Latest Network Services News

Activeport says revenue across Software, Network and Services is tracking above FY26 average levels in the opening quarter, while a completed restructure has cut annualised costs by $2 million. Underlying quarterly cash consumption is also reported to be 34% lower, although the company has not disclosed absolute revenue or cash figures.

Activeport Group Ltd’s FY26 results show a 36% revenue decline to $6.15 million and a net loss of $14.7 million, driven by strategic shifts towards recurring software revenue and AI infrastructure orchestration. The company launched its own national network in Australia and expanded internationally with new subsidiaries and leadership hires.

Resonance Health (ASX: RHT) reported a profitable turnaround in FY26, driven by growth across its imaging software, clinical trial services, and site network businesses.

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.

Locality Planning Energy has consolidated its debt into a $7.2 million Westpac facility, lowering borrowing costs and freeing capital to back a $5.8 million development pipeline.

Locality Planning Energy (ASX:LPE) posted positive operating cash flow for FY26 and secured three residential development partnerships, while planning to refinance its debt facilities to boost capital efficiency.

Activeport signs GOIP Globalnet to its Global Edge network, marking the third international carrier deal in a week and reinforcing its strategy for recurring revenue growth.

AnteoTech has secured independent validation for its Ultranode™ 95 silicon anode in commercial drone battery cells, launched a new battery additive, and strengthened its cash position with a A$10 million capital raise.

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.

Megaport has successfully closed the retail portion of its AUD 827 million entitlement offer, raising AUD 308 million through the issuance of 21.6 million new shares priced at AUD 14.30 each. The retail offer's Top Up Facility was oversubscribed and scaled back to allocate all available shares to participating shareholders.

PEXA Group has dismissed any undisclosed information behind its recent share price drop, attributing market moves to a preliminary IPART pricing consultation paper.

Synertec Corporation Limited has reported a robust first half of FY26, with a 20% increase in group revenue and a significant $135 million engineering tender pipeline, underscoring its growing footprint in energy technology and engineering services.