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Published briefings for one sector.

Browse recent results from companies in the same sector.

Skellerup Holdings (SKL)FY26Released 20 August 2026

Skellerup records tenth normalised EBIT increase as insurance gain lifts headline

Normalised EBIT rose 14% and normalised NPAT 18%, while a NZ$4.8m pre-tax insurance gain lifted reported EBIT and NPAT.

Published 26 August 2026

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AoFrio (AOF)HY26Released 5 August 2026

EBITDA rose 17.5% on a one-off tax credit while losses widened 19.6%

Revenue fell 21.5% as Motors collapsed 50.5%, masking margin gains and leaving net losses deeper despite EBITDA growth.

Published 5 August 2026

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Blackwell Global Holdings (RTO)FY26Released 28 May 2026

Cash falls to $0.115m as total assets drop below historical range

Revenue fell 77.5% to $0.07m and operating losses widened as RTO's cash shell continues burning capital while it hunts for an acquisition.

Published 20 August 2026

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Scott Technology (SCT)HY26Released 15 April 2026

Working capital absorbed $13.0m as debtor and inventory days hit new highs

PBT grew 18.0% and forward work climbed to $177m, but operating cash fell 58% on a working-capital build more than double the historical norm.

Published 17 April 2026

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Skellerup Holdings (SKL)HY26Released 12 February 2026

NPAT +19.4% on Agri-led growth, FY26 NPAT guidance lifted to $57-62m

Operating leverage and a working-capital release drove record cash flow even as capex nearly doubled and Agri carried the mix shift.

Published 21 April 2026

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Blackwell Global Holdings (RTO)HY26Released 28 November 2025

Cash fell 54.7% to $0.2m as RTO shell still has no acquisition deal

Operating burn moderated, but a year on the company remains a pre-deal cash shell with no announced reverse-takeover target.

Published 19 May 2026

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Scott Technology (SCT)FY25Released 21 October 2025

PBT up 58% on margin lift, but receivable days stretched to 79

Materials Handling and Protein margins drove earnings on flat revenue, yet trade debtors absorbed $19.4m as days outstanding lengthened.

Published 20 April 2026

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Skellerup Holdings (SKL)FY25Released 21 August 2025

Cash conversion fell to 70.1% as working capital absorbed $9.0m

Revenue grew 6.9% and PBT 9.7%, but a lower effective tax rate flattered NPAT to +16.2% while inventory build pulled operating cash flow lower.

Published 23 April 2026

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Blackwell Global Holdings (RTO)FY25Released 29 May 2025

Loss narrowed 77.6% but operating cash burn widened as H2 deteriorated sharply

Blackwell Global reported a smaller full-year loss, but a severe H2 reversal and deepening cash burn raise questions about near-term survival runway.

Published 19 May 2026

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Scott Technology (SCT)HY25Released 16 April 2025

Revenue fell 13.6% and PBT 18% but tax rate halved kept NPAT flat

Operating earnings dropped below their historical range while an unusually low tax charge and a smaller working-capital build lifted reported cash.

Published 21 April 2026

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Skellerup Holdings (SKL)HY25Released 13 February 2025

Record $24.2m NPAT and 115.4% FCF conversion cut net debt to $20.4m

Earnings expanded on essentially flat revenue, but inventory days rose to 94.5 as working capital absorbed $6.9m of cash.

Published 23 April 2026

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Blackwell Global Holdings (RTO)HY25Released 28 November 2024

RTO cleared $0.5m of bond debt while still hunting a reverse takeover

Borrowings fell to nil and equity nearly doubled, but cash dropped 34.6% to NZ$0.5m as the shell continues searching for an acquisition target.

Published 18 May 2026

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Scott Technology (SCT)FY24Released 17 October 2024

Net debt swung to $20.1m as cash conversion collapsed to 19.8%

Operating cash fell 70.5% to $6.0m on essentially flat EBITDA, turning free cash flow negative and pushing leverage off a near-zero base.

Published 21 April 2026

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Skellerup Holdings (SKL)FY24Released 15 August 2024

PBT rose 1.0% but a higher tax rate drove NPAT down 7.9%

Underlying profitability held broadly steady while a higher effective tax rate and a swing to net debt reshaped the headline result.

Published 26 August 2026

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Blackwell Global Holdings (RTO)FY24Released 29 May 2024

Equity fell 59.7% to $0.2m as RTO Limited burns cash hunting for a deal

A name change to RTO Limited signals intent, but the shell has yet to announce a reverse-takeover target while cash and equity continue to erode.

Published 19 May 2026

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Scott Technology (SCT)HY24Released 16 April 2024

PBT fell 37.1% on 11.3% revenue growth as working capital absorbed NZ$25.9m

Strong EBITDA and revenue growth were overwhelmed by an unprecedented working-capital build and one-off costs that collapsed pre-tax profit

Published 22 April 2026

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Scott Technology (SCT)FY23Released 18 October 2023

Revenue +20.6% drives PBT +28.9% as net debt clears and margins expand

Strong full-year cash conversion masks a second-half operating cash outflow as contract assets and inventory built.

Published 22 April 2026

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Skellerup Holdings (SKL)FY23Released 17 August 2023

PBT grew 4.2% as cash flow jumped 25% on debtor release

NPAT up 6.5% benefited from a lower effective tax rate, while working-capital release rather than margin expansion drove the cash flow improvement.

Published 22 April 2026

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Scott Technology (SCT)HY23Released 12 April 2023

PBT up 31.1% on margin highs, but working-capital release flatters cash

Margins reached an unprecedented 7.7% but the OCF swing leans on a working-capital release that breaks a three-period pattern of builds.

Published 22 April 2026

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AoFrio (AOF)FY22Released 27 February 2023

EBITDA margin fell to 2.2% while working capital absorbed NZ$9.8m

Revenue grew 15.7% to a record NZ$74.3m, but a NZ$9.8m working-capital build—well above the historical average build of NZ$3.2m—turned operating cash

Published 28 April 2026

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Skellerup Holdings (SKL)HY23Released 16 February 2023

Revenue +10% but PBT flat as inventory build pushed net debt to $39.0m

Payout ratio versus pre-lease FCF is suppressed because the source-backed cash-dividend bridge is unavailable.

Published 22 April 2026

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Blackwell Global Holdings (RTO)HY23Released 29 November 2022

Recapitalisation lifts cash to $1.0m and turns equity positive ahead of RTO

The shell carries $1.0m of cash and $0.9m of borrowings after a capitalisation, but operations burned $0.1m of cash with no acquisition target

Published 23 April 2026

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Scott Technology (SCT)FY22Released 18 October 2022

PBT up 24.2% but cash conversion fell to 26.4% on working-capital build

Continuing operations strengthened, yet operating cash flow fell 53% and a $12.6m discontinued-operation loss wiped headline NPAT to near zero.

Published 22 April 2026

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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

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