Latest It Services News

SRJ Technologies has successfully raised A$2.53 million through its entitlement offer, positioning the company to advance a significant joint venture and acquisition in the Middle East.

BrainChip Holdings reports a significant revenue surge and reduced losses in H1 2025, underpinned by new contracts, strategic collaborations, and an expanded funding agreement.

EVZ Limited reported solid FY2025 results with an 8% increase in revenue to $108 million and a 20% rise in EBITDA, underpinned by operational improvements and a robust contract backlog exceeding $90 million.

Sky Network Television Limited reported a solid FY25 performance within guidance, overcoming satellite migration challenges and economic pressures, while raising dividends and completing the acquisition of Discovery NZ.

GLG Corp has significantly revised its profit guidance for FY2025, now expecting a net loss of up to $1.5 million, a sharp increase from earlier estimates.

Cryosite Limited reported a 12% increase in revenue for FY25, driven by a 58% surge in its ultra-frozen and cryogenic segment, while deferring dividends to fund expansion plans.

Wrkr Ltd reported a 10.8% revenue increase to $10.63 million and narrowed its net loss to $2.62 million for FY2025, while securing $15 million in fresh capital to accelerate growth amid upcoming PayDay Super reforms.

Vonex Limited shareholders are set to vote on a court-approved scheme of arrangement for Maxo Telecommunications to acquire the remaining 30.6% stake, offering a significant premium. The scheme promises a timely cash exit amid sector uncertainties.

Aerometrex has confirmed Robert Veitch as its new CEO and Managing Director, following a strategic overhaul that delivered $2 million in annual cost savings and boosted its MetroMap revenue stream.

Symal Group is set to acquire Locale Civil for up to $35 million, securing a $230 million civil works contract and enhancing its earnings from the first year. This move strategically expands Symal’s footprint in Australia’s utilities infrastructure sector.

Aspermont launches its new Mining-IQ data platform, partners with Rio Tinto to digitize historic mining archives using AI, and raises A$1.75 million from European investors to fuel growth.

Swift Networks has renewed a $2.4 million contract to provide continuous technical support and entertainment services across three Chevron sites, reinforcing its foothold in the Oil and Gas sector.