Vista Group passes $100m annual recurring revenue

Vista Group passes $100m annual recurring revenue
Chief financial officer Matt Cawte doesn't think locking in customers is a great strategy. (Image: Vista Group)
Jenny Ruth
Vista Group said its annual recurring revenue reached $100 million for the first time in the current quarter.Chief financial officer Matt Cawte told the annual shareholders' meeting this is a first for Vista and ahead of target – he stepped in for chief executive Kimbal Riley who has covid-19."This has been helped by good box office and strong underlying customer activity," Cawte said.The up to $US6.5m (NZ$10m) purchase of the Retriever business will add about $3m to the top line by the end of the current year and the lower...

More Markets

NZX down as property company gets key renewal
Markets Market Close

NZX down as property company gets key renewal

ASB Bank has extended the lease for its downtown Auckland site for another nine years.

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025