Australia’s highest-valued private software companies are making big investments to position themselves for the artificial intelligence era, leading to signs of strain on their balance sheets.
Workplace software business Deputy’s after-tax profit dropped from $2.72 million last year to $1.15 million, according to accounts for the 2025 financial year lodged with the corporate regulator.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
