HY25 · Released 26 August 2025
PBT flat at $16.4m on 2.5% revenue growth, but tax rate jump cuts NPAT 5.3%
RBD's operating result barely moved, yet a higher effective tax rate and falling capex complicate the earnings quality read.
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RBD · NZX
Restaurant Brands New Zealand
RestaurantsCovered: HY251 published briefing
Restaurant Brands New Zealand is an NZX-listed restaurants company covered by Annolyse across HY25. This page brings together the latest briefing, the current metrics snapshot, and the published history to date in one place.
Table of Contents
Snapshot
Latest metrics
HY25, released 26 August 2025
| Metric | Value |
|---|---|
| Revenue | $743.3m |
| Operating profit | $44.2m |
| NPAT | $11.9m |
| Operating cash flow | $61.4m |
| OCF / Operating profit % | 139.0% |
| Net debt | $208.0m |
| Net debt / Operating profit | 4.71x |
| ROE % | 3.8% |
| PBT | $16.4m |
| FCF pre-lease | $43.8m |
Longitudinal view
Performance over time
Current-period values from each published briefing, with the most recent reporting period shown first.
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| Metric | HY256 MONTHS26 August 2025 |
|---|---|
| Revenue | $743.3m |
| Revenue growth % | 2.5% |
| Operating profit | $44.2m |
| Operating profit margin % | 5.9% |
| PBT | $16.4m |
| PBT growth % | 0.1% |
| NPAT | $11.9m |
| NPAT growth % | -5.3% |
| Operating cash flow | $61.4m |
| OCF / Operating profit % | 139.0% |
| FCF pre-lease | $43.8m |
| ROE % | 3.8% |
| Net debt | $208.0m |
| Net debt / Operating profit | 4.71x |
| Debtor days | 6 |
| Inventory days | 4 |
| Total assets | $1406.0m |
Source: annolyse.ai/companies/rbd
Accountability
What changed versus the prior briefing
Read the prior briefing's expectations and unresolved questions alongside the subsequent result, without forcing long-form editorial text into narrow cards.
Expectations tracker
Once a second briefing exists for this company, this section will compare the previous briefing's expectations and unresolved issues with what actually happened in the next result.
Archive
Briefing archive
Every published Annolyse briefing for this company appears here in reverse chronological order.
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