Latest Communications Sector News

GenusPlus Group Ltd has reported a robust 36% increase in revenue and an 84% surge in net profit for FY2025, driven by strategic acquisitions and growth in the renewable energy sector. The company also declared a higher fully franked dividend, reflecting confidence in its expanding infrastructure footprint.

Vital Metals Limited has clarified the recent spike in its share price and trading volume, attributing it to a confidential capital raise and a positive scoping study amid a broader rare earths sector rally.

ikeGPS reports a robust 29% increase in annual platform subscription revenue exit run rate for 1Q FY26, reiterating strong FY26 growth guidance and securing A$18 million in fresh capital to fuel expansion and new product development.

Hansen Technologies has raised its FY25 profitability outlook, driven by operational efficiencies and early powercloud profits, despite a slight revenue timing shift. The company also secured major new contracts across Europe and the US.

Structural Monitoring Systems’ Canadian subsidiary has landed a $900,500 order from CAL FIRE for 50 advanced firefighting radios, marking a significant step in a broader fleet upgrade program.

Enero Group has appointed Ian Ball as its new CEO, marking a pivotal leadership transition following significant operational achievements and a strategic refocus.

Norwood Systems has successfully delivered a crucial software milestone under a major telecom contract, while also reporting strong customer receipts that bolster its cash position.

Hansen Technologies has secured a pivotal five-year, A$50 million contract with Virgin Media Limited (VMO2), licensing its cloud-native software suite to enhance VMO2’s operational platforms and customer engagement.

Etherstack has landed its eighth contract deploying digital radio technology for the world's largest iron ore producer in Western Australia, reinforcing its foothold in a critical mining communications sector.