Ankündigung • Jan 27
MOVE Logistics Group Limited to Report First Half, 2026 Results on Feb 27, 2026 MOVE Logistics Group Limited announced that they will report first half, 2026 results on Feb 27, 2026 New Risk • Jan 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of New Zealander stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NZ$43.4m market cap, or US$25.1m). Reported Earnings • Aug 31
Full year 2025 earnings released: NZ$0.12 loss per share (vs NZ$0.38 loss in FY 2024) Full year 2025 results: NZ$0.12 loss per share (improved from NZ$0.38 loss in FY 2024). Revenue: NZ$288.7m (down 2.4% from FY 2024). Net loss: NZ$15.6m (loss narrowed 68% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 15
MOVE Logistics Group Limited, Annual General Meeting, Oct 30, 2025 MOVE Logistics Group Limited, Annual General Meeting, Oct 30, 2025. Location: auckland New Zealand Ankündigung • Jul 11
MOVE Logistics Group Limited to Report Fiscal Year 2025 Results on Aug 29, 2025 MOVE Logistics Group Limited announced that they will report fiscal year 2025 results on Aug 29, 2025 Ankündigung • Jan 31
MOVE Logistics Group Limited to Report First Half, 2025 Results on Feb 28, 2025 MOVE Logistics Group Limited announced that they will report first half, 2025 results on Feb 28, 2025 New Risk • Nov 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of New Zealander stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 73% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NZ$21.7m market cap, or US$12.7m). Board Change • Sep 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Mark Newman is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Full year 2024 earnings released: NZ$0.38 loss per share (vs NZ$0.062 loss in FY 2023) Full year 2024 results: NZ$0.38 loss per share (further deteriorated from NZ$0.062 loss in FY 2023). Revenue: NZ$301.7m (down 13% from FY 2023). Net loss: NZ$48.1m (loss widened NZ$40.9m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 16
MOVE Logistics Group Limited Announces CEO Changes MOVE Logistics Group Limited announced the appointment of Paul Millward as interim CEO, effective from 4 September 2024. Paul has a proven ability to successfully lead businesses through periods of change. Most recently, he was CEO of 2 Cheap Cars, where he transformed the company into the leading NZX market performer in 2023. Prior to that, Paul had an exemplary career in sales leadership, finance and executive roles across several sectors, in New Zealand and offshore, with strength in building customer partnerships and developing strong leaders and teams who deliver. To ensure an orderly transition, current CEO, Craig Evans, will remain available to support Mr. Millward and the business as required. Ankündigung • Jul 12
MOVE Logistics Group Limited Announces the Resignation of Craig Evans as CEO, Effective 24 October 2024 MOVE Logistics Group Limited announced that CEO Craig Evans, has tendered his resignation, effective from 24 October 2024. Craig took up the CEO role in February 2023, at a time when MOVE was embarking on a growth and expansion phase. Recent Insider Transactions • Mar 12
Non-independent Director recently bought NZ$245k worth of stock On the 5th of March, Christopher Dunphy bought around 500k shares on-market at roughly NZ$0.49 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold NZ$781k more in shares than they bought in the last 12 months. Reported Earnings • Feb 26
First half 2024 earnings released: NZ$0.084 loss per share (vs NZ$0.028 loss in 1H 2023) First half 2024 results: NZ$0.084 loss per share (further deteriorated from NZ$0.028 loss in 1H 2023). Revenue: NZ$159.2m (down 11% from 1H 2023). Net loss: NZ$10.7m (loss widened 222% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Board Change • Oct 30
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Lorraine Witten is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Significant insider selling over the past 3 months (NZ$1.1m sold). Market cap is less than US$100m (NZ$88.1m market cap, or US$51.8m). New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Significant insider selling over the past 3 months (NZ$1.1m sold). Market cap is less than US$100m (NZ$95.7m market cap, or US$56.9m). Reported Earnings • Aug 30
Full year 2023 earnings released: NZ$0.062 loss per share (vs NZ$0.034 loss in FY 2022) Full year 2023 results: NZ$0.062 loss per share (further deteriorated from NZ$0.034 loss in FY 2022). Revenue: NZ$347.7m (flat on FY 2022). Net loss: NZ$7.19m (loss widened 97% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Significant insider selling over the past 3 months (NZ$1.1m sold). Market cap is less than US$100m (NZ$97.0m market cap, or US$57.8m). New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Significant insider selling over the past 3 months (NZ$1.1m sold). Market cap is less than US$100m (NZ$97.0m market cap, or US$57.3m). Ankündigung • Aug 11
MOVE Logistics Group Limited, Annual General Meeting, Oct 25, 2023 MOVE Logistics Group Limited, Annual General Meeting, Oct 25, 2023. New Risk • Jul 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of New Zealander stocks, typically moving 6.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.6% average weekly change). Minor Risks Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Market cap is less than US$100m (NZ$107.2m market cap, or US$66.4m). Ankündigung • Jul 12
