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Metro Performance Glass (MPG)HY22Released 22 November 2021
PBT fell 94.4% on flat revenue as NZ segment margins collapsed
Revenue held flat but PBT fell 94.4% while strong cash conversion rests on unprecedented low debtor and inventory days.
Published 22 April 2026
Read briefingFletcher Building (FBU)FY21Released 18 August 2021
FY21 swings to NZ$305m profit as net debt falls to NZ$173m
Revenue rose 11.1% and operating cash flow more than doubled to NZ$889m, funding a sharp deleveraging and a restored 30cps full-year dividend.
Published 22 April 2026
Read briefingNew Talisman Gold Mines (NTL)FY21Released 31 May 2021
FY21 loss narrowed sharply but cash reserves fell to NZ$1.1m
Operating cash burn improved, but the junior gold explorer ends FY21 with materially less liquidity to fund permit-area work.
Published 23 April 2026
Read briefingIperion (IPR)FY21Released 31 May 2021
Iperion remains a NZ$2.1m cash shell with no operations deployed in FY21
An issuer transition from SNC and an unresolved acquisition search leave the read as a pre-deployment cash vehicle, not an operating result.
Published 23 April 2026
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