NZME Limited Income Statement

Financials in millions NZD. Fiscal year is January - December.

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	341.28	345.92	340.75	355.43	348.56
Revenue Growth (YoY)	-1.34%	1.52%	-4.13%	1.97%	8.20%
Cost of Revenue	285.16	296.74	290.22	259.64	276.66
Gross Profit	56.12	49.19	50.53	95.79	71.9
Selling, General & Admin	-	-	-	41.23	6.5
Other Operating Expenses	-1.12	-1.75	-3.65	-4.08	-0.33
Operating Expenses	29.84	28.13	24.97	64.54	32.49
Operating Income	26.28	21.05	25.56	31.25	39.41
Interest Expense	-6.51	-7.66	-7.4	-6.23	-7.28
Interest & Investment Income	0.36	0.36	0.45	0.4	0.15
Earnings From Equity Investments	-	-0.21	-0.59	-0.16	-0.45
Other Non Operating Income (Expenses)	2.79	2.59	2.79	5.97	0.77
EBT Excluding Unusual Items	22.92	16.14	20.81	31.24	32.59
Merger & Restructuring Charges	-5.32	-4.13	-2.69	-0.57	-2.02
Impairment of Goodwill	-	-2.69	-	-	-
Gain (Loss) on Sale of Investments	-	-0.73	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	15.83
Asset Writedown	-	-21.31	-	-	-2.48
Other Unusual Items	1.04	0.21	-0.34	0.56	-1.67
Pretax Income	18.64	-12.5	17.78	31.24	42.25
Income Tax Expense	5.55	3.54	5.58	8.56	7.82
Earnings From Continuing Operations	13.09	-16.04	12.2	22.68	34.43
Net Income to Company	13.09	-16.04	12.2	22.68	34.43
Minority Interest in Earnings	-	-	0.59	0.7	0.21
Net Income	13.09	-16.04	12.79	23.38	34.65
Net Income to Common	13.09	-16.04	12.79	23.38	34.65
Net Income Growth	-	-	-45.31%	-32.51%	134.29%
Shares Outstanding (Basic)	188	187	184	193	198
Shares Outstanding (Diluted)	190	187	191	200	205
Shares Change (YoY)	1.59%	-2.33%	-4.48%	-2.25%	0.93%
EPS (Basic)	0.07	-0.09	0.07	0.12	0.18
EPS (Diluted)	0.07	-0.09	0.07	0.12	0.17
EPS Growth	-	-	-42.77%	-30.95%	132.23%
Free Cash Flow	46.5	34.22	38.19	32.53	45.34
Free Cash Flow Per Share	0.24	0.18	0.20	0.16	0.22
Dividend Per Share	0.090	0.090	0.090	0.090	0.080
Dividend Growth	-	-	-	12.50%	-
Gross Margin	16.44%	14.22%	14.83%	26.95%	20.63%
Operating Margin	7.70%	6.09%	7.50%	8.79%	11.31%
Profit Margin	3.84%	-4.64%	3.75%	6.58%	9.94%
Free Cash Flow Margin	13.62%	9.89%	11.21%	9.15%	13.01%
EBITDA	35.84	30.38	36.37	43.51	50.79
EBITDA Margin	10.50%	8.78%	10.67%	12.24%	14.57%
D&A For EBITDA	9.57	9.33	10.81	12.25	11.38
EBIT	26.28	21.05	25.56	31.25	39.41
EBIT Margin	7.70%	6.09%	7.50%	8.79%	11.31%
Effective Tax Rate	29.79%	-	31.38%	27.40%	18.50%
Revenue as Reported	345.55	350.63	347.64	365.89	365.63

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.