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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.

Barramundi (BRM)FY23Released 22 August 2023

NTA per share rose 12.5% to $0.72 as portfolio swung to $43.6m total return

Investment income covered only 40.7% of distributions paid, so capital recycling continues to fund shareholder payouts despite the headline profit

Published 22 April 2026

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Property for Industry (PFI)HY23Released 22 August 2023

PFI swings to NZ$30.5m loss; equity falls 7.4% on revaluation hit

Rental revenue rose just 1.3% and pre-lease free cash flow halved to NZ$6.4m as capex on the development pipeline doubled.

Published 22 April 2026

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Mercury NZ (MCY)FY23Released 21 August 2023

EBITDAF rose 44.8% but NPAT fell 78.0% on a prior-year one-off gain

Operating earnings strengthened on record generation, while a non-recurring prior-period gain distorts the headline net-profit comparison.

Published 22 April 2026

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Steel & Tube Holdings (STU)FY23Released 21 August 2023

NPAT down 43.7% as super-cycle unwound; $51m debt cleared on inventory release

Operating cash flow swung to $98.3m on working-capital normalisation, but EBITDA fell 22.1% pointing to a reset earnings base.

Published 22 April 2026

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Spark New Zealand (SPK)FY23Released 18 August 2023

SPK FY23: Reported revenue up 20.7% but cash conversion collapsed to 46.5%

A large asset disposal inflated reported earnings, while underlying operating cash conversion fell well below Spark's historical range of 65.7%–76.3%.

Published 23 April 2026

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Skellerup Holdings (SKL)FY23Released 17 August 2023

PBT grew 4.2% as cash flow jumped 25% on debtor release

NPAT up 6.5% benefited from a lower effective tax rate, while working-capital release rather than margin expansion drove the cash flow improvement.

Published 22 April 2026

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Fletcher Building (FBU)FY23Released 16 August 2023

FY23 PBT fell 42.6% on $301m significant items as cash conversion dropped

EBITDA rose 4.5% but a $949m working-capital build turned free cash flow negative and pushed dividends above reported earnings.

Published 22 April 2026

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Contact Energy (CEN)FY23Released 14 August 2023

Net debt tripled to $2.6bn as leverage hit 5.6x EBITDAF

Capex jumped to $541m while EBITDAF fell 14%, lifting leverage from 1.7x to 5.6x and materially tightening financial flexibility.

Published 22 April 2026

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Millennium & Copthorne Hotels New Zealand (MCK)HY23Released 8 August 2023

NZ$22.7m unprecedented working-capital build absorbed nearly all cash flow

Hotels returned to profit and PBT fell 64.2% on weaker property sales, but receivables jumped to NZ$22.5m and pushed OCF down 82.6%.

Published 22 April 2026

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CDL Investments New Zealand (CDI)HY23Released 8 August 2023

PBT fell 78.0% as HY22's one-off land sale windfall failed to repeat

Revenue fell 75.1% and PBT 78.0% against an unusually strong, acquisition-boosted HY22, even as margins held and cash rose 198.6%.

Published 22 April 2026

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T&G Global Limited and subsidiary companies (TGG)HY23Released 4 August 2023

Apples result swung NZ$28.6m to a loss, dragging group to a PBT loss

Revenue rose 18.6% to NZ$765.3m but PBT fell to negative NZ$21.4m as a cyclone-hit apples crop and net debt up 57% strained the balance sheet.

Published 22 April 2026

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Australian Foundation Investment Company (AFI)FY23Released 26 July 2023

NPAT fell 14.1% on BHP merger dividend base; portfolio trailed by 2.7pp

Underlying profit rose 8.6% excluding the prior-year one-off, while the 13.9% portfolio return lagged the ASX 200's 16.6% gain.

Published 22 April 2026

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Promisia Healthcare (PHL)FY23Released 30 May 2023

PBT fell 73.7% as revenue growth failed to offset cost expansion

A 25.5% revenue uplift was more than consumed by higher operating costs, lifting net debt to EBITDA to 8.0x and compressing PBT to NZ$0.5m.

Published 18 May 2026

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AFC Group Holdings (AFC)FY23Released 30 May 2023

AFC revenue tripled to NZ$1.1m but H2 reversed and cash hit NZ$5,000

Headline 159% revenue growth masks a sharply weaker second half, equity down 32.4%, and an almost-exhausted cash balance against rising borrowings.

Published 28 April 2026

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Cooks Coffee Company (CCC)FY23Released 30 May 2023

FY23 NPAT swung to a $3.2m loss as below-EBITDA charges crushed thin trading

Positive EBITDA of $0.75m was overwhelmed by impairments, D&A and interest, leaving cash at $0.4m and equity halved to $1.4m.

Published 28 April 2026

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New Talisman Gold Mines (NTL)FY23Released 30 May 2023

NTL FY23: equity contracted NZ$4.1m while cash burn widened

The equity drawdown far exceeded the NZ$1.2m NPAT loss, pointing to balance-sheet movements that trading performance alone cannot explain.

Published 23 April 2026

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Iperion (IPR)FY23Released 30 May 2023

Iperion emerges as a $1.6m cash shell after issuer transition from SNC

The 99.8% PBT "improvement" reflects a completed transition out of a $2.0bn-asset predecessor, not operating progress in the new entity.

Published 23 April 2026

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ikeGPS Group (IKE)FY23Released 30 May 2023

ikeGPS FY23 revenue +93% to $30.8m, but capex tripled to $5.1m

Recurring sources delivered ~90% of revenue at 53% gross margin, yet pre-lease FCF burn of -$7.6m cut cash to $18.0m with no debt at year end.

Published 23 April 2026

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ArborGen Holdings (ARB)FY23Released 30 May 2023

ArborGen FY23: $11.3m working-capital release drove the cash uplift

PBT swung to US$0.9m and EBITDA rose 35%, but an unusually favourable working-capital release supplied most of the cash flow lift.

Published 23 April 2026

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Green Cross Health (GXH)FY23Released 30 May 2023

NPAT up 83.7% on $30.3m disposal gain as continuing PBT fell 43.5%

The discontinued operation supplied two-thirds of reported NPAT while operating cash flow fell 30.3% and continuing EBIT dropped 29%.

Published 22 April 2026

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Burger Fuel Group (BFG)FY23Released 30 May 2023

BurgerFuel FY23 NPAT up 56% on 24.8% revenue rebound to pre-Covid levels

Cash conversion jumped to 93.8% of EBITDA and ROE climbed to 7.6%, but prior-period comparability is distorted by unit-scale reporting differences.

Published 22 April 2026

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Asset Plus (APL)FY23Released 29 May 2023

Stoddard Road sale sharpens Asset Plus' cash-flow test

The NZ$36.8m disclosed value from the Stoddard Road sale adds cash-context, while operating cash, capex and working capital remain the direct evidence.

Published 22 April 2026

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Radius Residential Care (RAD)FY23Released 29 May 2023

H2 EBITDA collapsed to $2.9m as net debt tripled to $100.1m

Debt-funded property purchases pushed leverage to 7.0x EBITDA while operating cash flow fell 59% and the result swung to a $2.1m loss.

Published 22 April 2026

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Metro Performance Glass (MPG)FY23Released 29 May 2023

PBT swung to a NZ$10.6m loss despite 11.6% revenue growth

AGG's NZ$6.4m profit milestone was eclipsed by a New Zealand segment swing and a 56.9% drop in operating cash flow.

Published 22 April 2026

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