NZ Agri-Insights

NZX · NZX:LIC

Livestock Improvement Corporation

co-op · Rural Services · FY-end 05-31

Farmer-owned herd-improvement co-op listed on NZX (dairy genetics, herd testing, farm software). NZX designation is often non-standard because of co-op ownership rules. FY-end is 31 May — earlier than the dairy processors. Underlying earnings, not statutory NPAT, is what the dividend is based on (bull-team revaluations swing NPAT).

Cadence
Annual, Interim
Last reported
FY26 · 16 Jul 2026
Next window (est.)
Interim · mid Jan 2027

Latest numbers · FY26

Underlying earnings $21.8m (the dividend base). Statutory NPAT down on technology and security investment; bull-team revaluations still swing NPAT.

Revenue
$315m
NPAT
$21.3m
Underlying NPAT
$21.8m
Dividend
12.26 cps

History

NPAT
$7.7mFY24$30.6mFY25$21.3mFY26

Reports & sources

  • FY26 · Annual

    Announced 16 Jul 2026 · period ended 31 May 2026

    Underlying earnings $21.8m (the dividend base). Statutory NPAT down on technology and security investment; bull-team revaluations still swing NPAT.

    Revenue $315m · NPAT $21.3m · Underlying NPAT $21.8m · Dividend 12.26 cps

  • FY25 · Annual

    Announced 24 Jul 2025 · period ended 31 May 2025

    Underlying earnings $21.7m (the dividend base). NPAT includes bull-team revaluations.

    Revenue $295m · NPAT $30.6m · Underlying NPAT $21.7m · Dividend 12.22 cps

  • FY24 · Annual

    Announced 25 Jul 2024 · period ended 31 May 2024

    Revenue $267m · NPAT $7.7m · Underlying NPAT $13.9m