S 
6.16
-0.65%
Close of 9 Nov 2026, in NZD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in NZD, from our data supplier.
Revenue
NZD 360.9m
FY2016FY2025
Net income
NZD 259.8m
FY2016FY2025
Free cash flow
NZD 299.4m
FY2016FY2025
Shareholders' equity
NZD 3.33bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 360.9m | NZD 318.6m | NZD 270.5m | NZD 238.3m | NZD 205.3m | NZD 172.4m | NZD 153.7m | NZD 136.8m | NZD 110.3m | NZD 85.8m |
| Research and development | — | — | — | NZD 1 | NZD 3 | NZD 1 | NZD 1 | — | — | — |
| Operating income | NZD 5.9m | NZD 40.4m | NZD 450.0m | NZD 282.1m | NZD 555.7m | NZD 235.2m | NZD 23.6m | NZD 6.0m | NZD 5.6m | NZD 1.9m |
| Net income | NZD 259.8m | NZD 339.8m | NZD 436.3m | NZD 269.1m | NZD 543.7m | NZD 230.8m | NZD 175.3m | NZD 214.5m | NZD 223.4m | NZD 145.5m |
| Diluted earnings per share | 1.25 | 1.44 | 1.87 | 1.16 | 2.36 | 1.01 | 0.77 | 0.95 | 1.00 | 0.66 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | NZD 9.24bn | NZD 8.07bn | NZD 6.94bn | NZD 5.84bn | NZD 4.92bn | NZD 3.89bn | NZD 3.34bn | NZD 2.77bn | NZD 2.23bn | NZD 1.71bn |
| Cash and short-term investments | NZD 6.0m | NZD 15.5m | NZD 14.2m | NZD 52.6m | NZD 14.1m | NZD 34.2m | NZD 34.1m | NZD 12.1m | NZD 8.8m | NZD 8.7m |
| Total liabilities | NZD 5.91bn | NZD 5.10bn | NZD 4.34bn | NZD 3.65bn | NZD 3.00bn | NZD 2.54bn | NZD 2.21bn | NZD 1.79bn | NZD 1.45bn | NZD 1.16bn |
| Debt | NZD 1.98bn | NZD 1.73bn | NZD 1.41bn | NZD 1.08bn | NZD 901.0m | NZD 813.0m | NZD 698.7m | NZD 523.8m | NZD 397.7m | NZD 303.5m |
| Shareholders' equity | NZD 3.33bn | NZD 2.97bn | NZD 2.61bn | NZD 2.19bn | NZD 1.92bn | NZD 1.35bn | NZD 1.13bn | NZD 978.8m | NZD 785.8m | NZD 545.6m |
| Shares outstanding | 209m | 236m | 233m | 232m | 230m | 228m | 227m | 225m | 223m | 220m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | NZD 447.0m | NZD 443.2m | NZD 398.2m | NZD 282.7m | NZD 11.6m | NZD 266.8m | NZD 237.9m | NZD 217.8m | NZD 207.7m | NZD 192.6m |
| Capital spending | −NZD 147.5m | −NZD 84.8m | −NZD 111.0m | −NZD 53.6m | −NZD 43.2m | −NZD 26.2m | −NZD 19.3m | −NZD 24.0m | −NZD 23.4m | −NZD 24.5m |
| Free cash flow | NZD 299.4m | NZD 358.3m | NZD 287.2m | NZD 229.1m | −NZD 31.6m | NZD 240.7m | NZD 218.6m | NZD 193.8m | NZD 184.3m | NZD 168.1m |
| Dividends paid | −NZD 32.6m | −NZD 33.5m | −NZD 34.3m | −NZD 28.2m | −NZD 23.7m | −NZD 19.4m | −NZD 19.5m | −NZD 17.8m | −NZD 19.9m | −NZD 13.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 200.1m | NZD 188.4m | NZD 172.5m | NZD 167.6m | NZD 151.1m | NZD 143.2m | NZD 127.3m | NZD 124.4m |
| Operating income | NZD 10.6m | NZD 5.0m | NZD 126.6m | −NZD 118.2m | NZD 133.5m | NZD 298.3m | NZD 8.3m | NZD 7.6m |
| Net income | NZD 171.3m | NZD 132.6m | NZD 127.2m | NZD 237.7m | NZD 102.2m | NZD 303.3m | NZD 133.1m | NZD 134.4m |
| Diluted earnings per share | 0.86 | 0.64 | 0.61 | 1.01 | 0.43 | 1.30 | 0.57 | 0.58 |
| Cash from operations | NZD 229.0m | NZD 268.0m | NZD 228.0m | NZD 251.0m | NZD 191.0m | NZD 207.0m | NZD 109.0m | NZD 160.0m |
| Capital spending | −NZD 52.0m | −NZD 73.0m | −NZD 108.0m | −NZD 20.0m | −NZD 64.0m | −NZD 27.0m | −NZD 30.0m | −NZD 29.0m |
| Free cash flow | NZD 177.0m | NZD 195.0m | NZD 120.0m | NZD 231.0m | NZD 127.0m | NZD 180.0m | NZD 79.0m | NZD 131.0m |
| Total assets | NZD 9.83bn | NZD 9.24bn | NZD 8.68bn | NZD 8.07bn | NZD 7.36bn | NZD 6.94bn | NZD 6.30bn | NZD 5.84bn |
| Cash and short-term investments | NZD 14.1m | NZD 6.0m | NZD 35.2m | NZD 15.5m | NZD 39.1m | NZD 32.0m | NZD 35.0m | NZD 52.6m |
| Debt | — | NZD 2.06bn | NZD 125.0m | NZD 1.71bn | — | NZD 1.40bn | — | NZD 1.22bn |
| Shareholders' equity | NZD 3.51bn | NZD 3.33bn | NZD 3.17bn | NZD 2.97bn | NZD 2.70bn | NZD 2.61bn | NZD 2.31bn | NZD 2.19bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.8% | 15.9% | 18.1% |
| Operating income | -72.4% | -52.1% | -1.9% |
| Net income | -1.2% | 2.4% | 11.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 6.8% | 65.5% | 100.2% | 76.1% |
| Net margin | 88.2% | 109.8% | 132.8% | 137.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.9 | 9.1 | 5.5 | 7.6 | 5.8 | 12.4 | 11.5 | 6.7 | 5.5 | 7.1 |
| Price to sales | 7.1 | 9.7 | 8.8 | 8.6 | 15.3 | 16.6 | 13.1 | 10.5 | 11.1 | 12.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 8 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.17 | 0.245 | 0.315 | 0.229 | 0.193 | 0.169 | 0.137 | 0.136 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.