Sector archive
Browse recent results from companies in the same sector.
Showing 1-24 of 49 published briefings.
Platform subscription revenue grew ~33% and gross margin expanded 1,099bps, but operating cash flow swung to NZ$-3.4m and inventory days jumped
Published 29 May 2026
Read briefingThe headline loss is non-cash but underlying EBITDA fell from $59.6m to $39.0m and free cash flow dropped to $0.1m as capex nearly doubled.
Published 25 May 2026
Read briefingGetThere's first full year creates a basis discontinuity in the headline comparison while capex rose 59.7% and a working-capital release flatters
Published 20 May 2026
Read briefingA sharp drop in Utilities segment profit drove PBT down 86.2%, masking recurring revenue mix improvement and inverting operating cash flow
Published 18 May 2026
Read briefingOperating leverage and the cloud transition delivered a return to profit, but heavy capitalised development still left free cash flow at -$0.9m.
Published 29 April 2026
Read briefingPlatform subscription revenue grew 35% to NZ$8.8m and now represents 69% of revenue, but transaction revenue fell 32% and cash burn widened, so loss
Published 18 May 2026
Read briefingStrong demand recovery lifted Underlying EBITDA 149% and narrowed the PBT loss by 73.6%, but a NZ$18.8m receivables build means cash is not yet
Published 14 May 2026
Read briefingA 3.1% effective tax rate flattered NPAT to a 120% gain while OCF/EBITDA fell to 79.2% from 145.7% on working-capital normalisation.
Published 22 April 2026
Read briefingRevenue grew 3.3% and free cash flow rose to $5.1m, but a non-cash charge well below EBITDA drove a $144.2m loss and cut equity by roughly $125m.
Published 21 April 2026
Read briefingAcquisition makes this not a clean comparable, though pre-lease free cash flow improved to NZ$3.0m above historical norms.
Published 23 April 2026
Read briefingRevenue 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 briefingRevenue grew 10.6% to NZ$77.0m and operating cash flow more than tripled to NZ$14.1m, but the group remained loss-making at PBT.
Published 23 April 2026
Read briefingCapex fell 58.4% as the 4G program rolled off, but OCF/EBITDA dropped from 99.2% to 72.5% even as EBITDA grew to $59.6m.
Published 22 April 2026
Read briefingA lower 22.2% tax rate flatters NPAT while EBITDA grew 5.1% versus 9.8% revenue, and operating cash conversion fell from 33.0% to 22.1%.
Published 22 April 2026
Read briefingOperating cash flow fell 57.6% to NZD 0.3m despite the earnings recovery, with capex rising sharply and working capital building, leaving free cash
Published 18 May 2026
Read briefingOperating cash flow rose 14% but only via $18.7m of working-capital release; inventory days still climbed 47 days.
Published 29 April 2026
Read briefingStrong top-line growth was offset by Utilities segment margin compression from 13.2% to 10.0%, leaving operating earnings roughly flat.
Published 22 April 2026
Read briefingStrong subscription growth and an 800bps gross margin expansion to 67% haven't stopped the pre-tax loss deepening to NZ$7.1m as operating costs
Published 18 May 2026
Read briefingThe supplied -39.7% revenue change compares half-year results to a full year, masking a positive EBITDAF turn and NZ$1.3m of free cash flow.
Published 23 April 2026
Read briefingThe reported earnings recovery is real, yet cash conversion dropped to 41.7% from 248% and Vista must deliver a sharp H2 cash reversal.
Published 23 April 2026
Read briefingA sharp drop in high-volume transaction revenue more than offset 21% subscription growth, driving PBT to NZ$-15.0m and cash to NZ$10.2m.
Published 18 May 2026
Read briefingOperating cash flow rose 60.5% but on working-capital release, while a tax benefit lifted NPAT to $4.5m well above near-zero PBT.
Published 29 April 2026
Read briefingOperating cash turned positive at NZ$5.9m but still trailed NZ$11.4m capex, halving the cash balance to NZ$14.1m.
Published 23 April 2026
Read briefingOperating cash flow more than doubled to $52.9m and leverage halved, yet the loss before tax deepened despite EBITDA expanding to $53.3m.
Published 22 April 2026
Read briefingGet full NZX result briefings by email as new coverage is published.