Latest It Services News

Clime Capital Limited reported a 29% drop in net profit for FY25 but maintained its quarterly dividends and rolled over convertible notes with enhanced terms. The company is pivoting towards a debt-focused portfolio to boost income stability.

The Australian Wealth Advisors Group Ltd (AWAG) reported a 13% revenue increase and a $1.2 million profit before tax in FY2025, driven by strategic Equity Partnership Scheme investments and a strong funds under management base.

The Australian Wealth Advisors Group Ltd (AWAG) reported a $1.18 million net profit before tax in its first full year as an ASX-listed company, reversing a prior loss and growing revenue by 13%. The company expanded its funds under management and equity investments, positioning itself for further industry consolidation.

Imperial Pacific Limited has announced a fully franked ordinary dividend of AUD 0.07 per share for the fiscal year ending June 2025, alongside a Dividend Reinvestment Plan to offer shareholders flexible options.

Asset Vision reported robust FY25 results with significant revenue and cash flow growth, achieving a debt-free status while advancing its AI-powered asset management platform.

WAM Microcap Limited has outperformed the ASX Small Ordinaries Index for the eighth consecutive year, posting an 18.8% portfolio gain and raising its fully franked dividend to 10.6 cents per share.

MIXI Australia has firmly rejected betr’s all-scrip takeover offer for PointsBet, preventing betr from gaining majority control and forcing a stalemate in the takeover battle.

GR Engineering Services Limited has announced a fully franked ordinary dividend of AUD 0.12 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount.

Butn Limited has reported record revenue growth and its first positive operating cash flow for FY25, alongside securing a substantial $100 million funding facility to fuel future expansion.

WAM Microcap Limited reported a robust 27% increase in net profit for FY2025, driven by strong portfolio returns and sustained dividend payments. The company’s investment strategy continues to outperform the market, underpinning an optimistic outlook for micro-cap equities.

Abacus Group delivered a strong FY25 result with a significant profit increase and steady distributions, underpinned by resilient office and retail portfolios and a strategic focus on capital partnering.

Platinum Asia Investments Limited has finalized its special dividend payment, confirming an amount of AUD 0.2011 per share with a high franking percentage. The dividend is set for payment in September following court approval of its scheme of arrangement.