Latest Saas Solutions News

Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.

Locate Technologies has successfully raised $168,915 through its At-the-Market Facility, reinforcing its financial position as it continues to develop its delivery optimisation platforms.

Locate Technologies has successfully raised nearly $400,000 through its ATM facility, bolstering its cash reserves to support growth in its delivery optimisation platforms.

Audinate Group Limited is set to acquire US-based Iris Studio Inc for up to US$28 million, enhancing its cloud-based video production and remote camera control capabilities. This strategic move aims to integrate Iris’s AI-powered platform with Audinate’s Dante ecosystem, targeting growth in video and AV control sectors.

Locate Technologies has raised an additional A$239,180 through its At-the-Market facility and expanded its Bitcoin treasury to over 10 BTC, reinforcing its financial strategy amid growth plans.

TechnologyOne Limited has reported a robust first half for FY25, with annual recurring revenue exceeding $500 million well ahead of schedule and profit before tax climbing 33%. The company’s SaaS+ platform and strategic acquisition of CourseLoop are driving growth and positioning it for ambitious long-term targets.

TechnologyOne has reported record half-year results, boosting full-year profit growth guidance to 13%–17%, driven by its pioneering SaaS+ ERP platform and strategic expansion.

Technology One Limited has reported a record half-year performance, with revenue up 19% and net profit after tax rising 31%, driven by strong SaaS growth and strategic acquisitions.

Infomedia Limited has announced an on-market share buyback of up to 5% of its issued capital, signalling confidence in its financial strength and commitment to shareholder value. The buyback will be executed over the next 12 months, leveraging the company’s robust cash reserves.

Infomedia Ltd reported a steady 2% revenue increase and an 11% rise in NPATA for H1 FY25, alongside a strategic 50% stake acquisition in European AI startup Intellegam, signaling a push for innovation and global expansion.

Bridge SaaS Limited has recorded its first cashflow positive quarter, driven by strong growth at Brightside and strategic moves into the NDIS and DES sectors. The company is advancing plans for a tailored NDIS 'lite' SaaS offering aimed at smaller providers.

FinTech Chain Limited reports a robust increase in cash balances and positive operating cash flow for Q3 2024, alongside new contract wins and ongoing legal proceedings related to a past misappropriation case.