Financial Year (FY) stories

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.

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.

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.

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

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

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.

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

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

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.

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.

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.

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.

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

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

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.

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.

Australian exporters using outdated tax software risk fines and delays; adopting AI-infused compliance tech in FY2026 offers speed and accuracy benefits.

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.

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

Seeing Machines has reported a 17% revenue growth to USD $67.6 million for FY2024, bolstered by key partnerships and a surge in vehicle technology adoption.