Rakon’s second half rebound sets it up for FY26 - analysts

FY25 was a “tale of two halves” for high-tech manufacturer Rakon. (Image: NZME)

Fri, 30 May 2025

Rakon’s strong recovery in the second half of the 2025 financial year should help underpin its recovery this year, said Forsyth Barr analysts.The high-tech manufacturer reported a net loss after tax of $5.8 million this week, including $3.6m of one-off restructuring and transaction costs. That compares with a net profit of $4.3m in FY24. Revenue was down 19% on the year to $104m. Its underlying earnings before interest, taxes, depreciation and amortisation were $9.5m, down 29% year-on-year. Second half surgeEbitda, however...

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