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Financial results stories

ADIA takes minority stake in Sapiens as AI push grows
Digital Transformation

ADIA takes minority stake in Sapiens as AI push grows

Its London move puts Sapiens closer to insurers and talent as ADIA becomes a significant minority shareholder in the software group.

By Karen Joy Bacudo • 3 min read • Yesterday
OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • 2 days ago
Google New Zealand posts higher 2025 revenue & profit
Google

Google New Zealand posts higher 2025 revenue & profit

Higher advertising demand helped lift Google New Zealand's 2025 profit to NZD $27.6 million, despite rising costs and tax.

By Karen Joy Bacudo • 3 min read • 3 days ago
Europe startups still rely on US cloud & AI giants
Artificial Intelligence

Europe startups still rely on US cloud & AI giants

A new survey suggests Europe's startups still depend on US cloud and AI providers, as capital gaps and acquisition hopes persist.

By Joseph Gabriel Lagonsin • 5 min read • 3 days ago
Juniper Networks Australia profit declines in 2025
Juniper Networks

Juniper Networks Australia profit declines in 2025

Higher administrative costs eroded Juniper Networks Australia's gains, as profit fell 16% despite revenue rising to USD $138.7 million in 2025.

By Karen Joy Bacudo • 3 min read • 3 days ago
ServiceNow Australia revenue jumps 17% as losses narrow
Software-as-a-Service

ServiceNow Australia revenue jumps 17% as losses narrow

Rising subscription income lifted annual revenue 17% to AUD $819.8 million, even as the Australia business stayed in the red.

By Karen Joy Bacudo • 3 min read • 3 days ago
Gartner Australasia profit dips as costs rise in 2025
IT services

Gartner Australasia profit dips as costs rise in 2025

Higher costs and a marginal revenue decline left Gartner Australasia with AUD $13.3 million pre-tax profit in 2025, down from AUD $14.0 million.

By Karen Joy Bacudo • 3 min read • 3 days ago
Infios appoints Sven Adler as Chief Financial Officer
Digital Transformation

Infios appoints Sven Adler as Chief Financial Officer

The hire puts pressure on Infios to balance expansion with tighter margins as the software group pushes deeper into international markets.

By Joseph Gabriel Lagonsin • 3 min read • Last week
Magellanic Cloud reports stronger FY26 revenue & profit
Digital Transformation

Magellanic Cloud reports stronger FY26 revenue & profit

Higher rail and bank surveillance orders helped lift Magellanic Cloud's Q4 profit 34% and push full-year revenue above INR 706.8 crore.

By Karen Joy Bacudo • 4 min read • Last week
Snowflake buys Natoma & deepens AWS tie with USD £6bn
Customer Relationship Management

Snowflake buys Natoma & deepens AWS tie with USD £6bn

The move gives Snowflake a wider governance layer for enterprise AI and locks in a USD $6 billion AWS spend over five years.

By Joseph Gabriel Lagonsin • 5 min read • Last week
Westcon-Comstor lifts sales & profit on software shift
Software-as-a-Service

Westcon-Comstor lifts sales & profit on software shift

Higher-margin software and services lifted Westcon-Comstor's FY26 sales and profit, with recurring revenue now making up 68% of gross sales.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Financial results stories

ThreeSixty strengthens commercial planning practice for retailers
Supply Chain

ThreeSixty strengthens commercial planning practice for retailers

Retailers and distributors may now be able to test supply chain changes against ROCE before acting, as hidden costs often erode profits.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday
Google Payment New Zealand profit edges up in 2025
Fintech

Google Payment New Zealand profit edges up in 2025

Revenue rose 11.6% as higher transaction processing activity lifted Google Payment New Zealand's 2025 profit to NZD $312,841.

By Karen Joy Bacudo • 3 min read • 3 days ago
Windcave profit rises as cash position strengthens
Fintech

Windcave profit rises as cash position strengthens

Stronger operating cash flow lifted Windcave's year-end cash balance to NZD $108.1 million, even as revenue was broadly flat.

By Karen Joy Bacudo • 3 min read • 3 days ago
Afterpay NZ profit more than triples on BNPL growth
Fintech

Afterpay NZ profit more than triples on BNPL growth

Higher buy now, pay later income lifted Afterpay NZ's annual profit to NZD $3.5 million, despite a sharp rise in credit losses.

By Karen Joy Bacudo • 3 min read • 3 days ago
SAP New Zealand profit more than doubles on cloud growth
Software-as-a-Service

SAP New Zealand profit more than doubles on cloud growth

Cloud demand lifted SAP New Zealand's annual profit to NZD $17.4 million, more than double the prior year, as revenue rose nearly 16%.

By Karen Joy Bacudo • 3 min read • 3 days ago
IBM New Zealand profit rises despite revenue decline
Enterprise Resource Planning

IBM New Zealand profit rises despite revenue decline

Higher margins and lower costs lifted IBM New Zealand's profit even as annual revenue dropped 13.4% to NZD $111.9 million.

By Karen Joy Bacudo • 3 min read • 3 days ago
Singapore CEOs see geopolitical risk as top concern
Digital Transformation

Singapore CEOs see geopolitical risk as top concern

Singapore boardrooms are shifting towards disciplined growth, as 71% of CEOs rank geopolitical uncertainty above all other business risks.

By Karen Joy Bacudo • 6 min read • Last week