MOVE Logistics Group Limited to Report Q4, 2023 Results on Aug 24, 2023 MOVE Logistics Group Limited announced that they will report Q4, 2023 results on Aug 24, 2023 New Risk • Jul 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Market cap is less than US$100m (NZ$105.9m market cap, or US$65.0m). Reported Earnings • Feb 24
First half 2023 earnings released: NZ$0.029 loss per share (vs NZ$0.014 loss in 1H 2022) First half 2023 results: NZ$0.029 loss per share (further deteriorated from NZ$0.014 loss in 1H 2022). Revenue: NZ$169.5m (down 7.3% from 1H 2022). Net loss: NZ$3.39m (loss widened 148% from 1H 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Global Logistics industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Buying Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.8%. The fair value is estimated to be NZ$1.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 2.0% in a year. Earnings is forecast to grow by 29% in the next year. Ankündigung • Feb 02
MOVE Logistics Group Limited Welcomes Craig Evans as Chief Executive Officer MOVE Logistics Group Limited welcome Craig Evans as Chief Executive Officer from 1 February 2023. Craig has had a stellar career in the logistics sector, including 35 years at Mainfreight, with the last six years as Mainfreight's New Zealand country manager. Prior to this, he was with Freightways for four years. He is well qualified to lead MOVE into its next phase of growth. Craig's appointment was announced in December 2022. As advised in that announcement, Craig has been issued 1 million restricted stock units in MOVE which vest at the end of a three year period. A capital change notice to this effect accompanies this announcement. Executive director Chris Dunphy now steps back from day to day management of the business but will assist with transition and remain an active member of the Board. Ankündigung • Dec 12
MOVE Logistics Group Limited Appoints Craig Evans as Chief Executive Officer, Effective 1 February 2023 MOVE Logistics Group Limited announced the appointment of Craig Evans, as chief executive officer. Craig will commence the role from 1 February 2023. Craig has had a stellar career in the logistics sector, including 35 years at Mainfreight, with the last six years as Mainfreight's New Zealand country manager. Prior to this, he was with Freightways for four years. As CEO, Craigs' remuneration will consist of a base salary, commensurate with his experience and industry benchmarks. In addition, Craig will participate in a long term incentive plan for 1 million MOVE shares that vest in three years' time. To this effect, restricted share units will be issued to Craig on 1 February 2023. This long term incentive plan is designed to further align the interests of the CEO and shareholders and encourage long term decision making. Reported Earnings • Aug 24
Full year 2022 earnings released: NZ$0.034 loss per share (vs NZ$0.01 profit in FY 2021) Full year 2022 results: NZ$0.034 loss per share (down from NZ$0.01 profit in FY 2021). Revenue: NZ$349.1m (down 1.8% from FY 2021). Net loss: NZ$3.64m (down NZ$4.51m from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 24
Move Logistics Group Limited (NZSE:MOV) has signed an agreement to acquire Fluidex Transport Limited from Tony Galbraith for NZD 15.2 million. Move Logistics Group Limited (NZSE:MOV) has signed an agreement to acquire Fluidex Transport Limited from Tony Galbraith for NZD 15.2 million on August 24, 2022. The purchase price is approximately NZD 15.2 million with initial consideration of NZD 7 million payable at settlement, which will be funded from existing bank facilities. A final payment of NZD 8.2 million is payable on 31 July 2024. The acquisition is conditional on MOVE completing its due diligence enquiries, the assignment of key contracts to MOVE and no material adverse event occurring prior to settlement. In addition, Tony Galbraith has a board and shareholder approval condition which is to be satisfied on or before August 30, 2022. Transaction is expected to settle in on or before October 30, 2022. Ankündigung • Aug 17
Move Logistics Group Limited, Annual General Meeting, Oct 20, 2022 Move Logistics Group Limited, Annual General Meeting, Oct 20, 2022. Ankündigung • Jul 14
Move Logistics Group Limited to Report Fiscal Year 2022 Results on Aug 24, 2022 Move Logistics Group Limited announced that they will report fiscal year 2022 results on Aug 24, 2022 Reported Earnings • Feb 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: NZ$0.014 loss per share (down from NZ$0.031 profit in 1H 2021). Revenue: NZ$182.8m (up 1.3% from 1H 2021). Net loss: NZ$1.37m (down 152% from profit in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Ankündigung • Feb 10
Move Logistics Group Limited to Report First Half, 2022 Results on Feb 22, 2022 Move Logistics Group Limited announced that they will report first half, 2022 results on Feb 22, 2022 Recent Insider Transactions • Dec 20
Insider recently sold NZ$5.7m worth of stock On the 14th of December, Alan Terris sold around 4m shares on-market at roughly NZ$1.62 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of NZ$7.2m more than they bought in the last 12 months. Board Change • Dec 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Grant Devonport was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 14
