Geo's annual sales to fall short of guidance, break-even postponed

Geo's annual sales to fall short of guidance, break-even postponed
Jenny Ruth
By Jenny Ruth May 9 (BusinessDesk) - Struggling workforce productivity software company Geo says annual sales will fall short of guidance and that break-even is further out. “Geo now expects that its year-on-year growth in annual recurring – subscription – revenues will be 21-23 percent, that growth in total revenues – including non-recurring training and development income –will be about 20 percent,” Geo says in a statement. It had previously predicted revenue growth of 25-30 percent for the year ending June. Break-even at the earn...

More Services

Food Chain report shows $9m owing
Services

Food Chain report shows $9m owing

More than $9.1m is owing in the liquidation of food supplier Food Chain, the first report in the insolvency shows. The company, which has ceased trading, had approximately 60 staff, and is also in receivership. The first liquidators' report of Adam Botterill and Damien Grant...

Staff reporters 11 Jul 2025
Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

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

Staff reporters 03 Jul 2025
Aussie fund manager Shaws buys Devon Funds
Finance

Aussie fund manager Shaws buys Devon Funds

The deal is the latest tie-up between Australian and NZ funds managers.

Staff reporters 24 Jun 2025
Buy NZ Made's new service trademark sets high bar
Services

Buy NZ Made's new service trademark sets high bar

One certified business says it sets it apart from multinational competitors.

John Anthony 23 Jun 2025