Latest Recurring Revenue News

Excite Technology Services has secured $1.05 million through convertible notes, aiming to capitalise on its strongest operational cash flow quarter and accelerate growth.

Aerometrex has won multiple government contracts worth $2.5 million over three years, reinforcing its position as a trusted local provider and enhancing revenue visibility.

icetana AI has landed a significant $2.1 million contract renewal and expansion with its largest customer, Middle East retail giant Majid al Futtaim Properties, reinforcing its foothold in large-scale security AI.

Cyclopharm Limited has responded to ASX queries clarifying the material significance of its Technegas® contract with the US National Institutes of Health, while confirming robust progress in expanding its US footprint.

SRJ Technologies has inked a new Service Level Agreement with Gecko Middle East Petroleum, potentially worth US$4.8 million, while advancing talks on further multi-year contracts in the Gulf region.

Felix Group Holdings has appointed seasoned tech leader Chris Atkin as CEO, aiming to drive growth and integrate its Nexvia platform. Atkin’s track record in scaling SaaS businesses signals a strategic push for disciplined expansion.

Advanced Innergy Holdings Ltd (AIH) has acquired Imenco Aqua AS, enhancing its marine technology platform with patented aquaculture solutions and recurring revenue streams in key global markets.

Peppermint Innovation has attracted a strategic A$2.1 million investment from key Philippine payments companies, accelerating its digital wallet platform’s growth in the country’s fast-evolving market.

Stakk Limited defies the tech sector slowdown by securing nine new institutional clients in February, adding $1.67 million in annualised recurring revenue and reinforcing its AI-driven platform’s market traction.

Stakk Limited reports a robust 222% quarterly revenue growth in 2025, with an $8.53 million annual recurring revenue run-rate and a strengthened balance sheet. The company also refines its accounting treatment of contingent consideration following its Radical-DBX acquisition.

Complii FinTech Solutions reported a $1.35 million loss for H1 FY26 alongside a 6% increase in annual recurring revenue, driven by strategic platform upgrades and expanding client engagement.

Nexion Group Ltd reports a striking turnaround to a $6.3 million net profit in H1 2026, driven by gains from subsidiary sales, while continuing operations still face losses amid efforts to regain ASX trading status.