FutureFive New Zealand - Consumer technology news & reviews from the future

Capital raising stories - Page 16

Geoop widens loss

GeoOp widens annual loss as it chases US customers

Thu, 11th Jun 2015
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GeoOp, the workforce management app, widened its annual loss as it invests in product development and adding new customers.
Orion health

Orion Health reports $61M full-year loss, beats prospectus on recurring revenue

Tue, 26th May 2015
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partner programmes
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healthtech
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orion health
Healthcare system software developer Orion Health reported a $60.8 million loss in line with its strategy to grow revenues before becoming profitable.
Safe image

Pushpay to raise $13.8 million from shareholders

Thu, 23rd Apr 2015
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payment technologies
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sales
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pushpay
NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.
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Crowdfunding a success as Pledgeme sees $5 million pledged

Thu, 16th Apr 2015
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pledgeme
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funding
Kiwi crowdfunding triumph: PledgeMe celebrates $5m milestone with recent SellShed and Pineapple Heads campaigns.
Money 1

Scott Technology first-half profit rises 40% as acquisitions drive revenue growth

Tue, 14th Apr 2015
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scott technology
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capital raising
Scott Technology, the industrial automation firm, posted a 40 percent gain in first-half profit as sales from recent acquisitions helped drive revenue.
Innovation bulb

NZ Budget to pump $20M a year into Callaghan Innovation grants

Tue, 14th Apr 2015
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government
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callaghan innovation
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r&d
The government will pump an extra $20 million a year into the research and development Growth Grants programme, one of three types of grant administer.
Auckland

Springpark developer Gapes liquidates 'unused entity' as part of tidy-up

Mon, 13th Apr 2015
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construction
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investment
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funding
Tony Gapes, the developer building Springpark, which is among Auckland's largest residential projects, has liquidated one of his investment vehicles,.
Metservice brand

MetService expects FY earnings to drop on delay in inking new MoT contract

Thu, 26th Mar 2015
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metservice
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investment
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ministry of transport
Meteorological Service of New Zealand, the state-owned weather bureau, says annual earnings will be $2 million less than estimated because of delays f.
Ministry of primary industries generic n2

Auditor-General's PGP report 'too polite' says Labour's O'Connor

Thu, 12th Mar 2015
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government
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transparency
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ministry of primary industries
The Auditor-General's review of the government's $680 million primary growth partnership has come under scrutiny from the select committee which commi.
Approved

Callaghan quizzed by MPs over 'failures,' grants to foreign companies

Thu, 12th Mar 2015
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government
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callaghan innovation
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grants
Callaghan Innovation, the government backed innovation hub, faced questions this week from opposition MPs about why it had funded companies that subse.
Revenue forecast

Serko says full-year revenue to miss forecast, warns on 2016 sales

Mon, 9th Mar 2015
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serko
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ipo
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shares
Serko, the online online travel booking business, warned annual revenue will miss its prospectus forecast by up to 6 percent as some billable services.
Bldgwellington drive 13 william pickering 001

Wellington Drive widens annual loss, NZX's SuperLife underwrites $3m share issue

Mon, 2nd Mar 2015
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nzx
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sales
Wellington Drive Technologies, the unprofitable manufacturer of energy efficient motors, widened its annual loss as sales dropped 35 percent.
Fallback

SkyCity's big spending plans may not deliver enough to earnings, investors say

Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
Fallback

UPDATE: Stalled EQC policy review leaves global reinsurers uncertain over NZ market

Wed, 4th Feb 2015
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earthquake commission
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security vulnerabilities
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funding
The government review of the Earthquake Commission's funding and policy structures is leaving global reinsurers uncertain as they try to assess the.
Fallback

Local Government NZ suggests new taxes, central govt support could bridge spending gap

Mon, 2nd Feb 2015
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partner programmes
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local government
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world bank
New Zealand's 78 local government organisations could close the gap between spending and revenue with new taxes or a share of existing central gove.
Insider trading

VMob hastens to squash rumours of insider trading

Mon, 2nd Feb 2015
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risk & compliance
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vmob
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financial markets authority
VMob Group has released a statement acknowledging the market speculation regarding certain VMob directors and insider trading.
Fallback

Martin Jetpack reviews ASX listing as Chinese investor commits A$50M

Fri, 19th Dec 2014
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surveillance
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callaghan innovation
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ipo
New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public.
Fallback

Auckland convention centre cost jumps by a fifth

Fri, 19th Dec 2014
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government
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shares
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skycity
SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 mi.
Fallback

Whey protein inquiry calls for tighter rules after missteps lead to botulism scare

Tue, 9th Dec 2014
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risk & compliance
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funding
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food safety
Stage two of a government inquiry into Fonterra Cooperative Group's whey protein contamination scare has recommended the Ministry for Primary Indus.
Fallback

NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake

Tue, 9th Dec 2014
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investment
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capital raising
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revenue
The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.