Latest It Services News

MCS Services Limited reported a $644k cash outflow from operations in Q1 2025 while lodging multiple traffic management tenders and exploring growth strategies. The company continues to consider selling its Traffic Business subsidiary, Highways Traffic Pty Ltd.

Cann Group Limited has executed a transformative debt restructure, reducing its $70 million debt by 81% and raising $9 million in fresh capital, setting the stage for a positive EBITDA turnaround in FY26.

Clime Investment Management has firmly rejected allegations of a formal ASIC investigation following a misleading media report, clarifying that only a preliminary inquiry occurred.

RocketDNA Ltd has landed additional contracts worth approximately $1 million with BHP Mitsubishi Alliance to operate six dual SurveyBot units through mid-2026, reinforcing its foothold in mining tech.

Talius Group has raised $4 million in a recent placement, expanding its subscription base and preparing to capitalize on new aged care legislation set to take effect in November 2025.

Tamboran Resources has raised over US$56 million through a public offering and secured up to US$29.3 million via a PIPE, while forging a strategic partnership with Baker Hughes to advance its Beetaloo Basin shale gas development.

Proteomics International Laboratories has secured ISO 15189 certification and launched PromarkerD and PromarkerEso nationally in Australia, while advancing US reimbursement pathways and preparing for leadership transition.

MRG Metals has confirmed four distinct alluvial rare earth deposits at its Adriano project in Mozambique, with all samples showing significant heavy mineral concentrate. Laboratory assays are underway to define the rare earth content, potentially advancing the project toward resource development.

MONEYME reported a robust start to FY26 with a 26% increase in its loan book and improved credit metrics, driven by strong originations and strategic product expansions.

Kaili Resources has responded to ASX inquiries regarding delays in confirming rare earth element assay results from recent drilling, reaffirming compliance with disclosure rules and explaining procedural factors behind the timing.

Emyria reports strong revenue growth driven by expanded insurer-funded mental health programs, marking a significant step in national access to evidence-based PTSD and treatment-resistant depression care.

TotalEnergies has lifted the force majeure on the $20 billion Mozambique LNG project, signaling a full restart after 4.5 years. RBR Group, uniquely positioned as the only ASX-listed company with direct exposure, stands to benefit from the surge in workforce and infrastructure demand.