Latest It Services News

New Zealand King Salmon reports a $20.8 million net loss for the half-year ending July 2025, driven by biological asset write-downs, while maintaining EBITDA guidance and advancing key growth initiatives.

Mad Paws Holdings has sent out the Scheme Booklet to shareholders detailing the proposed acquisition by Rover Group, with the board unanimously backing the deal. Shareholders are set to vote on the scheme in late October.

Webjet Group Limited has received a shareholder requisition backed by significant investors seeking to appoint new directors and remove recent board appointees, signaling potential shifts in company governance.

La Trobe Financial confirms the resolution of regulatory issues as ASIC lifts the Interim Stop Order on its 12 Month Term Account, restoring investor confidence.

Mastermyne Group Limited has locked in contract extensions and new agreements worth up to $51 million, reinforcing its foothold in underground coal mining services.

CDC, Infratil’s data centre arm, has locked in approximately 100MW of new contracted capacity, reinforcing strong demand driven by cloud and AI workloads in Australasia. This milestone supports CDC’s target to double FY25 earnings by FY27.

Raiz Invest Limited reported robust FY25 results with record active customers and funds under management, underpinned by strategic partnerships and AI-driven innovation. The company projects positive earnings growth for FY26 amid a competitive fintech landscape.

Emu NL has agreed to delay issuing shortfall securities from its entitlement offer until after its extraordinary general meeting on 29 September 2025, following a regulatory undertaking accepted by the Takeovers Panel.

Liberty Group announces a shift to quarterly unfranked distributions, starting with a 7.5 cents per security interim payment for Q3 2025, signaling confidence in its financial stability.

Australian Unity Limited has announced a $120 million equity raising through a pro rata entitlement offer and wholesale placement, underpinning its ongoing transformation and capital management strategy. The company also reported robust FY2025 financial results, highlighting significant revenue growth and improved profitability.

Australian Unity Limited has launched a $120 million equity raising through a non-underwritten entitlement offer and placement, aiming to strengthen its balance sheet and support strategic acquisitions.

Livium’s Envirostream has extended its battery recycling contract with LG Energy Solution to 2029, expanding its scope to include end-of-life residential lithium-ion batteries across Australia.