Task Group Holdings
Task Group Holdings founded in 2010, is a New Zealand company listed on the Australian Securities Exchange (ASX:TSK).
The company comprises Plexure and Task Retail Pty Limited and specializes in cloud-based transactional management and mobile customer engagement solutions primarily for the hospitality sector.[1]
Overview
Operating in Australia, New Zealand, and the US[2], TASK Group Holdings focuses on providing transaction management solutions to the hospitality industry, aiming to personalize and enhance consumer transactions globally. [3]
In 2021, the company underwent a significant merger with Plexure, a customer engagement platform, consolidating both businesses under a single brand, with Plexure[4] becoming a subsidiary of TASK Group Holdings. Notably, the company's roster includes McDonald's, a prominent stakeholder.[5] [6]
Financial Report
TASK Group Holdings Ltd has demonstrated robust growth, as evident from its 2023 Annual Report.
The report highlights an impressive 99% year-on-year growth in group revenue and a remarkable 192% year-on-year growth in adjusted EBITDA since the merger.
Leadership
The Group CEO, Daniel Houden, has been with TASK for over 20 years, since the time the company was operating from a garage
Future Outlook
Positioned in a stable and strong position, TASK Group Holdings Ltd has been excelling, surpassing expectations, investing in staff, and experiencing growth in customers and revenue, despite a challenging landscape in the tech industry where others may be retracting.
References
- ↑ "Task Software". https://tasksoftware.com/about-us/our-story.
- ↑ "Task Software". https://www2.asx.com.au/markets/company/tsk.
- ↑ "Task Software". https://tasksoftware.com/about-us/our-story.
- ↑ "Task Software". https://businessdesk.co.nz/company/plexure-group.
- ↑ "NZ Herald". https://www.nzherald.co.nz/business/task-completes-reverse-takeover-of-plexure-shifts-primary-listing-to-asx/CWEWMBULRMKPLW3JYLRTBJ3EOQ/.
- ↑ "Task Software". https://tasksoftware.com.au/news/tank.
