Cash flow stories - Page 8

Cisco Systems New Zealand reports a strong financial year ending 31 July 2024, with net profit soaring 65.4% to NZD 4.94 million despite a slight revenue dip.

Harvey Norman New Zealand reports a 6.1% drop in revenue to NZD $1.05 billion for FY2024, yet maintains profitability with a net profit of NZD $33.4 million.

A Prospa survey reveals many New Zealand SMEs view summer as vital, with 43% expecting better conditions despite economic challenges ahead.

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.

JB Hi-Fi NZ reported a 12.3% revenue increase to NZD $327.9 million for FY2024 but faced significant losses due to rising operating expenses.

Cisco Australia has reported a mixed fiscal performance for 2024, with revenue down to AUD $2,274.9 million but service revenue up by 8.1%.

Zoom Communications has reported a 3.6% increase in revenue for Q3 2025, reaching USD $1,177.5 million, while key AI innovations drive user growth.

CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

The New Zealand Government is set to implement eInvoicing across all agencies by 2026, promising faster payments and improved accuracy for businesses.

As businesses look to FY2025, embracing e-invoicing can streamline operations, enhance cash flow and improve compliance for Australian firms.

As businesses navigate market volatility, scalable solutions for financial management offer essential insights for better budgeting and cashflow control.

Apple New Zealand has reported a revenue drop to $1.14 billion and a net profit decline to $22.8 million for the fiscal year ending June 2024.

Oracle New Zealand has reported stable growth for FY 2024, revealing increased revenue and a healthy profit margin amid challenging market conditions.

Extend has launched its Bill Pay feature, allowing businesses to settle invoices securely using virtual cards, enhancing accounts payable processes.

Late payments cost Kiwi small businesses GBP £827 million in 2023, threatening their survival and hampering economic growth amidst rising inflation and interest rates.

AI is helping small businesses in New Zealand tackle productivity issues, crucial amid tough economic conditions, by automating tasks and optimising workflows.

Syniti's data-first methodology is revolutionising digital transformations, driving efficiency and savings for global industries via tailored enterprise data management.

Sony New Zealand has reported steady financial performance for FY23, maintaining robust revenue streams and a solid asset base despite market fluctuations.

NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.