Latest It Services News

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RAS Technology Holdings has boosted its annualised recurring revenue to $21.1 million, driven by strategic acquisitions and a flurry of new contracts. The company’s expanding global footprint signals strong momentum heading into FY26.
Sophie Babbage
Sophie Babbage
28 May 2025
NoviqTech and Livium have partnered to digitise and tokenise the environmental benefits of battery recycling, aiming to enhance transparency and compliance in the critical minerals supply chain.
Victor Sage
Victor Sage
28 May 2025
ALS Limited has successfully completed a $350 million institutional placement, issuing 21 million new shares to fund key laboratory upgrades and maintain financial flexibility. The company also launched a $40 million share purchase plan to further support its growth ambitions.
Victor Sage
Victor Sage
28 May 2025
Goodman Group reports steady progress in Q3 FY25 with a robust $13.7 billion development pipeline and strong demand for logistics and data centre infrastructure, reaffirming its FY25 Operating EPS growth forecast of 9%.
Eva Park
Eva Park
28 May 2025
Web Travel Group Limited reported a robust 22% increase in Total Transaction Value for FY25, despite a 14% dip in EBITDA due to margin pressures and higher costs. The company is strategically investing in supply and technology to target $10 billion TTV by FY30.
Victor Sage
Victor Sage
28 May 2025
Web Travel Group Limited has reported a robust 22% increase in total transaction value following its strategic demerger, yet earnings were weighed down by margin compression and operational costs. The company is recalibrating its strategy to stabilize margins and pursue ambitious growth targets.
Victor Sage
Victor Sage
28 May 2025
Infratil Limited reported a robust FY2025 with operational EBITDAF nearing NZ$1 billion, driven by strong performances across its core infrastructure sectors and a strategic capital raise to fuel CDC Data Centres’ expansion.
Nora Hopper
Nora Hopper
28 May 2025
Smartpay has reported an 8.5% rise in consolidated revenue for FY2025, driven by growth in Australia and a bold entry into New Zealand’s acquiring market. However, investments in technology and market expansion have weighed on EBITDA.
Claire Turing
Claire Turing
28 May 2025
Smartpay Holdings Limited posted solid FY25 financials with revenue surpassing $104 million, driven by Australian market gains and promising New Zealand pilot progress. The company is advancing its trans-Tasman payments strategy amid regulatory developments.
Claire Turing
Claire Turing
28 May 2025
Smartpay Holdings Limited reported a 9% increase in revenue to NZD 104.7 million for FY2025 but recorded a net loss and suspended its dividend, signaling challenges ahead despite top-line growth.
Claire Turing
Claire Turing
28 May 2025
REA Group has confirmed it is under investigation by the ACCC concerning its subscription offerings, signaling potential regulatory scrutiny for the property tech giant.
Sophie Babbage
Sophie Babbage
27 May 2025
Teaminvest Private Group has called off its planned acquisition of Enva Australia due to ongoing delays in meeting key conditions, though the move won’t affect its financials. The companies remain on good terms despite the termination.
Claire Turing
Claire Turing
27 May 2025