Latest It Services News

Beam Communications reported a modest adjusted cash outflow in Q4 FY25 despite a 36% revenue drop due to delivery delays and sales transitions, while cost-cutting efforts continue to bolster its financial resilience.

UNITH Ltd reported a record quarterly cash receipt of $1.6 million in Q4 FY25, driven by strategic partnerships and platform innovations. The company is poised for growth with a new website launch and expanded European presence.

333D Limited reported a 12% increase in quarterly cash receipts from digital asset management contracts, maintaining steady cash flow despite slight operating cash usage. The company’s annual contract revenue surpassed $970,000, reflecting growing traction in healthcare digital services.

Pureprofile Limited reported record FY25 results, achieving 19% revenue growth and launching new AI-driven data solutions to fuel future expansion.

Adriatic Metals reported a 23% rise in silver equivalent production in Q2 2025, driven by a 50% increase in ore milled, while revising full-year guidance lower due to operational constraints. The company also declared commercial production and agreed to a recommended acquisition by Dundee Precious Metals.

eMetals Limited has completed initial soil sampling at its Busia Gold Project in Uganda, revealing a significant 300-meter-wide gold-in-soil anomaly. The company continues to advance exploration efforts across its Ugandan assets while negotiating land access for further work.

Pureprofile has reported record FY25 results, with revenue climbing 19% and EBITDA up 18%, driven by strong international growth and innovative AI platform launches.

DXN Limited reported a robust Q4 FY25 with 51% revenue growth, securing key contracts and completing a strategic property acquisition that strengthens its modular data centre footprint.

Proteomics International Laboratories has secured $12 million to fast-track its precision diagnostic tests, including the US launch of PromarkerD for diabetic kidney disease, backed by a new AMA billing code. The company also advances its pipeline with new patents and commercial partnerships.

Global Health Limited reported a robust June quarter with a 65% rise in annual sales and a strategic pivot towards AI-driven efficiencies, aiming for profitability by mid-2026.

NEXION Group has completed the sale of its data centre subsidiary to Carrier Connect for AUD 2.5 million, marking a strategic shift to sharpen its focus on core network and AI software businesses.

Develop Global Limited has marked a pivotal quarter with initial concentrate shipments from its Woodlawn Copper-Zinc Mine, the commencement of earthworks at Sulphur Springs, and a substantial A$180 million capital raise to fuel an aggressive growth strategy.