Markets

School app firm Kami riding high on digital learning tsunami

Dan Brunskill
Tue, 02 Feb 2021

School app firm Kami riding high on digital learning tsunami

Dan Brunskill
Tue, 02 Feb 2021

Local education software firm Kami was already growing at a rapid clip before covid-enforced distance learning super-charged its revenue. Executive director Bob Drummond said the company was already trebling in size before 2020. After the pandemic hit, annualised recurring revenue - the favoured measure of software-as-a-service companies - soared more than tenfold to be "north of $40 million" from its 24 million or so users. Drummond, a co-founder and chief revenue officer of the Parnell-based digital classroom app maker, sa...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News vie email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Policy

New RAT run - Mainfreight heads test replacement push

Pattrick Smellie | Fri, 28 Jan 2022

While big companies reorder rapid antigen tests lost to the government stockpile, Customs has seized tens of thousands of unapproved tests.

Markets market close

NZX 50 index drops below 12,000 points

Dan Brunskill | Fri, 28 Jan 2022

Equity markets have been in decline for the entire month as investors recalibrate valuations in the context of higher interest rates, which are expected to shoot up as central banks try to rein in inflation.

Energy

Dry weather cuts Mercury's earnings

Ian Llewellyn | Fri, 28 Jan 2022

Dry weather is hitting hydro generation, leading to downgrade in earnings guidance for the company.

School app firm Kami riding high on digital learning tsunami

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team