Halter NZ’s revenue drops but gains more local farmers

Halter founder and chief executive Craig Piggott. (Image: Halter)

Fri, 29 Aug 2025

Halter New Zealand’s total revenue has dropped, but more local farmers appear to be taking up the firm’s virtual fencing and animal management technology.Total revenue dropped 20% in the 12 months to March 2025 to $71.7 million. But subscription revenue, essentially what farmers pay to use its software, increased from $24.9m to $35.9m over the period.During the year, it added 60 new employees in NZ and deployed over 127,000 new collars in the market.That, however, wasn’t enough to offset by a drop in services income from $64.4...

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