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// CURRENT ISSUE
ISSUE 01 / 2026-04-28

Pacific Premium Foods

MANUFACTURING·WORKING CAPITAL·★★☆☆☆
FACILITY REQUEST
ExistingNZ$3.5m revolver
RequestedNZ$5.0m revolver
Decision byFriday EOW

A 14-year-old NZ-based specialty food manufacturer is asking for an NZ$1.5m increase to its revolver. Top line is up, EBITDA margin held, but operating cash flow turned negative and the borrowing base has tightened. Read the file. Make the call.

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// FY25 SNAPSHOT
SOURCE: COMPANY-PREPARED · UNAUDITED · COMPOSITE CASE — FICTIONAL
REVENUE
NZ$42m
▼−3.2% YoY
EBITDA
9%
▼−210 bps
OCF
−NZ$0.6m
▼flipped negative
DSO
82d
▲+19d YoY
INVENTORY
NZ$3.8m
▲+34% YoY
FIGURES ROUNDED · FY25 (FYE 2026-01-31) · COMPOSITE CASE — FICTIONAL
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