Cooks Coffee Company Limited Analysis

Overview

Cooks Coffee Company operates in world markets and is listed on the NZX market under the symbol of CCC. It has been listed since October 2008. It owns the intellectual property and master franchising rights to Esquires Coffee Houses worldwide (excluding New Zealand and Australia). CCC currently operates or franchises Esquires Coffee Houses in the United Kingdom, Ireland, the Middle East, Pakistan, Portugal and Indonesia.

Cooks Coffee Company was formed as Cooks Food Group Limited, after a memorandum of understanding was signed in January 2008 between Tasman Capital and Murdoch Foods, Sahara Foods and Cotterill and Rouse. It's name was changed to Cooks Coffee Company in March 2022.

The company’s Executive Chairman is the largest shareholder with 20% and in total 44% of the shares are held by Directors, Staff & Franchisees as at 30th June 2025.

Performance

The following information was extracted from Cooks Coffee Company Limited's half year results, released 28 November 2025:

Cooks Coffee Company (NZX:CCC; AQUIS:COOK), the international coffee focused café chain, announces its results for the six months ended 30 September 2025.

Period Highlights

• Group revenues increased by 111% to NZ$5.77m (2025: NZ$2.74m)

• NZ$2.5m of this NZ$3.03m increase was from Company managed stores in Ireland where there is a partnership in place with Dairygold.

• Thus, the like-for-like revenue was $3.27m with a 19.3% growth. There are now 4 stores operating in this way.

• The new flagship location in Mallow opened in June 2025 and is now the second highest sales store in the global system. We are delighted that it was selected in the final grouping for stores in the prestigious national annual Retail Excellence Ireland Awards. To achieve this distinction after only a few months operations is a testament to all involved.

• Group EBITDA excluding Depreciation, Amortisation and the Impairment loss for the period was NZ$0.606m, compared with NZ$0.807m last year. The previous year contained a credit adjustment of $166k if normalised the EBITDA is down 5% from the prior year.

• Company Net Profit before tax from Continuing business was NZ$0.068m compared to a Net Profit of NZ$0.53m last year.

• Total store sales in the UK increased by 26.7% to NZ$33.2m as the development in suburban areas and smaller market towns gained further momentum. Like for like sales in the UK were up +3.5%.

• Total sales in Ireland increased +27.4% to NZ$12.3m. Like for like sales in Ireland were up +6.4%.

• Overall store sales for UK & Ireland increased +26.9% to NZ$45.5m.

• Operating stores at the end of September were 96 in UK & Ireland, up from 89 at the end of March 2025.

• The first of the stores in partnership with Tesco in Ireland opened in Tullamore a town of almost 16,000 population in County Offaly in Leinster Province.

• This opening brings total stores open between UK & Ireland to 100 as of preparing this report.

• During the period NZ$1.769m of debt reduction has occurred, with interest costs reducing by NZ$66k compared to FY25.