NZ's Black Pearl Group climbs to one-month high on strong annual revenue

Black Pearl

28/05/2026 24:42

** Shares of New Zealand's Black Pearl Group BPG.NZ rise as much as 8.3% to NZ$0.85, their highest level since April 23
** Stock set for fifth consecutive session of gains, if current trend holds
** The data tech firm posts FY26 annual recurring revenue (ARR) of NZ$26.8 million ($15.81 million), up from NZ$12.5 million last year
** Says results supported by the rapid scaling of Data-as-a-Service (Daas), service that delivers on-demand data access and management to users
** Despite moves, stock down 13.2%, YTD

($1 = 1.6952 New Zealand dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))