NZK's FY25 profit dips amid growth investments

New Zealand King Salmon Investments Ltd (NZK: NZK) announced its financial results for the year ended January 31, 2025 (FY25). The company reported a net profit of NZD 13.4 million, down from NZD 28.5 million in FY24. Pro-Forma EBITDA was NZD 29.7 million, an increase from NZD 24.5 million in FY24. Revenues saw a 13% increase, rising from NZD 187.1 million in FY24 to NZD 210.9 million in FY25. The company has entered into a multi-year government partnership under the Ministry for Primary Industries Sustainable Food and Fibres Futures fund. The Board is providing Pro-Forma EBITDA guidance in a range of NZD 15m - NZD 24m for FY26.