Latest Platform Expansion News

Praemium Limited reported robust FY25 results with revenue climbing 24.6% to $103 million and net profit after tax soaring 55% to $13.56 million, underpinned by strong growth in funds under administration and strategic product launches.

Felix Group Holdings Limited reported a reduced net loss for FY25 alongside a 20% growth in enterprise ARR and a strategic acquisition of Nexvia to accelerate its supply chain platform expansion.

Wrkr Ltd reported a 10.8% revenue increase to $10.63 million and narrowed its net loss to $2.62 million for FY2025, while securing $15 million in fresh capital to accelerate growth amid upcoming PayDay Super reforms.

MA Financial Group reported a robust 30% revenue increase for the first half of 2025, yet statutory net profit fell sharply by 44%, highlighting a complex financial landscape as the firm prepares to acquire IP Generation.

QuickFee Limited reports a robust 25% revenue increase in FY25 alongside a return to profitability, setting a confident earnings guidance for FY26 backed by its expanding Connect platform.

Janison Education Group reported a 9% revenue increase to $47 million in FY25, driven by new contracts and strong ICAS performance, while launching its AI-powered assessment platform Jai. The company also refreshed its leadership and expanded its customer pipeline to $28.6 million.

Felix Group Holdings has completed a fully underwritten A$16 million placement at a premium, aiming to acquire Nexvia and boost its SaaS platform expansion. A follow-up Share Purchase Plan will offer existing shareholders a chance to participate.

Pharmx Technologies reported a 13% increase in FY25 revenues to $7.53 million, driven by strong growth across its Gateway and Marketplace platforms. The company maintained positive EBITDA and a solid cash position despite legal expenses, setting the stage for an ambitious FY26 growth strategy.

Audinate reported a 33% revenue decline in FY25 due to OEM inventory adjustments but boosted gross margins to 82.1% through a software shift and completed the strategic Iris acquisition, setting the stage for growth in FY26.

Audinate Group Limited reported a 32% revenue decline and a net loss in FY25 amid industry headwinds, while expanding gross margins and completing a strategic acquisition to boost its video capabilities.

KNeoMedia reports steady progress toward ASX reinstatement, underpinned by successful capital raises and significant expansion of its KneoScience educational platform in partnership with the New York City Department of Education.

Decidr AI Industries reported an 82% revenue jump in its AI platform during Q4 FY25, launched AI Mentors with The Growth Faculty, and divested its 13Seeds business to sharpen focus on AI innovation.