Communications provider MNF Group is trumpeting “solid results” for the six months to the end of December 2019 with net profit after tax up 20% to $3.7 million on the back of an increase in revenue of 14% to $112 million from $98.1 million for the same period in 2019.
Accounting software company Reckon Group has pulled in revenue of $75.4 million for the full year to the end of December 2019, with both EBITDA and net profits up by 5%.
Australia’s second largest telco Optus has reported “slightly lower” quarterly operating revenues year on year, down from $2,419 million in 2018 to $2,393 million for 2019, with higher NBN migration revenue offsetting lower equipment and service revenues.
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