Latest Recurring Revenue News

SRJ Technologies has completed a key acquisition of a UAE entity linked to a Middle Eastern National Oil Company, positioning itself for direct contracts with regional energy giants and expanding its asset integrity services across the Middle East.

hipages Group reported a robust FY25 with revenue up 10%, EBITDA rising 20%, and free cash flow surging 162%, underpinned by strategic platform migration and subscription model shifts.

hipages Group has delivered a strong FY25 performance, achieving key strategic milestones and robust financial growth, setting the stage for continued momentum in FY26.

hipages Group reported a 10% revenue increase for FY25, driven by strong SaaS platform adoption and operational efficiencies, despite a 33% net profit decline influenced by prior year gains.

EVZ Limited reported a 9% revenue decline to $108 million in FY2025, driven by a slowdown in its Energy and Resources sector, yet achieved an 8% rise in EBITDA reflecting improved profitability. The company’s net profit after tax fell 42%, impacted by tax adjustments, as it pursues margin expansion and growth through acquisitions.

Symal Group is set to acquire Locale Civil for up to $35 million, securing a $230 million civil works contract and enhancing its earnings from the first year. This move strategically expands Symal’s footprint in Australia’s utilities infrastructure sector.

Aspermont launches its new Mining-IQ data platform, partners with Rio Tinto to digitize historic mining archives using AI, and raises A$1.75 million from European investors to fuel growth.

Swift Networks has renewed a $2.4 million contract to provide continuous technical support and entertainment services across three Chevron sites, reinforcing its foothold in the Oil and Gas sector.

Objective Corporation Limited reported a robust FY2025 with 15% growth in annualised recurring revenue, driven by strong SaaS adoption and strategic AI integration across its GovTech portfolio.

Objective Corporation reports robust FY2025 results with strong recurring revenue growth and deepening AI integration, setting ambitious targets for FY2026.

Objective Corporation reported solid FY2025 results with 5% revenue growth and a 15% jump in Annualised Recurring Revenue, underpinned by significant R&D investment and a strong subscription model.

Objective Corporation Limited reported a solid 5% revenue increase to $123.5 million and a 13% rise in net profit after tax to $35.44 million for FY2025, alongside a strategic acquisition that broadens its e-planning software portfolio.