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Blackpearl’s ARR surge faces its cash conversion test
8:02am on Friday 11th of September, 2026 AEST
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Technology
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Blackpearl’s ARR surge faces its cash conversion test
8:02am on Friday 11th of September, 2026 AEST
Key Points
ARR rises 114% to NZ$26.8 million
Operating cash outflow reaches NZ$17.2 million
Auditor flags material going concern uncertainty
Pearl Engine benchmark reports 25x output advantage
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