Triathlon New Zealand Annual Report 2025 - Flipbook - Page 32
Statement of Service Performance
Description of significant activities
Triathlon Leadership
Triathlon NZ Sanctioned and Endorsed events - Jan-Dec 2025: 32 Jan-Dec 2024: 23
Revenue received for Triathlon New Zealand Incorporated Sanctioned and Endorsed events relates to fees charged to event
providers for sanctioning and endorsement of events. In 2025, more club events were endorsed throughout the year ensuring
consistent quality of delivery. Of the total $965,434 revenue from commercial activities disclosed in the Statement of Financial
Performance, $7,500 relates to sanctioning and endorsement revenue (Jan-Dec 2024: $8,800).
Age Group Athletes representing NZL at World Events - Jan-Dec 2025: 502 Jan-Dec 2024: 343
Revenue received for age group athletes relates to fees charged to age group athletes for management fees. Of the total
$965,434 revenue from commercial activities disclosed in the Statement of Financial Performance, $108,927 relates to age group
revenue (Jan-Dec 2024: $68,751).
The 502 age group athletes include multiple entries within the same event where that athlete is competing in more than one
discipline.
Accredited Technical Officials - Jan-Dec 2025: 64 Jan-Dec 2024: 61
Revenue received for technical officials relates to fees charged to event providers for the provision of certified technical officials.
The revenue in 2025 was down on 2024, due to the fact that there was no Ironman 70.3 World Championships. Of the total
$965,434 revenue from commercial activities disclosed in the Statement of Financial Performance, $27,750 relates to technical
official revenue (Jan-Dec 2024: $54,887).
Medal Winning Performances
Number of medals on the World Stage - Jan-Dec 2025: 1 Jan-Dec 2024: 4
The number of medals won on the world stage (WTCS, Commonwealth Games, Olympic games) is correlated to the number of
events held during the period. This will fluctuate depending on the timing of the event, and whether the cycle of the event is
annual or four-yearly, and what athletes line up to compete. New Zealand athletes competed at 5 WTCS events during the
period. (Jan-Dec 2024: 7 events (6 WTCS).
Sustainability - Financial and Governance
Triathlon NZ Memberships - Jan-Dec 2025: 5,897 Jan-Dec 2024: 2,492
Revenue received for memberships relates to fees charged to members, enabling them to participate in Triathlon NZ sanctioned
and endorsed events. This includes a combination of annual (2,731) and one day members (3,166). Of the total $179,263
Membership fees and subscriptions disclosed in the Statement of Financial Performance, $169,423 relates to membership
revenue (Jan-Dec 2024: $48,908).
Sponsorship
Revenue received for Sponsorship relates to revenue or in-kind value received from sponsors for the right to be a sponsor of
Triathlon New Zealand Incorporated. Total sponsorship revenue for the period ending 31 December 2025 was $354,481 (Jan-Dec
2024: $350,663).
Gaming Funding
Revenue received for gaming funding relates to revenue received from gaming funders as grants applied for by Triathlon New
Zealand Incorporated. Of the total $295,147 General grants disclosed in the Statement of Financial Performance, $295,147
relates to gaming funding revenue (Jan-Dec 2024: $251,908).
The above Statement should be read in conjunction with the Notes to the Performance Report and Independent Auditors Report.
Performance Report
Triathlon New Zealand Incorporated
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