Latest Technology Transformation News

Endeavour Group reported steady overall revenue for FY25, buoyed by a 4.1% rise in hotel sales that offset a 1.2% decline in retail liquor. The company also reduced net debt by $187 million amid strategic cost savings and a leadership transition.

Endeavour Group reported a slight revenue decline and a 16% drop in profit for FY25, alongside significant leadership changes including the appointment of a new CEO. The company is advancing its technology separation and sustainability initiatives while maintaining dividend payments.

IMDEX Limited posted a modest 3% revenue decline in FY25 but delivered a robust 15% rise in EBITDA and a striking 70% jump in net profit, driven by strong growth in digital and SaaS platforms. The company’s strategic acquisitions and sustained R&D investment position it well for future expansion.

EQT Holdings Limited reported a robust FY25 with a 60% jump in net profit and record funds under management, while completing a major acquisition integration and raising dividends.

Xamble Group Limited is accelerating its transformation into Southeast Asia’s premier influencer marketing platform, reporting strong H1 revenue growth and launching a strategic rights issue to fund expansion and technology upgrades.

Judo Capital Holdings Limited reported a robust FY25 with a 16% loan book expansion and a 14% rise in underlying profit before tax, underpinned by operational leverage and strategic regional growth.

ASX Limited reported a robust FY25 with revenue and underlying profit growth, while navigating regulatory scrutiny following a major settlement incident. The company advances its technology transformation and sustainability agenda as it seeks to rebuild trust and deliver shareholder value.

I Synergy Group Limited has formalised a A$300,000 contract with Treasure Global Inc. to supply AI-focused GPUs and specialised software, marking a strategic step in its technology evolution.

Insurance Australia Group (IAG) reported a robust 51.3% increase in net profit after tax for FY25, driven by premium growth, operational efficiencies, and favourable natural peril experience. The company also announced strategic alliances with RACQ and RAC, poised to significantly expand its market footprint.

Spark New Zealand is selling 75% of its data centre business to Pacific Equity Partners for up to $705 million, aiming to accelerate capacity expansion amid rising cloud and AI demand.

Iress Limited has reported a 19% increase in underlying earnings per share for its continuing business in the first half of 2025, completing a major transformation and reaffirming its full-year guidance despite revenue pressures from divestments.

Bridge SaaS Limited reports steady cash flow and strategic focus on AI and robotics to transform disability care under the NDIS framework.