Latest It Services News

Suncorp Group reports a robust $1.82 billion net profit after tax for FY25, boosted by strategic divestments and strong insurance operations. The company announces a $400 million share buy-back as it sharpens focus on general insurance.

Suncorp Group delivers a robust FY25 result, boosted by strategic asset sales and strong insurance performance, while launching a $400 million share buy-back.

Suncorp Group has reported a robust financial year with a 66% jump in net profit and announced a healthy final dividend, signaling confidence in its ongoing performance.

HomeCo Daily Needs REIT has delivered on its FY25 financial guidance, showcasing strong operational metrics and a robust development pipeline that sets the stage for growth in FY26.

HomeCo Daily Needs REIT reported a robust financial year ending June 2025, with profit after tax soaring 205% to $250.3 million and steady distributions maintained. The REIT’s portfolio value and operational metrics reflect a resilient strategy in metro-located retail assets.

Pacific Smiles Group has reported solid FY25 financial results, with patient fees rising 8.7% and underlying EBITDA up 12.1%, reflecting strong operational momentum.

Anatara Lifesciences reported a 35% rise in net loss to $1.95 million for FY25, following pivotal Phase II trial results for its GaRP product that missed the primary efficacy endpoint but showed promising secondary benefits. The company is advancing commercialisation efforts and launching a new anti-obesity project amid tightened cash reserves.

I Synergy Group Limited has formalised a A$300,000 contract with Treasure Global Inc. to supply AI-focused GPUs and specialised software, marking a strategic step in its technology evolution.

New Murchison Gold Limited reports strong operational progress at its Crown Prince Gold Mine, with mining underway and first ore parcel sales to Westgold’s Bluebird plant expected in September 2025.

Vitasora Health has expanded its partnership with Tampa Family Health Centers to deliver chronic care and remote monitoring services to 7,000 Medicaid patients, unlocking over US$4 million in annual revenue. This marks a pioneering step for Florida’s largest Federally Qualified Health Center in adopting value-based care for underserved communities.

Bravura Solutions posted solid FY25 financial results with revenue growth, improved profitability, and a special dividend following a key licence sale. The company signals steady performance ahead despite ongoing CEO transition.

ASB’s full-year profit slipped slightly despite solid growth in home and business lending, as the bank invests heavily in technology and housing initiatives.