Latest It Services News

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Brookside Energy has completed critical pad and access preparations for its two-well development program at the SWISH Area of Interest, setting the stage for drilling and production growth in the Anadarko Basin.
Maxwell Dee
Maxwell Dee
21 May 2026
Novatti has successfully integrated Alipay into UNSW’s student payments portal, generating $33.6 million in transactions and $0.5 million in revenue by April 2026, positioning the company for broader expansion in the education sector.
Claire Turing
Claire Turing
21 May 2026
Ventia Services Group reported a strong FY25 with revenue of $6.1 billion and 13% NPATA growth, while CEO Dean Banks announced his planned departure later this year. The company reaffirmed its FY26 guidance and highlighted growth opportunities in Defence, Digital Infrastructure, Energy, and Water.
Victor Sage
Victor Sage
21 May 2026
TruScreen Group Limited has kicked off a NZ$2.9 million capital raising combining a NZ$1 million placement and a NZ$1.94 million rights issue to fund its global expansion and regulatory compliance efforts. The company reported a 42% jump in product sales for FY2026 and is targeting major public health programs across 14 countries.
Ada Torres
Ada Torres
21 May 2026
InvestSMART Group Limited (ASX:INV) has agreed to sell its Intelligent Investor business and management rights to four ETFs to Teaminvest Private Group Limited (ASX:TIP) for $16 million, aiming to sharpen its focus on digital advice and wealth platforms.
Claire Turing
Claire Turing
20 May 2026
RAS Technology Holdings has locked in new contracts and extensions expected to add at least $2 million in annualised revenue, reinforcing growth in wagering technology and international markets.
Sophie Babbage
Sophie Babbage
20 May 2026
MyEco Group has extended its partnership with Penrith City Council by winning a 3-to-5-year contract to supply compostable caddy liners for the council's FOGO program, aligning with NSW's mandated organics recycling rollout.
Maxwell Dee
Maxwell Dee
20 May 2026
Mach7 Technologies has secured a five-year, A$1.7 million subscription contract with US teleradiology provider AMRADNET, slashing deployment time from 12 months to just 45 days.
Ada Torres
Ada Torres
20 May 2026
Ex-CEO Geoff Cockerill has initiated court proceedings against Vitura Limited, alleging breaches of the Fair Work Act related to his January 2026 departure. Vitura maintains all contractual obligations were met and plans to resolve the dispute swiftly.
Ada Torres
Ada Torres
20 May 2026
Close the Loop Limited has sold its ISP Tek Services business for US$10 million, slashed US$16 million of debt, and set an optimistic EBITDA target of $14 million to $16 million for FY27, signalling a sharper focus on its packaging and resource recovery strengths.
Victor Sage
Victor Sage
20 May 2026
IMEXHS Limited exceeded FY25 revenue and EBITDA guidance, driven by strategic contract wins and AI-powered workflow automation. The company projects stronger software growth and sustained profitability in FY26.
Ada Torres
Ada Torres
20 May 2026
GenusPlus is set to transform its business with a $400 million acquisition of MPC Kinetic, diversifying into gas and water sectors and boosting earnings per share by nearly 60%. The deal is backed by a $200 million placement and expanded debt facilities.
Victor Sage
Victor Sage
20 May 2026