Latest It Services News

Macmahon Holdings has bolstered its orderbook with $172 million in underground mining contracts at the Deflector Gold Mine and Genesis Minerals’ Gwalia and Ulysses projects in Western Australia.

Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.

SRJ Technologies has extended its consulting contract with SBM Offshore through to the end of FY25, securing additional revenue and reinforcing its role in FPSO asset integrity solutions.

Monadelphous Group Limited has agreed to acquire Perth-based High Energy Service for $21.5 million, bolstering its footprint in high voltage electrical services and supporting Australia's energy transition.

Dalaroo Metals has announced the immediate resignation of CEO Michael Brown, with the Board stepping in to manage operations during the search for a new leader.

Wingara AG has finalised the sale of its JC Tanloden machinery following shareholder approval, reporting a cash position of $648,000 as it winds down processing operations and explores new opportunities in the agriculture sector.

Lion Energy is making significant strides in its Port of Brisbane green hydrogen project with EPC contract negotiations underway, while gearing up for a key drilling campaign at its East Seram oil prospect in 2025.

ikeGPS delivered a robust 4Q25 with a 48% jump in annual subscription revenue exit run rate and secured major U.S. utility contracts, while declining a $170 million acquisition offer due to shareholder resistance.

Prime Financial Group has acquired Lincoln Indicators, significantly expanding its wealth management platform and client base. The deal is expected to boost recurring revenue and contribute to Prime’s ambitious growth targets.

Prime Financial Group has agreed to acquire Lincoln Indicators, a leading Australian investment research and funds management firm, significantly boosting its wealth management capabilities and client base.

DroneShield Limited has reported a record-breaking first quarter with $33.5 million in revenue, more than doubling year-over-year, supported by a robust $94.4 million in committed purchase orders and a burgeoning SaaS segment. The company’s expansive $1.6 billion sales pipeline and strong cash position set the stage for accelerated growth in the counter-unmanned systems market.

Deep Yellow Ltd disclosed a quarterly cash flow report for Q1 2025, revealing a significant operating cash outflow but a robust cash reserve that supports an estimated 20 quarters of funding runway.