Market cap
$25m
End-of-day close multiplied by current shares on issue.
MOV · NZX
MOVE Logistics Group is an NZX-listed transport & infrastructure / freight and logistics company with FY23 - HY26 of published result briefings.
Snapshot
HY26, released 27 February 2026
| Metric | Value | Change |
|---|---|---|
| Revenue | $141.4m | ↓ -4.7% |
| NPAT | -$0.9m | ↑ +89.9% |
| Operating cash flow | $17m | ↑ +90.3% |
| Net debt | $12.8m | ↓ -32.6% |
| ROE % | -12.5% | ↑ +9.0pp |
| DPS | 0.0c | — |
| PBT | -$0.2m | ↑ +97.5% |
| FCF pre-lease | $16.3m | ↑ +83.8% |
| Debtor days | 51 | ↓ -6.9% |
| Inventory days | 0 | ↓ -57.1% |
Source: latest published briefing (HY26, released 27 February 2026). Change compares against the prior equivalent period: HY25, released 28 February 2025.
Valuation
A compact read on what the market price implies next to the latest filing data. The numbers are a starting point for comparison, not a recommendation.
The latest close and share count context for the market price.
Market cap
$25m
End-of-day close multiplied by current shares on issue.
How the market price compares with recent earnings and cash-flow inputs.
P/E
Not available
Not meaningful when recent earnings are negative.
EPS
-0.06
Recent filing-derived earnings per share.
PEG
Not available
Not available for this company right now.
EV/EBITDA
Not available
Not available for this company right now.
P/FCF
0.77x
Market cap compared with recent free cash flow.
P/B
2.36x
Market value compared with latest reported equity.
Yield and fund-style valuation where the company shape supports it.
Dividend yield
0.0%
Trailing dividends compared with the latest close.
Total return
Not available
Available once dividend and adjustment data are verified.
Daily closes use the full available width, with hover and touch readouts against real observations. Expand opens the chart at reading size.
Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.
Chat
Ask follow-up questions about MOVE Logistics Group's latest result and company history.
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Longitudinal view
The latest period is shown first.
| Metric | HY266 MONTHS27 February 2026 | FY2512 MONTHS29 August 2025 | HY256 MONTHS28 February 2025 | FY2412 MONTHS29 August 2024 | HY246 MONTHS23 February 2024 | FY2312 MONTHS30 August 2023 | Trend |
|---|---|---|---|---|---|---|---|
| Revenue | $141.4m | $286.3m | $148.4m | $293.9m | $158.3m | $343.9m | Chart |
| Revenue growth % | -4.7% | -2.6% | -6.2% | -14.5% | -5.8% | -0.6% | Chart |
| EBITDA | — | $42.1m | $18.1m | $7.9m | $13.2m | $47.3m | Chart |
| EBITDA margin % | — | 14.7% | 12.2% | 2.7% | 8.4% | 13.8% | Chart |
| PBT | -$0.2m | -$14.2m | -$8.1m | -$45.3m | -$14.2m | -$7.6m | Chart |
| NPAT | -$0.9m | -$15.6m | -$8.9m | -$48.1m | -$10.7m | -$7.2m | Chart |
| Operating cash flow | $17m | $25.3m | $8.9m | $18.7m | $10.3m | $38.4m | Chart |
| OCF / EBITDA % | — | 60.2% | 49.4% | 236.4% | 77.6% | 81.1% | Chart |
| FCF pre-lease | $16.3m | $25.1m | $8.9m | $2m | $18.2m | $35.4m | Chart |
| FCF post-lease | — | — | — | $2m | $18.2m | $35.4m | Chart |
| DPS | 0.0c | 0.0c | 0.0c | 0.0c | 0.0c | 0.0c | Chart |
| Payout ratio vs NPAT % | — | 0.0% | — | — | — | — | — |
| ROE % | -12.5% | -0.1% | -21.5% | -0.2% | -16.6% | -9.6% | Chart |
| Net debt | $12.8m | $16.7m | $18.9m | $17m | $16.9m | $15.6m | Chart |
| Net debt / EBITDA | — | 0.4x | 1.05x | 2.15x | 1.28x | 0.33x | Chart |
| Debtor days | 51 | 39 | 55 | 48 | 52 | 54 | Chart |
| Inventory days | 0 | 0 | 1 | 0 | 0 | 0 | Chart |
| Total assets | $219.7m | $233.8m | $264.7m | $282m | $316.5m | $305.2m | Chart |
Reference: annolyse.ai/companies/mov
Note: Figures are shown as reported. Half-year and full-year absolute values are not directly comparable. Growth rates and ratios are the meaningful comparison across mixed periods.
These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.
Reported revenue across covered periods.
Like-period revenue growth where comparable.
Company-specific earnings measure where disclosed.
EBITDA-equivalent margin where revenue and earnings are source-backed.
Statutory profit after tax.
Cash generated from operations.
Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.
Cash conversion against earnings.
Operating cash flow less capex before leases.
Free cash flow after lease payments where available.
Return on equity.
Borrowings less cash; negative values indicate net cash.
Leverage ratio, suppressed where earnings are not meaningful.
Dividend per share declared for the period.
Receivables days where the working-capital inputs are source-backed.
Inventory days where the working-capital inputs are source-backed.
Per-period working-capital absorption or release, from the same published history. Positive values are working-capital build; negative values are release.
The setup & the reality
The latest result is checked against what the prior briefing said to watch.
Historical setup
From EBITDA up 433% but MOV stays loss-making on a 2.6% revenue decline
No formal targets were disclosed for FY26, and there is no forward-work backlog figure to anchor expectations. Management commentary characterised the result as delivering on financial targets and expressed confidence about positioning when demand returns, but no specific forward earnings or revenue guidance was provided.
The second-half EBITDA exit rate of roughly $24m in 2H25 versus $18m in 1H25 provides a positive directional signal. Whether that trajectory continues depends on whether the gross margin gains are sticky and on the trajectory of Warehousing, where the current loss rate is material relative to a group that has not yet returned to profitability.
Open questions
This briefing cannot assess the underlying customer concentration, contract tenor, or volume pipeline that will determine whether the gross margin recovery is durable beyond FY25.
Archive
Every published Annolyse briefing for this company appears here in reverse chronological order.
HY26 · Released 27 February 2026
A radical segment mix shift masked by a 4.7% revenue decline leaves the recovery path dependent on Warehousing stabilising.
FY25 · Released 29 August 2025
Gross margin expansion drove a strong EBITDA recovery, but net losses persist and cash conversion fell sharply as EBITDA normalised upward.
HY25 · Released 28 February 2025
MOVE's EBITDA recovery to NZ$18.1m rests on cost cuts rather than volume, while Contract Logistics revenue fell NZ$20.8m and the segment swung to a
FY24 · Released 29 August 2024
Revenue fell 14.5% and reported EBITDA collapsed 83% to $7.9m, with equity down 64% to $27.2m and gross borrowings now all current.
HY24 · Released 23 February 2024
Free cash flow rose to $18.2m only because capex collapsed 88.9% to $1.4m, while cash conversion dropped 20 percentage points to 77.6%.
FY23 · Released 30 August 2023
Cash conversion lifted to 81.2% and net debt eased, but capex nearly quadrupled and the second-half loss reached $5.7m versus $1.5m at the half.
Get the next MOVE Logistics Group result briefing and five-year history updates by email.