Company Interview / Blackpearl sees strong demand for ASX move

Nick Lissette, CEO of Blackpearl Group (NZX:BPG) highlights the company’s recent growth, spotlighting the expansion of its shareholder register with esteemed Australian investors including WAM, Alison Capital, and Surety. Lissette states this broader shareholder base aligns with Blackpearl’s ambitions as a data technology firm delivering AI-powered software as a service to small and medium-sized businesses in the United States. He discussed the depth of Blackpearl’s AI expertise, referencing key senior talent from leading tech companies, and asserts that the company’s distinguishing strength is its focus on true AI that directly helps clients cost-effectively acquire new customers.

Lissette outlines Blackpearl Group’s unique international footprint, noting that while headquartered in New Zealand, the business has quickly gained traction in the American market—a challenge for many Kiwi companies. Strategic relationships, such as with Tim Crowne of Insight Enterprises (NASDAQ:NSIT), and ex-directors of Google and Microsoft, have been critical in achieving US growth and success.

Financially, Lissette reports quarter-on-quarter increases in annual recurring revenue, with recent results jumping from $14 million to $17.5 million following the acquisition of B2B Rocket. He sees the upcoming ASX listing (ASX:BPG) as a natural progression given Australia’s appetite for AI and high-growth tech firms, and looks forward to engaging further with Australian investors.