Vista Group books big loss, but says Covid effects will be fleeting
28 Feb, 2021 07:58 PM
3 minutes to read
Vista Group, the Auckland-based company that dominates the global market for movie theatre management software, reported big full-year revenue and profit hits today, as expected.
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But it also highlighted its strong balance sheet and cost-cutting, and said in an NZX filing that while the impact on the pandemic had been challenging, it saw limited permanent consequences.
For its full-year to December 30, 2020, Vista s revenue fell 39 per cent to $87.5m as it sunk to a $56.7m net loss (including $70m in non-cash items) from its year-ago profit of 21.3m.
Covid 19 coronavirus: Vista Group CEO Kimbal Riley sees first signs of a cinema comeback
1 Mar, 2021 04:42 AM
6 minutes to read
Vista Group s chief executive was able to point to concrete signs that cinema was making a comeback. Photo / Getty Images
Vista Group, the Auckland-based company that dominates the global market for movie theatre management software, reported big full-year revenue and profit hits today, as expected, sinking $58m into the red as revenue cratered.
Read More The company - once one of the few listed NZ technology companies flying high over the $1 billion market cap mark - was also one of those most exposed to the pandemic, and has lost some two-thirds of its value since the outbreak began.
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The Country - Shearing edition
Quick Read
The Country
Today on The Country, Rowena Duncum caught up with shearing legend Sir David Fagan, to talk about the cancellation of the Golden Shears for the first time in its 61-year history.
On with the show:
Sir David Fagan:
New Zealand s most famous shearer on the cancellation of the Golden Shears, plus a tribute to Ronnie Goss - a legend of the sport, gone too soon.
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Te Radar:
Today the Kiwi comedian and voice of the FMG Young Famer of the Year gave us an update on the Waikato/Bay of Plenty regional final, which luckily took place on Saturday - but what about the Otago/Southland final scheduled for this Saturday?
SINGAPORE, Mar 1 Singapore reported 12 new cases of Covid-19 today, all of which were imported. The cases had already been placed on stay-home notices or isolated upon arrival in Singapore, said the Ministry of Health (MOH) in a press release. The total number of Covid-19 cases in Singapore now.