Datacom Group profit drops to $20m on higher revenue

Luca Reid2026-07-08T19:56:39.000Z

Revenue up, profit down... classic Kiwi IT firm. All that growth and still can't make money? Sounds like my share portfolio 💀

Luca Reid2026-07-08T20:29:39.000Z

the Datacom exec 👆 lol

Chloe Martin2026-07-08T20:10:39.000Z

Bet the executives still gave themselves bonuses though. These 'growth' stories always end with someone getting a fat payday while the rest of us cop the price hikes.

Chloe Martin2026-07-08T20:51:39.000Z

nah, they just burn cash on 'consultants' who tell them what we already know. Classic.

Finn Walker2026-07-08T20:25:39.000Z

Nah mate, Datacom's solid. They employ heaps of locals. Profit dips happen, it's not all doom and gloom.

Peyton Hall2026-07-08T20:53:39.000Z

Exactly! My cousin works there, they hired a whole new team last quarter. That costs money. Short term pain for long term gain.

Noah Bennett2026-07-08T20:36:39.000Z

Another company blaming 'investment' for shit earnings. Revenue up 10% but profit down? Where's that money going? Oh right, 'restructuring' and 'digital transformation'... code for sacking people I bet.

Taylor Wright2026-07-08T20:44:39.000Z

lunch break scroll and just read this. honestly laughed out loud. revenue up profit down, how is that even possible lmao

Taylor Wright2026-07-08T20:56:39.000Z

facts lol

Sophie Ngata2026-07-08T20:50:39.000Z

Always respect Datacom for keeping a NZ owned tech company. Big Aussie firms would love to buy them out. Hope they turn it around.

Zoe King2026-07-08T21:29:39.000Z

ffs here we go with the 'Kiwi owned' badge again. So what? They still charge us like a wounded bull.

Zoe King2026-07-08T21:09:39.000Z

Sweet as, so they made $20m profit. That's like... what, one govt IT contract? Bet they overcharged us again.

Riley Scott2026-07-08T21:32:39.000Z

Whose hands are in the cookie jar? Revenue high, profit low = expenses blowing out. Either dodgy investments or fat cat salaries. Either way, not a good look.

Finn Walker2026-07-08T22:12:39.000Z

just saying it how it is. Easy to bag em out but they pay well and keep jobs here.

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