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Finance
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FNZ drives deeper into loss

Finance and legal costs, as well as asset impairments, mar result for fund administration group.

FNZ Group chief executive Blythe Masters.

Tim Hunter Thu, 05 Jun 2025

Fund administration fintech FNZ Group has plunged further into the red amid a dispute with employees over the value of equity incentives.

Financial statements filed to the Companies Office show a 2024 net loss of US$713.3 million ($1.19 billion) for the year to December 2024, a deterioration from a

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Tim Hunter Thu, 05 Jun 2025
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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FNZ drives deeper into loss
Finance,
109487
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