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NZ$0.01 (compared to NZ$0.013 in H1 2023)


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NZME (NZSE:NZM) H1 2024 results

Key financial results

  • Revenue: NZ$168.3 million (up 3.1% from H1 2023).

  • Net profit: NZ$1.89 million (23% less than H1 2023).

  • Profit margin: 1.1% (compared to 1.5% in H1 2023). The margin decline is due to higher expenses.

  • Earnings per share: NZ$0.01 (compared to NZ$0.013 in H1 2023).

Profit and sales growthProfit and sales growth

Profit and sales growth

All figures shown in the graph above refer to the last 12 months (TTM)

NZME Earnings Insights

Average revenue growth of 1.3% per annum is expected for the next three years. In Oceania, the media industry is forecast to grow by 1.5%.

Development of the market in New Zealand.

The company’s shares fell 4.0% compared to the previous week.

Risk analysis

Find out about the 1 warning sign we discovered it at NZME.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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