Acer Computer Australia has reported an after-tax profit for a third consecutive financial year due to a significant uptick in its sale of hardware goods, with a AU$2.7 million gain.
For the year to December 31, 2018, Acer Australia's revenue increased to AU$307.5 million from AU$298 million in the year prior, up 3% year on year.
The almost AU$10 million increase in revenue was in large part thanks to the company's strong sale of hardware goods which totalled AU$278 million, AU$15 million more than last year. The remaining revenue of AU$39.8 million came from its provision of related services.
Acer Computer Australia's cost of sales also went increased from AU$280 million in FY17 to AU$289 million this year.
By the close of 2018, Acer Computer Australia spent AU$11.6 million on selling and distribution expenses, a slight increase from the AU$10.6 million reported in the previous year. It also spent AU$4.1 million on general and administrative expenses, which was slightly more than the AU$4 million it incurred in the 2017 financial year.
Acer Computer Australia's profit before tax was AU$3.9 million, compared to AU$3.1 million a year ago, and the company paid AU$900,000 less in income tax by handing over AU$1.2 million.
Its Taiwanese parent company Acer Inc, which released its FY18 results in March, experienced a similar upward growth progression. Acer made NT$242.3 billion in revenue, which was NT$5 billion more than the year prior, up 2% year on year.
Acer Inc also more than doubled its after tax profit, from NT$1.1 billion to NT$2.7 billion.
Expediture-wise, Acer Inc spent NT$2.6 billion on research and development, NT$15.2 billion on selling expenses, and NT$4.5 billion on administrative expenses.
During Acer's annual global media event in New York City a fortnight ago, the company announced new Chromebook laptops for education and the enterprise, as well as new gaming laptops in its Nitro and Predator lines.
If you're looking for an affordable workhorse laptop that can handle web browsing and Microsoft Office all day long, the convertible Chromebook Spin 13 has a lot to offer.
The company's beefy new notebooks may be understated compared to their gaming-focused cousins, but could still use further refinement.
Both the 14-inch Chromebook 714 and the 15.6-inch Chromebook 715 will feature full HD displays, integrated fingerprint readers, and eighth-generation Intel Core processor options when they arrive in July.
It uses laptops to collect data on students' hand gestures, eye movements through webcams, as well as mouse, keyboard, and digital pen movements to better understand the link between behaviour patterns and learning outcomes.
The Windows 10 device has a compact design with a 92% screen-to-body ratio.