Accounting software company Reckon Group has achieved revenue of $75.4 million for the year to the end of December 2018 on the back of an 8% increase in cloud revenue, which now represents 45% of the company’s Business Group division available revenue.
New Zealand-headquartered and Australian-listed accounting software provider Xero is claiming one million-plus subscribers signed up in the combined ANZ regional market and using its cloud accounting technology.
New Zealand accounting software company Xero has lifted revenue by 37% to NZ$265.5 million for the first half of the 2019 financial year, but suffered a net loss for the six months of NZ$28.6 million.
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