Latest It Services News

ALS Limited reported a robust FY25 with $3 billion revenue driven by Life Sciences growth and resilient Commodities, announcing a $350 million equity raise to fund strategic expansion.

Straker Ltd has reported a record adjusted EBITDA of NZ$4.8 million for FY25, driven by strong growth in AI subscription services and operational efficiencies, even as overall revenue declined 10.3%. The company’s strategic pivot towards AI-powered offerings signals a promising shift in its business model.

Straker Limited’s FY2025 results reveal a modest revenue decline alongside a dramatic reduction in net losses, signaling a potential turning point for the translation services provider.

ALS Limited reported a 16% revenue increase to nearly $3 billion in FY2025, driven by acquisitions and organic growth, while underlying net profit after tax dipped slightly. The company announced a $350 million equity raise to fund expansion and sustainability initiatives.

Wisr Limited has inked a $267 million loan funding warehouse facility led by Barclays, boosting its capacity to expand personal and secured vehicle loans. This move enhances Wisr’s funding flexibility and cost efficiency as it pursues aggressive growth.

Telstra Group Limited has unveiled its Connected Future 30 Strategy, setting a long-term roadmap for the telecommunications giant's evolution over the next three decades.

VanEck Investments Limited has announced the indicative timetable for dividend payments across a suite of its exchange traded funds, alongside details of its dividend reinvestment plan.

OncoSil Medical has launched a $8.7 million capital raising via a Share Purchase Plan and Placement, seeking shareholder approval for options issuance and a 400:1 share consolidation.

Straker Limited reveals Nike will not renew its services contract, impacting a notable portion of its revenue and earnings in the upcoming fiscal year.

Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.

Veris Limited has secured over $2 million in new digital project contracts, reinforcing its leadership in spatial data consulting across energy, transport, and government sectors. These wins highlight the company’s innovative use of proprietary platforms and advanced data capture technologies.

Wiseway Group has reported a striking 60% revenue increase to $148 million for the ten months ended April 2025, driven by strategic growth in inbound eCommerce and expanding international freight operations.