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Financial results stories

European tech exits set to rise as pricing gap narrows
Software-as-a-Service

European tech exits set to rise as pricing gap narrows

A narrower pricing gap and rising listed tech shares suggest European private exits could recover later in 2026, ScaleX Invest said.

By Sofiah Nichole Salivio • 5 min read • Yesterday
Sharon AI lifts contract value to USD $8.8 billion
Semiconductors

Sharon AI lifts contract value to USD $8.8 billion

Revenue rose sharply but the Australian AI infrastructure group's loss widened after a USD $400.4 million non-cash hit, despite stronger cash reserves.

By Karen Joy Bacudo • 4 min read • Last week
AvePoint lifts annual recurring revenue guidance after Q2
Disaster Recovery

AvePoint lifts annual recurring revenue guidance after Q2

Second-quarter growth in SaaS revenue and cash generation prompted the company to raise its full-year annual recurring revenue outlook.

By Karen Joy Bacudo • 3 min read • Last week
Iron Mountain raises guidance after record second quarter
Digital Transformation

Iron Mountain raises guidance after record second quarter

Stronger demand in data centres and storage helped Iron Mountain swing to a profit and lift full-year guidance after a record quarter.

By Sean Mitchell • 3 min read • Last week
Hosted Network names Anthony Rosa as Sales Director
Partner Programmes

Hosted Network names Anthony Rosa as Sales Director

The channel-only provider is tightening its leadership as it expands wholesale cloud, connectivity and voice services across Australia.

By Mark Tarre • 4 min read • Last week
10x Banking raises GBP £40 million from AshGrove Capital
Software-as-a-Service

10x Banking raises GBP £40 million from AshGrove Capital

The London-based software group is set to expand sales after turning EBITDA-positive and growing annual recurring revenue by more than 30%.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Henkel starts Loctite compound output in Australia
Supply Chain

Henkel starts Loctite compound output in Australia

Local miners and heavy industries should benefit from faster deliveries as Henkel replaces imported supply of Loctite PC 9313 with Victorian output.

By Sean Mitchell • 3 min read • Last week
Snap revenue rises 19% as users near 1 billion mark
Wearables

Snap revenue rises 19% as users near 1 billion mark

Snap is edging towards one billion monthly users as advertising and subscription sales help lift quarterly revenue 19% to USD $1.60 billion.

By Karen Joy Bacudo • 4 min read • Last week
Amazon retail growth boosted by grocery & AI shopping
Digital Transformation

Amazon retail growth boosted by grocery & AI shopping

Amazon reported growth across retail, grocery, pharmacy and AI shopping as it expanded product selection and accelerated delivery speeds.

By Mark Tarre • 4 min read • Last week

Stories from Other Regions

Financial results stories

Modulr joins FCA scale-up unit for solo-regulated firms
Fintech

Modulr joins FCA scale-up unit for solo-regulated firms

Direct access to the UK watchdog will help the payments firm tackle scaling issues as it handles more than GBP £180 billion a year.

By Karen Joy Bacudo • 4 min read • Yesterday
Blue Cloud wins USD $150 million SpaceX Malaysia deal
Disaster Recovery

Blue Cloud wins USD $150 million SpaceX Malaysia deal

The 18-month pact could boost Blue Cloud's overseas revenue as it expands its US unit's role in AI, security and data-centre services.

By Joseph Gabriel Lagonsin • 2 min read • Yesterday
Retail Insight launches AI waste prediction for grocers
Data Analytics

Retail Insight launches AI waste prediction for grocers

Earlier markdowns could curb food waste and protect margins as grocers are warned of unsold stock up to a week before expiry.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago
AI adoption boosts UK accountants' profits, Xero says
Data Analytics

AI adoption boosts UK accountants' profits, Xero says

Firms embedding AI in daily workflows are saving hours each week and posting more than double the profit margins of rivals, Xero says.

By Karen Joy Bacudo • 5 min read • Last week
VIVA triples loan originations after LoanPro migration
Software-as-a-Service

VIVA triples loan originations after LoanPro migration

The lender says cleaner data and more automation cut manual work, helping it scale without hiring servicing staff at the same pace.

By Karen Joy Bacudo • 4 min read • Last week
Adyen New Zealand lifts fourfold rise in net profit
Fintech

Adyen New Zealand lifts fourfold rise in net profit

Stronger finance income and a shift to positive operating cash flow helped the payments firm lift annual net profit to NZD $1.52 million.

By Karen Joy Bacudo • 4 min read • Last week
Westcon Group NZ lifts profit despite revenue drop
Taxation

Westcon Group NZ lifts profit despite revenue drop

Lower purchasing costs and stronger finance income lifted Westcon Group NZ's annual profit to NZD $9.8 million, even as sales slipped.

By Karen Joy Bacudo • 3 min read • Last week
Dell New Zealand profit rises despite slight revenue dip
IT Industry

Dell New Zealand profit rises despite slight revenue dip

Lower operating costs and foreign exchange gains helped offset softer sales, leaving net profit up to NZD $2.34 million as assets grew.

By Karen Joy Bacudo • 3 min read • Last week
Pearson lifts half-year profit & reaffirms guidance
Artificial Intelligence

Pearson lifts half-year profit & reaffirms guidance

Stronger cash generation and a 14% rise in adjusted operating profit left the education publisher confident enough to keep full-year guidance unchanged.

By Karen Joy Bacudo • 4 min read • Last month