Cash flow stories
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%.
The Byte Channel has teamed up with arXanum to launch the Sell To Europe B2B service, easing VAT complexities for Australasian brands targeting European markets.
Australian fintech Zeller has unveiled its new Bill at Table service, partnering with Impos to help restaurants boost efficiency and table turnover by 73%.
Amplitude has reported a fourth-quarter revenue of USD $78.1 million, reflecting a 9% rise, while expanding its customer base to 591 clients above USD $100,000 in ARR.
Treyd has launched 'Advance.', a service enabling brands like Mino Market to convert invoices into immediate cash, enhancing cash flow in the UK and Sweden.
Nasuni has reported a remarkable 26% revenue increase in FY24, reaching a valuation of $1.2 billion and expanding its workforce across the UK and Ireland.
Freshworks has unveiled impressive Q4 results, with revenues reaching USD $194.6 million, marking a 22% increase year-on-year and signalling robust growth.
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.
A new survey by Dext reveals that financial stress is disrupting sleep for 33% of UK SMB owners, as rising costs threaten their cash flow.
As businesses increasingly harness vast amounts of data, CFOs are evolving into tech pioneers, leveraging AI and analytics for strategic decision-making.
QBE Insurance's annual SME surveys reveal challenges for small and medium-sized enterprises in Singapore and Hong Kong, highlighting rising costs and AI adoption concerns.
Cardiff's Menna.ai is set to enhance UK small businesses' financial management with its AI-powered assistant, now inviting early access sign-ups.
Small and medium-sized enterprises in Singapore are at risk of losing SGD $800 million each year by keeping cash in low-yield bank accounts.
A CommBank survey reveals almost 80% of Australian small to medium businesses struggled with cash flow last year, prompting various strategies for relief.
Despite rising costs and economic pressures, nearly 47% of Australia's small businesses foresee improved cash flow by 2025, revealing growing optimism.