Financial Year (FY) Stories - Page 3

Global Stories

Financial Year (FY) stories

Westcon-Comstor grows H1 sales to USD $2.78 billion on cybersecurity

Westcon-Comstor's H1 sales rise 9.8% to USD $2.78bn, driven by 16% growth in cybersecurity and a focus on recurring revenue streams.

By Sean Mitchell • 3 min read • Fri, 31st Oct 2025

Digital Transformation

Goodman posts AUD $2.3 billion profit as data centre growth surges

Goodman Group's FY25 operating profit rose 13% to AUD $2.3 billion, driven by booming data centre developments and strategic site acquisitions.

By Jed Nykolle Harme • 5 min read • Sat, 23rd Aug 2025

Partner Programmes

Blackpearl revenue hits NZD $17.5m with US AI firm acquistion

Blackpearl has acquired US AI firm B2B Rocket, boosting its annual recurring revenue to NZD $17.5m as it targets the US small and medium business sector.

By Melvin Hipolito • 3 min read • Fri, 22nd Aug 2025

Fintech

Why your export business should adopt AI-infused tax tech in FY2026

Australian exporters using outdated tax software risk fines and delays; adopting AI-infused compliance tech in FY2026 offers speed and accuracy benefits.

By Chris Calverley • 4 min read • Wed, 18th Jun 2025

Stories from Other Regions

Financial Year (FY) stories

Network Infrastructure

Orient Technologies sees 22% revenue jump on project wins in Q2

Orient Technologies posted a 22.25% revenue rise to INR ₹2.73 billion in Q2 FY26, driven by new cloud, digital transformation, and government contracts.

By Kaleah Salmon • 3 min read • Fri, 14th Nov 2025

Interactive

Sony Interactive New Zealand reports stronger annual profit despite lower cash reserves

Sony Interactive Entertainment New Zealand reported a rise in annual profit to NZD $1.22 million despite lower cash reserves and increased costs in 2025.

By Melvin Hipolito • 3 min read • Thu, 2nd Oct 2025

Digital Transformation

Persistent Systems wins Everest Group award for sustained growth

Persistent Systems has won the Everest Group's 2025 Growth Honor of the Year for consistent revenue growth, reporting USD $1.47 billion in trailing twelve-month revenue.

By Kaleah Salmon • 3 min read • Wed, 24th Sep 2025

Crypto

333D posts first profit in five years & refocuses on healthcare

333D reports first profit in over five years with USD $143,777 after-tax, focusing on healthcare and digital asset management growth for 2026.

By Melvin Hipolito • 3 min read • Thu, 11th Sep 2025

Private Cloud

Aspire revenue climbs 28% to GBP £50.9m on tech investments

Aspire Technology Solutions saw revenue rise 28% to GBP £50.9m in 2025, driven by tech investments, regional expansions, and strong customer service focus.

By Kaleah Salmon • 4 min read • Wed, 13th Aug 2025

Property Market

PEXA completes national rollout with Northern Territory launch

PEXA completes its Australia-wide digital property settlement rollout with Northern Territory launch, exceeding AUD $1 trillion in annual transactions.

By Kaleah Salmon • 3 min read • Tue, 12th Aug 2025

Capital Management

Westcon reports revenue growth amidst profit decline in FY2025

Westcon's FY2025 revenue rose to NZD $818.7m, but net profit fell 24% to NZD $4.8m amid higher costs and lower software sales.

By Melania Watson • 3 min read • Fri, 1st Aug 2025

Power / Energy

Schneider Electric IT's NZ branch posts strong revenue growth amid shift in contract mix

Schneider Electric IT Australia's New Zealand branch posted a 37.7% revenue rise to NZ$21.73m in 2024, driven by maintenance and equipment sales growth.

By Melvin Hipolito • 3 min read • Fri, 1st Aug 2025

Panasonic

Panasonic New Zealand reports heavy loss amidst decline in revenue and rising costs

Panasonic New Zealand reports a net loss of NZD $4.57 million for 2025, hit by a 25% revenue drop and rising costs, reversing last year's profit of NZD $1.67 million.

By Melvin Hipolito • 3 min read • Fri, 1st Aug 2025

Phishing

Small business tax refunds surge in first quarter to AUD $5,000

Small business tax refunds surged by 75% in Q1 2024, with average returns reaching AUD $5,000, reveals CommBank data on Australian financial year start.

By Shannon Williams • 4 min read • Thu, 31st Jul 2025

Customer Experience

Australian firms to prioritise staff upskilling & office upgrades in 2025

Australian businesses in 2025 will focus on new hires, staff upskilling, and office upgrades, favouring low-cost, high-impact investments amid tight profit margins.

By Shannon Williams • 4 min read • Wed, 9th Jul 2025

Customer Experience

Australian SMEs opt for non-capital spending amid rising costs

Amid rising costs and economic uncertainty, 91% of Australian SMEs plan to prioritise non-capital spending over major investments in 2025-26.

By Shannon Williams • 3 min read • Thu, 3rd Jul 2025

IT Budget

Ingram Micro New Zealand sees earnings dip amid softer revenue in 2024

Ingram Micro New Zealand's net profit fell 39% to NZ$9.1m in 2024, hurt by softer revenue and tighter margins amid a competitive IT hardware market.

By Melvin Hipolito • 3 min read • Wed, 2nd Jul 2025

Robotics

StarHub celebrates 25 years with strong growth & USD $2.4bn in revenue

StarHub marks 25 years with USD $2.4bn revenue in 2024, rising 1.4%, driven by strong growth in Southeast Asia's enterprise and consumer markets.

By Sean Mitchell • 3 min read • Mon, 23rd Jun 2025

Harvey Norman

Harvey Norman reports financial turnaround despite decline in revenue

Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.

By Imee Dequito • 3 min read • Tue, 3rd Dec 2024

Document Management

City of Tea Tree Gully upgrades with TechnologyOne system

The City of Tea Tree Gully Council has adopted TechnologyOne's Property & Rating platform, streamlining processes and enhancing efficiency across operations.

By Melania Watson • 3 min read • Wed, 30th Oct 2024