Latest It Services News

MA Financial Group has reported a surge in assets under management and loan book growth alongside a major $525 million property acquisition, signaling robust momentum across its financial services divisions.

Astral Resources reports robust assay results from its Theia Deposit in-fill drilling program, reinforcing the potential for a profitable starter pit at its Mandilla Gold Project. Ongoing diamond drilling and regional exploration at Feysville aim to further unlock value.

Insurance Australia Group (IAG) reported strong FY25 results and upgraded its FY26 guidance, reflecting the completed RACQ acquisition and ongoing strategic growth initiatives.

Insignia Financial reported a 3.1% rise in Funds Under Management and Administration to $340.5 billion, driven by strong net inflows into its Wrap platform and strategic enhancements to its MLC offerings. The company also completed a key custody transition and unveiled a refreshed MLC brand campaign.

Brambles Limited reported robust FY25 financial results and sustainability achievements, highlighting a $1 billion free cash flow milestone and ambitious 2030 regenerative targets at its 2025 AGM.

Australian Clinical Labs has announced a 12-month on-market share buy-back program targeting up to 10% of its shares, aiming to enhance shareholder returns without compromising its financial strength.

Rent.com.au reports a surge in recurring revenues driven by strong RentBond® loan growth, doubling monthly revenue run rates and advancing towards profitability.

Bellevue Gold Limited reported robust cash flow for the September quarter, enabling a substantial early repayment on its project loan and maintaining a strong cash position.

Deep Yellow Limited reported a $10.6 million operating cash outflow for the September quarter but maintains a robust cash position with over $203 million on hand, supporting an estimated 14 quarters of funding.

Heartland Group Holdings reported a solid first quarter for FY2026, with improved profitability, stable costs, and accelerated realisation of non-strategic assets surpassing expectations.

WAM Strategic Value Limited has confirmed a fully franked final dividend of AUD 0.03 per share for the financial year ending June 2025, alongside an updated Dividend Reinvestment Plan price.

Acumentis Group Limited reported a robust FY25 with a 35% jump in operating profit, driven by strategic diversification and operational efficiency. The company is optimistic about FY26, anticipating economic improvements and new growth avenues.