Latest Recurring Revenue News

Spacetalk Ltd has locked in $10 million through a two-tranche share placement, aiming to fund platform enhancements, inventory growth, and a major network migration.

Memphasys secures exclusive Felix™ commercialisation agreement in Poland, marking its third European market entry with a two-year contract valued at approximately A$350,000.

Light & Wonder's Q2 2026 sees net income jump 26% to $120 million, driven by strong Gaming and iGaming growth. The company sticks to its 2026 outlook, targeting mid- to high-single-digit EBITDA growth and aims to reduce leverage below 3.0x by mid-2027.

AoFrio’s revenue fell 21.5% in 1H26, dragged down by a 50.5% plunge in motor sales due to US tariffs, while IoT revenue grew modestly. The company launched new cellular and software platforms, raised NZD 8.9 million, and is expanding into Food Retail, but full-year revenue growth now looks unlikely.

Unith Ltd has issued over 222 million securities, raising $1 million via share placement and converting $500,000 of debt to equity, while attaching options await shareholder approval.

Acusensus has landed a statewide contract in Kentucky to provide real-time speed enforcement at highway work zones, with initial orders worth US$2.1 million and potential expansion to US$20 million over five years.

FlexiRoam has landed a two-year master agreement with Etihad Airways to provide global connectivity for staff, aircraft data, and pilot iPads, reinforcing its enterprise growth strategy.

EROAD has appointed David Leach as CEO, effective October 2026, aiming to leverage his SaaS scaling expertise to accelerate growth and develop an AI-native platform.

Talius Group has secured a $1.65 million three-year deal to deploy its Talius One platform across three Queensland aged care facilities, boosting annual recurring revenue by $134,602 and deepening its relationship with Adventist Retirement Plus.

Pentanet has reported an 8% revenue increase to $24.4 million and a 74% rise in EBITDA to $2.4 million for FY26, driven by its expanding cloud gaming platform and resilient telecommunications base.

Vista Group International posted a 12% revenue increase in 1H26, driven by cloud adoption and marquee client wins, prompting an upgrade to its full-year revenue forecast.

IMEXHS Limited posted a 21% revenue increase in Q2 FY26, driven by a landmark public tender in Mexico deploying its AI-powered Aquila+ radiology platform. The company’s proprietary AI agents are now operational in live environments, supporting its strategy to own the full radiology workflow.