Latest Cloud Software News

Victor Group Holdings reported modest revenue growth in FY2025, but its audited loss widened to A$9.33 million after major impairments and higher amortisation. The cloud software company also disclosed a material uncertainty over its ability to continue as a going concern.

CONNEQT Health has lodged an FDA Pre-Submission for SphygmoCor Cloud, aiming to shift its arterial health analytics from hardware to a scalable software platform with broad commercial potential.

FirstWave Cloud Technology has affirmed its compliance with ASX rules following an inquiry into the timing of its $1.85 million Services Australia software licence announcement, confirming the information was material and promptly disclosed.

Vista Group International has inked a six-year contract to transition Cinépolis Mexico, the world’s largest cinema circuit by attendance, to its Vista Cloud Operational Excellence platform starting in 2026.

X2M Connect accelerated revenue growth in Q3 FY26 with a 67% increase, driven by strong demand in South Korea and new Australian smart community deals. The company’s capital raise and expanding customer base underpin its push into new markets despite ongoing cash burn.

Singular Health has submitted a 510(k) premarket notification to the FDA for its enhanced 3DICOM MD Cloud platform, aiming to expand imaging capabilities and introduce a scalable, cloud-native solution for medical image management.

Gentrack Group reported robust FY25 results with an 8% revenue rise to NZ$230.2m and a 119% jump in net profit, driven by strong growth in utilities and airports segments alongside strategic investments in its new cloud platform and global expansion.

FirstWave Cloud Technology has locked in a $2.5 million loan facility to accelerate its AI growth strategy and repay existing debt, complementing a recent $2.85 million equity raise.

FirstWave Cloud Technology has secured $2.85 million in a capital raise to fuel its pivot towards AI-powered compliance management and expand its global footprint, following a successful operational turnaround.

Urbanise.com Limited reported a 4.2% revenue increase and a 77% improvement in adjusted EBITDA loss for FY2025, driven by new contracts and a key partnership with NAB. The company ended the year cash flow positive with a strong balance sheet, setting the stage for a transformative product launch in 2026.

Felix Group Holdings Ltd has announced a $1 million share purchase plan, offering eligible shareholders the chance to buy shares at $0.21 each starting 26 August 2025.

Reckon Limited has reported a robust first half of 2025, marked by significant revenue and profit growth fueled by organic expansion and the acquisition of Cashflow Manager. The company’s cloud-based Reckon One product and US-focused Legal Group continue to drive momentum.