About Pattrick

Pattrick Smellie

Former TechDay team member

1,141 stories published

Read the latest stories by Pattrick Smellie across the TechDay network.

Global Stories

Vodafone NZ reports $121 million annual loss

Falling revenue and a final year of substantial costs for integrating with the Telstra Clear business saw Vodafone NZ turn in a loss of $120.7m.

By Pattrick Smellie • 3 min read • Thu, 27th Aug 2015

Unified Communications

TeamTalk annual earnings slump 53% in 'tough year'

In a challenging year, TeamTalk's annual profits plummet 53% amid falling sales despite their optimistic outlook for the future.

By Pattrick Smellie • 2 min read • Thu, 27th Aug 2015

Wynyard Group

Wynyard 1H loss widens as sales climb 39%, says stock price doesn't reflect value

The company will launch its new cyber threat analytics software in the second half of 2015, which will deliver significant recurring software revenue.

By Pattrick Smellie • 2 min read • Tue, 25th Aug 2015

Unified Communications

Datacom topples Spark as NZ's biggest IT services provider

Datacom, the privately-held IT services firm, surpassed Spark New Zealand as the country's biggest information technology services provider.

By Pattrick Smellie • 3 min read • Wed, 19th Aug 2015

Unified Communications

Govt wants to limit UFB involvement, wary of stuffing up sector, English says

The government doesn't want to spend any more money or stay any longer in the build of New Zealand's ultra-fast broadband network.

By Pattrick Smellie • 3 min read • Fri, 24th Jul 2015

Microsoft

While you were sleeping: Apple, Microsoft falter

Apple and Microsoft earnings disappoint, raises doubt over tech rally that pushed Nasdaq to new highs #WallStreet.

By Pattrick Smellie • 2 min read • Thu, 23rd Jul 2015

Fintech

Xero to double turnover to $200M this year, says CEO Rod Drury

New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.

By Pattrick Smellie • 4 min read • Thu, 23rd Jul 2015

Stories from Other Regions

Capital

GeoOp to raise $2.4M in private placement to fund Australian growth, SPP to follow

GeoOp to raise $2.4m to fund expansion in Australia through private placement to foreign investors, senior management and the board.

By Pattrick Smellie • 2 min read • Tue, 25th Aug 2015

Trade Me

Trade Me annual profit flat as increased expenses curb revenue growth

Trade Me posted a similar profit for its 2015 financial year to 2014 as increased spending ate into bigger revenues.

By Pattrick Smellie • 2 min read • Thu, 20th Aug 2015

Capital

Serko cuts revenue forecast for second time

Serko has downgraded its revenue outlook for a second time as a slowing Australian economy weighs and after a number of contracts were delayed.

By Pattrick Smellie • 2 min read • Thu, 20th Aug 2015

Chorus

Chorus says regulator understates network pricing costs such as trenching

Chorus has made a further submission to the Commerce Commission ahead of the final determination on pricing of its copper network.

By Pattrick Smellie • 2 min read • Tue, 18th Aug 2015

Software Development

VMob shifts headquarters to the US, seeks main board NZX listing

VMob, the NZAX-listed mobile technology company, is shifting its headquarters to San Francisco, and raising about $5m in a private share placement.

By Pattrick Smellie • 4 min read • Wed, 12th Aug 2015

JB Hi-Fi

JB Hi-Fi NZ earnings drop 50% on skinnier margins, flat sales

JB Hi-Fi's New Zealand earnings halved in the latest financial year as the Australian retailer's margins shrank and sales were little changed.

By Pattrick Smellie • 2 min read • Mon, 10th Aug 2015

NZAX

VMob delays planned ASX listing despite reported sales momentum

VMob says it has delayed a planned listing on the ASX because of on-going commercial negotiations and so management can focus on current sales.

By Pattrick Smellie • 2 min read • Tue, 4th Aug 2015

Fintech

Xero burns through the cash

Xero burned through cash at a faster pace in the June quarter as it ramped up spending on rising staff, and marketing costs.

By Pattrick Smellie • 2 min read • Tue, 4th Aug 2015

Peer-to-peer lending

Harmoney founder and CEO Neil Roberts leaves board

Harmoney's Neil Roberts steps down from board but maintains CEO position amidst company's evolving financial journey.

By Pattrick Smellie • 2 min read • Fri, 31st Jul 2015

Government

Govt wants to limit UFB involvement, English says

Government fears prolonged involvement in New Zealand's ultra-fast broadband network could distort its value, says Finance Minister Bill English.

By Pattrick Smellie • 3 min read • Wed, 29th Jul 2015

New Zealand Venture Investment Fund

The New Zealand Venture Investment Fund breaks even or better from one-in-five exits

Crown's NZ Venture Fund achieves break-even or profits in 21% of exits, aligning with early-stage investment norms, says CEO Banga.

By Pattrick Smellie • 2 min read • Fri, 10th Jul 2015

Application Performance Monitoring

How Kiwi companies can become the new breed of 'exponential organisations'

The business world has seen the birth of a new breed of company that could tilt the playing field in favour of cash-strapped Kiwi entrepreneurs.

By Pattrick Smellie • 4 min read • Thu, 9th Jul 2015

Payment Technologies

Pushpay revenue climbs as US churches sign up for service

The mobile payments app developer boosted revenue 39% in Q1 as growth in its US faith-based merchants offset a decline in its SMS business.

By Pattrick Smellie • 2 min read • Wed, 8th Jul 2015