Latest It Services News

NoviqTech Limited has launched Fuel Central for sustainable fuels traceability and established Quantum Intelligence Pty Ltd to advance quantum computing and AI applications, backed by a $1.08 million placement. The company also refreshed its board and expanded its international footprint.

Linius Technologies has implemented a sweeping operational restructure, cutting expenses by more than 60% compared to FY25, while progressing a pivotal proof of concept with a major European football league and securing over $3.7 million in new funding.

Saunders International anticipates a weaker first half in FY26 amid ongoing operational challenges but gains momentum with major contracts and strategic expansion into New South Wales.

RBR Group Limited is positioning itself for expansion with over US$35 million in tenders amid the restart of Mozambique's LNG mega projects following the lifting of Force Majeure by Total Energies.

Vulcan Steel reported a sharp profit decline in FY25 amid tough market conditions but strengthened its balance sheet and expanded into roofing with a major acquisition. Leadership changes set the stage for renewed growth.

HALO Technologies reports a 17% rise in quarterly revenue, driven by a surge in brokerage income and a strategic launch of Managed Funds in Australia, supported by a recent $3.9 million rights issue.

HITIQ Ltd has secured a landmark order for its PROTEQT™ mouthguards at the Winter Olympics and launched in the UK consumer market, while advancing global validation and raising over A$2 million in capital.

Income Asset Management has issued 34 million new equity-linked securities to key staff, potentially diluting shares by 3.7%, aiming to better align employee rewards with shareholder value.

WOTSO launched a new Sydney CBD flexspace site in Q1 FY26, driving 5% revenue growth and lifting occupancy to 80%. Ancillary services, especially virtual offices, continue to expand, underpinning the company’s diversified growth strategy.

Mad Paws Holdings reported a robust September quarter with 14% revenue growth and a successful divestment of Pet Chemist, while advancing its acquisition scheme with Rover Group.

Rivco Australia Limited reported a steady quarterly performance with NAV growth and declared its 17th consecutive increasing dividend, while progressing its strategic internalisation.

DigitalX Limited has accelerated its Bitcoin-first treasury strategy with a $20.7 million capital raise, nearly doubling its Bitcoin holdings to over 500 BTC and unveiling an ambitious plan to reach 2,100 BTC by 2027.