Annual Report 2018

Jargon buster

Aroha
Maori word meaning love or affection
Associates
Business organisations which we have significant influence on but they are not subsidiaries or joint ventures. We part own Harmoney Corp Ltd and Allsorts Ltd
ASX
Australian Securities Exchange
Depth products
Formerly referred to as ‘premiums’, these are additional products our customers can purchase to better advertise their products, jobs, motors or houses
EBITDA
Probably the best accounting acronym, and means earnings before interest, tax, depreciation, amortisation and impairment
F17
The financial year for the 12 months to 30 June 2017
F18
The financial year for the 12 months to 30 June 2018
FTE
A full-time equivalent is a way to measure the workload of one person
GMS
Gross Merchandise Sales. The total value of items sold on Trade Me.
IPO
An "initial public offering" is selling shares in a company to the public
Jargon
Technical words and acronyms that drive readers crazy and often need explaining
Kevin
The kiwi who stars in the Trade Me logo and famously dresses up on the homepage in various guises
Net operating profit
This number excludes one-off gains in F17
NPAT
Net profit after tax
NZX
New Zealand Stock Exchange
TME
Trade Me's stock ticker
Trade Me
In this report, this generally refers to the company called Trade Me Group Limited, as opposed to the marketplace website called www.trademe.co.nz