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Executive Series: MYOB Group (MYO) CEO, Tim Reed
In this short video we discuss:
• Highlights for HY18 with solid financial results, strong operational performance as online subscribers increase by 61% year on year and the reasoning behind a guidance of one million subscribers in 2020.
• The planned acquisition of Reckon Group which did not go through, including MYO’s flexibility in taking up a different direction, which led to a concentration on the organic growth of the business.
• The two year period of accelerated investment that leverages online subscriber growth, which will focus on a $50m MYOB Platform acceleration and a $30m Sales and Marketing investment.
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To view more Executive Series interviews, visit:https://www.commsec.com.au/market-news/executive-series