Skip to main content

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.

Sky Network Television (SKT)FY22Released 25 August 2022

Sky FY22: revenue up 3.5%, EBITDA $169m, dividends resume on $75m FCF

Core revenue returned to growth and pre-lease free cash flow reached the top of the historical range, supporting a 7.3c final dividend.

Published 22 April 2026

Read briefing
Air New Zealand (AIR)FY22Released 25 August 2022

PBT loss widened 97% to -$810m as recap cut net debt to $50m

Operating revenue grew 8.6% but fuel costs and pandemic capacity restrictions deepened the loss, while equity issuance transformed the balance sheet.

Published 22 April 2026

Read briefing
Scales Corporation (SCL)HY22Released 24 August 2022

Revenue +21.9% but attributable NPAT fell 7.8% as minorities doubled

Global Proteins now leads the revenue mix at 49%, doubling its result, but expanded minority interests captured most of the upside.

Published 22 April 2026

Read briefing
Spark New Zealand (SPK)FY22Released 24 August 2022

FCF fell 31.6% as capex and working capital diluted a 6.8% NPAT lift

Earnings ticked up but free cash flow dropped to $296m, leaving FY23 guidance of $460-$500m needing roughly 55% growth and dividends no longer

Published 22 April 2026

Read briefing
Heartland Group Holdings (HGH)FY22Released 23 August 2022

PBT up 15.5% but NPAT growth held to 9.3% by higher tax rate

Net operating income grew 11.7% and PBT expansion outpaced it, while the effective tax rate rose to 30.6% from 26.6%, narrowing the NPAT result.

Published 22 April 2026

Read briefing
Marlin Global (MLN)FY22Released 22 August 2022

NTA per share fell 30.5% on an unprecedented NZ$58.5m portfolio loss

An unprecedented portfolio markdown left FY22 distributions covered only 5.7% by investment income, with NTA falling from $1.28 to $0.89 per share.

Published 22 April 2026

Read briefing
Barramundi (BRM)FY22Released 22 August 2022

Portfolio swung to NZ$32.6m loss as NTA fell 26% to 64 cents

Unprecedented portfolio drawdown eroded NAV while distributions of NZ$11.0m were paid against only NZ$3.8m of investment income.

Published 22 April 2026

Read briefing
Property for Industry (PFI)HY22Released 22 August 2022

NPAT down 91.3% as prior fair-value gains lapse; rental result stable

Rent reviews delivered 4.8% uplifts and new leases ran 15.6% above prior contracts, but operating cash flow fell 34.4% to $26.2m.

Published 22 April 2026

Read briefing
Auckland International Airport (AIA)FY22Released 18 August 2022

Leverage stretched to 4.31x as capex hit 86.6% of revenue

Revenue rose 6.8% but Operating EBITDAFI fell 16% and an unusual working-capital release flattered operating cash flow.

Published 22 April 2026

Read briefing
The Colonial Motor Company (CMO)FY22Released 17 August 2022

FY22 NPAT up 33.9% but a 133% cash surge was inventory-led

Operating cash flow jumped to $67.3m as inventories unwound by $26.4m, masking a softer second-half earnings profile.

Published 23 April 2026

Read briefing
Fletcher Building (FBU)FY22Released 17 August 2022

NPAT up 41.6% as net debt jumped to $1.7bn and cash conversion fell to 53.5%

Strong reported earnings collide with a $1.5bn net debt step-up and a full-year dividend not covered by free cash flow.

Published 22 April 2026

Read briefing
Mercury NZ (MCY)FY22Released 16 August 2022

EBITDAF up 25.5% but $367m Tilt sale gain inflated NPAT to +232.6%

Cash conversion fell to 60.6% from 73.0% as working capital absorbed $258m and net debt/EBITDAF rose to 3.25x.

