Latest It Services News

NAOS Small Cap Opportunities Company Limited has announced a 1.25 cents per share quarterly dividend for Q1 FY26, maintaining a strong yield and steady dividend growth since inception.

Service Stream has delivered a robust FY25 performance with revenue growth, record profits, and a landmark $1.6 billion Defence contract, setting the stage for continued expansion.

Pinnacle Investment Management has secured a strategic foothold in Japan’s private markets by acquiring up to 13% of Advantage Partners, complementing its strong FY25 growth and global expansion ambitions.

Freelancer Limited reported a steady third quarter with operational profitability and notable growth in AI-related projects and Loadshift revenues, despite a year-on-year dip in overall marketplace volume.

Beforepay Group has reported a record quarterly profit nearly doubling last year’s figure, driven by strong advances growth and strategic AI partnerships enhancing its lending platform.

Comms Group Limited reported a steady 2% revenue increase in FY25, hitting the highest gross margin in five years, while targeting over $75 million in run-rate revenue post-TasmaNet integration.

Earth’s Energy Limited has halted further exploration spending on its South Australian and Queensland geothermal assets following an independent review, shifting focus to new project opportunities. The company maintains a healthy cash position while managing its existing licences conservatively.

Lynch Group Holdings Limited proposes a scheme of arrangement for acquisition by Hasfarm Bidco at a 23% premium, with unanimous board support and an independent expert endorsement. Shareholders will vote in November on a deal that would delist Lynch from the ASX.

Lynch Group Holdings Limited is moving closer to a $269 million acquisition by Hasfarm Bidco, with a shareholder meeting scheduled for 21 November 2025 to vote on the proposed scheme of arrangement. The transaction offers Lynch shareholders a 23% premium and is backed by an independent expert report and unanimous board recommendation.

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

SIV Capital Limited reported a $110,000 net cash outflow for Q1 FY26, maintaining a strong cash reserve of $8.07 million despite its securities suspension by ASX since December 2024.

Challenger Gold has secured critical drilling and explosives contracts and completed refurbishment of the Casposo Toll Milling plant, marking a pivotal step toward early gold production at its Hualilán project in Argentina.