Also trades as: NZM.AX (ASX) · $vol 0M

NZ$1.05 ($0.59)

+0.01 (+0.96%)

Weekly Expected Move ±3.2%

NZ$1 NZ$1 NZ$1 NZ$1 NZ$1

NZE · Communication Services · Entertainment · Tech Score Sell · Power 46 · NZ$198.5M mcap · 128M float · 0.040% daily turnover

Revenue

$341M -1.3% ▼

5Y CAGR: +1.6%

Gross Profit

$103M -70.3% ▼

5Y CAGR: +0.3%

Operating Income

$27M +23.9% ▲

5Y CAGR: -0.5%

Net Income

$13M +181.6% ▲

5Y CAGR: -2.1%

EPS (Diluted)

$0.07 +180.3% ▲

5Y CAGR: -0.8%

EBITDA

$58M +131.2% ▲

5Y CAGR: +0.2%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$349M	$355M	$341M	$346M	$341M
YoY Growth	+10.8%	+2.0%	-4.1%	+1.5%	-1.3%
Cost of Revenue	$228M	$260M	$279M	$249M	$239M
Gross Profit	$120M	$96M	$341M	$346M	$103M
Gross Margin	34.5%	26.9%	100.0%	100.0%	30.1%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$257M	$270M	$233M	$241M	$75M
Operating Expenses	$81M	$41M	$322M	$330M	$75M
Operating Income	$39M	$34M	$24M	$22M	$27M
Operating Margin	11.2%	9.5%	7.0%	6.4%	8.0%
Interest Expense	$7M	$6M	$8M	$8M	$7M
Income Before Tax	$42M	$31M	$18M	-$13M	$19M
Tax Expense	$8M	$9M	$6M	$4M	$6M
Net Income	$35M	$23M	$13M	-$16M	$13M
Net Margin	9.9%	6.6%	3.8%	-4.6%	3.8%
EPS (Diluted)	$0.17	$0.12	$0.07	$-0.09	$0.07
EBITDA	$76M	$65M	$50M	$25M	$58M
Shares Outstanding	205M	200M	191M	187M	190M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$182M	$163M	$177M	$168M	$178M	$164M	$178M	$165M
Cost of Revenue	$166M	$158M	$161M	$124M	$125M	$142M	$118M	$118M
Gross Profit	$16M	$5M	$17M	$45M	$53M	$22M	$59M	$47M
Gross Margin	8.8%	2.9%	9.5%	26.5%	29.6%	13.3%	33.4%	28.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$21M	$0	$18M	$26M	$37M	$0	$38M	$37M
Operating Expenses	-$5M	-$1M	-$2M	$26M	$37M	$38M	$38M	$37M
Operating Income	$21M	$6M	$19M	$19M	$16M	$22M	$21M	$10M
Operating Margin	11.4%	3.6%	10.6%	11.1%	9.0%	13.3%	11.9%	6.1%
Interest Expense	$3M	$4M	$4M	$4M	$4M	$4M	$3M	$3M
Income Before Tax	$20M	$3M	$15M	$3M	-$15M	-$325K	$19M	$9M
Tax Expense	$5M	$887K	$5M	$952K	$3M	$68K	$5M	$3M
Net Income	$15M	$2M	$10M	$2M	-$18M	-$393K	$13M	$7M
Net Margin	8.0%	1.5%	5.8%	1.1%	-10.1%	-0.2%	7.6%	4.0%
EPS (Diluted)	$0.07	$0.01	$0.05	$0.01	$-0.10	$-0.00	$0.07	$0.03
EBITDA	$37M	$21M	$34M	$10M	$5M	$12M	$36M	$25M
Shares Outstanding	198M	191M	191M	191M	188M	190M	190M	190M

NZM.NZ NZE