Published 22 April 2026

Read briefing
Millennium & Copthorne Hotels New Zealand (MCK)HY22Released 10 August 2022

Land sales drove 99% of PBT as hotels lost NZ$3.9m and NPAT fell 39.1%

Revenue fell 14.9% and operating cash halved, with hotel reopening yet to translate into segment profitability.

Published 22 April 2026

Read briefing
CDL Investments New Zealand (CDI)HY22Released 10 August 2022

Operating cash flow fell 74.9% even as profit before tax rose 10.4%

CDL's profit grew on margin, not cash: operating cash flow fell 74.9% and cash fell 83.4% as revenue declined 22.2%.

Published 22 April 2026

Read briefing
T&G Global Limited and subsidiary companies (TGG)HY22Released 5 August 2022

Operating cash swung NZ$67.8m negative as PBT improved 52.9%

Pre-lease free cash flow fell to NZ$-62.3m and debtor days hit an unprecedented 61.9, undercutting the headline operating-profit recovery.

Published 22 April 2026

Read briefing
Australian Foundation Investment Company (AFI)FY22Released 25 July 2022

Investment income up 53.4% but portfolio swung to a $347.5m total loss

Dividend receipts lifted distribution coverage to 163.2% even as net assets fell 7.5% against a benchmark total return of just 5.1%.

Published 22 April 2026

Read briefing
Livestock Improvement Corporation (LIC)FY22Released 21 July 2022

Continuing-ops PBT fell 59.4% as $16.1m divestment gain lifted NPAT 16.6%

A 47.3% dividend lift rests on a one-off automation disposal gain and a lower tax rate as continuing operations earnings dropped sharply.

Published 18 May 2026

Read briefing
Promisia Healthcare (PHL)FY22Released 30 June 2022

First full year of acquired aged-care lifts revenue to $19.0m

Headline +213.6% growth reflects the December 2020 acquisition lapping into a full period, not underlying expansion of the existing footprint.

Published 29 April 2026

Read briefing
Ryman Healthcare (RYM)FY22Released 17 June 2022

Reported NPAT jumped 63.8% but underlying profit grew only 13.6%

Investment property revaluations drove the headline gain while capex at 55.9% of revenue absorbed most of the operating cash flow expansion.

Published 29 April 2026

Read briefing
Templeton Emerging Markets Investment Trust Plc (TEM)FY22Released 15 June 2022

Portfolio fell 17.3% and trailed MSCI EM by 10.5pp

TEMIT cut the ordinary distribution to 3.80p as net assets fell 18.9% to 2,100.4m, with gross borrowings rising 50% to 150.0m.

Published 23 April 2026

Read briefing
AFC Group Holdings (AFC)FY22Released 30 May 2022

Equity eroded 66% to NZ$0.6m on continued losses and a NZ$0.4m revenue base

Narrower losses and a positive gross margin show some progress, but the equity base has been heavily consumed and cash stands at just NZ$14k.

Published 28 April 2026

Read briefing
TruScreen Group (TRU)FY22Released 30 May 2022

Revenue grew 48% but FY22 loss widened to $7.9m as cash fell to $2.8m

Operating leverage moved the wrong way in the second half, with the implied H2 loss running roughly five times H1 and cash burn consuming nearly half

Published 23 April 2026

Read briefing
Blackwell Global Holdings (RTO)FY22Released 30 May 2022

Cash collapsed 92.6% to $0.1m as $1.4m of borrowings were repaid

Net debt rose from $0.4m to $0.8m despite the debt paydown, leaving the shell with thin liquidity ahead of any reverse takeover.

Published 23 April 2026

Read briefing
New Talisman Gold Mines (NTL)FY22Released 30 May 2022

Revenue effectively nil leaves NZ$0.5m cash against NZ$0.9m annual burn

Operating cash outflow of NZ$0.9m on revenue of NZ$1,191 leaves the explorer reliant on future capital raises to fund continuing exploration losses.

Published 23 April 2026

Read briefing

Get reporting-season briefings

Get full NZX result briefings by email as new coverage is published.