Latest It Services News

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AVITA Medical reported a robust 67% increase in first quarter 2025 revenue, driven by new product launches and a strategic commercial overhaul, while reaffirming its full-year growth and profitability targets.
Ada Torres
Ada Torres
9 May 2025
REA Group has posted robust growth in its Q3 results, driven by strong buyer demand and strategic product enhancements across its digital real estate platforms.
Sophie Babbage
Sophie Babbage
9 May 2025
Civmec Limited reported a steady Q3 FY25 with revenue of A$158.5 million and a strengthened order book now exceeding A$760 million, positioning the company for future growth despite near-term project delays.
Victor Sage
Victor Sage
9 May 2025
Macquarie Bank Limited reported an 18% rise in net profit for FY2025, driven by growth in its retail banking segment despite margin pressures, while its commodities business faced subdued markets. The bank maintained strong capital ratios and advanced its risk and technology frameworks amid regulatory scrutiny.
Claire Turing
Claire Turing
9 May 2025
Macquarie Group Limited reported a 5% increase in net profit to A$3.715 billion for FY2025, driven by growth in asset management and banking segments alongside a robust capital and liquidity position.
Claire Turing
Claire Turing
9 May 2025
Macquarie Group reported a 5% rise in full-year net profit to A$3.715 billion for FY25, driven by growth across its diversified businesses and a solid capital position. The group’s assets under management reached A$941 billion, supported by strong home loan and deposit growth.
Claire Turing
Claire Turing
9 May 2025
Macquarie Group reported a 5% increase in full-year net profit to A$3.7 billion for FY25, driven by strong second-half growth and robust asset management performance. The company declared a final dividend of A$3.90 per share and extended its share buyback program.
Claire Turing
Claire Turing
9 May 2025
Macquarie Group Limited has posted a 5% increase in net profit for FY2025, driven by strong asset management and banking growth, while advancing its sustainability and digital innovation agenda.
Claire Turing
Claire Turing
9 May 2025
AF Legal Group has resolved a significant legal claim related to a senior lawyer's 2022 hire, incurring up to $600,000 in costs, while navigating an ongoing regulatory probe. Despite these challenges, the firm remains optimistic about improved profitability in the second half of FY25.
Victor Sage
Victor Sage
8 May 2025
Aeris Resources has executed a $60 million refinancing deal with Washington H. Soul Pattinson, extending debt facilities and unlocking working capital, while maintaining its FY25 copper and gold production guidance. The company’s strategic focus on expanding copper output, particularly through the Constellation deposit, signals a confident growth trajectory.
Maxwell Dee
Maxwell Dee
8 May 2025
Generation Development Group (GDG) has forged a strategic alliance with BlackRock, combining local market leadership with global investment expertise to develop innovative retirement income solutions for Australian retirees.
Claire Turing
Claire Turing
8 May 2025
Smartgroup reports a solid start to 2025 with stable revenue and a surge in electric vehicle leasing orders, while cautiously navigating evolving government incentives and market conditions.
Claire Turing
Claire Turing
8 May 2025