August 21, 2014 6:31 AM ET

Software

Company Overview of MYOB Holdings Pty Limited

Company Overview

MYOB Holdings Pty Limited develops and publishes software for small and medium enterprises in Australia and New Zealand. The company operates through three divisions: Business, Accountants, and Enterprise. It offers MYOB online accounting software, PC accounting software, and Mac accounting software for Mac users to manage invoicing, expenses, GST, inventory, and payroll; retail and point of sale software to manage sales, stock, and customers in one system; Website and hosting solutions; and various add-on solutions. The company also provides MYOB EXO Business, an integrated financial and business management system that support finance, customer relationship management, job and project costi...

The Glen

Level 3

235 Springvale Road

Glen Waverley, VIC 3150

Australia

Founded in 1991

Phone:

61 3 9222 9888

Fax:

61 3 9222 9888

Key Executives for MYOB Holdings Pty Limited

Chairman and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Strategy Officer
General Counsel and Company Secretary
Compensation as of Fiscal Year 2014.

MYOB Holdings Pty Limited Key Developments

MYOB Extends SME Cloud Accounting Solutions with AccountRight Premier

MYOB has announced that AccountRight Premier is now available in the cloud. It’s a powerful and flexible online accounting solution for mid-sized, established businesses with complex accounting needs including inventory and payroll management. Formerly available as a desktop-only solution, AccountRight Premier provides the best of both worlds, allowing business owners and managers to work offline, online or both. This enables increased collaboration across their business and with their accountant or bookkeeper, creating a more value-rich partnership. MYOB AccountRight Premier is ideal for larger, established businesses – particularly those who work with the intricacies of separate administration teams, and those who require complex stock management. It’s highly-suited to inventory-based industries, such as manufacturing and wholesaling. The price for AccountRight Premier is $99 inc GST per month, with a 12-month minimum term.

MYOB Release MYOB EXO OnTheGo First Mobile Application for Mid-Sized Businesses

MYOB launched its first enterprise mobile business application, MYOB EXO OnTheGo, to provide clients’ sales staff with the information they need, when they need it – supporting great customer service. The latest innovation from MYOB - the app allows staff to securely access the on-premise EXO Business suite from wherever they are. This enables them to better manage the entire quote and order process, as well as debt collection and general account management, via ‘mobile moments’. MYOB EXO Business is a comprehensive management system for growing and mid-sized businesses. The MYOB EXO OnTheGo app empowers sales teams to quickly make and convey key decisions, optimising the order process and letting them focus on selling. EXO OnTheGo is a user-friendly app that is simple to download and set up. Data is safe and secure, with a password login and encrypted communication with the EXO Business system. Once set up, it offers a complete end-to-end order entry process on the go. Sales staff can create customers and contacts, enter and amend orders, even view inventory and item status in real time – all at the client’s door. Account managers can also keep on top of debt management, with features enabling them to view customer balances and outstanding invoices, as well as access invoice information and update notes about the customer Development roadmap. The app utilises the new MYOB EXO API, released in November 2013, enabling third party developers in MYOB’s ecosystem to easily integrate anywhere, anytime applications with MYOB EXO Business. MYOB EXO OnTheGo trial version is available to download now for iPad (iOS 7 and above) from the Apple App Store and is compatible with MYOB EXO Business version 8.3 or higher. Prospective clients can download the trial version on the Apple app store and contact an MYOB Enterprise Partner for the full version. Current clients can contact their MYOB Enterprise partner for the full version.

Myob Holdings Pty Limited Announces Earnings Results for the Year Ended December 31, 2013

MYOB Holdings Pty Limited announced earnings results for the year ended December 31, 2013. For the period, the company reported revenue of AUD 246.6 million compared to AUD 217.6 million for the same period a year ago. EBITDA was AUD 120.9 million compared to AUD 106.5 million for the same period a year ago. EBITDA was AUD 41.2 million compared to AUD 30.5 million for the same period a year ago. Loss before tax was AUD 18.8 million compared to AUD 22.0 million for the same period a year ago. Net profit after tax was AUD 14.1 million compared to AUD 14.8 million for the same period a year ago. Capital expenditure was AUD 17.9 million compared to AUD 12.5 million for the same period a year ago. Operating cash flows was AUD 99.5 million compared to AUD 89.2 million for the same period a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 6, 2014
Kounta, Pty Ltd.
Merger/Acquisition
May 20, 2014
Dovetail Pty Ltd.
 

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