T 
2.16
-1.82%
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 1.36bn
FY2015FY2024
Net income
−NZD 16.0m
FY2015FY2024
Free cash flow
NZD 12.6m
FY2015FY2024
Shareholders' equity
NZD 470.1m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 1.36bn | NZD 1.33bn | NZD 1.30bn | NZD 1.37bn | NZD 1.41bn | NZD 1.22bn | NZD 1.19bn | NZD 1.07bn | NZD 871.8m | NZD 812.8m |
| Gross profit | NZD 350.9m | NZD 327.0m | NZD 335.6m | NZD 357.7m | NZD 325.7m | NZD 284.6m | NZD 270.8m | NZD 270.1m | NZD 241.4m | NZD 229.1m |
| Research and development | NZD 885,000 | NZD 1.2m | NZD 986,000 | NZD 750,000 | NZD 2.0m | NZD 1.6m | NZD 1.4m | NZD 1.8m | NZD 1.4m | NZD 1.0m |
| Operating income | NZD 4.3m | −NZD 35.0m | NZD 21.5m | NZD 36.2m | NZD 28.9m | NZD 15.6m | NZD 5.6m | NZD 21.9m | NZD 16.9m | NZD 24.7m |
| Net income | −NZD 16.0m | −NZD 51.2m | −NZD 5.5m | NZD 8.9m | NZD 11.1m | NZD 901,000 | NZD 3.6m | NZD 19.4m | NZD 30.5m | NZD 18.1m |
| Diluted earnings per share | -0.13 | -0.42 | -0.04 | 0.07 | 0.09 | 0.01 | 0.05 | 0.15 | 0.25 | 0.15 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | NZD 1.13bn | NZD 1.08bn | NZD 1.08bn | NZD 984.3m | NZD 980.7m | NZD 854.2m | NZD 753.7m | NZD 798.7m | NZD 650.6m | NZD 654.0m |
| Cash and short-term investments | NZD 46.8m | NZD 32.8m | NZD 58.5m | NZD 59.0m | NZD 44.7m | NZD 36.2m | NZD 36.8m | NZD 26.4m | NZD 17.1m | NZD 13.7m |
| Total liabilities | NZD 659.4m | NZD 570.8m | NZD 520.1m | NZD 424.2m | NZD 474.1m | NZD 393.5m | NZD 353.4m | NZD 384.9m | NZD 306.1m | NZD 335.7m |
| Debt | NZD 413.5m | NZD 371.3m | NZD 305.4m | NZD 199.3m | NZD 224.9m | NZD 153.0m | NZD 150.3m | NZD 182.7m | NZD 150.1m | NZD 171.0m |
| Shareholders' equity | NZD 470.1m | NZD 504.4m | NZD 563.3m | NZD 560.1m | NZD 506.6m | NZD 460.7m | NZD 400.3m | NZD 413.8m | NZD 344.4m | NZD 318.3m |
| Shares outstanding | 123m | 123m | 124m | 123m | 123m | 129m | 123m | 123m | 121m | 118m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | NZD 60.7m | NZD 25.6m | −NZD 468,000 | NZD 55.4m | NZD 56.3m | NZD 51.0m | NZD 39.2m | NZD 13.7m | NZD 39.8m | NZD 22.5m |
| Capital spending | −NZD 48.1m | −NZD 76.1m | −NZD 106.7m | −NZD 53.2m | −NZD 46.8m | −NZD 39.5m | −NZD 30.2m | −NZD 23.7m | −NZD 34.0m | −NZD 26.9m |
| Free cash flow | NZD 12.6m | −NZD 50.5m | −NZD 107.1m | NZD 2.2m | NZD 9.5m | NZD 11.5m | NZD 9.1m | −NZD 9.9m | NZD 5.7m | −NZD 4.4m |
| Dividends paid | — | — | — | −NZD 7.4m | −NZD 7.4m | — | −NZD 14.7m | −NZD 7.4m | −NZD 1.1m | −NZD 1.9m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 920.6m | NZD 540.8m | NZD 820.1m | NZD 569.1m | NZD 765.3m | NZD 659.5m | NZD 645.5m | NZD 713.4m |
| Gross profit | NZD 210.9m | NZD 173.2m | NZD 177.7m | NZD 172.6m | NZD 154.3m | NZD 170.7m | NZD 164.9m | NZD 184.7m |
| Operating income | NZD 18.1m | NZD 15.3m | −NZD 2.6m | −NZD 34.0m | −NZD 11.6m | NZD 5.4m | NZD 15.0m | NZD 6.0m |
| Net income | −NZD 1.1m | NZD 5.4m | −NZD 21.4m | −NZD 33.4m | −NZD 17.7m | −NZD 8.4m | NZD 2.9m | NZD 8.2m |
| Diluted earnings per share | -0.01 | 0.04 | -0.18 | -0.27 | -0.15 | -0.07 | 0.02 | 0.06 |
| Total assets | NZD 1.27bn | NZD 1.13bn | NZD 1.21bn | NZD 1.08bn | NZD 1.22bn | NZD 1.08bn | NZD 1.22bn | NZD 984.3m |
| Cash and short-term investments | NZD 76.0m | NZD 46.8m | NZD 56.8m | NZD 32.8m | NZD 50.8m | NZD 58.5m | NZD 68.3m | NZD 59.0m |
| Debt | NZD 186.3m | NZD 192.8m | NZD 344.8m | NZD 315.0m | NZD 272.0m | NZD 256.6m | NZD 228.8m | NZD 167.1m |
| Shareholders' equity | NZD 479.4m | NZD 470.1m | NZD 474.8m | NZD 504.4m | NZD 536.9m | NZD 563.3m | NZD 548.5m | NZD 560.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.1% | 2.3% | 6.5% |
| Operating income | -50.9% | -22.8% | -2.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 25.2% | 25.6% | 24.8% | 25.0% |
| Operating margin | -1.1% | 0.5% | 0.9% | 1.2% |
| Net margin | -2.5% | -1.2% | -0.6% | 0.2% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.8 | -4.7 | -53.9 | 41.7 | 33.1 | 415.7 | 98.2 | 20.9 | 12.9 | 13.6 |
| Price to sales | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Jun 2021.
| FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.083 | 0.083 | 0.167 | 0.083 | 0.06 | 0.083 | 0.069 | 0.06 |
- 6-for-5 split · 30 Apr 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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