New Zealand's Vista Group half-year revenue rises, lifts outlook

Vista International

03/08/2026 01:41

Overview
New Zealand cinema tech provider's half-year revenue rose 12% yr/yr as market share expanded
EBITDA for half-year grew 24% yr/yr, with margin up 1.9pts
Company raised full-year revenue guidance citing strong client wins and favorable industry conditions

Outlook
Vista Group raises FY26 revenue guidance to $179m-184m from $176m-182m
Company maintains FY26 EBITDA margin guidance at 18%-20%
Vista Group expects free cash flow to be neutral in 2H26

Result Drivers
MARKET SHARE GAINS - Co expanded contracted enterprise market share to 48% after winning new clients and regaining Cinemex, adding over 300 net new sites
CLOUD ADOPTION - Growth in recurring and SaaS revenue driven by accelerating uptake of Vista Cloud Platform and Operational Excellence solutions
KEY CLIENT WINS - Major agreements with Cinepolis Mexico, Cineworld UK, and Cineplexx Europe supported revenue growth and de-risked operational targets

Company press release: ID:nNZS6Cba

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
NZ$86.30 mln
 
H1 EBITDA
 
NZ$12.40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Vista Group International Ltd is NZ$3.08, about 24.7% above its July 31 closing price of NZ$2.47
The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 47 three months ago

Reuters Recommended Reads
July 31 - Germany's PSI Software Q2 revenue rises 10.7% on order intake growth
July 31 - ITV H1 revenue rises 2% on M&E division strength
July 30 - Gaming and Leisure Q2 revenue slightly beats on acquisitions and development projects

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)