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Financial Year (FY) Stories

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Financial Year (FY) stories

Westcon Group NZ lifts profit despite revenue drop
Taxation

Westcon Group NZ lifts profit despite revenue drop

Lower purchasing costs and stronger finance income lifted Westcon Group NZ's annual profit to NZD $9.8 million, even as sales slipped.

By Karen Joy Bacudo • 3 min read • 3 days ago
Dell New Zealand profit rises despite slight revenue dip
IT Industry

Dell New Zealand profit rises despite slight revenue dip

Lower operating costs and foreign exchange gains helped offset softer sales, leaving net profit up to NZD $2.34 million as assets grew.

By Karen Joy Bacudo • 3 min read • 3 days ago
Schneider Electric NZ profit rises despite lower sales
Schneider Electric

Schneider Electric NZ profit rises despite lower sales

Lower operating costs helped Schneider Electric NZ lift annual profit to NZD $9.2 million even as revenue fell 9.5% to NZD $175.4 million.

By Karen Joy Bacudo • 3 min read • Last month
Google Payment New Zealand profit edges up in 2025
Fintech

Google Payment New Zealand profit edges up in 2025

Revenue rose 11.6% as higher transaction processing activity lifted Google Payment New Zealand's 2025 profit to NZD $312,841.

By Karen Joy Bacudo • 3 min read • Tue, 2nd Jun 2026
Windcave profit rises as cash position strengthens
Fintech

Windcave profit rises as cash position strengthens

Stronger operating cash flow lifted Windcave's year-end cash balance to NZD $108.1 million, even as revenue was broadly flat.

By Karen Joy Bacudo • 3 min read • Mon, 1st Jun 2026
Afterpay NZ profit more than triples on BNPL growth
Fintech

Afterpay NZ profit more than triples on BNPL growth

Higher buy now, pay later income lifted Afterpay NZ's annual profit to NZD $3.5 million, despite a sharp rise in credit losses.

By Karen Joy Bacudo • 3 min read • Mon, 1st Jun 2026

Global Stories

Financial Year (FY) stories

EOFY pressures drive cyber risk for Australian firms
Data Protection

EOFY pressures drive cyber risk for Australian firms

Rising deadline pressure is leaving finance and payroll teams more exposed to sophisticated scams that can disrupt payments and damage trust.

By Sofiah Nichole Salivio • 6 min read • Last month
Microsoft names Logicalis a Frontier Partner for AI
Software-as-a-Service

Microsoft names Logicalis a Frontier Partner for AI

The recognition could help Logicalis win more cloud and AI deals as Microsoft deepens co-sell ties with trusted partners.

By Mark Tarre • 3 min read • Last month
NFON shareholders back AI strategy at annual meeting
Software-as-a-Service

NFON shareholders back AI strategy at annual meeting

Investor backing for NFON's AI push came as the Munich software group lifted revenue to EUR 89.1 million and boosted margins.

By Joseph Gabriel Lagonsin • 4 min read • Mon, 29th Jun 2026
Australia & New Zealand small firms lift marketing spend
Data Protection

Australia & New Zealand small firms lift marketing spend

Despite inflation and interest-rate pressure, most small firms are boosting marketing and AI use to win customers and protect revenue.

By Joseph Gabriel Lagonsin • 5 min read • Thu, 18th Jun 2026
ServiceNow Australia revenue jumps 17% as losses narrow
Software-as-a-Service

ServiceNow Australia revenue jumps 17% as losses narrow

Rising subscription income lifted annual revenue 17% to AUD $819.8 million, even as the Australia business stayed in the red.

By Karen Joy Bacudo • 3 min read • Mon, 1st Jun 2026
Gartner Australasia profit dips as costs rise in 2025
IT services

Gartner Australasia profit dips as costs rise in 2025

Higher costs and a marginal revenue decline left Gartner Australasia with AUD $13.3 million pre-tax profit in 2025, down from AUD $14.0 million.

By Karen Joy Bacudo • 3 min read • Mon, 1st Jun 2026

Stories from Other Regions

Financial Year (FY) stories

How channel partners can capitalise on the key trends affecting the physical security sector in FY2027
Smart Cities

How channel partners can capitalise on the key trends affecting the physical security sector in FY2027

Rising risk and cost pressures are driving demand for cloud-managed, unified security systems as councils and energy firms seek simpler protection.

By Djeffri Setiawan • 4 min read • Last month
Earlypay warns SMEs on late payments as costs rise
Data Analytics

Earlypay warns SMEs on late payments as costs rise

Rising costs and overdue invoices are squeezing Australian SMEs, with late payments now at a six-year high, Earlypay says.

By Karen Joy Bacudo • 5 min read • Mon, 29th Jun 2026
What your EOFY close is telling you about your finance systems
Software-as-a-Service

What your EOFY close is telling you about your finance systems

A difficult June close often exposes hidden costs, manual workarounds and compliance gaps that smaller finance systems can no longer hide.

By Annexa • 4 min read • Wed, 17th Jun 2026
Small firms buy tax audit cover as ATO scrutiny grows
Data Analytics

Small firms buy tax audit cover as ATO scrutiny grows

Rising ATO checks are pushing small business owners to insure against accountants' fees and other audit costs, BizCover says.

By Karen Joy Bacudo • 4 min read • Wed, 17th Jun 2026
Xero warns of stress crisis for Australian small businesses
Fintech

Xero warns of stress crisis for Australian small businesses

More than a quarter of owners fear the economy will worsen their strain as tax time and compliance pressures erode productivity and sleep.

By Karen Joy Bacudo • 4 min read • Fri, 29th May 2026