Financial Year (FY) stories

FedEx says its Asia Pacific operations delivered USD $5.7 billion in economic impact in 2025 as it ramps up routes, tech and green investments.

Cohesity wins Cisco SolutionsPlus top partner award for 2025, recognised for growth, innovation and joint data protection and AI solutions.

ConnectOS ranks 37th on AFR Fast 100 for the fourth year, posting USD $66m revenue and 65% growth, expanding its offshore teams for Australian firms.

Westcon-Comstor's H1 sales rise 9.8% to USD $2.78bn, driven by 16% growth in cybersecurity and a focus on recurring revenue streams.

333D reports first profit in over five years with USD $143,777 after-tax, focusing on healthcare and digital asset management growth for 2026.

Goodman Group's FY25 operating profit rose 13% to AUD $2.3 billion, driven by booming data centre developments and strategic site acquisitions.

Blackpearl has acquired US AI firm B2B Rocket, boosting its annual recurring revenue to NZD $17.5m as it targets the US small and medium business sector.

PEXA completes its Australia-wide digital property settlement rollout with Northern Territory launch, exceeding AUD $1 trillion in annual transactions.

Small business tax refunds surged by 75% in Q1 2024, with average returns reaching AUD $5,000, reveals CommBank data on Australian financial year start.

Australian businesses in 2025 will focus on new hires, staff upskilling, and office upgrades, favouring low-cost, high-impact investments amid tight profit margins.

Amid rising costs and economic uncertainty, 91% of Australian SMEs plan to prioritise non-capital spending over major investments in 2025-26.

Australian exporters using outdated tax software risk fines and delays; adopting AI-infused compliance tech in FY2026 offers speed and accuracy benefits.

The City of Tea Tree Gully Council has adopted TechnologyOne's Property & Rating platform, streamlining processes and enhancing efficiency across operations.

Seeing Machines has reported a 17% revenue growth to USD $67.6 million for FY2024, bolstered by key partnerships and a surge in vehicle technology adoption.

Retailers are gearing up for the new financial year with increased investments in cyber security, personalisation, and artificial intelligence to boost growth.

SenSen Networks posts record Q4 and FY24 results with AUD $4.0 million in quarterly customer cash receipts, a 23% increase, as it exits the Gaming market.

With the end of the financial year nearing, Australian businesses are warned of rising cyber threats, including AI-driven attacks, tax scams and ransomware.

Experts are urging change in digital investments to balance costs and ensure security, as Australian firms are facing economic hurdles and rising cyber threats.

Ricoh Australia has unveiled its first Reconciliation Action Plan to boost awareness, employment, and opportunities for Aboriginal and Torres Strait Islander peoples.

Telstra's restructure could lead to up to 2,800 job losses as the company aims to streamline operations and support its long-term investment in technology and infrastructure.