Latest Technology Sector News

BirdDog Technology Limited has requested suspension of its shares from ASX trading as it prepares to exit the official exchange list, marking a significant shift for the broadcasting technology firm.

NIMY Resources is set to release its maiden JORC Inferred Resource for gallium at the Mons Project in Western Australia, amid promising copper exploration results and strategic US market partnerships.

L1 Long Short Fund Limited reported a net profit after tax of $99.52 million for FY2025, down 42% year-on-year, yet continues its steady dividend growth with a fully franked final dividend of 6.5 cents per share.

Silex Systems reported a sharp increase in net loss for FY2025 alongside declining revenue and a significant drop in cash holdings. The company’s net tangible asset backing per share also fell markedly.

DroneShield Limited has reported a record half-year performance with revenues soaring 210% to A$72.3 million and a robust sales pipeline exceeding A$2.3 billion, underpinned by rising global defense spending and advanced AI counterdrone technology.

Mach7 Technologies reported a robust FY25 with 16% revenue growth and a strategic pivot towards customer-centric innovation, underpinned by leadership changes and a strong financial position.

Spirit Technology Solutions Ltd has reported a robust FY25 performance, driven by a 58% surge in Cyber Security revenue and a successful turnaround in its Secure Managed Technology segment. The company’s underlying EBITDA soared to $11 million, signaling strong momentum ahead.

DroneShield Limited has reported a landmark first half of 2025, with revenue surging 210% to $72.3 million and securing its largest-ever contract worth $61.6 million, setting the stage for a transformative year.

XPON Technologies has redeemed $1.575 million of convertible notes, raised $0.375 million through a share placement, and secured a $420k loan facility, signaling renewed investor confidence and a stronger financial footing.

DroneShield Limited has reported a remarkable turnaround in the half-year ended June 2025, posting record revenue of $72.3 million and a profit after tax of $2.1 million, reversing last year’s loss. The company also secured its largest-ever contract, signaling strong momentum in the counterdrone technology sector.

ReadyTech Holdings Limited reported a 7.1% increase in revenue to $121.8 million for FY25 but swung to a $16.1 million loss after tax, driven by a significant impairment and strategic investments. The company completed the acquisition of CouncilWise Pty Ltd, aiming to strengthen its local government software offerings.

SiteMinder Limited reported robust FY25 results with a 27.2% constant currency organic ARR increase and a return to positive underlying EBITDA, driven by its innovative Smart Platform and expanding global footprint.