NZL.NZ | New Zealand Rural Land Company Limited Annual &

Annual Income Statements

(In NZD)

Breakdown	2023	2023	2022	2021
Revenue	17.22 Million	-	9.1 Million	620 Thousand
Cost of Revenue	1.94 Million	-	700.74 Thousand	1.83 Million
Gross Profit	15.28 Million	-	8.4 Million	-1.21 Million
Operating Expenses	918 Thousand	-	5.49 Million	715 Thousand
Selling, General and Administrative Expenses	-	-	241.71 Thousand	-
Research and Development Expenses	-	-	-	-
Other Expenses	-918 Thousand	-	39.18 Million	-715 Thousand
Cost and Expenses	2.85 Million	-	6.19 Million	2.55 Million
Operating Income	14.37 Million	-	46.03 Million	-1.93 Million
Interest Expense	11.38 Million	-	2.66 Million	-
Income Tax Expense	-483 Thousand	-	-628.67 Thousand	-522 Thousand
Earnings before Tax	10.37 Million	-	43.36 Million	14.59 Million
Net Income	10.85 Million	-	43.99 Million	15.11 Million
Earnings Per Share Basic	0.08	-	0.46	0.37
Earnings Per Share Diluted	0.08	-	0.46	0.37
Weighted Average Shares Outstanding	134.64 Million	-	94.85 Million	41.32 Million
Weighted Average Shares Outstanding (Diluted)	134.64 Million	-	94.85 Million	41.32 Million
Gross Margin	0.89	-	0.92	-1.96
EBIT Margin	0.83	-	5.05	-3.12
Profit Margin	0.63	-	4.83	24.38
EBITDA	14.37 Million	-	46.03 Million	-1.93 Million
Earnings Before Tax Margin	0.83	-	5.05	-3.12

Breakdown	2024 FY	2024 Q2	2023 FY	2023 Q4	2022 FY	2021 FY
Revenue	17.22 Million	9.45 Million	-	7.77 Million	9.1 Million	620 Thousand
Cost of Revenue	1.94 Million	1.43 Million	-	521 Thousand	700.74 Thousand	1.83 Million
Gross Profit	15.28 Million	8.01 Million	-	7.25 Million	8.4 Million	-1.21 Million
Operating Expenses	918 Thousand	294 Thousand	-	511 Thousand	5.49 Million	715 Thousand
Selling, General and Administrative Expenses	-	-	-	-	-	-
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-918 Thousand	-294 Thousand	-	-511 Thousand	39.18 Million	-715 Thousand
Cost and Expenses	2.85 Million	1.82 Million	-	1.03 Million	6.19 Million	2.55 Million
Operating Income	14.37 Million	7.72 Million	-	6.74 Million	46.03 Million	-1.93 Million
Interest Expense	11.38 Million	7.23 Million	-	4.15 Million	2.66 Million	-
Income Tax Expense	-483 Thousand	-580 Thousand	-	97 Thousand	-628.67 Thousand	-522 Thousand
Earnings before Tax	10.37 Million	7.78 Million	-	2.58 Million	43.36 Million	14.59 Million
Net Income	10.85 Million	8.36 Million	-	2.49 Million	43.99 Million	15.11 Million
Earnings Per Share Basic	-	0.06	-	0.02	-	-
Earnings Per Share Diluted	-	0.06	-	0.02	-	-
Weighted Average Shares Outstanding	134.64 Million	-	-	129.69 Million	94.85 Million	41.32 Million
Weighted Average Shares Outstanding (Diluted)	134.64 Million	-	-	129.69 Million	94.85 Million	41.32 Million
Gross Margin	0.89	0.85	-	0.93	0.92	-1.96
EBIT Margin	-	0.82	-	0.87	-	-
Profit Margin	0.63	0.88	-	0.32	4.83	24.38
EBITDA	-	7.72 Million	-	6.76 Million	-	-
Earnings Before Tax Margin	0.83	0.82	-	0.87	5.05	-3.12