Latest Technology Sector News

Infotrust has agreed to sell its Cloud & Communications segment, Nexgen, to Aussie Broadband for $50 million, marking a decisive pivot towards cyber security. The move prompts withdrawal of FY26 earnings guidance as the company reshapes its future.

Perpetual Equity Investment Company Limited reported a robust net profit increase for the first half of 2026 and maintained its fully franked interim dividend, reinforcing its commitment to reliable shareholder income amid market uncertainties.

Nuix Limited has reported robust half-year results for 1H26, highlighted by a 148% increase in Nuix Neo Annualised Contract Value and a significant boost in profitability and cash flow.

Pharmx Technologies has entered a multi-year strategic alliance with Sigma Healthcare, becoming the preferred EDI provider for Sigma and Chemist Warehouse across Australia and New Zealand, while Sigma takes a significant equity stake.

IMDEX Limited has reported its strongest first half ever, with revenue climbing 16% to $247 million, driven by robust market share gains and key acquisitions that broaden its mining technology portfolio.

FortifAI Limited has raised $5 million through a strategic placement led by a major Australian institutional fund manager, reinforcing its balance sheet and accelerating its AI development and commercialisation plans.

Megaport Limited reported a robust 49% increase in Annual Recurring Revenue to A$338 million for H1 FY26, driven by organic growth and key acquisitions. The company raised its FY26 revenue guidance and delivered strong EBITDA growth while expanding its global footprint.

Impact Minerals’ 50%-owned Alluminous has hit a key milestone by shipping its first batch of high purity alumina to U.S. battery innovator C4V, advancing pilot plant operations and product qualification.

Codan Limited has reported a robust half-year performance for FY26, with revenue climbing 29% and net profit after tax jumping 55%, underpinned by strong demand in communications and metal detection sectors. The company also announced a 56% increase in its interim dividend, signalling confidence in sustained growth.

PlaySide Studios has secured a global publishing agreement with Swedish developer MVRX Games for the upcoming co-op platformer 'Dew', aiming for a 2028 PC and console release. This deal marks a strategic expansion of PlaySide’s publishing portfolio, backed by a multi-million AUD investment.

Enero Group’s half-year results reveal a 6.3% revenue decline but a striking 119% surge in adjusted profit, alongside strategic leadership changes and a steady dividend.

Knosys Limited reported a 4.6% revenue increase to $5.07 million for the half-year ending December 2025, driven by stronger licence and project fees. However, the company’s net loss widened significantly to $1.53 million, reflecting heavy investment in its next-generation Libero X library management system.