NZX - NZ Exchange

[Rawz]

I know of a private business (wholesale food supplier) that are doing $150m+ in revenue and the owners are looking to retire. I asked if they were considering a listing and they laughed and said prefer a larger international operator to buy them.

Bit sad that

[Sideshow Bob]

https://www.nzx.com/announcements/426706

NZX demonstrates strength & resilience in challenging time for global markets
• Group operating earnings1 of $40.1 million (excluding acquisition and integration costs), up 9.6% yearon year
• Net profit after tax (NPAT) of $13.6 million, down 4.3%
• Final dividend of 3.1 cents per share, fully imputed. FY2023 dividend total 6.1 cents per share, fullyimputed
• FY2024 operating earnings guidance range is $40 million to $44.5 million

[bull....]

you can tell nzx lost the plot there statement of results talks up all about smartshares and blames the exchange declining fortunes on economic uncertainty and economic cycles lol , blindly forgetting many other countries have the same uncertainty and cycle but there exchanges are hitting all time highs. maybe they should take there blinkers off

[Wai Wai]

NZX today announced operating earnings (EBITDA) of $40.1 million (excluding acquisition and integration costs) for the financial year ended 31 December 2023 – up 9.6%. Including acquisition and integration costs, Group operating earnings (EBITDA) for the same period were $38.9 million – up 10.9%

Can someone explain this to this old dog?

[Ricky-bobby]

A bit of movement on this one over the last few weeks.. has gained at least 15 cents..

[Sideshow Bob]

https://businessdesk.co.nz/article/m...c743-402467359

Paywalled.

Directors looking for a mere 38% increase in their Remuneration pool.....

[Jaa]

Interesting to see Sharesies are buying Orchestra. Who needs the NZX?

Roberts said Orchestra's services were used by more than 500 private company clients and 60,000 shareholders, and counted Sharesies as one of its clients.

...

"We already support more than 30 listed companies and 10,000 staff with their staff share schemes and shareholder communications."

https://www.rnz.co.nz/news/business/...vice-orchestra