Empired boasts $174 million revenue in FY2018
IT services management company Empired is predicted to see a four per cent revenue bump for the 2018 financial year, reaching a total of $174 million.
IT services management company Empired is predicted to see a four per cent revenue bump for the 2018 financial year, reaching a total of $174 million. ARN reports the company achieved 12 per cent revenue growth within Australian, hitting $117 million for the year ending 30 June. Its fortunes in New Zealand however, were less impressive, with revenue reportedly down 11 per cent, at $57 million. The company’s unaudited Financial Year 2018 results also show a one-third reduction of net debt, from $13.8 million at the end of the 2017/2018 Financial Year to a current net debt of $9.3 million. "With the recovery in New Zealand well underway and our Australian operations performing strongly we have set ourselves up for a watershed 2019 year,” Empired managing director Russell Baskerville said. “We remain steadfast on our goal of being the leading digital solutions provider of choice across A/NZ.” Empired introduced its Business Leadership Group last year, incorporating collective operational management across its multiple global units by undertaking a review of its management structure and operating model. To further growth, the firm plans to build upon investments in intellectual property through managed services, mobile, and cloud applications. "We are confident that our strategy, centred around industry aligned solutions [and] supported by software IP and technology specialists, will differentiate our solutions, enabling Empired to capture market share as enterprises rapidly embrace digital transformation,” Baskerville added. The Empired Group was recently appointed to the 2018/2019 Microsoft Dynamics Inner Circle, which recognises the top 1 per cent of Dynamics partners worldwide. Membership to the Microsoft Dynamics group is based on sales achievements and ongoing commitments to digital transformation, with members including audit firm KPMG and software company Sable37. “It is an incredibly exciting time in the world of Microsoft Dynamics, not to mention right across the Microsoft ecosystem, and we’re honoured to be a partner on this journey,” said Empired Group COO and Intergen CEO Simon Bright.