Australian Software Bubbled And Popped, NZ Mostly Popped And Asia Just Fizzled!
This article explores how software valuations in ANZ and Asia have fared differently compared to the US during the recent tech boom and bust.
The analysis reveals that Australia's listed tech sector has significantly outperformed the market since 2015, driven by companies like Afterpay (fintech) rather than pure SaaS players. New Zealand's tech sector mirrored Australia's growth but also its decline. Overall, ANZ software valuations contracted similarly to the US, despite lower absolute multiples.
For a deeper dive into the specific valuation trends in ANZ and Asian software sectors, including enterprise software and SaaS multiples, download the PDF. You'll also find insights into how these trends compare to the US market and what they might signal for the future.