Me Today (MEE) H1 2026 earnings summary

Executive summary

• Revenue increased to NZ$2.55 million for the six months ended 31 December 2025, up from NZ$2.15 million year-over-year.

• Net profit of NZ$3.22 million, reversing a net loss of NZ$2.43 million in the prior period, driven by a one-off gain from discontinued operations.

• Discontinued operations (King Honey) contributed a NZ$4.14 million gain due to receivership, offsetting ongoing losses from continuing operations.

Financial highlights

• Loss from continuing operations reduced to NZ$0.90 million from NZ$1.48 million year-over-year.

• Total comprehensive income for the period was NZ$3.22 million, compared to a loss of NZ$2.34 million in the prior year.

• Cash and cash equivalents increased to NZ$2.23 million from NZ$1.26 million at 30 June 2025.

• Working capital improved to NZ$5.0 million from negative NZ$3.2 million at 30 June 2025.

• Net assets at period end were NZ$3.06 million, up from net liabilities of NZ$2.34 million at 30 June 2025.

Outlook and guidance

• Directors consider the going concern basis appropriate, citing sufficient cash resources and support from BNZ.

• Future forecasts remain inherently uncertain due to ongoing commercial relationship development.