NZME Limited (NZM)

NZX-listed Communication Services company — share price, dividends, financials, board of directors and governance score.

NZME Limited (NZX:NZM) last traded at $1.00 on 22 Oct 2026, a market capitalisation of $192M NZD, a board of 6 directors chaired by Kate Parsons and a Governance Risk Score of 63/100.

NZME Limited is New Zealand's leading integrated media and entertainment company, operating across print, digital, radio, and e-commerce platforms. The company publishes the New Zealand Herald, the country's largest daily newspaper, along with regional titles and digital news platforms including nzherald.co.nz and the Herald app. NZME's radio portfolio includes popular stations such as Newstalk ZB, ZM, The Hits, Coast, and Flava, reaching millions of listeners weekly. The company also operates OneRoof (property), Driven (automotive), and other digital marketplace businesses. Listed on the NZX, NZME has successfully transformed from a traditional print media company into a diversified digital-first media business, generating revenue from advertising, subscriptions, e-commerce, and events.

Share price
$1.00-0.50%
Market cap
$192MNZD
P/E ratio
16.6
Dividend yield
9.00%trailing 12m
Return on equity
13.4%
Governance score
63/100Good
Board size
683% independent
Last dividend
3.00cFY2026

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How NZME Limited makes money — FY2025

Revenue $341.3m · EBITDA $56.3m (16.5% of revenue) · Net profit $13.1m (3.8% of revenue)

NZME Limited (NZM) FY2025: where revenue of $341.3m wentAudio → Revenue: $122.0mRevenue → EBITDA: $56.3mRevenue → Operating costs (net of other income): $285.0mEBITDA → EBIT: $25.3mEBITDA → Depreciation & amortisation: $31.0mEBIT → Net profit: $13.1mEBIT → Interest: $6.7mEBIT → Income tax: $5.6mPublishing → Revenue: $188.6mOneRoof → Revenue: $28.5mOther → Revenue: $2.2mAudio: $122.0mAudio$122.0mPublishing: $188.6mPublishing$188.6mOneRoof: $28.5mOneRoof$28.5mOther: $2.2mOther$2.2mRevenue: $341.3mRevenue$341.3mEBITDA: $56.3m (derived)EBITDA$56.3m · derivedOperating costs (net of other income): $285.0m (derived)Operating costs (net ofother income)$285.0m · derivedEBIT: $25.3mEBIT$25.3mDepreciation & amortisation: $31.0mDepreciation &amortisation$31.0mNet profit: $13.1mNet profit$13.1mInterest: $6.7mInterest$6.7mIncome tax: $5.6mIncome tax$5.6m

Band widths are proportional to NZD amounts. Dashed outlines mark derived figures; the hatched node is a balancing item (net profit less every line above it).

NZME Limited FY2025 figures used in the chart
FY2025AmountStatusNote
Revenue$341.3mReported
Operating costs (net of other income)−$285.0mDerived *Reported operating expenses $289.3m do not reconcile; not used.
EBITDA$56.3mDerived *
Depreciation & amortisation−$31.0mReported
EBIT$25.3mReported
Interest (net finance costs)−$6.7mReported
Income tax−$5.6mReported
Other items (net gain)+$0Balancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$13.1mReported
  • * ebitda: $56.3m = EBIT + depreciation & amortisation
  • * operating costs: $285.0m = Revenue − EBITDA

Figures extracted automatically from the annual report; check against the report. NZD thousands as stored, shown in millions. Source: annual_report_pdf · method: claude_haiku_pdf · extracted 7 March 2026.

Annual report: NZME Limited Annual Report (PDF, NZX)

Every charted year for NZM, with checks

NZME Limited board of directors

6 current directors, 83% independent, average tenure 3.1 years.

DirectorRoleIndependentAppointedTenureCommittees
Kate ParsonsChairYes20260.7 yrs—
Sussan TurnerIndependent DirectorYes20188.3 yrsGovernance & Remuneration
Steven Leonard JoyceIndependent DirectorYes20251.4 yrs—
Bowen PanIndependent DirectorYes20251.4 yrs—
Guy HorrocksIndependent DirectorYes20215.7 yrsSolve Data, Inc., New Zealand Mint Limited, Tracksuit Limited, Setpoint Technologies Inc, Ezirent
James (Jim) GrenonNon-Independent DirectorNo20251.4 yrsAudit & Risk Committee, People Remuneration & Nominations Committee

NZM governance score breakdown

NZME Limited scores 63/100 (Good) on the NZXplorer Governance Risk Score for FY2026, based on 73% data coverage. See the GRS methodology.

