NZM 0.52% 96.5¢ nzme limited

Hey @Ayyewassup. This is not a growth storey stock but more a...

  1. 227 Posts.
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    Hey @Ayyewassup. This is not a growth storey stock but more a transformation stock. As far I can tell the revenue decline is based on the old newspaper only business model as the digital transformation didn’t happen happen until 2019, then they were hit by Covid. They have since bounced back & are back on track to be around 2019 top line levels again, albeit with higher margins & lower expenses. Subs are growing online with print decline which is what I’m hoping to see. We also have
    OneRoof which is growing nicely. This is my take anyways. others may see it differently.
 
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