Cooks Coffee Company (CCC) H1 2026 earnings summary

Executive summary

• Group revenues rose 111% year-over-year to NZ$5.77m for the six months ended 30 September 2025, driven by strong growth in Ireland and the UK.

• Net profit before tax from continuing business was NZ$0.068m, down from NZ$0.53m in the prior year.

• Store network expanded to 100 locations in the UK and Ireland, with further growth expected.

• Positive trading momentum continued post-period, with UK and Ireland store sales up 18.6% and 29.8% respectively in the eight weeks to 24 November 2025.

Financial highlights

• EBITDA (excluding depreciation, amortisation, and impairment) was NZ$0.606m, down 5% year-over-year on a normalised basis.

• Like-for-like revenue grew 19.3% to NZ$3.27m.

• Total store sales in the UK increased 26.7% to NZ$33.2m; Ireland up 27.4% to NZ$12.3m.

• Net comprehensive loss for the period was NZ$(47,000), compared to a profit of NZ$557,000 last year.

• Net cash inflow from operating activities was NZ$135,000 for the period.

Outlook and guidance

• Directors expect second-half results to exceed first-half performance as one-off costs are not expected to recur.

• Targeting 108 stores in the UK and Ireland by March 2026, with a long-term goal of 300 stores by 2034.

• Solid pipeline of new stores in core markets and continued expansion into new regions.