NZX Governance Explorer

How Spark New Zealand Limited makes money

Where SPK’s revenue went in FY2018: 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. SPK company profile

How Spark New Zealand Limited makes money — FY2018

Revenue $3.6b · EBITDA $989.0m (27.1% of revenue) · Net profit $385.0m (10.6% of revenue) · Financial year ending June (from the issuer record)

Spark New Zealand Limited (SPK) FY2018: where revenue of $3.6b wentRevenue → EBITDA: $989.0mRevenue → Operating costs (net of other income): $2.7bEBITDA → EBIT: $505.0mEBITDA → Depreciation & amortisation: $484.0mEBIT → Net profit: $385.0mEBIT → Interest: $30kEBIT → Income tax: $120.0mOther items (net gain) → Income tax: $20.0mRevenue: $3.6bRevenue$3.6bEBITDA: $989.0mEBITDA$989.0mOperating costs (net of other income): $2.7b (derived)Operating costs (net ofother income)$2.7b · derivedEBIT: $505.0mEBIT$505.0mDepreciation & amortisation: $484.0mDepreciation &amortisation$484.0mOther items (net gain): $20.0m (balancing item)Other items (net gain)$20.0m · balancingNet profit: $385.0mNet profit$385.0mInterest: $30kInterest$30kIncome tax: $140.0mIncome tax$140.0m

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).

Spark New Zealand Limited FY2018 figures used in the chart
FY2018AmountStatusNote
Revenue$3.6bReported
Operating costs (net of other income)−$2.7bDerived *
EBITDA$989.0mReported
Depreciation & amortisation−$481.0mReported
EBIT$505.0mReported
Interest (net finance costs)−$30kReported
Income tax−$140.0mReported
Other items (net gain)+$20.0mBalancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$385.0mReported
  • * operating costs: $2.7b = 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 ($3,649m) vs the summary table ($3,649m): agree within 2%.
  • Passed: EBITDA − D&A = $508m vs reported EBIT $505m: reconciles.
  • Not met: Operating expenses not recorded; costs derived as revenue minus operating profit.
  • Passed: Balancing item $20m is 0.5% 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.

Year-on-year EBITDA bridge (FY2017 → FY2018)

Bridge not available: FY2017 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 (8 of 9 years from FY2017). The shaded line is the median of 3 other listed Communication Services 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
SPK ebitda margin by financial year, with peer median0%20%40%FY17FY18FY20FY22FY24FY25FY2017: not charted — not from annual reportFY2018: SPK 27.1%; peer median — (1)FY2019: SPK 30.9%; peer median — (0)FY2020: SPK 30.7%; peer median — (1)FY2021: SPK 31.3%; peer median — (1)FY2022: SPK 30.9%; peer median — (0)FY2023: SPK 38.3%; peer median — (0)FY2024: SPK 30.1%; peer median — (0)FY2025: SPK 28.3%; peer median 16.3% (2)
EBIT margin
SPK ebit margin by financial year, with peer median0%20%40%FY17FY18FY20FY22FY24FY25FY2017: not charted — not from annual reportFY2018: SPK 13.8%; peer median — (1)FY2019: SPK 17.4%; peer median — (0)FY2020: SPK 17.5%; peer median — (1)FY2021: SPK 16.7%; peer median — (1)FY2022: SPK 16.9%; peer median — (0)FY2023: SPK 27.1%; peer median — (0)FY2024: SPK 17.2%; peer median — (0)FY2025: SPK 12.4%; peer median 5.8% (2)
Net margin
SPK net margin by financial year, with peer median0%20%40%FY17FY18FY20FY22FY24FY25FY2017: not charted — not from annual reportFY2018: SPK 10.6%; peer median — (1)FY2019: SPK 11.6%; peer median — (0)FY2020: SPK 11.8%; peer median — (1)FY2021: SPK 10.7%; peer median — (1)FY2022: SPK 11.0%; peer median — (0)FY2023: SPK 25.3%; peer median — (0)FY2024: SPK 8.2%; peer median — (0)FY2025: SPK 7.0%; peer median 3.3% (2)

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

SPK margins by year with peer medians
YearEBITDA margin: SPK · peer median (n)EBIT margin: SPK · peer median (n)Net margin: SPK · peer median (n)Note
FY2017—— (1)—— (1)—— (1)Not charted: not from annual report
FY201827.1%— (1)13.8%— (1)10.6%— (1)
FY201930.9%— (0)17.4%— (0)11.6%— (0)
FY202030.7%— (1)17.5%— (1)11.8%— (1)
FY202131.3%— (1)16.7%— (1)10.7%— (1)
FY202230.9%— (0)16.9%— (0)11.0%— (0)
FY202338.3%— (0)27.1%— (0)25.3%— (0)
FY202430.1%— (0)17.2%— (0)8.2%— (0)
FY202528.3%16.3% (2)12.4%5.8% (2)7.0%3.3% (2)

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.

  • FY2017: 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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