Market cap
$210.8m
End-of-day close multiplied by current shares on issue.
NZM · NZX
NZME is an NZX-listed telecommunications & media / media company with HY24 - FY25 of published result briefings.
Snapshot
FY25, released 24 February 2026
| Metric | Value | Change |
|---|---|---|
| Revenue | $341.3m | ↓ -1.3% |
| EBITDA | $62.3m | ↑ +14.9% |
| NPAT | $13.1m | ↑ +181.9% |
| Operating cash flow | $50.4m | ↑ +33.0% |
| OCF / EBITDA % | 80.8% | ↑ +11.0pp |
| Net debt | $15.5m | ↓ -35.6% |
| Net debt / EBITDA | 0.25x | ↓ -43.2% |
| ROE % | 13.4% | ↑ +29.2pp |
| DPS | 6.0c | — Flat |
| Payout ratio vs NPAT % | 129.3% | — |
Source: latest published briefing (FY25, released 24 February 2026). Change compares against the prior equivalent period: FY24, released 26 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
$210.8m
End-of-day close multiplied by current shares on issue.
How the market price compares with recent earnings and cash-flow inputs.
P/E
16.09x
Recent market cap compared with trailing earnings.
EPS
0.07
Recent filing-derived earnings per share.
PEG
Not available
Not available for this company right now.
EV/EBITDA
3.63x
Enterprise value compared with recent EBITDA.
P/FCF
8.3x
Market cap compared with recent free cash flow.
P/B
2.15x
Market value compared with latest reported equity.
Yield and fund-style valuation where the company shape supports it.
Dividend yield
8.0%
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 NZME'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 | FY2512 MONTHS24 February 2026 | HY256 MONTHS26 August 2025 | FY2412 MONTHS26 February 2025 | HY246 MONTHS27 August 2024 | Trend |
|---|---|---|---|---|---|
| Revenue | $341.3m | $163.6m | $345.9m | $168.3m | Chart |
| Revenue growth % | -1.3% | -2.8% | 1.5% | 3.1% | Chart |
| EBITDA | $62.3m | $18.9m | $54.2m | $21.4m | Chart |
| EBITDA margin % | 18.3% | 11.6% | 15.7% | 12.7% | Chart |
| PBT | $18.6m | -$0.3m | -$12.5m | $2.8m | Chart |
| PBT growth % | — | — | — | -99.9% | — |
| NPAT | $13.1m | -$0.4m | -$16m | $1.9m | Chart |
| NPAT growth % | — | — | — | -99.9% | — |
| Operating cash flow | $50.4m | $15m | $37.9m | $12.1m | Chart |
| OCF / EBITDA % | 80.8% | 79.2% | 69.8% | 56.5% | Chart |
| FCF pre-lease | $25.4m | $2.2m | $11.3m | -$0.7m | Chart |
| FCF post-lease | $25.4m | $2.2m | $11.3m | -$0.7m | Chart |
| DPS | 6.0c | 3.0c | 6.0c | 3.0c | Chart |
| Payout ratio vs NPAT % | 129.3% | — | — | 297.0% | Chart |
| Annual payout ratio vs EPS % | 129.3% | — | — | — | — |
| ROE % | 13.4% | -0.4% | -15.8% | 1.5% | Chart |
| Net debt | $15.5m | $33.3m | $24.1m | $30m | Chart |
| Net debt / EBITDA | 0.25x | 1.76x | 0.44x | 1.4x | Chart |
| Debtor days | 36 | 37 | 38 | 41 | Chart |
| Inventory days | 2 | 3 | 3 | 7 | Chart |
| Total assets | $238.8m | $248.5m | $254.6m | $292.2m | Chart |
Reference: annolyse.ai/companies/nzm
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.
Dividend payout against statutory NPAT.
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 NZME swung to statutory loss while operating cash flow rose 23.5%
The supplied prior-year shape shows HY24 produced 48.7% of FY24 revenue but only 39.5% of FY24 EBITDA, indicating the business is materially second-half weighted on earnings. Annualising HY25 revenue gives $327.1m against FY24's $345.9m, though that comparison is distorted by the community-paper closure.
No quantified FY25 targets were supplied. Management cites a strategy review underway, ongoing cost-base adjustments, and "strong performance" in July advertising. The release does not support a quantified outlook, so the first half establishes only the starting point: positive cash generation, mixed segment economics, and a continuing cost-out program.
Open questions
This briefing cannot assess whether the cost-base adjustments and strategic review will translate into sustained earnings recovery in H2 and beyond.
Archive
Every published Annolyse briefing for this company appears here in reverse chronological order.
FY25 · Released 24 February 2026
Cost discipline drove an $8.1m EBITDA lift and lifted free cash flow to $25.4m, with net debt nearly halved to $15.5m.
HY25 · Released 26 August 2025
The statutory result reflects one-off costs and a community-paper closure rather than deteriorating segment economics or cash generation, but equity
FY24 · Released 26 February 2025
Operating cash flow fell 8.8% and the unchanged 6.0c dividend now consumes 99.1% of free cash flow.
HY24 · Released 27 August 2024
OneRoof's swing to profit and modest revenue growth offset a $6.4m fall in Audio's segment result and left the dividend uncovered.
Get the next NZME result briefing and five-year history updates by email.