Latest It Services News

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.

SSH Group has signed a binding agreement to acquire Total Contract Mining, enhancing its mining services capabilities and appointing key industry leaders to drive growth.

ANZ Group Holdings Limited delivered its strongest half-year revenue and profit to date, buoyed by the full contribution from Suncorp Bank and a robust capital position despite regulatory challenges.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance of $215 million to $245 million, driven by recent acquisitions and growth in construction materials and renewable energy sectors.

Regis Healthcare reveals strong first-half FY25 financial results with rising occupancy and earnings, while gearing up for significant regulatory reforms under the new Aged Care Act effective July 2025.

NSX Limited has successfully closed a $1.13 million capital raising placement, issuing 45.2 million shares at 2.5 cents each, aligning with its prospectus targets. This move strengthens the company’s financial footing as it continues to develop its alternative stock exchange platform.

Spectur Limited appoints Anthony Schmidt as CEO, accelerating its transition to a scalable SaaS model and targeting operational cashflow neutrality by mid-2025 amid a $3 billion addressable market.

ARC Funds Limited has secured $1.4 million through equity and debt to complete a strategic acquisition of a majority stake in The Term Deposit Shop, expanding its footprint in Australia's term deposit market.

Westpac Banking Corporation reported a 9% decline in net profit for the first half of 2025, reflecting margin compression and higher costs, while advancing its digital transformation and sustainability agenda.

TPG Telecom reported robust 2024 financials, expanded its mobile network coverage to 98.4% of Australians, and announced a strategic $5.25 billion fibre asset sale to Vocus Group, setting the stage for a leaner, more agile business in 2025.

Kelsian Group signals a cautious FY25 outlook with EBITDA tracking at the lower end of guidance, while advancing strategic tourism divestments and securing key contract renewals.

Ampol Limited has unveiled its 2025 strategic roadmap focusing on refinery upgrades, retail expansion, and energy transition initiatives, aiming to boost margins and operational efficiency.