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Financial results Stories

Australian Stories

Financial results stories

Stakk swings to AUD $1.07 million operating profit
Software-as-a-Service

Stakk swings to AUD $1.07 million operating profit

The turnaround was driven by surging customer receipts and cash inflows, though auditors still expect to flag a going-concern uncertainty.

By Karen Joy Bacudo • 3 min read • 4 days ago
Toshiba Australia profit falls as revenue & cash drop
Supply Chain

Toshiba Australia profit falls as revenue & cash drop

Weaker revenue and cash generation drove Toshiba Australia's annual profit down to AUD $1.529 million, despite steady pretax earnings.

By Karen Joy Bacudo • 5 min read • 4 days ago
Sinch partners Coderra on AI messaging for Australia
Software-as-a-Service

Sinch partners Coderra on AI messaging for Australia

Australian retailers will gain automated chat support as the tie-up combines AI agents with Sinch's messaging network across multiple digital channels.

By Sean Mitchell • 3 min read • 5 days ago
Blue Yonder adds AI retail tools for returns & stock
Software-as-a-Service

Blue Yonder adds AI retail tools for returns & stock

Retailers could cut stockouts and returns costs as Blue Yonder links forecasting, fulfilment and customer service in one AI-driven system.

By Sean Mitchell • 4 min read • Last week

Global Stories

Financial results stories

Cloover hits profit & launches AI-native neo-utility
Fintech

Cloover hits profit & launches AI-native neo-utility

Profitability and a fresh USD $100 million in financing give Cloover room to expand its installer-led energy model across Europe.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday
Snowflake raises outlook after 37% product revenue growth
Software-as-a-Service

Snowflake raises outlook after 37% product revenue growth

Rising demand for its AI tools helped lift Snowflake's quarterly product revenue 37%, prompting a higher full-year growth forecast.

By Karen Joy Bacudo • 4 min read • Yesterday
Cloover hits profitability & adds USD $100 million
Software-as-a-Service

Cloover hits profitability & adds USD $100 million

Profitability and a new financing war chest put the Berlin clean energy company on firmer footing as it expands across Europe.

By Sofiah Nichole Salivio • 4 min read • 4 days ago
The Aussie AI Data Centre debate: profit, power & public trust
Edge Computing

The Aussie AI Data Centre debate: profit, power & public trust

Australia's AI boom could add GBP £58 billion, but energy shortages, bubble fears and local backlash are clouding the data centre rush.

By Anthony Caruana • 9 min read • 4 days ago
Novatti posts AUD $2.0 million EBITDA after restructure
Fintech

Novatti posts AUD $2.0 million EBITDA after restructure

Gross margin climbed to 51% as Novatti shed lower-margin businesses, helping it swing to AUD $2.0 million EBITDA and near break-even operations.

By Karen Joy Bacudo • 4 min read • 4 days ago
xReality Group posts record results as defence sales grow
Software-as-a-Service

xReality Group posts record results as defence sales grow

Defence training demand helped lift annual revenue 43% to AUD $20 million, while xReality Group cut its net loss to AUD $0.1 million.

By Sean Mitchell • 4 min read • 5 days ago
Project firms back profit rise as CFO role expands
Digital Transformation

Project firms back profit rise as CFO role expands

Project-based firms are betting on tighter financial controls and AI to lift margins, even as most still lack integrated systems.

By Karen Joy Bacudo • 4 min read • Last week
Everpure raises outlook after record second-quarter revenue
Software-as-a-Service

Everpure raises outlook after record second-quarter revenue

Higher demand for AI and hyperscale products helped lift revenue 38% to USD $1.2 billion, prompting Everpure to raise full-year guidance.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Financial results stories

Sony New Zealand profit falls as revenue slips to NZD $53m
Risk & Compliance

Sony New Zealand profit falls as revenue slips to NZD $53m

Weaker sales and a higher tax charge halved Sony New Zealand's annual profit as operating cash flow also dropped sharply.

By Karen Joy Bacudo • 4 min read • 4 days ago
Transpower profit rises as grid investment ramps up
Clean technologies

Transpower profit rises as grid investment ramps up

Rising electrification demand is driving a bigger build-out of New Zealand's grid, with approved projects set to lift capital spending further.

By Karen Joy Bacudo • 5 min read • 4 days ago
NTT New Zealand revenue rises as annual loss narrows
Digital Transformation

NTT New Zealand revenue rises as annual loss narrows

Higher product sales and managed services helped lift revenue at NTT New Zealand, but cash outflows widened and net liabilities grew.

By Karen Joy Bacudo • 4 min read • 4 days ago
Okta beats forecasts & raises full-year revenue guidance
Software-as-a-Service

Okta beats forecasts & raises full-year revenue guidance

Shares surged nearly 20% after the identity software group lifted annual sales guidance on stronger demand and improved profitability.

By Sofiah Nichole Salivio • 4 min read • Last week
D2C Insider summit spotlights AI's role in consumer brands
Digital Transformation

D2C Insider summit spotlights AI's role in consumer brands

AI is moving from side project to core strategy for consumer brands as founders seek sharper margins, faster sales and better operations.

By Joseph Gabriel Lagonsin • 4 min read • Last week