Displaying items by tag: Profits

ERP Software as a Service (SaaS) provider TechnologyOne has announced its fourteenth consecutive year of record profit, record revenues, and record SaaS fees, with CEO Ed Chung noting that the company has consistently delivered strong results since listing on the ASX in 1999.

ASX-listed technology expansion capital fund, Bailador Technology Investments, increased net profit after tax for the year ending 30 June 2022 by 23% over the prior year to $34.0 million.

Canalys' stats for Q1 2021 show Xiaomi in No.2 spot behind Samsung for the first time, pushing Apple to third, with the BKK-owned brands Oppo and Vivo in fourth and fifth spots, with Xiaomi's success at the expense of Huawei, but it's still Apple that makes the most money - and is BKK the real No.1?

Australian-listed Macquarie Telecom Group is trumpeting delivery of 13-consecutive halves of profitable revenue growth, wth the release of its results for the half year ended December 2020.

Macquarie Telecom Group has suffered a 17.5% drop in net profit for the full year 2020, despite increasing revenue by 8% to $266.2 million for the year.

Australian listed IT services provider Data#3 increased revenues by 14.9% to $1,625.9 million for the full year 2020 on the back of strong growth in public cloud revenues, which were up by 60.4% to $581.0 million.

Telstra has suffered a 14% drop in profits with the telco putting the decline down to pressure put on it by the the coronavirus pandemic and the national bushfire crisis.

ASX-listed IT hardware, software and cloud distributor, Dicker Data has boosted its coffers, bringing in $1 billion in revenue for the six months to the end of June 2020 - an increase of 18.3% over the same period last year.

Australia’s second largest telco Optus has suffered an operating revenue decline of 2% to A$8,954 million for the full year to the end of March, despite higher NBN migration revenue offsetting lower equipment and service revenues.

Petrol retailers have been warned by the competition watchdog, the ACCC, that they should not use the current COVID 19 pandemic to further increase profits, and should pass on the full benefit of falling oil prices to motorists.

Communications provider MNF Group is trumpeting “solid results” for the six months to the end of December 2019 with net profit after tax up 20% to $3.7 million on the back of an increase in revenue of 14% to $112 million from $98.1 million for the same period in 2019.

Nokia’s net profits for the fourth quarter 2019 more than doubled to 563 million euros, up from 203 million euros in the previous year quarter.

Online retailer Kogan has had a sales boost in the first half of the 2020 financial year, with gross sales of its marketplace platform rising by 44% in the second quarter, boosting profits by 9%, and the company confident about future market growth.

Australian-listed IT services company TechnologyOne has boosted profits for the year to the end of September on the back of continued “strong growth” over the 12 months.

Optus pulled in revenue of $2,207 million for the three months to the end of September to deliver an increase in profits for the quarter due to increased NBN migration.

Australian companies are still lagging on the use of analytics in their businesses according to a new research report which shows they also continue to fall behind global peers in analytics maturity and impact.

Australian listed enterprise software company TechnologyOne has lifted profits for the 2018 financial year by 15% to $66.5 million over 2017.

Optus has seen a 20% fall in profits year-on-year for the first half of its 2018 fiscal year, with Australia's second biggest telco reporting $259 million in net profit for the period against $325 million for the first half a year ago.

Telstra has suffered a sharp fall in profits for the second year running, with the big telco hit with a 9% fall in net profits for the full-year 2018 to $3.5 billion, according to results released on Thursday.

Australian companies are lagging behind the rest of the world, both in their data analytics capabilities and how much value they extract from them, according to a newly published global report.