CDI's 3.9% NPAT gain masks a 92.5% collapse in operating cash flow
Earnings edged higher on property settlements but H2 burned cash as the reported cash balance still climbed to NZ$53.0m.
Published 21 April 2026
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Showing 553-576 of 622 published briefings.
Earnings edged higher on property settlements but H2 burned cash as the reported cash balance still climbed to NZ$53.0m.
Published 21 April 2026
Read briefingTrading profit hit a first-half high as margin widened, yet a 30.6% inventory build absorbed cash and drove net debt near NZ$95.7m.
Published 22 April 2026
Read briefingEarnings growth was real but lower tax and a 490m inventory build left dividend cover reliant on the balance sheet rather than cash generation.
Published 21 April 2026
Read briefingRevenue and PBT were essentially steady, yet gross borrowings more than doubled and management flagged weaker bulk cargo in the second half.
Published 23 April 2026
Read briefingDividends and distributions recovered sharply from the COVID-era trough, but the 10c interim is unchanged and leverage edged up from a deep net...
Published 22 April 2026
Read briefingTopline growth and a debt-free balance sheet sit against a wider cash outflow and a NZ$3.7m cash pile that is now the binding constraint.
Published 23 April 2026
Read briefingLoss narrowed 36.9% but revenue fell 63.7%, cash collapsed from NZ$2.3bn to NZ$152.4m, and equity is now negative NZ$76.6m.
Published 23 April 2026
Read briefingA non-producing gold explorer with only interest income saw its loss widen 31% and its cash reserves fall by nearly half in six months.
Published 22 April 2026
Read briefingA pre-acquisition shell burned through its cash balance while the operating loss deepened and no target has been named.
Published 22 April 2026
Read briefingTop-line momentum and a large equity injection have rebuilt the runway, but the business still burns operating cash and FY22 reported growth is...
Published 22 April 2026
Read briefingHY22 scale-up delivered a step-change in run-rate, yet gross margin halved, inventory ballooned to NZ$14.1m and net debt swung from net cash to...
Published 21 April 2026
Read briefingA pre-revenue shell funded by NZD 379.9m of related-party advances flags an RTO proposal while cash falls to NZD 8.0m.
Published 22 April 2026
Read briefingDividend income held up with a 6.3% decline, but a NZ$708m PBT swing and a collapse in cash reserves reframe the read.
Published 22 April 2026
Read briefingHeadline NPAT was rescued by a $0.6m discontinued-operations gain in a seasonally second-half-weighted business that now carries reiterated FY22...
Published 22 April 2026
Read briefingHeadline growth flattered by a lower tax rate and a heavy first-half skew, while NZ$98.6m of operating cash funds a mooted capital return.
Published 22 April 2026
Read briefingDeeper cash-operating losses sit alongside a narrower headline outcome as FY20's heavier non-cash charges drop out of the comparison.
Published 22 April 2026
Read briefingA deleveraged balance sheet and reconfirmed 6.55cps dividend sit alongside weaker cash conversion and a capex step-up that outran operating cash flow.
Published 22 April 2026
Read briefingEarnings halved off an exceptional HY21 base while equity grew 40.7%, leaving ROE compressed to 11.2% despite a higher dividend.
Published 22 April 2026
Read briefingCovid restrictions and shipping disruption hollowed out profitability while capex more than tripled, leaving FCF a fraction of the prior half.
Published 21 April 2026
Read briefingRelease-reported continuing revenue +9.0% and NPAT +164.1% lean on property revaluations, while trade debtors jumped 68.9% and cash fell 29.6%.
Published 21 April 2026
Read briefingStrong P&L growth on 17% revenue uplift is offset by a sharp cash reversal and borrowings climbing NZD34.7m against the FY21 balance.
Published 22 April 2026
Read briefingHeadline earnings growth is undercut by a NZ$50.4m negative swing in operating cash flow and a NZ$64.6m rise in net debt.
Published 21 April 2026
Read briefingAcquisition-led revenue and EBITDA gains are real, but below-EBITDA costs and a near-doubling of gross borrowings keep the bottom line in loss.
Published 21 April 2026
Read briefingRevenue up 9.0% and OCF up 18.6%, yet $103.7m of capex absorbed the cash pile and the final dividend was trimmed 6%.
Published 22 April 2026
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