Latest It Services News

Australian Ethical Investment Limited reported a robust 68% rise in net profit after tax and a 34% increase in funds under management for FY25, driven by strong organic growth and the Altius acquisition. The company declared a fully franked final dividend of 9 cents per share, underscoring confidence in its growth trajectory.

TPG Telecom reported a 2% revenue increase and a significant profit rise in H1 2025, completing the sale of its fibre assets and declaring a 9-cent interim dividend.

XPON Technologies Group Ltd reported a strategic acquisition and a near elimination of EBITDA losses in FY25, signaling a pivot towards sustainable growth in AI marketing technology.

BNK Banking Corporation Limited reported a robust FY25 turnaround, driven by strategic portfolio reshaping and strong capital management, delivering a 50% increase in net income and a 5.6% rise in capital adequacy ratio.

BNK Banking Corporation reported a strong FY25 performance, driven by margin expansion and strategic transactions that doubled non-interest income. The bank’s capital position strengthened significantly, setting the stage for future growth.

Urbanise.com Ltd reported a solid FY2025 with 12.7% growth in Annual Recurring Revenue, underpinned by a strategic partnership with National Australia Bank that includes a 15% equity stake. The company strengthened its cash position and is poised for a new integrated payments solution launch in 2026.

Urbanise.com Limited reported a 4.2% revenue increase and a 77% improvement in adjusted EBITDA loss for FY2025, driven by new contracts and a key partnership with NAB. The company ended the year cash flow positive with a strong balance sheet, setting the stage for a transformative product launch in 2026.

Urbanise.com Limited reported a 4.2% revenue increase to $13.1 million in FY2025, alongside a landmark strategic partnership with National Australia Bank that promises to disrupt the strata management industry’s legacy banking model.

Count Limited reported a robust FY2025 with significant revenue and earnings growth, driven by strategic acquisitions and operational efficiencies. The company’s expansion in wealth management and services segments highlights its evolving market leadership.

Medibank Private Limited reported a robust FY25 with an 8.5% rise in underlying net profit after tax and an 8.4% increase in fully franked dividends, driven by growth in both resident and non-resident health insurance segments and expanding health services.

Appen Limited reported a modest 2% revenue increase in H1 FY25, driven by a 67% surge in its China business, while reaffirming full-year guidance amid US market uncertainties.

Count Limited has reported a robust FY2025 performance, highlighted by a 28% jump in revenue and a record dividend payout, signaling strong momentum in its wealth management and financial advice operations.