Latest Fleet Management News

RPMGlobal shareholders are set to vote on Caterpillar’s $5.00 per share acquisition proposal following Federal Court approval to convene a Scheme Meeting. The Independent Expert deems the offer fair and reasonable, with the RPM Board unanimously backing the deal.

FleetPartners Group Limited reported steady core income growth and strong cash generation in FY25 despite a 16% drop in new business wins, while completing a strategic acquisition to enhance its novated leasing offering.

Vmoto Limited reported a 15.9% increase in unit sales for 3Q25 alongside operational cash flow positivity and progress on new manufacturing sites in China and Thailand. The company’s expanding e-mobility solutions and strong international order book signal a promising outlook.

JAYRIDE Group Limited is advancing its transformation into a scalable Mobility-as-a-Service platform, securing new funding and expanding its SaaS footprint across the Asia-Pacific region.

PentaNet Ltd reported a positive net operating cash flow of A$594,000 in the September 2025 quarter, bolstered by strong liquidity and ongoing investment in 5G infrastructure.

Tourism Holdings Limited (thl) reported a challenging FY25 with a significant profit decline but is confident in a growth rebound supported by international tourism recovery and strategic initiatives.

Connexion Mobility reported a modest 1% revenue increase to $2.9 million in Q1 FY26, while net profit before tax declined 19% due to the absence of prior quarter government incentives. The company is advancing its SaaS platform footprint in US automotive retail and investing strategically in Covertrue Group.

RPMGlobal Holdings Limited has agreed to be acquired by Caterpillar Inc. through a Scheme of Arrangement valuing the company at over $1.1 billion, offering shareholders a 32.6% premium. The deal awaits regulatory and shareholder approvals, marking a significant consolidation in mining software technology.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to create a leading mid-tier gold producer in West Africa, targeting over 400,000 ounces of annual production by 2029 from a combined resource exceeding 9 million ounces.

Orcoda Limited faced a challenging FY25 due to delayed projects from a key customer but is poised for recovery with new contracts and growth in recurring revenue. The company’s strategic diversification and AI-powered solutions underpin a confident outlook for FY26.

Smartgroup has delivered a robust half-year 2025 performance, marked by strong revenue growth, expanding customer base, and strategic advances in digital services and electric vehicle leasing.

Smartgroup Corporation Ltd reported a solid first half for 2025 with revenue up 7% and net profit rising 11%, powered by strong novated leasing growth amid shifting electric vehicle policies.