Cash flow stories - Page 3

A CommBank survey reveals almost 80% of Australian small to medium businesses struggled with cash flow last year, prompting various strategies for relief.

Cisco Systems New Zealand reports a strong financial year ending 31 July 2024, with net profit soaring 65.4% to NZD 4.94 million despite a slight revenue dip.

Harvey Norman New Zealand reports a 6.1% drop in revenue to NZD $1.05 billion for FY2024, yet maintains profitability with a net profit of NZD $33.4 million.

Despite rising costs and economic pressures, nearly 47% of Australia's small businesses foresee improved cash flow by 2025, revealing growing optimism.

A Prospa survey reveals many New Zealand SMEs view summer as vital, with 43% expecting better conditions despite economic challenges ahead.

Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.

JB Hi-Fi NZ reported a 12.3% revenue increase to NZD $327.9 million for FY2024 but faced significant losses due to rising operating expenses.

Cisco Australia has reported a mixed fiscal performance for 2024, with revenue down to AUD $2,274.9 million but service revenue up by 8.1%.

Zoom Communications has reported a 3.6% increase in revenue for Q3 2025, reaching USD $1,177.5 million, while key AI innovations drive user growth.

Australian small businesses are set to face significant challenges in 2025, grappling with rising costs, competition, and inadequate government support.

CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

Australian SMEs are urged to prepare for cash flow challenges this holiday season, with concerns over profitability in retail and logistics sectors.

The New Zealand Government is set to implement eInvoicing across all agencies by 2026, promising faster payments and improved accuracy for businesses.

Michael Gould, founder of Anaplan, has launched a new business planning software venture, Kaleidoscope, from his home in North Yorkshire.

Blink Payment has launched a partnership with Zedonk, enabling over 1,000 fashion brands in 45 countries to streamline B2B payment processes.

As businesses look to FY2025, embracing e-invoicing can streamline operations, enhance cash flow and improve compliance for Australian firms.

As businesses navigate market volatility, scalable solutions for financial management offer essential insights for better budgeting and cashflow control.

Accept Cards has launched Accept Cash, an innovative solution for SMEs enabling same-day cash deposits amid rising bank branch closures in the UK.

Apple New Zealand has reported a revenue drop to $1.14 billion and a net profit decline to $22.8 million for the fiscal year ending June 2024.