NZX Governance Explorer

How Foley Wines Limited makes money

Where FWL’s revenue went in FY2014: 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. FWL company profile

How Foley Wines Limited makes money — FY2014

Revenue $31.0m · EBITDA $4.6m (15.0% of revenue) · Net profit $3.3m (10.6% of revenue) · Financial year ending June (from the issuer record)

Foley Wines Limited (FWL) FY2014: where revenue of $31.0m wentRevenue → EBITDA: $4.6mRevenue → Operating costs (net of other income): $26.3mEBITDA → EBIT: $2.4mEBITDA → Depreciation & amortisation: $2.3mEBIT → Net profit: $2.4mOther items (net gain) → Net profit: $897kOther items (net gain) → Interest: $1.7mOther items (net gain) → Income tax: $1.0mRevenue: $31.0mRevenue$31.0mEBITDA: $4.6mEBITDA$4.6mOperating costs (net of other income): $26.3m (derived)Operating costs (net ofother income)$26.3m · derivedEBIT: $2.4mEBIT$2.4mDepreciation & amortisation: $2.3mDepreciation &amortisation$2.3mOther items (net gain): $3.7m (balancing item)Other items (net gain)$3.7m · balancingNet profit: $3.3mNet profit$3.3mInterest: $1.7mInterest$1.7mIncome tax: $1.0mIncome tax$1.0m

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).

Foley Wines Limited FY2014 figures used in the chart
FY2014AmountStatusNote
Revenue$31.0mReported
Operating costs (net of other income)−$26.3mDerived *Reported operating expenses $5m do not reconcile; not used.
EBITDA$4.6mReported
Depreciation & amortisation−$2.3mReported
EBIT$2.4mReported
Interest (net finance costs)−$1.7mReported
Income tax−$1.0mReported
Other items (net gain)+$3.7mBalancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$3.3mReported
  • * operating costs: $26.3m = 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 ($31m) vs the summary table ($31m): agree within 2%.
  • Passed: EBITDA − D&A = $2.4m vs reported EBIT $2.4m: reconciles.
  • Not met: Reported operating expenses ($5m) leave $26m, not EBITDA of $4.6m (gap $21.3m); costs derived as revenue minus operating profit instead. No split is shown.
  • Passed: Balancing item $3.7m is 11.8% 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: FFW Annual Report 30 June 2014 (PDF, NZX)

Year-on-year EBITDA bridge (FY2013 → FY2014)

Bridge not available: there is no FY2013 annual statement on file to compare with.

Margins over time

EBITDA, EBIT and net profit as a share of revenue for each year whose figures passed the checks (5 of 9 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
FWL ebitda margin by financial year, with peer median-10%10%30%FY17FY18FY20FY22FY24FY25FY2017: FWL 8.0%; peer median 12.4% (5)FY2018: FWL 16.4%; peer median 16.8% (4)FY2019: not charted — not from annual reportFY2020: not charted — not from annual reportFY2021: not charted — not from annual reportFY2022: FWL 26.2%; peer median 13.6% (5)FY2023: not charted — not from annual reportFY2024: FWL 24.3%; peer median 16.2% (8)FY2025: FWL 17.9%; peer median 15.5% (9)
EBIT margin
FWL ebit margin by financial year, with peer median-10%10%30%FY17FY18FY20FY22FY24FY25FY2017: FWL 1.2%; peer median 8.9% (7)FY2018: FWL 9.1%; peer median 12.9% (5)FY2019: not charted — not from annual reportFY2020: not charted — not from annual reportFY2021: not charted — not from annual reportFY2022: FWL 16.5%; peer median 9.8% (5)FY2023: not charted — not from annual reportFY2024: FWL 13.8%; peer median 12.1% (9)FY2025: FWL 7.7%; peer median 10.9% (10)
Net margin
FWL net margin by financial year, with peer median-10%10%30%FY17FY18FY20FY22FY24FY25FY2017: FWL 8.1%; peer median 5.2% (7)FY2018: FWL 4.3%; peer median 8.5% (5)FY2019: not charted — not from annual reportFY2020: not charted — not from annual reportFY2021: not charted — not from annual reportFY2022: FWL 10.7%; peer median 2.3% (5)FY2023: not charted — not from annual reportFY2024: FWL -6.1%; peer median 5.1% (9)FY2025: FWL -2.6%; peer median 6.9% (10)

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

FWL margins by year with peer medians
YearEBITDA margin: FWL · peer median (n)EBIT margin: FWL · peer median (n)Net margin: FWL · peer median (n)Note
FY20178.0%12.4% (5)1.2%8.9% (7)8.1%5.2% (7)
FY201816.4%16.8% (4)9.1%12.9% (5)4.3%8.5% (5)
FY2019—14.6% (5)—11.0% (6)—7.3% (6)Not charted: not from annual report
FY2020—19.7% (5)—15.3% (7)—11.6% (7)Not charted: not from annual report
FY2021—24.1% (2)—7.6% (4)—6.0% (4)Not charted: not from annual report
FY202226.2%13.6% (5)16.5%9.8% (5)10.7%2.3% (5)
FY2023—11.7% (7)—8.9% (7)—1.8% (7)Not charted: not from annual report
FY202424.3%16.2% (8)13.8%12.1% (9)-6.1%5.1% (9)
FY202517.9%15.5% (9)7.7%10.9% (10)-2.6%6.9% (10)

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.

  • FY2023: Figures were not read from a filed annual report (source: not recorded).
  • FY2021: Figures were not read from a filed annual report (source: not recorded).
  • FY2020: Figures were not read from a filed annual report (source: not recorded).
  • FY2019: 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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