Meridian Energy Income Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	4,588	4,835	4,856	3,222	3,776	3,963
Revenue Growth (YoY)	-8.24%	-0.43%	50.71%	-14.67%	-4.72%	16.39%
Depreciation & Amortization	483	447	334	294	293	271
Other Operating Expenses	4,122	4,885	3,849	2,774	2,922	3,114
Total Operating Expenses	4,605	5,332	4,183	3,068	3,215	3,385
Operating Income	-17	-497	673	154	561	578
Interest Expense	-95	-96	-73	-31	63	-2
Interest Income	3	5	12	11	3	-
Net Interest Expense	-92	-91	-61	-20	66	-2
EBT Excluding Unusual Items	-108	-588	612	134	627	576
Gain (Loss) on Sale of Investments	8	8	-	-	-	-
Gain (Loss) on Sale of Assets	-6	-6	-	-	-	-
Asset Writedown	-28	-33	-18	-8	-2	-
Pretax Income	-134	-619	594	126	625	576
Income Tax Expense	-30	-167	165	31	174	161
Earnings From Continuing Ops.	-104	-452	429	95	451	415
Earnings From Discontinued Ops.	-	-	-	-	213	13
Net Income	-104	-452	429	95	664	428
Net Income to Common	-104	-452	429	95	664	428
Net Income Growth	-	-	351.58%	-85.69%	55.14%	144.57%
Shares Outstanding (Basic)	2,621	2,604	2,588	2,582	2,571	2,563
Shares Outstanding (Diluted)	2,621	2,604	2,588	2,582	2,571	2,563
Shares Change (YoY)	1.03%	0.64%	0.22%	0.42%	0.31%	-
EPS (Basic)	-0.04	-0.17	0.17	0.04	0.26	0.17
EPS (Diluted)	-0.04	-0.17	0.17	0.04	0.26	0.17
EPS Growth	-	-	350.56%	-85.75%	54.66%	144.57%
Free Cash Flow	494	175	386	193	320	355
Free Cash Flow Per Share	0.19	0.07	0.15	0.07	0.12	0.14
Dividend Per Share	0.212	0.210	0.210	0.179	0.174	0.169
Dividend Growth	1.19%	-	17.32%	2.87%	2.96%	-
Profit Margin	-2.27%	-9.35%	8.83%	2.95%	17.59%	10.80%
Free Cash Flow Margin	10.77%	3.62%	7.95%	5.99%	8.48%	8.96%
EBITDA	446	-70	975	418	834	857
EBITDA Margin	9.72%	-1.45%	20.08%	12.97%	22.09%	21.63%
D&A For EBITDA	463	427	302	264	273	279
EBIT	-17	-497	673	154	561	578
EBIT Margin	-0.37%	-10.28%	13.86%	4.78%	14.86%	14.59%
Effective Tax Rate	-	-	27.78%	24.60%	27.84%	27.95%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.