Latest It Distribution News

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Vicinity Centres reported a doubling of net profit and delivered funds from operations at the top of guidance, underpinned by strategic acquisitions and strong portfolio performance.
Eva Park
Eva Park
20 Aug 2025
FirstWave Cloud Technology is launching its first AI-powered compliance management feature for Open-AudIT, aiming to convert a large base of free users into paying customers through a subscription model integrated with AWS.
Sophie Babbage
Sophie Babbage
20 Aug 2025
Vicinity Centres has reported a robust increase in revenue and net profit for FY25, alongside a steady distribution payout to securityholders. The company’s financial health shows promising resilience amid a competitive real estate market.
Eva Park
Eva Park
20 Aug 2025
Magellan Financial Group reported a solid FY25 with an 8.2% rise in assets under management and a notable surge in strategic partnership income, offsetting a dip in investment management revenue.
Claire Turing
Claire Turing
20 Aug 2025
Beam Communications finalizes the independent valuation of its Zoleo Inc. joint venture stake at US$13.7 million and confirms plans to return capital to shareholders.
Sophie Babbage
Sophie Babbage
20 Aug 2025
Magellan Financial Group has announced a fully franked total dividend of AUD 0.469 per share, combining a final dividend, a performance fee dividend, and a special dividend for the six months ending June 2025.
Victor Sage
Victor Sage
20 Aug 2025
Magellan Financial Group reported a 31% drop in net profit after tax for FY25, yet operating profit rose 5%, supported by strategic partnerships and an 8.2% increase in assets under management. The Board declared a special fully franked dividend, signaling confidence in future earnings.
Claire Turing
Claire Turing
20 Aug 2025
Vicinity Centres confirms its distribution reinvestment plan will apply to the FY25 final distribution with a 1% discount on new securities, inviting investors to reinvest dividends under favourable terms.
Eva Park
Eva Park
20 Aug 2025
Whitefield Income Limited has reported a $7.8 million net profit in its first seven months as an ASX-listed company, alongside steady monthly dividends annualised at 8%. The company’s portfolio outperformed its benchmark, signaling a promising start post-IPO.
Victor Sage
Victor Sage
20 Aug 2025
Vicinity Centres reported a robust FY25 with statutory net profit soaring to $1 billion, driven by strategic portfolio repositioning and strong leasing momentum. The company’s focus on premium retail assets and key developments underpin a cautiously optimistic outlook for FY26.
Eva Park
Eva Park
20 Aug 2025
Vicinity Centres reported a robust FY25 with statutory net profit surpassing $1 billion and Funds From Operations reaching the top end of guidance, underpinned by strategic asset acquisitions and strong portfolio performance.
Eva Park
Eva Park
20 Aug 2025
Xamble Group has launched a partially underwritten renounceable rights issue to raise $1.35 million, aiming to accelerate platform adoption and technology innovation while offering flexible participation for investors.
Sophie Babbage
Sophie Babbage
20 Aug 2025