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TechVoyage Database

All Listed Software Companies

MYOB

ASX:MYO

Share Price:

MYOB Group Ltd provides online business management solutions. It has three core segments - Clients and Partners (for SME's and advisers), Enterprise Solutions and Payment Solutions

CEO

Tim Reed

Chairman

Justin Milne

Key Drivers

Highest margins in the sector due to scale and loyalty of user base

The revenue and earnings multiples are very high

Growth outlook is modest because of the domestic focus and high market share

Description

MYOB is a suite of accounting software designed for SMEs and self-employed individuals. It provides online payroll, bills and payments management has features such as Invoice On The Go, Pay Super and MYOB Essentials which provides for cash flow management and tax planning and cloud-based collaboration with bookeepers. MYOB has almost 600,000 subscribers, and 250,000 online subscribers.

Company Data

Key Ratios