Latest Platform As A Service News

Victor Group Holdings delivered a positive net operating cash flow of $586k in the June 2025 quarter, driven by its cloud services and e-learning segments, while maintaining a healthy cash position and no external debt.

FlexiRoam Limited has achieved profitability in Q4 FY25, marking a significant turnaround with a positive EBITDA and net profit. Founder Jefrey Ong is appointed permanent CEO to steer the company’s next growth phase.

Dubber Corporation Limited has achieved underlying operating cashflow breakeven for the first time in its history in Q4 FY25, despite the looming impact of a major contract non-renewal. The company plans to offset margin losses through aggressive cost savings and revenue growth in FY26.

Spenda Limited has partnered with APG Pay to develop a closed-loop corporate credit platform, backed by a $50 million funding commitment, aiming to transform B2B payments across multiple industries starting with corporate travel.

Victor Group Holding Ltd has agreed to acquire a 15% stake in Australian fintech iRich Finance through a share issuance, aiming to enhance its platform and software services without altering its operational independence.

Fintech Chain Limited reported a 24% revenue increase to RMB55.9 million for FY2025 driven by new SaaS products, yet it remains in the red with a net loss of RMB4.8 million. The company has also applied for delisting from the ASX.

Bell Financial Group delivered strong financial results for 2024, driven by growth in technology and product services, but early 2025 shows challenges from market volatility impacting core broking revenues.

Bell Financial Group has reported a robust FY2024 performance, with profit after tax rising 26.4% amid improving market conditions and record Funds Under Advice. The company’s strategic focus on technology and recurring revenue streams underpins its growth trajectory.

Bell Financial Group reported a robust 26.4% increase in profit after tax to $30.7 million for 2024, underpinned by strong performances across all divisions and a declared fully franked final dividend of 4.0 cents per share. The Group is actively pursuing growth through acquisitions and strategic account transfers, positioning itself for a cautiously optimistic 2025.

HUB24 has reported a robust first half FY25 with a 41% jump in underlying EBITDA and upgraded its FY26 platform funds under administration target, underscoring its accelerating market momentum.

Carly Holdings Limited has agreed to merge its car subscription operations with Carbar Holdings in a $3.8 million deal, aiming to create a larger, more competitive player in Australia’s growing car subscription sector.

DXN Limited has landed a $0.6 million contract with Kiribati’s state-owned BwebwerikiNET Limited, boosting its FY25 project wins to $1.8 million and reinforcing its foothold in Micronesia’s critical data infrastructure.