Latest Digital Services News

Vection Technologies delivered its first positive full-year operating cash flow and a sharp rise in adjusted EBITDA in FY26. Yet the audited report warns that continued operations depend on stronger sales, margin gains, cost reductions and potential access to further capital.

CONNEQT Health has inked a marketing deal with US longevity platform Blueprint to boost consumer sales of its FDA-cleared Pulse arterial health monitor, targeting health-conscious Americans focused on preventative care.

Vection Technologies (ASX:VR1) achieved a major earnings inflection in FY26 with adjusted EBITDA soaring 596% to $3.8 million and generating positive operating cash flow for the first time, underpinned by dual commercial platforms scaling rapidly.

Veris Limited lifted revenue by 4.9% to $102 million in FY26, driven by digital and advisory growth, but statutory net profit fell 67% amid one-off costs and macroeconomic headwinds.

Spark New Zealand’s FY26 results highlight a return to mobile service revenue growth, a significant gain from the sale of its data centre business, and a strategic review of its Digital Services division.

Spark New Zealand will transition its board chairmanship to Vince Hawksworth following Justine Smyth’s departure in November 2026. Hawksworth brings extensive executive experience in regulated utilities and infrastructure to the telecommunications company’s leadership.

Metcash Limited posted a steady FY26 performance, with group revenue rising to $19.6 billion and EBITDA up 1.9%, driven by growth in Food and digital channels despite challenges in Hardware.

Vection Technologies has turned a corner with its first full-year positive operating cash flow, underpinned by $41.5 million in customer receipts and over $17 million in new orders announced around the year-end.

Spark New Zealand restructures into Connectivity and Digital Services divisions, initiating a strategic review of its Digital Services arm to explore shareholder value maximisation. Leadership changes accompany the move, while FY26 guidance remains steady.

Monvia Limited, an Australian SaaS provider for life insurers, is seeking to raise $17.5 million via an IPO on the ASX. The funds will support redemption of preference shares and fuel growth in existing and new markets.

CONNEQT Health's June quarter saw record consumer revenue growth and a 70% jump in enterprise subscription ARR, supported by a $5.5 million placement and progress on its FDA regulatory pathway for its cloud-based vascular analytics platform.

Vection Technologies has landed a $3.2 million order from Retelit Digital Services after its Algho AI platform passed certification, becoming Retelit's designated AI provider for enterprise and government clients across Italy.