New Zealand · Delayed Price · Currency is NZD NZME Limited Earnings Call Transcripts
Fiscal Year 2026
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Strong financial turnaround in 2025 with improved profitability, digital growth, and cost discipline. Board refreshed with new directors, workplace culture initiatives launched, and innovation in digital platforms prioritized. Shareholders discussed market share, Google contract risk, and strategic expansion.
Fiscal Year 2025
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Underlying profitability improved in 2025, with EBITDA up 15% and a return to statutory profit. Strong cost discipline, digital growth in OneRoof and Audio, and a robust balance sheet position the group for cautious optimism in 2026.
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Operating EBITDA rose 12% year-over-year to $23.9 million despite lower revenue, driven by cost reductions and digital growth. OneRoof and Audio segments outperformed, while Publishing saw mixed results. Full-year EBITDA is forecast at $57–$59 million, with continued focus on digital and cost optimization.
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The meeting reviewed a year of digital growth, cost management, and strategic transformation amid industry challenges. Shareholders approved new board appointments, discussed OneRoof's future, and addressed governance and editorial independence. Voting results to be released via NZX and ASX.
Fiscal Year 2024
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Operating revenue grew 2% year-over-year despite a tough market, with digital and OneRoof driving growth. Net loss was impacted by a non-cash impairment, but strong digital momentum and cost control position the company for improved results in 2025.
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Operating revenue grew 3% to NZD 171 million, with digital segments driving growth and OneRoof achieving profitability. Despite challenging market conditions, cost controls and digital transformation supported stable EBITDA and a maintained dividend.