Latest It Services News

Biome Australia Limited has reported a 69% increase in international sales revenue for FY25, reaching $1.5 million, driven by new strategic distribution agreements across Ireland, New Zealand, and Canada.

HUB24 Limited has reported a record $19.8 billion in net inflows for FY25, driven by strong platform growth and significant migrations from Equity Trustees. The company also launched an innovative high net worth solution, reinforcing its market leadership.

Atturra Limited reports FY25 underlying EBITDA exceeding $31 million and revenue topping $300 million, setting the stage for a strong growth outlook in FY26 driven by acquisitions and product expansion.

Activeport Group Ltd reports a robust 31% increase in SaaS revenue and a 26% rise in software licensing in Q4 FY25, driving total revenue growth and securing major telecom contracts ahead of FY26.

Pivotal Metals has launched a new exploration program at its Belleterre-Angliers Greenstone Belt projects in Quebec, aiming to uncover high-grade copper-nickel-platinum group metal deposits using advanced geophysical techniques and AI analysis.

NEXION Group Ltd has issued 700,000 convertible notes to raise $70,000, supporting costs for a proposed acquisition. The notes carry a 10% interest rate and may convert to shares pending shareholder approval.

Qualitas Real Estate Income Fund (QRI) has announced a distribution of 1.0664 cents per unit for June 2025, translating to an annualised return of 8.11% based on net tangible assets. The fund continues to focus on Australian real estate loans secured by mortgages.

G8 Education faces ASX scrutiny over its handling of sensitive information about a former employee, with the regulator questioning the company’s disclosure practices despite GEM’s insistence of compliance.

Scalare Partners is set to acquire Tank Stream Labs, a leading flexible workspace provider for tech companies, in a $5.5 million deal that deepens its engagement with early-stage technology startups. The acquisition, pending shareholder approval, aims to broaden Scalare’s service offerings and accelerate growth within Australia’s tech ecosystem.

Bowen Coking Coal Limited (BCB) has responded to ASX inquiries about its liquidity challenges, working capital needs from transitioning to an owner-operator model, and deteriorating operating margins, affirming compliance and financial viability despite market pressures.

West Wits Mining appoints CEO Rudi Deysel as Managing Director and adds Keith Middleton as non-executive director, while veteran board member Hulme Scholes retires after 14 years. These changes come as the company transitions into operational gold production at its Qala Shallows project in South Africa.

Otto Energy has announced the resignation of its Acting CEO, Phil Trajanovich, after a year in the role. The board is now actively seeking a permanent replacement to lead the company forward.