Local window design software firm Soft Tech's accounts tagged

Local window design software firm Soft Tech's accounts tagged
The Cyncly group makes window and door design software. (Image: Cyncly)
Maria Slade
A Takapuna based window design software company is reliant on parent support after reporting an $18m loss.Soft Tech’s global owner Cyncly Group says its reported accounting loss is driven by intragroup restructuring and a goodwill impairment. ST Bidco’s total liabilities exceeded its total assets by $10.76m last year, indicating material uncertainty, auditors Moore Markhams said in the firm’s 2024 financial statements filed to the Companies Register.The New Zealand company is the parent of Soft Tech (NZ) an...

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