SuperLife shines for NZX

The sharemarket operator has released its half-yearly financial results.

Total NZX revenues for the hal- year of $37.9 million were up 10.3% on the previous corresponding period.

Earnings before net finance expense, tax, depreciation and amortisation and gain on sale were down 8% to $10.8 million as a result of a $1.6 million increase in Ralec litigation costs, with the Ralec trial concluding in July. Excluding costs associated with that litigation, EBITDA was up 5.3% to $13.7 million.

Net profit after tax of $3.6 million included an impairment charge on brand assets in NZX’s agri business and an adjustment to the provision for the NZX Wealth Technologies (NZXWT) earnout.