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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Vital
Vital (VTL) investor relations material
Vital has been delisted
Vital H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary28 Aug, 2025
Executive summary
Reported a net loss of $2.81 million for the year ended 30 June 2025, compared to a net profit of $27,000 in the prior year.
Revenue decreased slightly to $25.81 million from $26.19 million year-over-year.
The loss was primarily driven by a significant impairment loss of $3.65 million on wired network assets.
Management remains confident in the going concern basis, supported by positive equity and ongoing performance improvement strategies.
Financial highlights
Revenue: $25.81 million (down 1.4% year-over-year).
Net loss: $2.81 million (vs. $27,000 profit prior year).
Gross profit: $11.85 million (down from $12.18 million year-over-year).
EBITDA: $10.77 million (down from $11.54 million prior year).
Basic and diluted EPS: $(0.066) (vs. $0.001 prior year).
Outlook and guidance
Management is actively pursuing strategies to improve operating performance.
Forecasts and cash flow projections support the ability to meet obligations as they fall due.
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Frequently asked questions
Vital Limited is a telecommunications and digital infrastructure company that provides connectivity, managed services, and network solutions across New Zealand. The company offers services such as broadband, data networks, and critical communication infrastructure, catering to clients in sectors including utilities, government, and enterprise. Vital Limited’s offerings support remote and urban connectivity needs, with a focus on reliable and secure telecommunications for essential services. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.