Microsoft's revenue soars in New Zealand

Microsoft received a nearly $4m tax refund. (Image: Supplied)

Mon, 11 Dec 2023

Microsoft New Zealand’s revenue has surged to $1.2 billion for the year to June 30 – a more than $121 million increase on the previous year, Companies Office records show.Recently filed financial statements show Microsoft's NZ business made an after-tax profit of $40m, largely unchanged on the previous year.Finance income increased to nearly $5.1m, compared to just $710,000 the previous year, while administrative expenses climbed by more than $12m on the previous year to nearly $37.5m. A $4m "goodwill impairment&q...

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