Latest It Services News

TPG Telecom has finalised the sale of its fibre network and fixed business to Vocus Group for $5.25 billion, setting the stage for a significant capital management overhaul.

MCS Services Limited reported a solid cash position and positive operating cash flow for the June 2025 quarter while advancing discussions on selling its Traffic Business subsidiary.

Skin Elements Limited advances its proprietary SE Formula biotechnology with ECO-Nurture poised for commercial rollout in 2026, alongside progress in disinfectant and sunscreen product lines.

Excite Technology Services has reported its highest-ever quarterly customer receipts of $6.3 million, driven by strong growth across its cybersecurity, digital forensics, and IT services divisions. The company also secured a significant $676,000 Federal Government contract and completed its NANGU Tactical Centre.

RBR Group Limited is strategically positioning itself to capitalise on the restart of major LNG projects in Mozambique, advancing joint ventures and raising capital to meet anticipated demand.

Mustera Property Group advances its North Fremantle McCabe Street project with a planned sales launch in Q3 2025, while settling two Forbes Residences units for $4.6 million, underpinning positive cash flow and refinancing benefits.

IMEXHS Limited reported steady Q2 FY25 revenue with an 11% rise in annual recurring revenue, supported by a $2.6 million capital raise and operational advances including a major Mexican contract win.

Victor Group Holdings delivered a positive net operating cash flow of $586k in the June 2025 quarter, driven by its cloud services and e-learning segments, while maintaining a healthy cash position and no external debt.

Alvo Minerals has progressed multiple prospects at its Palma Copper-Zinc Project in Brazil, secured $1.56 million through an entitlement offer, and expanded its mining services division, positioning itself for growth.

Swift Networks reports positive FY25 cash flow and EBITDA, secures new mining contracts, and progresses its next-generation Swift Access 2026 platform poised to accelerate growth.

Cadoux Limited has made significant progress in developing its high purity alumina and rare earths projects, advancing engineering design, customer engagement, and funding strategies during the June 2025 quarter.

Fintech Chain Limited reported a mixed quarter with strong customer receipts and new IoT SaaS product launch, while finalising its ASX delisting. The company’s cash position tightened amid loan repayments and rising operating costs.