Net profit
At the conclusion of the 2018/2019 NZ Financial Year, Datacom reported revenue of NZ$1.29bn, an improvement of 17% like for like over FY18. Datacom Group has adopted the NZ IFRS 15 accounting standard that has a material impact on the Group’s accounting policy but the company has not restated FY18 figures. Net profit after tax was NZ$42.02m.