NZX Governance Explorer

Solution Dynamics Limited (SDL)

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

Solution Dynamics Limited (NZX:SDL) last traded at $0.63 on 21 Oct 2026, a market capitalisation of $9M NZD, a board of 6 directors chaired by John McMahon and a Governance Risk Score of 63/100.

Solution Dynamics provides secure document and communications solutions including print, mail processing, and digital delivery services.

Share price
$0.63+0.80%
Market cap
$9MNZD
P/E ratio
22.6
Dividend yield
6.35%trailing 12m
Return on equity
3.5%
Governance score
63/100Good
Board size
667% independent
Last dividend
2.00cFY2026

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How Solution Dynamics Limited makes money — FY2026

Revenue $31.2m · EBITDA $1.1m (3.6% of revenue) · Net profit $382k (1.2% of revenue)

Solution Dynamics Limited (SDL) FY2026: where revenue of $31.2m wentRevenue → EBITDA: $1.1mRevenue → Operating costs (net of other income): $30.0mEBITDA → EBIT: $129kEBITDA → Depreciation & amortisation: $1.0mEBIT → Net profit: $129kOther items (net gain) → Net profit: $253kOther items (net gain) → Interest: $83kOther items (net gain) → Income tax: $168kRevenue: $31.2mRevenue$31.2mEBITDA: $1.1mEBITDA$1.1mOperating costs (net of other income): $30.0m (derived)Operating costs (net ofother income)$30.0m · derivedEBIT: $129kEBIT$129kDepreciation & amortisation: $1.0mDepreciation &amortisation$1.0mOther items (net gain): $504k (balancing item)Other items (net gain)$504k · balancingNet profit: $382kNet profit$382kInterest: $83kInterest$83kIncome tax: $168kIncome tax$168k

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).

Solution Dynamics Limited FY2026 figures used in the chart
FY2026AmountStatusNote
Revenue$31.2mReported
Operating costs (net of other income)−$30.0mDerived *Reported operating expenses $3.2m do not reconcile; not used.
EBITDA$1.1mReported
Depreciation & amortisation−$1.0mReported
EBIT$129kReported
Interest (net finance costs)−$83kReported
Income tax−$168kReported
Other items (net gain)+$504kBalancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$382kReported
  • * operating costs: $30.0m = 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 5 September 2026.

Every charted year for SDL, with checks

Solution Dynamics Limited board of directors

6 current directors, 67% independent, average tenure 8.3 years.

DirectorRoleIndependentAppointedTenureCommittees
John McMahonChairNo201213.8 yrs—
Andrew John PreeceIndependent DirectorYes20197.5 yrs—
Patrick BrandExecutive DirectorNo20214.9 yrs—
Lee EglintonIndependent DirectorYes20197.4 yrs—
Julian BeavisIndependent DirectorYes20188.1 yrs—
Elmar ToimeIndependent DirectorYes20188.1 yrs—

SDL governance score breakdown

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

Board structure
18/25
Shareholder rights
13/20
Executive remuneration
5/10

SDL dividends

The most recent Solution Dynamics Limited dividend on record is 2.00 cents per share, for FY2026 (final), 100% imputed, ex-dividend 10 Sept 2026, paid 25 Sept 2026.

Solution Dynamics Limited largest shareholders

Top 10 registered holders of SDL as disclosed for FY2026. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1ASB NOMINEES LIMITED11.26%
2PHILIP HADFIELD HARDIE BOYS & KIRSTY MERRAN HARDIE BOYS & SZIGETVARY TRUSTEE SERVCES LIMITED <P & K HARDIE BOYS FAMILY A/C>7.39%
3TRACEY LEE SIVASUBRAMANIAM <N & T SIVA FAMILY A/C>6.26%
4CUSTODIAL SERVICES LIMITED5.70%
5JBWERE (NZ) NOMINEES LIMITED5.15%
6ACCIDENT COMPENSATION CORPORATION4.91%
7NEW ZEALAND DEPOSITORY NOMINEE LIMITED4.42%
8KIRSTEN ROBERTS3.69%
9COLIN GLENN GIFFNEY3.66%
10DEIRDRE ELIZABETH TALLOTT3.66%

SDL government contracts

Solution Dynamics Limited has been named as an awarded supplier on 2 New Zealand government contracts published on GETS, most recently on 9 Jul 2025. None of them discloses an award value.

Most frequent agency: Dunedin City Council.

AwardedAgencyContractValue
9 Jul 2025Dunedin City CouncilProcessing of Rating Noticesnot disclosed
3 Jul 2019Dunedin City CouncilRating Account Processing Servicesnot disclosed

Full government procurement analysis on PublicData · All NZX companies with government contracts

Source: MBIE GETS Open Data. An award of $0 or blank is treated as undisclosed.

Recent SDL NZX announcements

The 10 most recent filings by Solution Dynamics Limited to the NZX.

Solution Dynamics Limited (SDL) — frequently asked questions

What does Solution Dynamics Limited do?

Solution Dynamics provides secure document and communications solutions including print, mail processing, and digital delivery services. Solution Dynamics Limited is listed on the NZX under the ticker SDL, in the Consumer Discretionary sector.

What is the Solution Dynamics Limited (SDL) share price?

Solution Dynamics Limited (NZX:SDL) shares closed at $0.63 on 21 October 2026, up 0.80% on the previous close. At that price its market capitalisation was about $8.9 million, based on 14,181,685 shares on issue.

Who are the directors of Solution Dynamics Limited?

Solution Dynamics Limited has 6 current directors: John McMahon (Chair), Andrew John Preece (Independent Director), Patrick Brand (Executive Director), Lee Eglinton (Independent Director), Julian Beavis (Independent Director) and Elmar Toime (Independent Director). 4 of the 6 are recorded as independent (67%). Average board tenure is 8.3 years.

Who is the chair of Solution Dynamics Limited?

John McMahon chairs the Solution Dynamics Limited board, and has been a director since 2012.

Who is the CEO of Solution Dynamics Limited?

Patrick Brand is the Chief Executive Officer of Solution Dynamics Limited.

What was Solution Dynamics Limited's most recent dividend?

The most recent Solution Dynamics Limited dividend on record is 2.00 cents per share for FY2026 (final), 100% imputed, ex-dividend 10 September 2026, paid 25 September 2026.

What is Solution Dynamics Limited's dividend yield?

Solution Dynamics Limited's trailing 12-month dividend yield is 6.35%, as at 21 October 2026. That is 4.00 cents per share of ordinary dividends with an ex-date in the 12 months to 22 October 2026, divided by the 21 October 2026 closing price of $0.63. Special dividends are excluded.

Who are the largest shareholders of Solution Dynamics Limited?

The largest registered holder of SDL shares in the FY2026 top-20 register was ASB NOMINEES LIMITED, with 11.26%, followed by PHILIP HADFIELD HARDIE BOYS & KIRSTY MERRAN HARDIE BOYS & SZIGETVARY TRUSTEE SERVCES LIMITED <P & K HARDIE BOYS FAMILY A/C> (7.39%) and TRACEY LEE SIVASUBRAMANIAM <N & T SIVA FAMILY A/C> (6.26%). Custodians and nominees on the register hold shares on behalf of other investors.

What is Solution Dynamics Limited's governance score?

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

When is the Solution Dynamics Limited annual meeting?

Solution Dynamics Limited's next annual meeting is scheduled for 22 October 2026.

Consumer Discretionary companies on the NZX

Compare Solution Dynamics Limited with other NZX-listed consumer discretionary companies.

All NZX Consumer Discretionary companies · All NZX-listed companies