Latest Consumer Technology News

Tinybeans has delivered a US$65,000 adjusted EBITDA profit and its fourth consecutive quarter of positive operating cash flow, with revenue rising 35% to US$1.60 million. The result came as subscription revenue climbed 74%, although customer acquisition costs increased across both platforms.

Cycliq’s customer receipts rose 21% in the September quarter, but the cycling technology company ended the period with just $382,000 in cash and less than two quarters of funding on its current burn rate. Its proposed $1.5 million placement remains partly dependent on shareholder approval.

The WCM Quality Global Growth Fund posted a -5.20% return in July 2026, underperforming its MSCI benchmark as semiconductor stocks faltered. Despite short-term setbacks, the fund maintains strong long-term outperformance and is increasing exposure to AI-related companies.

Tinybeans Group’s acquisition of US-based Qeepsake fuels a sharp revenue jump and improved profitability in Q2 FY26, signalling early success in its growth strategy.

Tinybeans Group has acquired US-based Qeepsake, adding 49,000 paid subscribers and boosting pro-forma revenue by 85%, accelerating its path to profitability.

Swift Networks has locked in key contracts with Australia's largest Aged Care provider and Chevron, while progressing its Swift TV rollout on track for Q3 FY26. The company also completed a $2.2 million capital raise, positioning itself for growth in new markets.

Swift Networks has expanded its partnership with Uniting NSW to 25 aged care sites and introduced Swift TV at a major industry conference, positioning itself at the forefront of aged care technology innovation.

MIXI Australia has lodged a bidder’s statement for an all-cash $1.20 per share takeover offer for PointsBet Holdings Limited, with the PointsBet Board unanimously recommending acceptance in the absence of a superior proposal.

ResMed Inc. posted a robust second quarter for fiscal year 2025, with revenue climbing 10% to $1.3 billion and operating profit soaring 52%, driven by strong demand for sleep and breathing health products and operational efficiencies.