Vista sees annual revenue of $300m-plus in the picture as cinemas revive

Vista sees annual revenue of $300m-plus in the picture as cinemas revive
CEO Kimbal Riley said two recent blockbusters broke records. (Image: Twitter)
Jenny Ruth
Cinema technology company Vista Group is targeting growing annual recurring revenue (ARR) of more than $300 million long-term through its new software-as-a-service (SaaS) platform.And while Vista’s share price continues to languish, it told its investor day that the movie industry continues to rebound, with strengthening numbers of moviegoers and new box-office records.  “We’ve seen the industry go from strength to strength recently, with two of the top-five highest-grossing movies of all time, Spiderman: No Way Home and...

More Markets

Volatile stocks drive NZ sharemarket down nearly 0.5%
Markets Market Close

Volatile stocks drive NZ sharemarket down nearly 0.5%

The S&P/NZX 50 Index closed at 12.844.59, declining 60.45 points or 0.47%.

Lyttelton Port result improves but CEO says it's not enough
Infrastructure

Lyttelton Port result improves but CEO says it's not enough

The CEO says Lyttelton Port does not generate sufficient returns on its capital base. 

Sky CFO Ciara McGuigan resigns in surprise departure
Markets

Sky CFO Ciara McGuigan resigns in surprise departure

Embattled broadcaster Sky TV is losing its chief financial officer with immediate effect.The pay-TV operator, facing a barrage of customer anger over poor satellite reception in recent weeks, announced the resignation of Ciara McGuigan on Wednesday.Her departure, effective immedi...

Ex-contractors reveal Harvey Norman business model pressures
Retail Exclusive

Ex-contractors reveal Harvey Norman business model pressures

The promise of big money can require extreme flexibility from ‘proprietors’.