Latest It Services News

Australian Unity Limited has agreed to acquire Plena Healthcare for $70 million, significantly scaling its Home Health services and workforce. The move aims to create one of Australia's leading integrated healthcare providers, pending regulatory approval.

Yugo Metals Limited has launched a $100,000 capital raising through a new options offer, aiming to bolster working capital while navigating significant geopolitical and operational challenges in Bosnia and Herzegovina.

Pentanet Limited has secured a $2 million finance facility to fund the final payment for its 5G spectrum licence, reinforcing its growth strategy in telecommunications and cloud gaming.

Connexion Mobility reported steady revenue growth and a 7% increase in net profit before tax for Q4 FY25, driven by expanding SaaS subscriptions and strategic product enhancements.

TAL Dai-ichi Life Australia has obtained all necessary regulatory approvals, including from APRA, to finalize its minority investment in Challenger Limited, acquiring a 19.9% equity stake.

Mesoblast has reported a strong commercial debut for Ryoncil, the first FDA-approved mesenchymal stromal cell therapy for pediatric steroid-refractory acute graft-versus-host disease, generating US$13.2 million in gross revenue in its initial quarter. The company is advancing regulatory and clinical milestones while expanding insurance coverage across the US.

Eureka Group Holdings has acquired Emerald Tourist Park in Queensland, marking its sixth acquisition since a major capital raise and reinforcing its strategy in affordable rental accommodation.

Mount Hope Mining has received regulatory approval to commence its maiden drilling program at the Mt Hope Project, targeting three high-potential gold prospects in New South Wales.

Robex Resources reports steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025. Key construction milestones and drilling results underpin confidence in the project’s near-term potential.

Golden State Mining advances its Western Australia gold exploration with promising air-core drilling results at Southern Cross East and a significant tenement expansion at Yule, setting the stage for a major exploration push.

EVZ Limited has issued earnings guidance for FY2025, forecasting revenue between $108 million and $110 million with EBITDA expected around $5.2 million to $5.4 million. The final audited results will be released in late August.

Capral Limited has agreed to acquire Perth-based aluminium systems distributor Comsupply Ltd, aiming to strengthen its foothold in Western Australia’s building systems market.