Open archive
Clear filters
Showing 169-192 of 756 published briefings.
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.
Bremworth (BRW)FY25Released 1 September 2025
NPAT up 295.7% but gross margin collapsed 1,091bps to 13.4%
PBT of NZ$18.6m exceeds gross profit of NZ$11.9m, signalling one-off items rather than core trading drove the headline result.
Published 22 April 2026
Read briefingMOVE Logistics Group (MOV)FY25Released 29 August 2025
EBITDA up 433% but MOV stays loss-making on a 2.6% revenue decline
Gross margin expansion drove a strong EBITDA recovery, but net losses persist and cash conversion fell sharply as EBITDA normalised upward.
Published 22 May 2026
Read briefingEnprise Group (ENS)FY25Released 29 August 2025
Kilimanjaro operating profit fell 57% despite 13.6% revenue growth
Revenue scale is expanding but cost pressure at the dominant segment is eroding operating leverage, leaving the group loss-making at the PBT line.
Published 18 May 2026
Read briefingSummerset Group Holdings (SUM)HY25Released 28 August 2025
Underlying profit +19% on 692 sales, but NPAT flattered by tax swing
OCF rose 19.3% to $228.7m and gross borrowings grew 21.3% to $1.87b as $311.6m of development capex left free cash flow at -$17.7m.
Published 23 April 2026
Read briefingAir New Zealand (AIR)FY25Released 28 August 2025
PBT fell 14.9% on flat revenue as working-capital build doubled the historical
Air New Zealand earned flat revenue of NZ$6.8b but PBT declined 14.9% to NZ$189m, with a NZ$33m working-capital build nearly 2.5 times the historical
Published 22 April 2026
Read briefingMe Today (MEE)FY25Released 28 August 2025
Capital raise puts Me Today's debt headroom in focus
The NZ$2.6m capital raised is relevant to debt headroom, while borrowings and gearing remain the direct evidence.
Published 20 April 2026
Read briefingWinton Land (WIN)FY25Released 27 August 2025
Net debt/EBITDA jumped from 0.8x to 3.7x as PBT fell 44.7%
Strong reported cash flow came from a $21.6m inventory drawdown, masking rising leverage and a paused dividend.
Published 23 April 2026
Read briefingPrecinct Properties (PCT)FY25Released 27 August 2025
Gross borrowings up 20.7% and NTA down 6.2% as operating profit edges 1.2%
The statutory swing from a $22.1m FY24 loss to $11.0m profit reflects easing valuation drag rather than core earnings growth.
Published 22 April 2026
Read briefingMeridian Energy (MEL)FY25Released 27 August 2025
Meridian EBITDAF fell 32.5% as PBT swung to a $619.0m loss
Falling energy margin cut EBITDAF while cash conversion fell to 52.0% and leverage rose to 2.37x net debt/EBITDA.
Published 22 April 2026
Read briefingEBOS Group (EBO)FY25Released 27 August 2025
Reported PBT fell 21.1% while cash conversion rose to 75.3%
Reported revenue and earnings fell sharply against a non-comparable prior period, but cash generation and leverage strengthened materially.
Published 22 April 2026
Read briefingVulcan Steel (VSL)FY25Released 26 August 2025
Capital raise puts Vulcan Steel's debt headroom in focus
The NZ$96.3m capital raised is relevant to debt headroom, while borrowings and gearing remain the direct evidence.
Published 20 August 2026
Read briefingGenesis Energy (GNE)FY25Released 26 August 2025
EBITDAF rose 11.6% but operating cash fell 29.1% on inventory build
A $123.7m working-capital absorption and weaker cash conversion left the full-year dividend uncovered by free cash flow.
Published 22 April 2026
Read briefingChannel Infrastructure NZ (CHI)HY25Released 26 August 2025
Payout ratio versus pre-lease FCF is suppressed because the source-backed cash-dividend bridge is unavailable.
Headline NPAT fell 30.1% but mostly on tax normalisation and a discontinued-operations swing, while operating EBITDA was essentially flat.
Published 22 April 2026
Read briefingNZME (NZM)HY25Released 26 August 2025
NZME swung to statutory loss while operating cash flow rose 23.5%
The statutory result reflects one-off costs and a community-paper closure rather than deteriorating segment economics or cash generation, but equity
Published 20 April 2026
Read briefingTourism Holdings (THL)FY25Released 25 August 2025
Tourism Holdings' PBT collapses to a $4.9m loss on a North America slump
Revenue grew 1.7% but PBT fell 108.5% and leverage rose to 3.2x net debt/EBITDA, squeezing financial headroom.
Published 23 April 2026
Read briefingChorus (CNU)FY25Released 25 August 2025
Chorus FY25: equity fell 32.6% as gross debt rose 19.5% on flat earnings
A step-up in free cash flow to $354m did not prevent net debt/EBITDA rising from 3.7x to 4.3x while the dividend was lifted 21.1%.
Published 23 April 2026
Read briefingVector (VCT)FY25Released 25 August 2025
Net debt climbs to 5.05x EBITDA even as PBT rises 33.9%
Leverage weakened to 5.05x EBITDA and cash fell 69.9% while a 33.9% PBT gain reflects a lower tax rate and a non-comparable prior period.
Published 23 April 2026
Read briefingSteel & Tube Holdings (STU)FY25Released 25 August 2025
Revenue fell 19.6% and EBITDA swung to a $2.5m loss as net debt hit $36.3m
A new $50.0m facility funded acquisitions at the cycle bottom even as 2H operating cash flow turned negative and the final dividend was suspended.
Published 23 April 2026
Read briefingScales Corporation (SCL)HY25Released 25 August 2025
Horticulture surge lifts EBITDA margin to 23.6%, above historical range
PBT grew 49.0% on operating leverage, but heavy first-half seasonal weighting and a softer tax rate are the key tests of durability.
Published 22 April 2026
Read briefingMichael Hill International (MHJ)FY25Released 25 August 2025
PBT collapsed 90.8% as H2 NPAT loss erased H1 profit
Implied H2 NPAT loss of $14.8m wiped out the H1 result and net debt swung from a $2.3m surplus to $41.9m.
Published 22 April 2026
Read briefingProperty for Industry (PFI)FY25Released 25 August 2025
FY25 growth inflated by 6-month base and fair value gains
Reported revenue of NZ$127.5m and NPAT of NZ$106.0m compare to a six-month transition period; the durable read is NTA up 4.8% to NZ$2.84.
Published 22 April 2026
Read briefingSouth Port New Zealand (SPN)FY25Released 22 August 2025
PBT up 32.8% but NPAT +79.7% flattered by tax-rate reset
An unusually large NZ$9.4m working-capital release boosted operating cash flow while the prior-period 45.1% effective tax rate normalised to 25.1%.
Published 23 April 2026
Read briefingSky Network Television (SKT)FY25Released 22 August 2025
Sky TV's NPAT fell 58.7% as below-EBITDA costs swamp a mild revenue dip
PBT fell 57.9% and cash conversion slid to 80.9% from 90.9%, even as free cash flow rose to $24.8m and dividend guidance lifted to 30 cents.
Published 23 April 2026
Read briefingNew Zealand Rural Land Company (NZL)HY25Released 21 August 2025
PBT fell 66.9% as margin sank to 39.3% while payout hit 89.3% of NPAT
PBT margin fell to 39.3%, well below the historical average of 99.8%, while the payout ratio jumped to 89.3% of a much smaller profit.
Published 21 August 2026
Read briefingGet reporting-season briefings
Get full NZX result briefings by email as new coverage is published.