NZX Governance Explorer

How MOVE Logistics Group Limited makes money

Where MOV’s revenue went in FY2025: operating costs, depreciation, interest and tax, and what was left as net loss. Built from the income statement in the filed annual report, and drawn only when the figures reconcile with each other. MOV company profile

How MOVE Logistics Group Limited makes money — FY2025

Revenue $286.3m · EBITDA $42.0m (14.7% of revenue) · Net loss $14.9m (-5.2% of revenue) · Financial year ending June (from the issuer record)

MOVE Logistics Group Limited (MOV) FY2025: where revenue of $286.3m wentInternational → Revenue: $25.7mRevenue → EBITDA: $42.0mRevenue → Operating costs (net of other income): $244.3mEBITDA → EBIT: $1.2mEBITDA → Depreciation & amortisation: $40.8mEBIT → Interest: $1.2mSpecialist → Revenue: $18.2mFreight & Fuel → Revenue: $188.8mNet loss → Interest: $10.3mNet loss → Income tax: $711kNet loss → Other items (net cost): $3.9mWarehousing → Revenue: $53.7mInternational: $25.7mInternational$25.7mSpecialist: $18.2mSpecialist$18.2mFreight & Fuel: $188.8mFreight & Fuel$188.8mWarehousing: $53.7mWarehousing$53.7mRevenue: $286.3mRevenue$286.3mEBITDA: $42.0mEBITDA$42.0mOperating costs (net of other income): $244.3m (derived)Operating costs (net ofother income)$244.3m · derivedEBIT: $1.2mEBIT$1.2mDepreciation & amortisation: $40.8mDepreciation &amortisation$40.8mNet loss: $14.9mNet loss$14.9mInterest: $11.5mInterest$11.5mIncome tax: $711kIncome tax$711kOther items (net cost): $3.9m (balancing item)Other items (net cost)$3.9m · balancing

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).

MOVE Logistics Group Limited FY2025 figures used in the chart
FY2025AmountStatusNote
Revenue$286.3mReported
Operating costs (net of other income)−$244.3mDerived *
EBITDA$42.0mReported
Depreciation & amortisation−$40.8mReported
EBIT$1.2mReported
Interest (net finance costs)−$11.5mReported
Income tax−$711kReported
Other items (net cost)−$3.9mBalancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net loss-$14.9mReported
  • * operating costs: $244.3m = 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 ($286.3m) vs the summary table ($286.3m): agree within 2%.
  • Passed: EBITDA − D&A = $1.2m vs reported EBIT $1.2m: reconciles.
  • Not met: Operating expenses not recorded; costs derived as revenue minus operating profit.
  • Passed: Balancing item -$3.9m is 1.4% of revenue (limit 25%).
  • Passed: Operating segments sum to $286.3m, within 0.0% of revenue.

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: MOVE Logistics Group Limited Annual Report (PDF, NZX)

Year-on-year EBITDA bridge (FY2024 → FY2025)

Bridge not available: FY2024 is not charted: Figures were not read from a filed annual report (source: not recorded).

Margins over time

EBITDA, EBIT and net profit as a share of revenue for each year whose figures passed the checks (4 of 8 years from FY2018). The shaded line is the median of 22 other listed Industrials 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
MOV ebitda margin by financial year, with peer median-10%5%20%FY18FY20FY22FY24FY25FY2018: not charted — no EBITDA/EBIT splitFY2019: MOV 7.2%; peer median 8.9% (7)FY2020: MOV 17.2%; peer median 13.4% (6)FY2021: MOV 17.4%; peer median 11.7% (8)FY2022: not charted — no EBITDA/EBIT splitFY2023: not charted — no EBITDA/EBIT splitFY2024: not charted — not from annual reportFY2025: MOV 14.7%; peer median 16.7% (12)
EBIT margin
MOV ebit margin by financial year, with peer median-10%5%20%FY18FY20FY22FY24FY25FY2018: not charted — no EBITDA/EBIT splitFY2019: MOV 3.3%; peer median 6.4% (9)FY2020: MOV 4.4%; peer median 7.4% (7)FY2021: MOV 4.2%; peer median 6.3% (10)FY2022: not charted — no EBITDA/EBIT splitFY2023: not charted — no EBITDA/EBIT splitFY2024: not charted — not from annual reportFY2025: MOV 0.4%; peer median 7.9% (12)
Net margin
MOV net margin by financial year, with peer median-10%5%20%FY18FY20FY22FY24FY25FY2018: not charted — no EBITDA/EBIT splitFY2019: MOV 1.1%; peer median 4.7% (9)FY2020: MOV 0.6%; peer median 7.5% (7)FY2021: MOV 0.2%; peer median 5.1% (10)FY2022: not charted — no EBITDA/EBIT splitFY2023: not charted — no EBITDA/EBIT splitFY2024: not charted — not from annual reportFY2025: MOV -5.2%; peer median 5.2% (12)

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

MOV margins by year with peer medians
YearEBITDA margin: MOV · peer median (n)EBIT margin: MOV · peer median (n)Net margin: MOV · peer median (n)Note
FY2018—11.2% (8)—7.2% (8)—6.4% (8)Not charted: no EBITDA/EBIT split
FY20197.2%8.9% (7)3.3%6.4% (9)1.1%4.7% (9)
FY202017.2%13.4% (6)4.4%7.4% (7)0.6%7.5% (7)
FY202117.4%11.7% (8)4.2%6.3% (10)0.2%5.1% (10)
FY2022—14.0% (8)—8.4% (10)—6.5% (10)Not charted: no EBITDA/EBIT split
FY2023—15.6% (12)—7.8% (13)—5.8% (13)Not charted: no EBITDA/EBIT split
FY2024—14.5% (10)—5.9% (11)—2.8% (11)Not charted: not from annual report
FY202514.7%16.7% (12)0.4%7.9% (12)-5.2%5.2% (12)

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.

  • FY2024: Figures were not read from a filed annual report (source: not recorded).
  • FY2023: Neither EBITDA nor EBIT is recorded, so operating profit cannot be placed.
  • FY2022: EBITDA is recorded but neither EBIT nor depreciation is, so the step from operating profit to net profit cannot be placed.
  • FY2018: EBITDA is recorded but neither EBIT nor depreciation is, so the step from operating profit to net profit cannot be placed.

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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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