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Winton Land (WTN) investor relations material
Winton Land AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened virtually with instructions for online participation and voting, with Chair and CEO addressing shareholders and outlining the agenda and key business highlights.
Board members, senior management, auditors, legal counsel, and share registrar representatives introduced.
Notice of meeting confirmed sent, quorum present, and meeting formally declared open.
Proxies appointed for over 83% of shares; six resolutions to be considered, followed by Q&A.
Financial performance review
FY 2025 revenue was $155.4 million, down 10.5% from FY 2024, with 266 units settled.
Net profit after tax was $10.3 million, down from $15.7 million in the prior year; gross profit was $59.5 million and cash position $20.3 million.
Commercial revenue increased by $13.7 million, mainly from a full year of Ayrburn trading.
Fair value gain of $5.1 million from revaluation of commercial assets and retirement land, reversing a prior year loss.
Administrative and employee expenses rose due to business growth, while selling expenses decreased by 26.3%.
Strategic initiatives and plans
Sunfield project and Ayrburn Screen Hub accepted into the Fast Track Approvals Act 2024 process.
Ayrburn Screen Hub planned as a film studio, expected to generate recurring income.
Residential and commercial development progress at Lakeside Te Kauwhata, Northbrook Wānaka, Northridge in Cessnock, and Cracker Bay.
Northbrook Wānaka Stage 1 opened, with revenue from deferred management and service fees commencing.
Focus for FY 2026 on visitor growth, operational efficiencies, event pipeline at Ayrburn, and disciplined growth in buoyant markets.
- TimeTickerHeadlineOpen
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Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
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Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
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