Latest Network Management News

Universal Store Holdings (ASX:UNI) posted a 12.9% revenue increase to $376.1 million in FY26, driven by strong like-for-like sales and store expansion. Underlying EBIT climbed 17.2% despite a $23.8 million impairment on CTC assets, while net profit after tax fell 21.6%. CEO Alice Barbery will retire in October, succeeded by George Do.

Megaport has posted a 37% jump in FY26 revenue to $312 million, driven by strategic acquisitions and a broadening platform across compute, network, and storage. The company raised over $1 billion to fund AI-focused contracts and infrastructure growth.

Activeport’s Global Edge platform has secured contracts with Spark and ViewQwest, setting the stage for a significant uplift in recurring revenue and international expansion.

Ventia Services Group has landed a NZD 125 million contract to maintain and renew roads for New Zealand's Far North District Council, marking a significant expansion of its infrastructure services footprint.

Amplitude Energy has agreed to buy half of the Artisan gas field from Beach Energy for $58.3 million upfront plus a capped royalty, accelerating gas production and enhancing the East Coast Supply Project’s economics.

FirstWave Cloud Technology delivered a strong Q3 FY26 with a $1.40m net operating cash inflow and a major two-year licensing agreement with Mexico’s Banobras bank, marking a key milestone in its AI compliance pivot.

Ventia Services Group has landed two major Victorian road maintenance contracts worth an estimated $340 million over four years, expanding its footprint across regional and metropolitan Victoria.

Black Cat Syndicate has fully transitioned its Lakewood facility to process ore exclusively from its Fingals and Majestic mines, supported by a $20 million expansion plan to increase capacity and operational flexibility.

Connexion Mobility has secured a key contract to supply its OnTRAC software platform for General Motors Canada’s nationwide rollout of the Enhanced Exposure Program, modernising dealership vehicle management.

FirstWave has unveiled a strategic shift towards AI-powered compliance management, backed by strong user growth for its Open-AudIT platform and significant cost savings from restructuring.

FirstWave Cloud Technology has completed a $2.66 million capital raise alongside operational restructuring and a strategic shift to AI-powered compliance management, positioning itself for growth with renewed key contracts and improved cash flow.

FirstWave Cloud Technology Limited has completed a $2.66 million capital raise alongside an operational restructure, setting the stage for its strategic pivot to AI-powered compliance management. The company expects a cash-flow positive quarter ahead, supported by key contract renewals and anticipated R&D rebates.