Also trades as: WHGPF (OTC) · $vol 0M

NZ$0.67 ($0.37)

+0.02 (+3.10%)

Weekly Expected Move ±5.7%

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

NZE · Consumer Cyclical · Department Stores · Tech Score Neutral · Power 56 · NZ$223.7M mcap · 271M float · 0.029% daily turnover

Revenue

$3.0B -1.9% ▼

5Y CAGR: -2.4%

Gross Profit

$321M +2.6% ▲

5Y CAGR: -23.7%

Operating Income

$50M +87.2% ▲

5Y CAGR: -22.2%

Net Income

$11M +506.4% ▲

5Y CAGR: -37.5%

EPS (Diluted)

$0.03 +506.2% ▲

5Y CAGR: -37.5%

EBITDA

$197M -0.1% ▼

5Y CAGR: -9.6%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$3.3B	$3.4B	$3.0B	$3.1B	$3.0B
YoY Growth	-3.5%	+3.2%	-10.6%	+1.6%	-1.9%
Cost of Revenue	$2.1B	$2.3B	$2.0B	$2.8B	$2.7B
Gross Profit	$1.2B	$1.1B	$1.0B	$313M	$321M
Gross Margin	35.3%	33.4%	33.6%	10.1%	10.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$575M	$574M	$512M	$527M	$271M
Operating Expenses	$1.0B	$1.0B	$953M	$286M	$271M
Operating Income	$124M	$68M	$68M	$27M	$50M
Operating Margin	3.8%	2.0%	2.2%	0.9%	1.6%
Interest Expense	$740K	$9M	$44M	$44M	$40M
Income Before Tax	$122M	$44M	$21M	-$3M	$17M
Tax Expense	$35M	$14M	$14M	$572K	$5M
Net Income	$89M	$30M	-$54M	-$3M	$11M
Net Margin	2.7%	0.9%	-1.8%	-0.1%	0.4%
EPS (Diluted)	$0.26	$0.09	$-0.16	$-0.01	$0.03
EBITDA	$269M	$231M	$113M	$197M	$197M
Shares Outstanding	345M	345M	345M	346M	345M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$1.8B	$1.6B	$1.6B	$1.4B	$1.6B	$1.5B	$1.6B	$1.4B
Cost of Revenue	$1.6B	$1.4B	$1.1B	$944M	$1.4B	$1.3B	$1.4B	$1.3B
Gross Profit	$209M	$191M	$560M	$461M	$179M	$134M	$179M	$141M
Gross Margin	11.5%	12.0%	34.3%	32.8%	11.1%	9.0%	11.1%	9.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$160M	$146M	$265M	$247M	$148M	$261M	$141M	$131M
Operating Expenses	$160M	$146M	$497M	$456M	$140M	$146M	$141M	$131M
Operating Income	$49M	$45M	$63M	$5M	$39M	-$12M	$38M	$9M
Operating Margin	2.7%	2.8%	3.8%	0.4%	2.4%	-0.8%	2.4%	0.7%
Interest Expense	$21M	$24M	$0	$26M	$22M	$22M	$20M	$20M
Income Before Tax	$25M	$19M	$45M	-$24M	$17M	-$20M	$22M	-$5M
Tax Expense	$7M	$6M	$13M	$1M	$5M	$5M	$6M	-$812K
Net Income	$17M	$12M	$32M	-$31M	$12M	-$15M	$16M	-$5M
Net Margin	1.0%	0.8%	2.0%	-2.2%	0.7%	-1.0%	1.0%	-0.3%
EPS (Diluted)	$0.05	$0.04	$0.09	$-0.07	$0.03	$-0.04	$0.05	$-0.01
EBITDA	$124M	$126M	$98M	$15M	$116M	$81M	$113M	$82M
Shares Outstanding	345M	345M	343M	360M	345M	355M	345M	345M

WHS.NZ NZE