1.15
+0.88%
Close of 9 Nov 2026, in NZD
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About Livestock Improvement Corporation
Its shares trade on NZX under the ticker LIC.NZ. It has been listed since 21 April 2004. In the fiscal year to 31 May 2025, it reported revenue of NZD 295.1m and net income of NZD 30.6m. At that date it held total assets of NZD 392.0m and shareholders' equity of NZD 298.4m.
Livestock Improvement Corp. Ltd. engages in the development, production, and marketing of artificial breeding, genetics, farm solutions and herd testing services. The firm's segments include NZ market genetics, Herd testing, Farm software and Diagnostics. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. The Herd testing segment is engaged in herd testing and animal recording for dairy farmers. The Farm software segment provides data recording, tags and farm management information services. The Diagnostics segment provides deoxyribonucleic acid (DNA) and animal health testing services. The firm's products and services include MINDA, premier sires, alpha, herd testing and animal health and DNA testing. The firm helps in taking decisions about its customers animals and farming operations with MINDA, its herd management system.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food Products
- Listed since
- 21 Apr 2004
- Employees
- 237
- Website
- lic.co.nz ↗
Leadership
Pay as last reported
- Mr. Corrigan SowmanChairman of the Board, since 2023
- Mr. David ChinChief Executive Officer
- Mr. Brent MealingsChief Financial Officer
- Ms. Roz UrbahnChief People Officer
- Dr. Richard SpelmanChief Scientist
- Ms. Emma BlottGeneral Manager - Commercial
- Kellie BurbidgeGeneral Manager - New Zealand Market
- Mr. Gray Walter BaldwinDirectorNZD 54,000
- Mr. Antony ColtmanDirector
- Mr. Benjamin DickieDirectorNZD 54,000
- Mr. Kenneth HamesDirectorNZD 54,000
- Mr. Michael O'connorDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Livestock Improvement Corporation Ltd provides MINDA herd management system for dairy farmers in New Zealand.
- NZ market genetics segment offers bovine genetic breeding material to dairy farmers.
- Farm software segment delivers data recording and farm management services in New Zealand.
Weaknesses
- Herd testing segment focuses solely on dairy farmers in New Zealand.
- Diagnostics segment offers DNA testing services limited to New Zealand.
- Farm software segment lacks international expansion beyond New Zealand.
Opportunities
- Expanding MINDA system to international dairy markets could increase global reach.
- NZ market genetics segment can target new dairy farmer segments in New Zealand.
- Farm software segment can integrate with global farm management platforms.
Threats
- Dairy industry downturns in New Zealand could impact herd testing segment revenue.
- New Zealand's regulatory changes may affect genetic breeding material sales.
- Competition from international firms in DNA testing services poses a threat.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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