MYOB's NZ business delivers 23% gain in revenue in 2016

Thu, 23 Feb 2017

By Paul McBeth Feb. 23 (BusinessDesk) - MYOB, the Australian payment software developer, boosted revenue from its New Zealand division by 23 percent in a year when it continued to expand its portfolio with Kiwi acquisitions. New Zealand revenue rose to A$67.3 million in calendar 2016, from A$54.8 million a year earlier, Sydney-based MYOB's annual report shows. That outpaced the 11 percent pace of revenue growth from its Australian businesses, which account for the bulk of the firm's sales at A$303.1 million. Research & development grants...

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