Latest Innovation News

Qantas reports a robust FY25 with a 15% rise in underlying profit and announces a major order for 20 new A321XLR aircraft, signaling a bold expansion of its domestic and international fleet.

Swoop Holdings Limited has reported a standout FY25 with 20% revenue growth and a surge in recurring revenue, underpinned by strategic fibre contracts and automation-driven efficiencies.

Knosys Limited reported steady FY25 revenue growth and secured major contract renewals, while investing heavily in AI-driven library technology that positions it for global expansion.

ClearView Wealth Limited delivered a robust second half in FY25, overcoming early claims volatility to restore margins and grow premiums. The company’s FY26 guidance signals confidence in continued growth, underpinned by a major technology platform migration and capital management initiatives.

Zoono Group Limited has raised an additional A$992,000 through a shortfall placement, boosting its working capital to support global expansion of its shelf-life extension technology. The company also linked CEO share incentives to ambitious sales targets, signaling confidence in growth prospects.

TPG Telecom reports solid half-year growth driven by 100,000 new mobile subscribers and strong cash flow, while unveiling a $3 billion capital return plan.

XPON Technologies Group Ltd reported a strategic acquisition and a near elimination of EBITDA losses in FY25, signaling a pivot towards sustainable growth in AI marketing technology.

Urbanise.com Ltd reported a solid FY2025 with 12.7% growth in Annual Recurring Revenue, underpinned by a strategic partnership with National Australia Bank that includes a 15% equity stake. The company strengthened its cash position and is poised for a new integrated payments solution launch in 2026.

Urbanise.com Limited reported a 4.2% revenue increase and a 77% improvement in adjusted EBITDA loss for FY2025, driven by new contracts and a key partnership with NAB. The company ended the year cash flow positive with a strong balance sheet, setting the stage for a transformative product launch in 2026.

Medibank Private Limited reported a robust FY25 with an 8.5% rise in underlying net profit after tax and an 8.4% increase in fully franked dividends, driven by growth in both resident and non-resident health insurance segments and expanding health services.

SDI Limited reported a 16.7% rise in net profit after tax for FY2025, driven by improved gross margins and operational efficiencies despite a slight sales dip. The company maintained its dividend while investing in automation and new product development.

Appen Limited reported a modest 2% revenue increase in H1 FY25, driven by a 67% surge in its China business, while reaffirming full-year guidance amid US market uncertainties.