Sector archive
Browse recent results from companies in the same sector.
Showing 1-24 of 47 published briefings.
Operating losses keep absorbing the balance sheet; total equity fell 84.5% to NZ$0.1m while the Pathoglaze licence still produces no revenue.
Published 29 May 2026
Read briefingOperating cash flow surged to $15.7m and net debt halved to $27.0m, but reported earnings stayed near breakeven.
Published 27 May 2026
Read briefingOperating cash flow fell 75.9% to $5.6m and base-business margins squeezed even as the Perry galvanizing acquisition lifted reported revenue 8.1%.
Published 23 April 2026
Read briefingA 152.8% PBT recovery and positive pre-lease FCF coexist with inventory days 40 above the historical mean of 82.5.
Published 20 April 2026
Read briefingNTL paused production after grades disappointed, leaving a NZ$0.5m cash balance against a NZ$1.0m half-year operating outflow that deepened 17.4%.
Published 23 April 2026
Read briefingThe half-year loss narrowed and cash burn eased, but with zero revenue the company is operating from its lowest asset base in the supplied historical
Published 28 April 2026
Read briefingPBT swung 167.1% to $4.5m profit on lower interest and a tax credit, but EBITDA margin sat at the lower edge of MPG's historical range at 8.8%.
Published 22 April 2026
Read briefingA 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 briefing$644m of continuing-operation significant items drove PBT margin to an unprecedented -6.2%, while a balance-sheet recapitalisation cut net debt
Published 20 April 2026
Read briefingReported earnings turned positive despite negligible revenue and a deeper operating cash outflow, leaving the cash story unchanged from prior years.
Published 23 April 2026
Read briefingZero revenue persisted while equity dropped 55.8% and the asset base hit a historical low, leaving runway as the dominant question.
Published 28 April 2026
Read briefingA 51.1% narrower NPAT loss masks a 54.5% EBITDA decline, an 89% drop in operating cash flow, and second-half EBITDA that turned negative.
Published 22 April 2026
Read briefingRevenue fell 25.1% and the dividend was pulled, while $23.1m of operating cash flow leaned on a $28.4m working-capital release.
Published 23 April 2026
Read briefingPBT loss narrowed 10.9% to NZ$123.0m yet NPAT loss widened 11.7% to NZ$134.0m as discontinued Tradelink absorbed NZ$52.0m.
Published 21 April 2026
Read briefingOperating cash flow of $80.7m and a held 2.5 cent interim dividend partially cushion an earnings collapse driven by trading headwinds.
Published 23 April 2026
Read briefingThe smaller HY25 loss is cost-base contraction, not progress, with NZ$0.1m of cash facing a NZ$0.3m half-year operating burn.
Published 28 April 2026
Read briefingOperating cash flow dropped 74.8% to NZ$3.4m and equity contracted 34.7%, leaving leverage nearly double the historical 3.3x mean.
Published 22 April 2026
Read briefingThe pre-revenue gold explorer added a processing plant, leaving NZ$1.2m cash against a half-year free cash burn of NZ$1.4m.
Published 23 April 2026
Read briefingA $36.3m working-capital release flattered operating cash while the 6c full-year dividend ran at 375% of NPAT and ROE fell to 1.3%.
Published 23 April 2026
Read briefingOperating cash flow held up only because working capital released $473m, masking weaker underlying earnings as the dividend was suspended.
Published 21 April 2026
Read briefingOperating losses were broadly stable, but a $1.7m convertible note and depleted cash leave NTL dependent on a delayed regulator decision.
Published 23 April 2026
Read briefingThe reported 99.7% NPAT improvement is a scale artefact: a near-complete contraction of the balance sheet leaves cash burn outrunning cash on hand.
Published 23 April 2026
Read briefingEBITDA fell 32% to NZ$12.3m and leverage sits at 4.3x even after a working-capital-driven NZ$7m debt paydown.
Published 22 April 2026
Read briefingRevenue declined 17.0% and NPAT 55.1%, but a $46.4m inventory release funded zero gross borrowings and $26.3m of cash.
Published 23 April 2026
Read briefingGet full NZX result briefings by email as new coverage is published.