close
MENU
Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Tech & Innovation
4 mins to read

Datacom’s profit drops 80% as it invests $80m

NZ’s third-largest tech company lifted revenue to $1.49b.

New Zealand-based, privately owned tech company Datacom Group has had an 80.5% drop in net profit after tax for FY23, to $8 million from $41m the prior year, after investing more into its strategic product businesses.

Datacom Group CEO Greg Davidson said while net profit was down, the group as part

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

NZ$399.00 / yearly

Offer ends July 31st

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Fiona Rotherham Fri, 30 Jun 2023
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Datacom’s profit drops 80% as it invests $80m
Tech & Innovation,
99766
true