Latest Telecommunications News

Argent BioPharma reports significant operational savings through manufacturing outsourcing, encouraging Phase IIb results for CimetrA®, and key regulatory approvals for cannabinoid therapies in Germany.

Beonic Limited reported a 6.5% increase in annual recurring revenue to $17.8 million and a significant gross margin improvement to 75.5%, driven by new global contracts and disciplined cost management. The company targets cash flow breakeven in Q4 FY25 and an EBITDA margin of up to 15%.

Novatti Group Limited has achieved a key turnaround milestone by reporting positive cash EBITDA of $100k in Q3 FY25, alongside record quarterly revenue of $13.4 million and improved margins in its core Payments AU/NZ business.

SportsHero Limited has made significant strides in commercialising its iGV Family Game Pass, securing key partnerships with major Southeast Asian telecom operators and expanding its market footprint to the Philippines.

Vection Technologies has successfully raised $3.55 million, exceeding its initial $2 million target, following a robust Q3 FY25 performance marked by a 92% increase in cash receipts and a significant boost in recurring revenue.

BSA Limited reported a robust Q3 FY2025 with revenue and EBITDA growth, but faces significant contract reductions and plans a major restructure to adapt its business model.

AUCyber Limited has announced a significant reshuffle of its leadership team, appointing Chris Wright as CEO and welcoming three new non-executive directors, signaling a strategic pivot for the cyber security firm.

5G Networks Limited has closed its on-market takeover offer for AuCyber Limited, acquiring an 89.685% stake but falling short of the 90% threshold needed for compulsory acquisition.

NAOS Small Cap Opportunities Company Limited reveals that BSA Limited, a significant investee, was not selected for the new NBN Field Services Contract, potentially impacting NAOS’s investment returns.

BSA Limited has been verbally informed by NBN Co that it is unlikely to secure the new Field Services Contract, a deal that accounted for about 80% of its FY2024 revenue. The company is now evaluating strategic options amid this significant setback.

Vection Technologies has inked a three-year SaaS agreement with Mexican telecom giant Totalplay, marking a strategic push into Latin America with its Enworks XR platform.

Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.