Latest Software It Services News

Infomedia Ltd shares will halt trading following the Supreme Court of NSW's approval of a takeover scheme by a TPG Capital-backed entity. This marks a pivotal moment for the software company as it transitions to private ownership.

Infomedia Ltd has announced a fully franked special dividend of 2.9 cents per share, payable in late November, linked to its pending acquisition by McQueen BidCo Pty Ltd.

Stakk Limited's trading suspension has been lifted following the announcement of a finalized agreement for a significant new customer contract, signaling renewed investor confidence.

Nexion Group has finalized the sale of its Nexion Networks and Blue Sky Telecom subsidiaries, pivoting its focus towards AI-driven business intelligence through Fuse Forward.

Resmed Inc. kicked off fiscal 2026 with robust 9% revenue growth and a notable 290 basis points gross margin expansion, signaling strong momentum in home healthcare innovation. The company also declared a $0.60 dividend and executed a $150 million share buyback, underscoring confidence in its strategic direction.

Motio Limited has reported a remarkable financial turnaround for the year ended June 30, 2025, with profit after tax more than doubling and Cash EBITDA soaring by 291%. Despite these gains, the company has opted not to declare a dividend.

Vection Technologies reported a 9.6% revenue increase to $36 million and a 25.3% reduction in net loss for FY2025, driven by operational improvements and a key acquisition.

WiseTech Global has announced a fully franked ordinary dividend of USD 0.077 per share for the first half of FY25, with a Dividend Reinvestment Plan available to eligible shareholders.

RPMGlobal Holdings Limited reported a striking 448% increase in net profit for FY2025 alongside significant changes in its subsidiary portfolio, signaling a transformative year for the software services company.

Kinatico Limited has reported a robust 12% increase in revenue and a striking 45% rise in profit after tax for the financial year ended June 2025, underscoring solid operational momentum despite no dividend payouts.

Energy One Limited (ASX – EOL) delivered a robust FY25 performance, posting 17% revenue growth to $61.4 million alongside a 74% surge in net profit, underpinned by strong market expansion and strategic investments in cybersecurity and product innovation.

AdNeo Limited has completed its acquisition of Learnt Global Group, secured $5.65 million through a placement, and significantly reduced its debt, marking a pivotal step in its growth strategy.