Latest Automation News

Corporate Travel Management delivered robust first-half results led by ANZ and North America, while previewing ambitious FY26 targets to double EPS within five years.

Corporate Travel Management Limited (CTM) reported a 42% drop in net profit for the half-year ended December 2024, amid a 6% revenue decline. Despite this, strong performances in North America and Australia & New Zealand, alongside ongoing automation and new client wins, position CTM for a rebound in the second half.

Enlitic has announced a strategic collaboration with GE HealthCare to deploy AI-driven technology that will transform the migration of medical imaging data, promising faster, more secure transitions and enhanced data quality for healthcare providers worldwide.

HUB24 has delivered a robust half-year performance for 1HFY25, marked by significant revenue growth, record net inflows, and expanding adviser engagement, reinforcing its leadership in Australia’s wealth management technology sector.

HUB24 has delivered a standout first half of FY25, posting record platform net inflows of $9.5 billion and a 40% rise in underlying net profit, reinforcing its position as a market leader in Australia’s wealth management sector.

HUB24 has reported a robust first half FY25 with a 41% jump in underlying EBITDA and upgraded its FY26 platform funds under administration target, underscoring its accelerating market momentum.

Maximus Resources Limited has issued a Target's Statement recommending shareholders accept Astral Resources NL's off-market takeover bid, which offers a significant premium and improved liquidity. The offer, valuing Maximus shares at approximately $0.073 each, aims to consolidate gold assets in Western Australia under Astral's larger portfolio.

Althea Group Holdings has raised $4 million through a share and loan note placement to boost its THC beverage production and infrastructure across North America, targeting rapid growth in the U.S. and Canada.

FBR Limited’s exclusive joint venture option with CRH Ventures for its Wall as a Service® offering in the US has expired without exercise, freeing the company to pursue independent financing and partnerships across key American markets.

Bendigo and Adelaide Bank's half-year results for 1H25 reveal a modest decline in cash earnings due to inflationary pressures and increased investment spend, balanced by robust customer growth and digital innovation.

Freightways Group Limited reported solid HY25 results with a 6.7% revenue increase and 9.5% rise in net profit despite ongoing economic headwinds in New Zealand. The company’s strategic investments in automation and market share gains underpin its cautious optimism for FY25.

Artrya Limited has launched a A$15 million capital raising to fund the development and commercial rollout of its Salix AI-powered coronary artery disease diagnostic platform, targeting the lucrative US healthcare market.