Latest It Services News

Baby Bunting Group delivered a 6.5% revenue rise to $556 million in FY26, alongside a 33.9% jump in pro forma net profit after tax, driven by its Store of the Future refurbishments and margin expansion.

Green Cross Health CEO Rachael Newfield will step down in January 2027 following the sale of the Medical division, paving the way for a new pharmacy-centric leadership role.

Global X Metal Securities Australia Limited has refreshed its prospectus for five classes of precious metals securities, maintaining physical bullion backing and ASX AQUA listing, with detailed disclosures on structure, fees, risks, and tax implications.

Austco Healthcare has completed the $2.24 million acquisition of Medical Communications Systems, transitioning its long-term South Australian reseller into a direct sales operation to deepen market engagement.

Mayfield Childcare's Mayfield 360 division has achieved registration as an NDIS provider, enabling it to expand early intervention support services and transition from pilot to billable operations.

ECP Emerging Growth Limited reported a sharp 20.4% portfolio decline in FY2026 amid sector-wide challenges, yet declared a fully franked final dividend of 3.15 cents per share, supported by realised gains and reserves.

Bell Financial Group surged to a $21.7 million half-year profit, more than doubling its net profit on stronger markets and the launch of its Bell Potter Private Wealth platform. The company also lifted its interim dividend by 67%, reflecting confidence in its diversified financial services model.

Straker Limited’s forensic probe into its US subsidiary uncovers an increased fraud tally of US$5.2 million, prolonging delays to its FY26 audited results and ASX trading suspension.

Coast Entertainment updates valuations for its Dreamworld and SkyPoint assets, revealing a $52 million immediate uplift for Dreamworld following expanded land use approvals and a $14.7 million increase for SkyPoint.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Sequoia Financial Group has scrapped its fully franked interim dividend for the half-year ended December 2025, citing ongoing Federal Court proceedings and related legal claims. The Board prioritises capital preservation and risk reduction as the company navigates complex litigation tied to its InterPrac subsidiary.

Locality Planning Energy (ASX:LPE) has acquired PowerHub, boosting its embedded network presence by nearly 19% in sites and 12% in service points, while extending into Tasmania and South Australia.