not so impressive in its near 2 year ASX listing. Also NZX listing with HQ there..
.maybe turning a corner, and getting ideas of growth beyond..
From 30 May results:
FY24 Strategy and outlook
In FY24, the Group will further invest in global growth. The Group will target organic opportunities, including US expansion among QSR and Sport & Entertainment customers as well as entering new geographies and industries.
To support our existing customers and further expand our growth, the TASK platform will continue to add to its ecosystem of services to deliver improved consumer experiences, drive operational efficiencies, and provide flexibility and customer choice. Plans to expand our global end-to-end platform offerings are in progress. including features such as capacity management, white label apps, and personalisation capabilities.
The Group will also continue to explore new lines of business, including the recently announced acquisition of software IP to support the development and commercialisation of TASK’s payments capability. These new capabilities will generate new revenue streams over the medium term, create value for our customers and open up new opportunities to expand our addressable market.
While cost management remains a core priority, TASK expects operating costs to grow in line with expansion of its client base and capabilities.
Daniel Houden, CEO of TASK, stated, “Our global end-to-end platform presents us with attractive organic opportunities globally and ensure that we continue to provide a world-class experience for our customers globally. Combined with further investment in our platform, people and new lines of business, we are confident that we can deliver strong profitable growth in the year ahead.”
Plans to migrate Incorporation of Company to Australia
Following the migration of its primary listing to the ASX in October last year, TASK announces it plans to migrate its incorporation to Australia and, in due course, delist from the NZX. Migration of the Company’s incorporation will simplify the corporate structure and administration of the Group and clarify the tax residency of the parent company. Furthermore, consolidation of the Group’s shares on the ASX will reduce listing costs and support increased liquidity.
