Key highlights

  • Vista Group International Ltd (ASX:VGL) closed at $2.22 on 20 October 2026, up 1.84%.
  • The shares are down approximately 5.53% over the past year.
  • Vista Group raised 2026 Revenue guidance to $179 million to $184 million on 3 August 2026 after first-half revenue of $86.3 million.

Shares in Vista Group International Ltd (ASX:VGL) closed at $2.22 on 20 October 2026, rose 1.84% on the day from a previous close of about $2.1799.

Over the past 12 months the stock lost approximately 5.53%. Working back from the closing price, a 12-month change of approximately -5.53% implies a share price of about $2.35 a year earlier. The annual decline is much larger than the move in a single session, which is a reminder of how far a stock can travel over a year.

In dollar terms, the 12-month move amounts to about 13.0 cents per share, from roughly $2.35 to $2.22, while the move during the 20 October session was about 4.0 cents per share. The two figures measure different time frames and are reported here on their own terms.

About Vista Group

Vista Group International Limited is a New Zealand-based software company whose technology serves the global cinema industry, including ticketing, scheduling and data products. Its shares are listed on the NZX and the ASX, and its clients include cinema chains in Mexico, the United Kingdom and Europe.

Latest development

The share price figures above are separate from the company’s half-year result. On 3 August 2026 Vista Group announced its results for the six months to 30 June 2026. Total revenue was $86.3 million, up 12%, with Recurring Revenue of $80.1 million, up 14%, and SaaS revenue of $43.5 million, up 38%. ARR was $170.1 million, up 17% from 30 June 2025. EBITDA was $12.4 million, up 24%, with a foreign-exchange-adjusted EBITDA Margin of 13.8% compared with 11.9%.

The company raised 2026 revenue guidance to $179 million to $184 million, from $176 million to $182 million, and said its EBITDA margin remains on track for 18% to 20% for FY26. It expects free Cash Flow to be neutral in the second half. Its contracted enterprise Market Share rose from 46% to 48%, helped by the return of Cinemex’s 312 sites from a competing solution.

Key client agreements included Vista Cloud agreements for Cinépolis Mexico (504 sites), Cineworld UK (88 sites) and Cineplexx Europe (59 sites). The company said 37% of sites are contracted to Operational Excellence and 44% to the Vista Cloud Platform, and that Vista Payments, its embedded payments solution, has been live long enough to show benefits for the company and its clients.

Sector context

Cinema software is linked to the health of cinema attendance and box office, which depend on film slates. Providers are moving cinema operators to cloud platforms and adding payments and data products, which lifts recurring revenue.

Revenue reported in New Zealand dollars can be affected by exchange rates on overseas income.

Risks

Guidance depends on conversion of the cloud pipeline and on box office conditions, and free cash flow is expected to be only neutral in the second half. Foreign exchange helped the first half, as the company itself acknowledged, and may not persist.

Client concentration in cinema chains and the cost of expanding delivery capacity are factors. The share price has fallen approximately 5.53% over the year.

Share price movements add a separate layer of uncertainty. The stock’s one-day move of +1.84% on 20 October 2026 and its 12-month change of approximately -5.53% show how far the share price can move, and past movements do not indicate future direction.

Catalysts to watch

Items to watch include conversion of Vista Cloud contracts, delivery of the 18% to 20% EBITDA margin target, the box office slate, free cash flow in the second half and full-year results.