Blackpearl Group’s HY25 Results Announcement 📣 Key Highlights: ✅ ARR: $10.4M (+126% YoY) ✅ Gross Profit Margin: 73% (up from 67% YoY) ✅ ARR per Employee: $282k (+95% YoY) ✅ Subscription Revenue: $3.2M (+109% YoY) Our CEO, Nick Lissette, shared: “Speed is our competitive advantage. Surpassing $10 million ARR, growing 126% YoY, is a testament to the strong performance of Pearl Diver and its increasing average order value. We’ve also strengthened our balance sheet with $12.5 million in working capital, backed by leading investors. These achievements have paved the way for our next major leap.” CFO, Jean-Francois Arlove, added: "We’ve surpassed $10 million in ARR and are on track to reach our goals. The recent capital raise enables us to strategically invest in market expansion and further enhance Pearl Diver to capture more opportunities in the US SME sector." As we move into H2, our focus sharpens on: • Driving operational efficiency • Delivering product innovation • Unlocking new growth opportunities The journey to $20M ARR is well underway, and we thank our investors, team, and customers for being part of this exciting journey. 🔗 Read the full report here: https://bit.ly/3Or4rCH Nick Lissette Karen Cargill Jean-Francois Arlove Tori Colebourne Sam Daish Johnson Saju Laurissa Hollis Tim Crown Mark Osborne Hugo Fisher Jyllene Miller
Blackpearl Group
Software Development
Wellington, WGN 1,119 followers
The intersection of technology, data, and talent.
About us
Blackpearl Group (NZX:BPG) is a leading data technology company that pioneers AI-driven sales and marketing solutions across North America, Europe, Asia, and Australasia. Specifically engineered for small to medium-sized businesses (SMEs), BPG consistently delivers exceptional value to its customers. Our mantra is simple: 'Better Growth Together.' When our customers win, we win. Blackpearl Group’s proprietary private platform, the Pearl Engine, is the cornerstone of organic growth for both built and acquired technologies. Through leveraging elements or entire components from the Pearl Engine, companies within the Group can access new markets, increase their value proposition, and improve their cost-to-revenue ratio faster and at near zero marginal cost. Founded in 2012, Blackpearl Group is driven from Wellington, New Zealand, and Phoenix, Arizona.
- Website
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https://www.blackpearl.com
External link for Blackpearl Group
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Wellington, WGN
- Type
- Public Company
- Founded
- 2012
Locations
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Primary
60 Cuba Street
Wellington, WGN 6011, NZ
Employees at Blackpearl Group
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Richard Doone
Security Architect | Cloud | Security | Messaging & Collaboration
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Jyllene Miller
Acclaimed C- Suite Growth Executive | Board Member | Start Up, Mid-Market, Enterprise, and IPO experienced | GTM, Commercial Strategy, Sales…
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Alex Allan
"Building Futures For All"
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Kent Leong
Principal owner at BlackPearl Group
Updates
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Blackpearl Group reposted this
ICYMI! Blackpearl Group has surpassed $10M in Annual Recurring Revenue (ARR) – a 126% year-on-year growth. Chief Financial Officer Karen Cargill says, "This achievement is a testament to our innovative AI-driven solutions and go-to-market strategy." 🚀 🔗 https://bit.ly/3BvQCzG Nick Lissette, Karen Cargill, Sam Daish, Tori Colebourne, Johnson Saju, Laurissa Hollis, Tim Crown, Hugo Fisher, Mark Osborne, Jyllene Miller
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Blackpearl Group's Q2 FY25 Results Announcement 🚀 Key Highlights: ✅ ARR: $10.4M (+126% YoY, +22% QoQ) ✅ Subscription Revenue: $1.7M (+86% YoY, +14% QoQ) ✅ Gross Profit Margin: 73% (up from 70% in Q2 FY24) ✅ ARR per Employee: $282k (+95% YoY) Our CEO, Nick Lissette, shared: "Success fuels acceleration. Our next goal? $20M ARR within the next 12-18 months. With strong investment support and impressive growth metrics, we’re ready for the next phase." CFO, Karen Cargill, added: "Reaching $10M in ARR underscores the strength of our SaaS model. With increased recurring revenue and additional capital, we’re set to invest in growth and innovation." As we move into Q3, we’re focused on operational efficiency, product innovation, and unlocking new growth opportunities. The journey to $20M ARR is well underway. Thank you for being part of it! 🔗: https://shorturl.at/t1D2w Nick Lissette Karen Cargill Tori Colebourne Sam Daish Johnson Saju Laurissa Hollis Tim Crown Mark Osborne Hugo Fisher Jyllene Miller
