NZX sees full year earnings edge up 2.3%

NZX sees full year earnings edge up 2.3%
Staff reporters
NZX Ltd says it maintained “solid earnings” through the churning seas of market cycles in its full financial year to Dec 31.Earnings before interest, taxes, depreciation and amortisation (Ebitda) came to $36.6m, a 2.3% increase from the previous year and with the exclusion of acquisition costs.Net profit after tax (NPAT) for the full financial year was $14.2 million, down from $15m in the previous year. Board chair James Miller said the total value traded on NZX’s secondary markets fell 28.6% to $37.4 billion last year, t...