Latest It Services News

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Platinum Investment Management has disclosed a significant partial redemption of approximately $580 million by a major client, expected to impact funds under management in October and November 2025.
Claire Turing
Claire Turing
1 Sept 2025
Coventry Group Ltd has appointed Nik Alpert as Managing Director, marking a key leadership transition with no changes to his existing remuneration package.
Victor Sage
Victor Sage
1 Sept 2025
Multistack International Limited reported a remarkable surge in half-year profit, yet its financial report flags a material uncertainty about its ongoing viability.
Victor Sage
Victor Sage
1 Sept 2025
Keybridge Capital has secured an extension of its bridge funding facility with WAM Active until late November 2025, maintaining current terms to support its ongoing recapitalisation efforts.
Claire Turing
Claire Turing
1 Sept 2025
Verbrec Limited has reported its strongest financial performance in over a decade, with record gross margins and a return to profitability, alongside the reinstatement of dividends. The company is positioning itself for growth in sustainable energy sectors amid a cautious but optimistic outlook for FY2026.
Victor Sage
Victor Sage
1 Sept 2025
Platinum Asset Management reveals a sharp 86% drop in statutory net profit and a 39% plunge in funds under management for FY25, prompting a cancellation of the final dividend.
Claire Turing
Claire Turing
1 Sept 2025
Citigroup Global Markets Australia has announced a fully franked AUD 1.11 dividend for WES CitiFirst Self-Funding Instalments, aligning key dates with WES ordinary shares and reducing outstanding loan amounts on warrants.
Claire Turing
Claire Turing
1 Sept 2025
MA Financial Group has completed its acquisition of IP Generation, issuing over 11 million shares upfront and setting a $10.4 million deferred payment split between cash and shares.
Claire Turing
Claire Turing
1 Sept 2025
Aeeris Ltd announces the retirement of its founding CEO Kerry Plowright, marking the end of an 18-year leadership era. Chief Operating Officer James Harris will lead the company on an interim basis as the board plans the next leadership chapter.
Maxwell Dee
Maxwell Dee
1 Sept 2025
Ryder Capital Limited reports a striking 12.75% preliminary gain in its investment portfolio for August 2025, lifting its pre-tax net tangible assets per share to $1.964 before dividend payout.
Claire Turing
Claire Turing
1 Sept 2025
Pro Medicus’s U.S. subsidiary Visage Imaging has earned a critical Authority to Operate from the U.S. Department of Veterans’ Affairs, enabling its Visage 7 CloudPACS platform to transition to the Veterans Affairs Enterprise Cloud.
Ada Torres
Ada Torres
1 Sept 2025
Prospech Limited has announced a pro-rata renounceable entitlement offer aiming to raise up to $1.62 million to fund metallurgical testing and exploration at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, reflecting the company’s ongoing development efforts and funding needs.
Maxwell Dee
Maxwell Dee
1 Sept 2025