Menu
Solution 6 reports impressive financial result

Solution 6 reports impressive financial result

Solution 6 sales revenue has grown by 43 per cent in the last financial year, the business systems accounting supplier announced yesterday.

The company reported sales revenue of $74.3 million for the year ending 98/99 up from $52 million for the previous financial year, representing a profit of $3.2 million.

The result is "a reflection of our ongoing strategy to bring the focus back to our core business of accounting practice software and services", the managing director and CEO of Solution 6 Holdings, Chris Tyler, said. "This has clearly paid off as we have exceeded our 35 per cent growth target."

Solutions 6 core business represents 42.6 per cent of the revenue.

Tyler also puts part of the success down to penetrating the international markets in the Middle East, Europe, North America and Asia.

The international markets now represent 56 per cent of revenue, up from 40 per cent last year.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Events

ARN Innovation Awards 2022

Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.

EDGE 2022

EDGE is the leading technology conference for business leaders in Australia and New Zealand, built on the foundations of collaboration, education and advancement.

Brand Post

Channel Roadmap

The Channel Roadmap is a bespoke content hub housing strategic priorities from technology vendors for 2022 and beyond, partners can find the guidance on the key technologies and markets to pursue, to help build a blueprint for future success.

Show Comments