Q2 FY25 Results Announcement - Blackpearl Group
https://www.blackpearl.com
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Blackpearl Group is excited to announce the appointment of Jean-Francois Arlove as our new Chief Financial Officer, and the promotion of Karen Cargill to Chief Governance Officer. This strategic move comes on the back of a successful $10 million capital raise and the achievement of $10.4 million in annual recurring revenue. As we continue to experience rapid growth, these leadership appointments will help us strengthen our foundation and scale further. Jean-Francois brings a wealth of experience in financial leadership and a data-driven approach to support our next phase of expansion. Meanwhile, Karen’s shift to focus on governance will ensure Blackpearl Group continues to lead with strong oversight and compliance. Nick Lissette Karen Cargill Tori Colebourne Jean-Francois Arlove Sam Daish Johnson Saju Tim Crown Hugo Fisher Jyllene Miller Mark Osborne Reseller News: https://bit.ly/40256kX Scoop: https://bit.ly/4eCzu9U CFO News: https://bit.ly/3NiesRU
Blackpearl Group recruits new CFO, adds chief governance officer role
https://www.reseller.co.nz
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Blackpearl Group welcomes Jyllene Miller to the Board! With 25+ years of experience driving growth for mid-market and Fortune 500 companies, Jyl is set to strengthen our expansion efforts into the US SME markets. Just last week, we celebrated reaching NZ$10.4 million in Annual Recurring Revenue (ARR) and completing a NZ$10 million capital raise. Jyl’s expertise in global go-to-market strategies will be instrumental in building high-performing teams and accelerating our growth. Fox News: https://bit.ly/3U3vZB9 Nick Lissette Karen Cargill Tori Colebourne Sam Daish Johnson Saju Tim Crown Hugo Fisher Mark Osborne Jyllene Miller
Fox News | Blackpearl Group welcomes proven growth leader to Board
fox40.com
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Blackpearl Group has successfully oversubscribed its off-market capital raise by an additional $2.5M, bringing the total to $10.5M. This marks another step in our growth journey, with a share purchase plan still open to investors. Check out the full details on BusinessDesk NZ: https://bit.ly/4evTmf7 Nick Lissette Karen Cargill Sam Daish Tori Colebourne Johnson Saju Laurissa Hollis Tim Crown Mark Osborne Hugo Fisher Jyllene Miller Ben Moore 👏🏼
Blackpearl Group oversubscribes raise by $2.5m
businessdesk.co.nz
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ICYMI! Blackpearl Group has surpassed $10M in Annual Recurring Revenue (ARR) – a 126% year-on-year growth. Chief Financial Officer Karen Cargill says, "This achievement is a testament to our innovative AI-driven solutions and go-to-market strategy." 🚀 🔗 https://bit.ly/3BvQCzG Nick Lissette, Karen Cargill, Sam Daish, Tori Colebourne, Johnson Saju, Laurissa Hollis, Tim Crown, Hugo Fisher, Mark Osborne, Jyllene Miller
Blackpearl reports $10.4m ARR, raises $10m funding
cfotech.co.nz
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Big Milestone Alert! 🚀 Blackpearl Group has surpassed $10M in Annual Recurring Revenue (ARR) – a 126% year-on-year growth. But we’re not stopping there. To support our next phase of growth, we’re launching a $10M capital raising, with an opportunity for both existing and new investors to join us on this exciting journey. "While others may bunker down, we don’t mind a little wind," says our CEO, Nick Lissette. 🔗 https://bit.ly/3BvQCzG Nick Lissette, Karen Cargill, Sam Daish, Tori Colebourne, Johnson Saju, Laurissa Hollis, Tim Crown, Hugo Fisher, Mark Osborne, Jyllene Miller
Black Pearl Group reaches $10m ARR, launches $10m cap raise - NBR | The Authority since 1970
nbr.co.nz
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We're hiring! Join the fastest-growing tech company on the NZX: Client Service Associate - Auckland Technical Solutions Engineer - Wellington Product Designer - Wellington Data Scientist - Wellington If you thrive in a dynamic environment and are passionate about driving innovation, we want to hear from you! Apply now and help us deliver exceptional value to our customers, because when they win, we win! 👉 Apply here: https://bit.ly/3XWfolg
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Our CEO, Nick Lissette, recently joined the NZX Limited podcast with Joe Redpath to discuss Blackpearl Group's growth over the past year and our exciting plans for the next 12 months and beyond. Tune in for the full conversation here ⬇️ Spotify: https://lnkd.in/gZbn9NYy Apple: https://apple.co/4e9256f NZX: https://lnkd.in/gk5a9Uvy
Growing a NZ tech company in a US market - Blackpearl's Nick Lissette
podcasts.apple.com