Blackpearl Group reports strong growth, eyes dual listing on the ASX
1 Articles
1 Articles
Blackpearl Group reports strong growth, eyes dual listing on the ASX
NZX-listed software provider Blackpearl Group recorded $12.5 million in annual recurring revenue in the year to the end of March, an increase of 70%. Gross profit margin was 57%, down from 72% in the third quarter due to a temporary cost increase during the crossover to a new fixed-fee data supply agreement. CEO Nick Lissette said the numbers spoke for themselves. BPG achieved a 13% increase in annual recurring revenue (ARR) in its fourth quarte…
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