Latest It Services News

Straker Limited has extended its partnership with IBM for three more years, locking in a NZ$28 million contract and expanding collaboration into AI-driven language model development.

Hiremii Limited reported a 6% revenue increase and an 18% rise in gross profit for Q1 FY26, driven by global job board integration and a successful capital raise to fuel its AI-powered recruitment platform.

Mineral Resources Limited reported a record quarter with Onslow Iron reaching full capacity and lithium prices surging 31%, while maintaining FY26 guidance and strengthening its Board.

Unith Ltd reports a 32% rise in Q1 FY26 cash receipts and unveils its breakthrough Streaming Avatars technology, alongside a successful $1.85 million capital raise.

Pentanet Limited reports sustained profitability with its fourth consecutive positive EBITDA quarter, underpinned by subscriber growth and gaming monetisation. The company is now shifting gears, launching a new brand campaign and focusing on accelerating subscriber acquisition and gaming revenue.

Pentanet reports steady Q1FY26 growth with positive EBITDA, rising 5G subscribers, and a strategic brand relaunch aimed at accelerating market presence.

Oceana Lithium advances exploration at its Bangemall, Solonópole, and Napperby projects, deploying new geophysical surveys and preparing trenching programs while maintaining a solid cash position of nearly AUD 2.9 million.

icetana Limited reports its strongest quarterly growth yet, driven by a strategic partnership with SoftBank Robotics that has propelled annual recurring revenue to $2.3 million.

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.