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.