Sky Network Television (SKT)•FY22•Released 25 August 2022Revenue back to growth at +3.5% but adjusted EBITDA fell and tax tailwind...Dividend resumes at 7.3cps and cash quadrupled, but the 31.6% NPAT lift reflects a lower tax rate and a $14.0m property gain rather than an...Published 21 April 2026Read briefing→
Spark New Zealand (SPK)•FY22•Released 24 August 2022Spark FY22: NPAT up 6.8% but free cash flow fell 32% to $296mHeadline growth was delivered at the top of EBITDAI guidance, but higher capex, working capital build, and rising gross debt weakened cash quality.Published 21 April 2026Read briefing→
Sky Network Television (SKT)•HY22•Released 24 February 2022NPAT fell 28.6% but operating cash rose 46% and borrowings all but vanishedRevenue returned to growth for the first time since 2016, yet earnings fell sharply against a distorted HY21 comp that contributed 83.8% of FY21 NPAT.Published 21 April 2026Read briefing→
Spark New Zealand (SPK)•HY22•Released 23 February 2022Spark HY22: PBT up 20.7% and leverage down to 2.55x on mobile reboundOperating cash flow jumped 25.8% and net debt/EBITDAI eased from 2.90x to 2.55x, but the dividend was held flat and NPAT still does not cover payout.Published 21 April 2026Read briefing→
Spark New Zealand (SPK)•FY21•Released 18 August 2021Spark hits EBITDAI guidance but NPAT falls 10.1% on higher tax rateHeadline EBITDAI growth of 1.0% to $1,124m masks a 4.2% PBT decline, softer cash conversion, and a dividend payout ratio climbing to 60%.Published 21 April 2026Read briefing→