Board structure
23/25
Shareholder rights
4/20
Executive remuneration
4/10

NZM dividends

The most recent NZME Limited dividend on record is 3.00 cents per share, for FY2026 (interim), 100% imputed, ex-dividend 10 Sept 2026, paid 23 Sept 2026.

NZME Limited largest shareholders

Top 10 registered holders of NZM as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1Citicorp Nominees Pty Limited21.21%
2James Grenon18.44%
3HSBC Custody Nominees (Australia) Limited7.31%
4Bnp Paribas Nominees Pty Ltd4.40%
6Mmc Queen Street Nominees Ltd Acf Salt Long Short Fund2.55%
7FNZ Custodians Limited2.34%
8Accident Compensation Corporation1.92%
10Bnp Paribas Nominees NZ Limited BPSS401.68%
11Michael Raymond Boggs1.67%
12J P Morgan Nominees Australia Pty Limited1.53%

Recent NZM NZX announcements

The 10 most recent filings by NZME Limited to the NZX.

NZME Limited (NZM) — frequently asked questions

What does NZME Limited do?

NZME Limited is New Zealand's leading integrated media and entertainment company, operating across print, digital, radio, and e-commerce platforms. The company publishes the New Zealand Herald, the country's largest daily newspaper, along with regional titles and digital news platforms including nzherald.co.nz and the Herald app. NZME's radio portfolio includes popular stations such as Newstalk ZB, ZM, The Hits, Coast, and Flava, reaching millions of listeners weekly. The company also operates OneRoof (property), Driven (automotive), and other digital marketplace businesses. Listed on the NZX, NZME has successfully transformed from a traditional print media company into a diversified digital-first media business, generating revenue from advertising, subscriptions, e-commerce, and events. NZME Limited is listed on the NZX under the ticker NZM, in the Communication Services sector.

What is the NZME Limited (NZM) share price?

NZME Limited (NZX:NZM) shares closed at $1.00 on 22 October 2026, down 0.50% on the previous close. At that price its market capitalisation was about $188 million, based on 188,181,619 shares on issue.

Who are the directors of NZME Limited?

NZME Limited has 6 current directors: Kate Parsons (Chair), Sussan Turner (Independent Director), Steven Leonard Joyce (Independent Director), Bowen Pan (Independent Director), Guy Horrocks (Independent Director) and James (Jim) Grenon (Non-Independent Director). 5 of the 6 are recorded as independent (83%). Average board tenure is 3.1 years.

Who is the chair of NZME Limited?

Kate Parsons chairs the NZME Limited board, and has been a director since 2026.

Who is the CEO of NZME Limited?

Michael Boggs is the Chief Executive Officer of NZME Limited.

What was NZME Limited's most recent dividend?

The most recent NZME Limited dividend on record is 3.00 cents per share for FY2026 (interim), 100% imputed, ex-dividend 10 September 2026, paid 23 September 2026.

What is NZME Limited's dividend yield?

NZME Limited's trailing 12-month dividend yield is 9.00%, as at 22 October 2026. That is 9.00 cents per share of ordinary dividends with an ex-date in the 12 months to 22 October 2026, divided by the 22 October 2026 closing price of $1.00. Special dividends are excluded.

Who are the largest shareholders of NZME Limited?

The largest registered holder of NZM shares in the FY2025 top-20 register was Citicorp Nominees Pty Limited, with 21.21%, followed by James Grenon (18.44%) and HSBC Custody Nominees (Australia) Limited (7.31%). Custodians and nominees on the register hold shares on behalf of other investors.

What is NZME Limited's governance score?

NZME Limited has an NZXplorer Governance Risk Score of 63/100 (Good) for FY2026, based on 73% data coverage.

When was the last NZME Limited annual meeting?

The most recent NZME Limited annual meeting on record was held on 22 April 2026.

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