Move Logistics Group Ltd Ordinary Shares

MOV.NZX

Industrials

Move Logistics Group Limited joined the NZX on 7 December 2017, following a reverse listing with Bethunes Investments Limited. The full details of this transaction can be found on the company website www.til.kiwi. Move is one of New Zealand's largest private domestic freight and logistics platforms, with a nationwide network of branches, depots and warehouses. Its activities include transporting and warehousing freight throughout New Zealand and co-ordinating freight movements offshore through international alliances. It also has a specialist road tanker division which is the single largest operator in the New Zealand fuel delivery market.

Market Data

Price

$0.210

0.0%
Market Cap

$26.8M

P/E Ratio

-3.5x

EPS

$-0.059

Div. Yield

0.00%

52-Week Change

+0.1%

Latest Earnings

MOVE Logistics Group - 1H26 Results

27 February 2026

Revenue
$141.40
-5.0% YoY
NPAT
-$0.90
EPS
$-0.01

MOVE Logistics Group reported 1H26 revenue of NZD $141.4m (total income $143.7m), down 5% YOY, as weak New Zealand economic conditions continued to suppress freight and warehousing demand. Despite the revenue decline, disciplined cost management drove a 98% YOY improvement in Normalised EBT to $(0.1)m, with 2Q26 returning to positive normalised earnings — the strongest quarterly result since 4Q22. The company remains on track for its FY26 guidance of positive full-year normalised EBT, supported by net debt reduction of $6.2m to $12.8m and operating cashflow improvement of $8.1m to $17.0m. Key points: Normalised EBT improved 98% YOY to $(0.1)m, with 2Q26 returning to positive normalised earnings — best quarterly result since 4Q22; Net Loss After Tax of $(0.9)m represents an $8.0m improvement on the prior corresponding period; Operating cashflow increased $8.1m YOY to $17.0m, reflecting stronger cash generation from transformation initiatives

Recent Announcements

27 Feb 2026 Actual Results Neutral

MOVE Logistics Group - 1H26 Results

MOVE Logistics Group reported 1H26 revenue of NZD $141.4m (total income $143.7m), down 5% YOY, as weak New Zealand economic conditions continued to suppress freight and warehousing demand. Despite the revenue decline, disciplined cost management drove a 98% YOY improvement in Normalised EBT to $(0.1)m, with 2Q26 returning to positive normalised earnings — the strongest quarterly result since 4Q22. The company remains on track for its FY26 guidance of positive full-year normalised EBT, supported by net debt reduction of $6.2m to $12.8m and operating cashflow improvement of $8.1m to $17.0m. Key points: Normalised EBT improved 98% YOY to $(0.1)m, with 2Q26 returning to positive normalised earnings — best quarterly result since 4Q22; Net Loss After Tax of $(0.9)m represents an $8.0m improvement on the prior corresponding period; Operating cashflow increased $8.1m YOY to $17.0m, reflecting stronger cash generation from transformation initiatives

26 Feb 2026 Neutral

MOVE Agrees New Facility with BNZ

MOVE Logistics Group Limited has agreed a new $22 million invoice finance facility with BNZ, commencing November 2026, which will reduce financing costs and establish a two-bank partnership with ANZ and BNZ following the expiry of its current Pacific Invoice Finance facility.

26 Jan 2026 Date Announcement Neutral

Notice of 1H26 Interim Results Release

MOVE Logistics Group Limited (NZX/ASX: MOV) will release its interim financial results for the six months ending 31 December 2025 on Friday 27 February 2026, followed by an investor call at 12:00pm NZST to discuss results and strategic outlook.

Get real-time alerts for MOV

Receive AI-powered earnings summaries and instant notifications when Move Logistics Group Ltd Ordinary Shares releases results.

Register Free