Latest Platform Strategy News

Invion Limited has secured a $2 million non-dilutive grant from the South Korean government to advance preclinical studies for oesophageal cancer, expanded its global Photosoft technology license, and raised $1.3 million via convertible notes to strengthen its financial position.

Assetora Limited has strengthened its financial footing by securing over $4 million in capital commitments and resolving all legacy administration matters, positioning itself for a potential ASX reinstatement.

Assetora Limited has raised $1.535 million through three placements, including a second investment from Creative Capital Management, to advance its alternative-asset platform.

Light & Wonder, Inc. reported a 3% revenue increase for Q3 2025, driven by its Gaming and iGaming segments, alongside completing the Grover acquisition and refinancing debt with $1 billion in senior notes.

Axiom Properties Limited reports strong growth in its PaySure division, launches a new Settlement Advance product, and secures $1 million in fresh capital as it prepares to rebrand as Axtec Limited.

SiteMinder reported robust FY25 results with 27.2% revenue growth and positive profitability, driven by its AI-integrated Smart Platform strategy. The company reaffirms strong FY26 guidance as it scales its hotel revenue management solutions globally.

Streamplay’s subsidiary Noodlecake Studios has launched Flick Shot Rogues on Steam, achieving the top spot in the Popular Upcoming Games chart and strong community traction ahead of its official release.

Compumedics has secured FDA clearance for its single-use Somfit®D device, effectively doubling its addressable U.S. home sleep testing market to an estimated US$240 million annually. This milestone positions the company to capture significant market share with a dual-platform EEG-based solution.

Spenda Limited reported a 106% surge in revenue to $11.1 million for FY25, driven by acquisitions and expanded services, yet posted a substantial $24.3 million net loss largely due to goodwill impairment. The company’s strategic moves and funding needs highlight a pivotal phase ahead.

SiteMinder Limited reported a strong FY25 with accelerated recurring revenue growth and, for the first time, positive underlying EBITDA and free cash flow, driven by its Smart Platform initiatives. The company sets ambitious guidance for FY26, aiming to scale its innovative hotel distribution and revenue management products globally.

SiteMinder Limited reported a 17.7% revenue increase to $224.3 million in FY2025, alongside a reduced net loss and positive underlying EBITDA, driven by its innovative Smart Platform strategy and expanding customer base.

Pharmx Technologies has reported a 13% revenue increase to $7.5 million for FY25, driven by expanded partnerships and platform innovations, despite a dip in EBITDA due to heavy investment.