Latest It Services News

Spectur Limited reported a strategic revenue shift in Q1 FY26, with SaaS recurring revenue growing 5% year-on-year despite an overall 9% quarterly revenue dip. The company also raised $2.3 million to accelerate its solar-powered AI platform development.

Rent.com.au reports a 27% revenue increase for the September quarter, driven by the launch of internally funded RentBond® loans and a doubling of recurring revenue to 47% of total income.

SSH Group Ltd reports a robust 17% revenue increase for Q3 2025, bolstered by a $2.53 million strategic placement from Xinhai Mining Services, advancing key gold projects and expanding its mining services footprint in Western Australia.

Activeport Group has launched a flexible, consumption-based 100GB inter-capital network service integrated into its Global Edge platform, partnering with Titan Telecoms to connect major Australian cities. The company has already secured its first orders from wholesale network operators.

Adisyn Ltd has strengthened its position in semiconductor innovation by commissioning a cutting-edge Atomic Layer Deposition system, accelerating its graphene interconnect development while maintaining a robust cash reserve.

Monadelphous Group Limited has agreed to acquire Western Australian firm Kerman Contracting, enhancing its infrastructure capabilities in key sectors. The $15 million deal, combining cash and shares, is set to complete by year-end.

Civmec Limited reports solid Q1 FY26 financials alongside key milestones in naval shipbuilding and infrastructure contracts, positioning itself strongly in Australia’s defence sector.

Freightways has reported solid financial results for FY25 with revenue up 6.6% and net profit rising nearly 13%, alongside an 8% dividend increase. The company’s robust Q1 FY26 trading update highlights continued momentum driven by market share gains and operational efficiencies.

MOVE Logistics Group reports a significant reduction in losses and improved margins in the first quarter of FY26, even as revenue declines amid economic headwinds.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California and reported high-grade gold results from its Senegal project, backed by a $14 million capital raise to fast-track exploration and development.

RocketDNA Ltd reported a 13% revenue increase in Q3 2025, driven by a surge in autonomous drone operations and new multi-million dollar contracts across Australia and Africa. The company’s expanding footprint in Tier-1 mining clients highlights growing adoption of AI-powered drone technology in open-pit mining.

Smartpay Holdings Limited’s shares have been suspended from the ASX following New Zealand’s High Court approval of its acquisition by Shift4 Holdings Limited, marking a significant milestone in the payment processing sector.