NZ$9.60

Last traded 2023-02-27 — delisted

NZE · Industrials · Integrated Freight & Logistics · NZ$1.7B mcap · 160M float · 0.040% daily turnover

Analysis Technicals Weather Peers

Revenue

$1.3B +6.6% ▲

5Y CAGR: +15.4%

Gross Profit

$1.3B +272.1% ▲

5Y CAGR: +52.0%

Operating Income

$144M +5.9% ▲

5Y CAGR: +9.4%

Net Income

$80M +12.9% ▲

5Y CAGR: +11.0%

EPS (Diluted)

$0.45 +12.5% ▲

5Y CAGR: +8.4%

EBITDA

$232M +9.1% ▲

5Y CAGR: +11.4%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$801M	$873M	$1.1B	$1.2B	$1.3B
YoY Growth	+26.9%	+9.1%	+28.5%	+7.8%	+6.6%
Cost of Revenue	$601M	$663M	$870M	$863M	$1.0B
Gross Profit	$200M	$210M	$252M	$347M	$1.3B
Gross Margin	25.0%	24.1%	22.4%	28.7%	100.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$613M	$685M	$118M	$117M	$506M
Operating Expenses	$678M	$750M	$118M	$210M	$1.1B
Operating Income	$89M	$108M	$134M	$136M	$144M
Operating Margin	11.1%	12.4%	11.9%	11.3%	11.2%
Interest Expense	$12M	$10M	$30M	$36M	$35M
Income Before Tax	$77M	$99M	$105M	$101M	$112M
Tax Expense	$28M	$29M	$30M	$30M	$32M
Net Income	$50M	$70M	$75M	$71M	$80M
Net Margin	6.2%	8.0%	6.7%	5.9%	6.2%
EPS (Diluted)	$0.29	$0.42	$0.43	$0.40	$0.45
EBITDA	$153M	$185M	$214M	$213M	$232M
Shares Outstanding	166M	166M	175M	179M	179M

Line Item	FY2022 Q2	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4
Revenue	$442M	$431M	$552M	$570M	$621M	$588M	$662M	$627M
Cost of Revenue	$332M	$331M	$420M	$450M	$489M	$418M	$514M	$499M
Gross Profit	$110M	$100M	$132M	$119M	$131M	$170M	$148M	$129M
Gross Margin	25.0%	23.1%	24.0%	20.9%	21.1%	28.9%	22.4%	20.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$40M	$48M	$57M	$61M	$57M	$61M	$68M	$64M
Operating Expenses	$40M	$48M	$57M	$61M	$57M	$108M	$68M	$64M
Operating Income	$71M	$52M	$75M	$59M	$74M	$62M	$80M	$65M
Operating Margin	16.0%	12.1%	13.7%	10.3%	12.0%	10.5%	12.0%	10.3%
Interest Expense	$0	$0	$13M	$15M	$17M	$18M	$17M	$17M
Income Before Tax	$61M	$38M	$62M	$43M	$57M	$44M	$63M	$49M
Tax Expense	$17M	$12M	$17M	$13M	$16M	$14M	$18M	$14M
Net Income	$44M	$26M	$45M	$30M	$41M	$30M	$45M	$35M
Net Margin	9.9%	6.1%	8.2%	5.3%	6.6%	5.1%	6.7%	5.6%
EPS (Diluted)	$0.26	$0.16	$0.26	$0.17	$0.23	$0.17	$0.25	$0.20
EBITDA	$102M	$83M	$114M	$101M	$120M	$79M	$130M	$118M
Shares Outstanding	166M	167M	172M	180M	179M	179M	179M	180M

FRE.NZ NZE