Vista posts $56.7m annual net loss

Staff reporters
Mon, 01 Mar 2021

With most of the world's cinemas still closed because of covid, Vista Group posted a $56.7 million annual net loss but finished calendar 2020 with $67m in cash and another $39m in unused debt facilities.The cinema software company's bottom-line loss included $69.5m of non-cash items such as depreciation and amortisation as well as $28.4m of write-downs of goodwill and investments, including a $13.7m write-down of its Chinese associate.Operating cashflow was positive to the tune of $3m while the company kept its second-half cash burn to...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property
Pet food millionaire snaffles Taupō racetrack
Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive
Market regulator blasts Australian 'culture of leaks'
Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

Opinion
The traditional office is dying a slow, painful death
Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content
Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Sponsored
Now’s the time to ask hard questions on our future land use

How can we work together to strengthen our economy and support Kiwis to prosper while protecting our natural environment and our climate.

Loading...