Latest It Services News

JB Hi-Fi reported a robust FY25 with 10% sales growth and increased dividends, while preparing for a leadership change.

Victory Metals Ltd has announced a substantial upgrade to its North Stanmore Heavy Rare Earth Element Project, increasing the mineral resource by nearly 30% and revealing some of the highest heavy rare earth element ratios recorded in Australia.

Dexus Convenience Retail REIT posted a modest decline in revenue and distributions for FY25, yet its portfolio value and conservative gearing strategy underpin a stable outlook.

Charter Hall Social Infrastructure REIT (CQE) reported steady FY25 results with a 15.2 cents per unit distribution and announced a 10.5% increase in guidance for FY26, underpinned by strategic acquisitions and a robust debt refinancing.

Minbos Resources has partnered exclusively with Fertiafrica to produce Angola’s first locally granulated fertilisers, aiming to transform the country’s agricultural landscape with affordable, high-quality products.

Global Health Limited has secured a $186,748 contract to implement its MasterCare+ digital platform at Jarrah House, enhancing alcohol and other drug (AOD) services with tailored technology solutions.

CAR Group Limited reported a strong FY25 with revenue up 8% to $1.18 billion and net profit after tax rising 12% to $293 million, while announcing a leadership transition as CEO Cameron McIntyre steps down.

Linius Technologies has secured its first commercial contract for Captivate, a fan engagement platform that personalizes sports video experiences, with Honest Technology Partners. The deal guarantees over A$250,000 in revenue across two years, marking a significant milestone for Linius in the sports technology arena.

DY6 Metals has confirmed high-grade titanium dioxide levels in rutile samples from its Central Rutile Project in Cameroon, supporting the calibration of a portable XRF analyser for real-time exploration.

Cash Converters has expanded its Australian footprint by acquiring 14 franchise stores across key states, reinforcing its strategy to grow earnings and consumer lending.

ResMed Inc. reported a robust 10% increase in revenue to $5.15 billion for fiscal 2025, driven by strong demand in sleep and breathing health devices and residential care software. The company also expanded its diagnostic capabilities with the acquisition of VirtuOx, positioning itself for further growth in home-based health solutions.

Ariadne Australia Limited anticipates a near breakeven total comprehensive income for FY25, balancing solid profits with significant portfolio losses and partnership costs.