Latest Innovation News

Gentrack delivered solid FY25 results with 8% revenue growth and a doubling of net profit, driven by strong recurring revenues and strategic investments. The company is poised for accelerated expansion in FY26, backed by a maturing pipeline and new technology deployments.

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.

Gentrack Group reported a strong FY25 with revenue up 8% and net profit more than doubling, driven by key deployments of its new g2.0 cloud platform and robust growth in its airports division Veovo.

Verbrec Limited has announced a transformative acquisition of Alliance Automation, adding over $60 million in annual revenue and significantly boosting its digital and automation capabilities across Australia and New Zealand.

Adore Beauty Group has reported record profitability for FY25, driven by improved revenue quality, operational efficiencies, and rapid retail expansion. The company’s omni-channel strategy is gaining momentum with strong customer growth and a new fulfillment center planned for FY27.

Reece Limited reported a modest revenue decline and earnings pressure in FY25 amid challenging markets but reinforced its long-term growth strategy with a significant share buyback and board renewal. Early FY26 trading shows sales growth driven by network expansion despite ongoing cost pressures.

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.

Sims Limited reports a stellar FY25 with underlying EBIT nearly tripling, driven by strategic growth and sustainability achievements, while setting an ambitious outlook for FY26 amid market challenges.

WA1 Resources has secured Major Project Status for its Luni Niobium Project, marking it as a critical national asset with government-backed facilitation for three years.

ECS Botanics has achieved a milestone with direct-to-consumer sales exceeding 60% of total revenue, driven by the launch of innovative sugar-free THC gummies and a strategic distribution partnership.

4DS Memory Limited has declared invalid a shareholder notice seeking to remove Executive Chairman David McAuliffe and other directors, rejecting calls for an extraordinary general meeting.

Mastermyne’s FY2025 AGM reveals resilience amid sector headwinds, operational disruptions, and legal proceedings, while positioning for growth with new leadership and contracts.