Latest It Services News

Platinum Asia Investments Limited has secured Federal Court approval for its scheme of arrangement, marking a key structural shift as its shares prepare to convert into ETF units.

JAYRIDE Group has secured its first enterprise SaaS client with Thailand’s GB Limousine, marking a pivotal shift to recurring revenue and enterprise-grade transport software.

FBR Limited invites eligible shareholders to participate in a $1 million Share Purchase Plan at a 23.1% discount, aiming to fund key robotic projects and repay debt.

RocketDNA has secured a three-year contract to deploy its autonomous drone solution at the Gruyere Gold Mine, marking a significant step in integrating AI-powered surveying technology in mining operations.

Adrad Holdings reported an 8.9% rise in FY25 sales revenue to $153.1 million despite a slight dip in EBITDA, while declaring a fully franked dividend and outlining strategic initiatives for FY26.

360 Capital REIT has reported a significant turnaround with a $1.3 million statutory profit for FY25, alongside reduced distributions and a new long-term investment management agreement. The fund’s portfolio remains stable, supported by improved leasing and ESG upgrades.

Apiam Animal Health has received a non-binding indicative proposal from Adamantem Capital Management to acquire the company at $0.88 per share, sparking a potential shift in ownership for the veterinary services leader.

Swift Networks launches Swift TV, a Google-certified connected TV platform featuring a plug-and-play device and pre-loaded Netflix app, aiming to transform commercial entertainment spaces.

AdNeo Limited has completed its acquisition of Learnt Global Group, secured $5.65 million through a placement, and significantly reduced its debt, marking a pivotal step in its growth strategy.

GWA Group Limited reported modest revenue and earnings growth for FY2025, underpinned by strong Australian and UK markets, while announcing a $30 million on-market share buyback starting September 2025.

REA Group has appointed Cameron McIntyre as its new CEO, succeeding Owen Wilson who will retire from full-time executive duties. McIntyre’s proven leadership in digital marketplaces positions him to steer REA’s expansion and innovation.

GWA Group Limited reported modest revenue and profit growth for FY2025, driven by disciplined execution amid challenging markets. The company raised its dividend and announced a $30 million on-market share buyback, underscoring confidence in its financial position.