Latest It Services News

Pacific Current Group has confirmed key leadership appointments with Michael Clarke named Managing Director and CEO, and Ron Patel taking on the role of Acting CFO, signaling continuity and financial stewardship.

AF Legal Group has reported a record-breaking first quarter for FY26, with revenue soaring 43% year-on-year and profits more than doubling. This strong start reflects strategic growth in legal talent and practice areas ahead of their upcoming AGM.

Axel REE Limited has initiated a new Mineral Resource Estimate at Area B of its Caladão Project in Brazil, aiming to build on its already significant rare earth and gallium resources. This move could further position Caladão as a critical global source beyond China’s dominance.

Propel Funeral Partners reported strong FY25 financial results with revenue growth and a healthy balance sheet, alongside a seamless leadership transition and ongoing acquisition activity.

Computershare Limited reported a robust FY25 performance with a 15% increase in management EPS and affirmed its FY26 guidance, underpinned by strategic technology investments and capital management initiatives.

EBR Systems has achieved a major commercial milestone with Medicare reimbursement approvals for its wireless cardiac pacing WiSE CRT System, driving a 201% revenue increase in Q3 2025. The company is advancing its Limited Market Release as it scales adoption in the US.

Wisr Limited has refinanced its corporate debt facility, lowering interest expenses and reducing drawn debt, setting the stage for cash NPAT profitability in the second half of FY2026.

AUB Group delivered a robust FY25 with a 17.1% rise in underlying net profit and a 15% dividend increase, while navigating a $45 per share acquisition proposal from an EQT-CVC consortium.

Navigator Global Investments (NGI) reveals a robust business model focused on minority stakes in alternative asset managers, supported by strategic partnerships and a diversified portfolio. The company targets doubling its EBITDA by 2030 amid strong industry tailwinds.

Activeport Group has landed a major contract to provide orchestration software for a GPU platform in Thailand, marking a significant step into the country’s expanding $10 billion telecommunications market.

Xero Limited reported a robust first half of FY26 with 20% revenue growth and a 42% jump in net profit, driven by the strategic acquisition of Melio and expanded AI capabilities.

Seven West Media shareholders are preparing to vote on a scheme of arrangement for acquisition by Southern Cross Media Group, with the Seven board unanimously recommending approval. The merger promises significant cost synergies and a stronger combined media platform.