Latest New Zealand News

AVADA Group Limited reported a revenue increase in Q1 FY26 despite ending a major contract, alongside a significant reduction in operating cash outflows and ongoing debt repayments.

Cluey Ltd has reported its strongest-ever underlying EBITDA alongside improved cash flow, while ramping up investments in AI-powered product development set to launch in 2026.

Intelligent Monitoring Group reports a modest Q1 cash inflow amid restructuring and acquisitions, with a growing $45.2 million pipeline and promising prospects for its ADT Guard live video monitoring service.

Humm Group reports a 14% decline in new loan originations for 1Q26, driven by a steep 61% fall in Australian Point of Sale volumes following regulatory changes and technology setbacks. However, international growth and asset expansion provide some offset.

Aumake Limited reported a near-breakeven quarter with strong cash receipts and launched a new health product brand while securing a strategic partnership to expand Australian agricultural exports to China.

SkyCity Entertainment Group reported a decline in FY25 revenue and earnings but remains confident in its FY26 outlook, underpinned by cost savings and strategic initiatives.

Foresta Group Holdings finalises a $4.6 million insurance settlement and progresses key contracts for its Kawerau Plant, reporting a solid cash position as it deepens forestry sector partnerships.

Entertainment Rewards Ltd reported a 2.2% revenue increase in Q1 FY26, driven by strong membership growth and Card Linked Offers, while securing an additional $3 million loan to support its strategic initiatives.

Aeris Environmental Ltd reports strong Q1 FY26 growth, expanding its Syncromesh smart building platform into new sectors and international markets while maintaining solid financial discipline.

Duxton Farms has completed a A$4.55 million placement and announced a discounted Share Purchase Plan to fund its merger and development projects.

Nuchev Limited reported a robust 30% increase in group revenue to $6.5 million in Q1 FY26, driven by strong sales across ANZ, China, and a new foothold in Vietnam. The company’s strategic acquisitions and product launches underpin its expanding market presence and diversification.

Nuchev Limited has locked in a $2 million unsecured working capital facility from major shareholders, aiming to fuel its expansion and push towards profitability in the near term.