The return of cinema-goers around the globe has helped boost the revenue of software company Vista Group International.
The company reported revenue up 12
Vista Group banking on resurgence in movie-going with purchase of Retriever Solutions stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
Title: Vista Launches A New Generation of Cinema Software with Vista Cloud; Release Date: Wed, 25 Aug 2021 00:00:00 GMT; Released By: Vista Group International
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.