Finzsoft announces 2010 results

Finzsoft announces 2010 results

Financial services software maker FinzSoft’s released its results for the the year to March 31 on Friday, recording a 9 percent drop on last year.

In a statement to the NZ Stock Exchange, Finzsoft announced that revenue was $7.227 million, down from $7.915 million for the previous year.

Commentary on the results notes: “The effects of the financial crisis which continued from the previous financial year meant that there was both a continuing reluctance on the part of many of our clients to invest in the development of their operating platform and a reluctance to for new clients to invest in our platform.

“However, in the last quarter of the 2010 financial year there has been a noticeable trend of clients starting to invest in Capex items and this trend is continuing into the current financial year.”

The statement notes that Finzsoft continues to explore opportunities in the Australian market, which represents 55 percent of its total revenue.

Earlier this week, Finzsoft announced that it had entered the US market, signing a partnership with US firm NetFinance to resell Finzsoft software.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags finzsoft


EDGE 2024

Register your interest now for EDGE 2024!



How MSPs can capitalise on integrating AI into existing services

How MSPs can capitalise on integrating AI into existing services

​Given the pace of change, scale of digitalisation and evolution of generative AI, partners must get ahead of the trends to capture the best use of innovative AI solutions to develop new service opportunities. For MSPs, integrating AI capabilities into existing service portfolios can unlock enhancements in key areas including managed hosting, cloud computing and data centre management. This exclusive Reseller News roundtable in association with rhipe, a Crayon company and VMware, focused on how partners can integrate generative AI solutions into existing service offerings and unlocking new revenue streams.

How MSPs can capitalise on integrating AI into existing services
Access4 holds inaugural A/NZ Annual Conference

Access4 holds inaugural A/NZ Annual Conference

​Access4 held its inaugural Annual Conference in Port Douglass, Queensland, for Australia and New Zealand from 9-11 October, hosting partners from across the region with presentations on Access4 product updates, its 2023 Partner of the Year awards and more.

Access4 holds inaugural A/NZ Annual Conference
Show Comments