Latest It Services News

GTi Energy has obtained critical drilling permits and contracted top Wyoming service providers to advance its Lo Herma uranium project, targeting a resource upgrade by year-end amid strong U.S. nuclear support.

Alcidion Group Limited has reported its strongest quarter ever with record operating cashflow and a doubling of new sales, reaffirming its positive outlook for FY25.

Macquarie Group Limited reported a 5% increase in FY25 profit to A$3.715 billion, declaring a higher dividend and announcing a key CFO transition. The group also outlined a strategic divestment and cautious outlook for FY26.

Macquarie Group reported a decline in net profit contribution for the first quarter of FY26, driven by mixed performances across its divisions, while maintaining a robust capital surplus and announcing a key CFO transition.

SRJ Technologies has taken a strategic leap by acquiring a UAE entity registered with a regional National Oil Company, positioning itself for direct contracting in the Middle East energy sector. This move is supported by a recent capital raise and ongoing restructuring to sharpen its regional focus.

Bapcor reports a softer FY25 with pro-forma NPAT of $81-82 million and statutory NPAT sharply lower at $31-34 million, citing operational disruptions and a challenging retail environment. The company also announces key board resignations amid a strategic reset.

MLG Oz Limited has landed a significant 30-month crushing and screening contract with New Murchison Gold, boosting its foothold in Western Australia's gold mining sector.

Spirit Technology Solutions reports a strong FY25 with underlying EBITDA soaring to $11 million and a return to profitability in its Managed Services segment after years of restructuring.

Regis Healthcare has agreed to acquire four premium aged care homes in South-East Queensland from Rockpool, adding 600 beds and boosting its portfolio to 72 homes. The $135 million deal is expected to be earnings accretive in FY26.

Regis Healthcare has agreed to acquire four premium aged care homes in South-East Queensland from Rockpool RAC Holdings, adding 600 beds to its portfolio. The $135 million deal, funded from existing cash reserves, is expected to complete by September 1, 2025.

PEXA’s UK arm has secured a formal commitment from NatWest to implement its digital platform for remortgage and sale & purchase transactions, marking a pivotal step in PEXA’s UK expansion.

Veris Limited confirms a strong turnaround in FY25 with a $2 million profit before tax and 5% revenue growth, driven by strategic transformation and a major Victorian rail contract.