Latest It Services News

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AdNeo Limited has won overwhelming shareholder approval to acquire Learnt Global Group and is raising $5.5 million through a strategic placement, setting the stage for accelerated growth.
Sophie Babbage
Sophie Babbage
12 Aug 2025
Opyl Limited has formalized its partnership with UK-based Innovatrix Capital, positioning its AI platform TrialKey at the forefront of clinical trial failure insurance. This deal not only validates Opyl’s technology but also opens doors to global biotech markets and valuable data streams.
Ada Torres
Ada Torres
12 Aug 2025
Life360, Inc. reported a return to profitability in Q2 2025, driven by strong subscription growth and strategic partnerships, while also announcing a leadership transition and issuing $320 million in convertible notes.
Sophie Babbage
Sophie Babbage
12 Aug 2025
Kelly Partners Group Holdings posted a robust 24.5% revenue increase to $134.6 million in FY25, driven by strategic international expansions and acquisitions. The firm’s underlying profit after tax also rose 13%, underscoring its growing footprint across Australia, the US, and Ireland.
Victor Sage
Victor Sage
12 Aug 2025
LGI Limited reported a 14% rise in FY25 EBITDA to $17.4 million, driven by operational growth and expanded renewable capacity. The company also secured a landmark 15-year contract to build and operate a 12MW/24MWh battery system at the Belrose landfill site in NSW.
Maxwell Dee
Maxwell Dee
12 Aug 2025
oOh!media has appointed James Taylor, current SBS Managing Director, as its new CEO, set to take the helm in early 2026. This leadership change signals a strategic push for growth in Australia's fast-evolving out-of-home media sector.
Elise Vega
Elise Vega
12 Aug 2025
VEEM Limited has renewed a six-year, $65 million contract to supply critical components for Australia's Collins Class submarines, reinforcing its long-standing defence partnership and projecting stronger financial performance in FY26.
Victor Sage
Victor Sage
12 Aug 2025
Southern Cross Electrical Engineering has announced over $110 million in new and renewed contracts, reinforcing its position in Australia’s infrastructure services and manufacturing sectors.
Victor Sage
Victor Sage
12 Aug 2025
SGH Limited has announced a fully franked ordinary dividend of AUD 0.32 per share for the six months ending June 2025, signaling steady returns for shareholders.
Claire Turing
Claire Turing
12 Aug 2025
Vulcan Steel has reported preliminary FY25 earnings with stable EBITDA and reduced net debt, while highlighting cautious optimism for FY26 amid tough trading conditions.
Victor Sage
Victor Sage
12 Aug 2025
Spark New Zealand is selling 75% of its data centre business to Pacific Equity Partners for up to $705 million, aiming to accelerate capacity expansion amid rising cloud and AI demand.
Sophie Babbage
Sophie Babbage
12 Aug 2025
SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.
Victor Sage
Victor Sage
12 Aug 2025