Insider recently bought NZ$980k worth of stock On the 10th of November, Mark Newman bought around 700k shares on-market at roughly NZ$1.40 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold NZ$1.5m more in shares than they bought in the last 12 months. Recent Insider Transactions • Oct 19
Insider recently sold NZ$80k worth of stock On the 14th of October, Alan Pearson sold around 50k shares on-market at roughly NZ$1.60 per share. In the last 3 months, they made an even bigger sale worth NZ$198k. Insiders have been net sellers, collectively disposing of NZ$1.5m more than they bought in the last 12 months. Executive Departure • Oct 12
Independent Chairman Trevor Janes has left the company On the 29th of September, Trevor Janes' tenure as Independent Chairman ended after 3.8 years in the role. We don't have any record of a personal shareholding under Trevor's name. Trevor is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.75 years. Recent Insider Transactions • Sep 28
Insider recently sold NZ$119k worth of stock On the 22nd of September, Alan Pearson sold around 80k shares on-market at roughly NZ$1.48 per share. In the last 3 months, there was an even bigger sale from another insider worth NZ$313k. Insiders have been net sellers, collectively disposing of NZ$1.2m more than they bought in the last 12 months. Recent Insider Transactions • Sep 15
Insider recently sold NZ$93k worth of stock On the 10th of September, Alan Pearson sold around 56k shares on-market at roughly NZ$1.65 per share. In the last 3 months, there was an even bigger sale from another insider worth NZ$313k. Insiders have been net sellers, collectively disposing of NZ$987k more than they bought in the last 12 months. Reported Earnings • Aug 27
Full year 2021 earnings released: EPS NZ$0.01 (vs NZ$0.023 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: NZ$356.8m (up 6.1% from FY 2020). Net income: NZ$869.0k (down 57% from FY 2020). Profit margin: 0.2% (down from 0.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 17% share price gain to NZ$1.76, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 19x in the Logistics industry in Oceania. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 18% share price gain to NZ$1.54, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 17x in the Logistics industry in Oceania. Total returns to shareholders of 1.4% over the past three years. Recent Insider Transactions • Jul 09
Insider recently sold NZ$313k worth of stock On the 5th of July, Kaylene Stewart sold around 300k shares on-market at roughly NZ$1.04 per share. In the last 3 months, there was an even bigger sale from another insider worth NZ$582k. Insiders have been net sellers, collectively disposing of NZ$894k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 21% share price gain to NZ$1.21, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 13x in the Logistics industry in Oceania. Total loss to shareholders of 23% over the past three years. Reported Earnings • Feb 24
First half 2021 earnings released: EPS NZ$0.031 (vs NZ$0.025 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NZ$180.4m (up 3.3% from 1H 2020). Net income: NZ$2.61m (up NZ$4.97m from 1H 2020). Profit margin: 1.4% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 29
New 90-day high: NZ$1.12 The company is up 60% from its price of NZ$0.70 on 30 September 2020. The New Zealander market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 37% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 23% share price gain to NZ$1.06, the stock is trading at a trailing P/E ratio of 46x, up from the previous P/E ratio of 37.3x. This compares to an average P/E of 31x in the Logistics industry in Oceania. Total return to shareholders over the past year is a loss of 10%. Is New 90 Day High Low • Nov 16
New 90-day high: NZ$0.85 The company is up 29% from its price of NZ$0.66 on 18 August 2020. The New Zealander market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Logistics industry, which is up 33% over the same period. Is New 90 Day High Low • Oct 21
New 90-day high: NZ$0.79 The company is up 5.0% from its price of NZ$0.75 on 23 July 2020. The New Zealander market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 24% over the same period. Reported Earnings • Sep 25
Full year earnings released - EPS NZ$0.023 Over the last 12 months the company has reported total profits of NZ$2.02m, down 49% from the prior year. Total revenue was NZ$336.3m over the last 12 months, down 6.4% from the prior year. Profit margins were 0.6%, which is in line with last year. Ankündigung • Aug 31
TIL Logistics Group Limited to Report Fiscal Year 2020 Results on Aug 27, 2020 TIL Logistics Group Limited announced that they will report fiscal year 2020 results on Aug 27, 2020 Ankündigung • Aug 28
TIL Logistics Group Limited Announces Interim Fully Imputed Dividend and Recommends No Final Dividend for Fiscal 2020 TIL Logistics Group Limited announced that Interim fully imputed dividend for 2020 is 0.0 cents compared to 2.5 cents a year ago. The company have recommended that no final dividend per fully paid ordinary share be paid compared to 2.5 cents a year ago.