Latest It Services News

Pepper Money Limited reported a 2% increase in net profit after tax to $47 million for the half-year ended June 2025, driven by strong loan originations and disciplined cost management. The company also raised its interim dividend to 6.4 cents per share, signaling confidence despite a slight dip in net interest income.

Mitchell Services reported a transitional FY25 with revenue growth but earnings pressure from lower utilisation and mobilisation costs. The company secured key contracts and launched a decarbonisation joint venture, positioning for a stronger FY26.

Mitchell Services Limited has revealed a sharp downturn in its FY2025 financial results, with profits collapsing by 94% and revenue falling 17%, signaling a challenging year for the oilfield services provider.

Insignia Financial reported a robust 17.6% rise in underlying net profit after tax for FY25, driven by strategic cost optimisation and business simplification. The company also unveiled plans to relaunch its MLC brand and outlined confident guidance for FY26.

Insignia Financial Group reported a notable 18.5% decline in total revenue for FY2025 but achieved a strong 17.6% rise in underlying net profit after tax, highlighting resilience amid challenging conditions.

AIC Mines Limited reported a robust FY25 with $189.6 million revenue and $15 million net profit, securing key contracts and funding for its Eloise expansion and Jericho development.

Janus Electric has inked a $5 million Memorandum of Understanding with EVUNI to distribute its electric drivetrain technology across Africa, marking a bold step in its international growth strategy.

Metallium Limited has secured exclusive lease options for two fully permitted U.S. sites, advancing its strategy to deploy its Flash Joule Heating technology across multiple states. This move complements its flagship Texas campus and positions the company for rapid scale-up in the growing e-waste metal recovery sector.

QuickFee Limited posted a 25% increase in revenue to A$25.3 million for FY25, driven by strong growth in both Australia and the US, alongside a positive underlying EBTDA of A$2.4 million before a one-off credit loss provision.

Capral Limited reported a solid first half of 2025 with revenue growth despite volume declines, underpinned by higher aluminium prices and a robust balance sheet. The company is advancing its footprint through acquisition and share buy-back initiatives amid cautious market conditions.

MAAS Group Holdings Limited reported a solid 15% increase in revenues for FY25, while profit after tax saw a marginal decline. The company maintained its dividend payout, signaling steady shareholder returns amid mixed earnings results.

Brambles Limited reported a 10% rise in underlying profit for FY25, driven by operational efficiencies and digital initiatives, while announcing a US$400 million share buy-back for FY26. The company’s transformation program underpins a confident outlook despite macroeconomic headwinds.