Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Wynyard Group delivers on 2013 revenue forecast

Wynyard Group delivers on 2013 revenue forecast

AUCKLAND, 13 January 2014 – Wynyard Group (NZX:WYN), a leading provider of critical threat assessment and advanced crime analytics software, announced today it has delivered on its 2013 revenue target. Wynyard Group completed an initial public offering (IPO) and floated on the New Zealand Stock Exchange on 19 July 2013.

“Our IPO prospective financial information forecast $21.5 million revenue in the year to 31 December 2013. Our unaudited results indicate we will meet that target and will report more than 62% revenue growth in the 2013 year.

“We are starting the new year in good shape. The number of new opportunities materially increased in the fourth quarter of 2013 and we took steps in November to build capacity to qualify and service this increased demand,” said Wynyard Group Managing Director Craig Richardson.

Wynyard Group’s prospective financial information forecast $27 million revenue in the year to 31 December 2014. The Wynyard board will continue to review the 2014 and 2015 business plan and targets through the first quarter of this year.

The company’s 2013 full year results are due to be announced on Monday 24 February and its annual report will be available to shareholders by the end of March.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Retail: New Law Paves Way For Greater Supermarket Competition

Legislation that bans major supermarkets from blocking their competitors’ access to land to set up new stores paves the way for greater competition in the sector, Minister of Commerce and Consumer Affairs Dr David Clark said... More>>



International Business Forum: NZ EU FTA Coming Down To The Wire – Hold The Line

As negotiations accelerate to conclude an ambitious free trade agreement between New Zealand and the European Union, the NZ International Business Forum (NZIBF), representing a cross section of major exporters... More>>


MBIE: NZ space sector set to star in Moon mission
The New Zealand space sector is set to star in NASA’s CAPSTONE moon mission – with Rocket Lab launching a satellite to the Moon from New Zealand in June, and the lift-off of a separate NASA-NZ lunar research project... More>>



MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>



Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>