT down 73.6% as gross margin compressed 1,130bps to 28.1%

Revenue rose 18.3% but generation costs crushed margins, leaving the 7.0cps dividend at 194.4% of NPAT and leverage at 6.4x EBITDAF.

Published 22 April 2026

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Barramundi (BRM)HY24Released 22 February 2024

Portfolio return of NZ$19.7m drove PBT up 30.9% and NTA per share up 15.1%

Portfolio total return of 8.8% beat the benchmark by 1.1pp, but a lower effective tax rate flattered the 39.3% NPAT print.

Published 22 April 2026

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Air New Zealand (AIR)HY24Released 22 February 2024

PBT fell 38.1% and capex rose 59.6%, turning FCF negative

Revenue grew 11.2% but earnings normalised from the post-reopening peak as a 2.0cps dividend was declared against negative free cash.

Published 22 April 2026

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Sky Network Television (SKT)HY24Released 22 February 2024

Sky lifts dividend to 7.0c but free cash flow before distributions falls

Revenue rose 3.7% and NPAT grew 10.3%, yet free cash flow of NZ$6.8m trails the historical NZ$41.7m average, straining dividend cover.

Published 22 April 2026

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Auckland International Airport (AIA)HY24Released 22 February 2024

Capex tripled to $602.8m, pre-lease FCF unprecedented at -$393.7m

Reinstated 6.75c dividend implies 83.9% NPAT payout that pre-lease cash flow cannot cover, leaving debt to fund both capex and the distribution.

Published 22 April 2026

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