NZX Governance Explorer

How BLIS Technologies Limited makes money

Where BLT’s revenue went in FY2024: operating costs, depreciation, interest and tax, and what was left as net profit. Built from the income statement in the filed annual report, and drawn only when the figures reconcile with each other. BLT company profile

How BLIS Technologies Limited makes money — FY2024

Revenue $11.5m · EBITDA $800k (6.9% of revenue) · Net profit $646k (5.6% of revenue) · Balance date 31 March 2025

BLIS Technologies Limited (BLT) FY2024: where revenue of $11.5m wentRevenue → EBITDA: $800kRevenue → Operating costs (net of other income): $10.7mEBITDA → EBIT: $731kEBITDA → Depreciation & amortisation: $69kEBIT → Net profit: $646kEBIT → Interest: $35kEBIT → Income tax: $50kRevenue: $11.5mRevenue$11.5mEBITDA: $800kEBITDA$800kOperating costs (net of other income): $10.7m (derived)Operating costs (net ofother income)$10.7m · derivedEBIT: $731kEBIT$731kDepreciation & amortisation: $69k (derived)Depreciation &amortisation$69k · derivedNet profit: $646kNet profit$646kInterest: $35kInterest$35kIncome tax: $50kIncome tax$50k

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).

BLIS Technologies Limited FY2024 figures used in the chart
FY2024AmountStatusNote
Revenue$11.5mReported
Operating costs (net of other income)−$10.7mDerived *
EBITDA$800kReported
Depreciation & amortisation−$69kDerived *
EBIT$731kReported
Interest (net finance costs)−$35kReported
Income tax−$50kReported
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$646kReported
  • * depreciation amortisation: $69k = EBITDA − EBIT (may include impairments)
  • * operating costs: $10.7m = Revenue − EBITDA
Checks run on these figures (6)
  • Passed: Revenue is within the scale of a column stored in thousands.
  • Passed: Revenue in the income statement ($11.5m) vs the summary table ($11.5m): agree within 2%.
  • Passed: D&A not recorded; derived as EBITDA − EBIT.
  • Not met: Operating expenses not recorded; costs derived as revenue minus operating profit.
  • Passed: Balancing item $0m is 0.0% of revenue (limit 25%).
  • Not met: No operating segments recorded for this year.

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: Annual Report - 31 March 2024 (PDF) (PDF, NZX)

Year-on-year EBITDA bridge (FY2023 → FY2024)

Bridge not available: FY2023 is not charted: EBITDA is -$0.6m. This layout draws revenue flowing into profit and does not draw an operating loss.

Margins over time

EBITDA, EBIT and net profit as a share of revenue for each year whose figures passed the checks (5 of 10 years from FY2017). The shaded line is the median of 12 other listed Consumer Staples operating companies, using each one’s same financial year where it passed the checks; the number of companies in each median is in the table. Gaps are years that were not charted.

EBITDA margin
BLT ebitda margin by financial year, with peer median0%15%30%FY17FY18FY20FY22FY24FY26FY2017: not charted — operating lossFY2018: not charted — operating lossFY2019: BLT 10.7%; peer median 14.7% (4)FY2020: BLT 19.7%; peer median 20.2% (4)FY2021: BLT 9.4%; peer median — (1)FY2022: not charted — operating lossFY2023: not charted — operating lossFY2024: BLT 6.9%; peer median 20.5% (8)FY2025: BLT 7.9%; peer median 17.9% (9)FY2026: not charted — no EBITDA/EBIT split
EBIT margin
BLT ebit margin by financial year, with peer median0%15%30%FY17FY18FY20FY22FY24FY26FY2017: not charted — operating lossFY2018: not charted — operating lossFY2019: BLT 4.8%; peer median 12.2% (5)FY2020: BLT 15.3%; peer median 13.4% (6)FY2021: BLT 5.6%; peer median 9.6% (3)FY2022: not charted — operating lossFY2023: not charted — operating lossFY2024: BLT 6.3%; peer median 13.8% (9)FY2025: BLT 7.1%; peer median 10.9% (10)FY2026: not charted — no EBITDA/EBIT split
Net margin
BLT net margin by financial year, with peer median0%15%30%FY17FY18FY20FY22FY24FY26FY2017: not charted — operating lossFY2018: not charted — operating lossFY2019: BLT 4.5%; peer median 8.0% (5)FY2020: BLT 15.1%; peer median 8.8% (6)FY2021: BLT 5.3%; peer median 6.7% (3)FY2022: not charted — operating lossFY2023: not charted — operating lossFY2024: BLT 5.6%; peer median 3.4% (9)FY2025: BLT 6.6%; peer median 6.8% (10)FY2026: not charted — no EBITDA/EBIT split

BLT   peer median   below the axis: year not charted (reason in the table). All panels share one scale.

BLT margins by year with peer medians
YearEBITDA margin: BLT · peer median (n)EBIT margin: BLT · peer median (n)Net margin: BLT · peer median (n)Note
FY2017—12.2% (6)—8.3% (8)—6.5% (8)Not charted: operating loss
FY2018—16.4% (5)—11.0% (6)—6.4% (6)Not charted: operating loss
FY201910.7%14.7% (4)4.8%12.2% (5)4.5%8.0% (5)
FY202019.7%20.2% (4)15.3%13.4% (6)15.1%8.8% (6)
FY20219.4%— (1)5.6%9.6% (3)5.3%6.7% (3)
FY2022—18.2% (6)—11.0% (6)—5.4% (6)Not charted: operating loss
FY2023—11.7% (7)—8.9% (7)—1.8% (7)Not charted: operating loss
FY20246.9%20.5% (8)6.3%13.8% (9)5.6%3.4% (9)
FY20257.9%17.9% (9)7.1%10.9% (10)6.6%6.8% (10)
FY2026—15.0% (4)—13.5% (4)—10.4% (4)Not charted: no EBITDA/EBIT split

Peer medians use only peer-years that passed the same checks; a median of fewer than two companies is not shown. Years are grouped by financial-year label, and year-end months differ between companies.

Not yet available: where the cash goes (operating cash flow to capex, dividends and debt) and underlying versus reported earnings. The figures they need are not yet validated.

Years not charted

These years are on file but their figures did not pass the checks, so no chart is drawn for them.

  • FY2026: Neither EBITDA nor EBIT is recorded, so operating profit cannot be placed.
  • FY2023: EBITDA is -$0.6m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2022: EBITDA is -$2.1m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2018: EBITDA is -$0.4m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2017: EBIT is -$0m. This layout does not draw an operating loss.
  • FY2016: EBIT is -$0.3m. This layout does not draw an operating loss.
  • FY2015: EBITDA is -$0.3m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2014: Neither EBITDA nor EBIT is recorded, so operating profit cannot be placed.
  • FY2013: EBITDA is -$1.3m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2012: EBITDA is -$0.8m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2011: Figures were not read from a filed annual report (source: not recorded).

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Data sourced from NZX company annual reports (income statements). Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.

For informational purposes only. Not investment advice.

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