Cash flow stories
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.
LG Electronics' NZ business posted a 29.4% rise in profit before tax to $38.5 million in 2024, despite rising operational costs and higher expenses.
Nearly half of New Zealand's small businesses doubt that the upcoming Government Budget will offer meaningful support, says Prospa NZ survey.
Datacom Group reported steady NZD $1.48 billion revenue for FY25, focusing on AI-driven growth amid challenges in New Zealand and strong Australian contracts.
Xero is set to acquire US payments platform Melio for USD $2.5 billion, boosting its North American growth and integrating payments with accounting solutions.
Australian businesses are shifting to flexible IT financing to stay agile, preserve cashflow, and keep technology current amidst rapid innovation and economic challenges.
CrowdStrike's Q1 revenue rose 20% to USD $1.10bn with ARR growing 22% to USD $4.44bn, reflecting strong subscription and cash flow performance.
monday.com reports Q1 fiscal 2025 revenue of $282.3m, a 30% rise, with record profits and cash flow boosting confidence in growth prospects.
Ignition launches AutoCollect to help small service businesses automate late payment collection, streamlining invoicing and boosting cash flow management.
Fortinet reported Q1 2025 revenue of USD $1.54bn, up 14%, with strong growth in product and service revenue and a record operating margin.
Dan French of Consider Solutions warns that Agentic AI's risks may outweigh benefits as enterprises rush to adopt autonomous systems amid ongoing scepticism.
JAGGAER launches JAI, an AI platform enhancing procurement with human-guided orchestration for smarter, integrated task management and decision support.
Debenhams Group has adopted AI to optimise pricing and promotions across brands like PrettyLittleThing and Karen Millen, boosting margins and customer value.
Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.
BT has won a Silver Award from the UK Fair Payment Code for paying 95% of invoices within 60 days, leading the telecom sector in fair supplier payments.
Zeller launches mobile invoicing in its app to help Australian SMEs tackle AUD $115bn in late payments, boosting cash flow with faster invoice settlements.
Unpredictable cash flow is hindering growth for 63% of US marketing agencies, delaying hires and investment, says an Ignition survey.
Australian SMEs face major challenges with slow cash flow and payment reconciliation, losing hours weekly and risking $50,000–200,000 in disputes, Adyen finds.
Ignition integrates with Wolters Kluwer's CCH Axcess to automate engagement and payments, helping US accounting firms reduce inefficiencies and boost revenue.
Dan French, CEO of Consider Solutions, urges C-Suite executives to rethink value delivery, advocating an 'outside-in' approach to enhance organisational efficiency.