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3 results for “saas”
Technology One has delivered its 17th consecutive record first-half profit of $89.1 million, driven by a 17% surge in annual recurring revenue and strong SaaS+ adoption.
Gentrack Group Limited has acquired New Zealand SaaS provider Factor for NZ$24 million to integrate machine learning-driven energy pricing into its global platform. The deal, funded by cash reserves, is expected to be EPS accretive by FY28.
Xero Limited (XRO.AX) shares fell 7-9% following FY26 results that showed a 27% decline in NPAT to NZ$167.4 million, despite a 31% surge in revenue. The impact of the Melio acquisition and new AI initiatives like XeroForce are central to the company's long-term growth strategy.