NZME H1 2026 slides: audio drives return to revenue growth
NZME released its interim financial results for the six months ending June 30, 2026, on August 24. Operating EBITDA rose 11% to $26.5 million, despite a tough economy. The audio division drove revenue growth, while digital transformation initiatives showed promise. NZME's operating revenue and other income totaled $167.0 million, a 1% increase from the same period last year.
Operating EBITDA climbed 11% to $26.5 million, with operating margin expanding 146 basis points to 15.9%. Statutory net profit after tax reached $6.6 million, up from a $0.4 million loss in the same period last year. Free cash flow grew to $7.3 million, up $5.1 million from the prior year. NZME's net debt dropped $13.9 million to $19.4 million, with a leverage ratio of 0.4 times EBITDA, below the company's target range of 0.5 to 1.0 times.
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