Latest It Services News

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

Control Bionics reports its strongest US revenue in years alongside Australia’s best quarter since 2022, propelled by new product launches and strategic investments.

Latitude 66 Limited’s March 2025 quarterly report highlights a compelling Scoping Study for its flagship KSB Gold-Cobalt Project in Finland, confirming strong economics and promising expansion potential. Concurrently, exploration advances at KSB North and Edjudina, alongside strategic corporate developments.

Siren Gold has committed to a second deep diamond drillhole at its Sams Creek Project, targeting promising gold mineralisation below the current resource. This move could significantly expand the project’s Mineral Resource Estimate amid rising gold prices.

Horizon Minerals reported steady gold production from its Boorara and Phillips Find projects, marking first gold pours under key milling agreements. The company also finalized its merger with Poseidon Nickel, adding critical processing infrastructure and boosting growth prospects.

Energy Action Ltd reported a robust 22.7% increase in revenue to $2.7 million for Q3 FY25, alongside positive operating cash flow and continued investment in its AI-driven Utilibox platform, signaling strong momentum in energy management innovation.

Energy Action Limited has posted a positive net operating cash flow of A$59,000 for the quarter ending March 31, 2025, while maintaining a robust cash balance of A$1.61 million. The company’s latest cash flow report reveals steady financing activity and prudent investment spending.

RemSense Technologies reported a cash flow positive Q3 FY2025 with $420K net cash from operations and $1.403M in customer receipts, underpinned by renewed contracts and strategic partnerships across energy and industrial sectors.

SRJ Technologies reports a 47% drop in Q1 cash receipts but secures significant new contracts and advances a strategic leadership transition aimed at stabilising growth.

Delorean Corporation has achieved a landmark in Australian bioenergy by fully funding its SA1 Salisbury project and securing a renewable gas grid connection, advancing its transition to sustainable energy infrastructure.

Peak Rare Earths made significant strides in the March 2025 quarter, progressing its Ngualla Rare Earth Project, securing A$8.5 million in capital, and benefiting from a surge in rare earth prices driven by growing EV demand and evolving Chinese regulations.

WhiteHawk Limited reported solid Q1 2025 progress with a $2.4 million contract renewal and a landmark $920 million subcontract on a U.S. federal government vehicle, alongside multiple new cyber risk program wins.