ASX Stories - Page 5

Australian Stories

ASX stories

Superloop appoints Jason Ashton to leadership role

Superloop has appointed Jason Ashton as Group Executive for Corporate Development & Smart Communities, boosting its leadership team.

By Imee Dequito • 2 min read • Wed, 5th Feb 2025

Crypto

DigitalX raises USD $15.4m with placement & rights issue

DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.

By Sean Mitchell • 2 min read • Wed, 18th Dec 2024

Advanced Persistent Threat Protection

Cyber Security Act passed into law

Australia's Parliament has passed the Cyber Security Act, mandating businesses to report ransomware payments within 72 hours to bolster national security.

By Dan Pearce • 5 min read • Thu, 28th Nov 2024

Fintech

Scalare Partners becomes first tech accelerator to list on ASX

Scalare Partners has launched its trading on the ASX, marking it as Australia's first early-stage tech accelerator to list, raising AUD $4.3 million.

By Sean Mitchell • 2 min read • Mon, 18th Nov 2024

Clean technologies

Study reveals gaps in ASX firms' e-waste reporting

Research by Sircel reveals just 19% of top Australian firms report e-waste in sustainability reports, despite it being the world's fastest-growing waste stream.

By Shannon Williams • 3 min read • Wed, 23rd Oct 2024

Artificial Intelligence

TCS brings innovative heart health project to Australian runners

TCS is expanding its Future Athlete Project to Australia, using Digital Twin Heart tech to aid First Nations runners and tackle heart health disparities.

By Imee Dequito • 4 min read • Wed, 18th Sep 2024

ASX

WiseTech Global reports 28% revenue surge in FY24

WiseTech Global reports stellar FY24 with a 28% revenue rise to AUD $1,041.7 million and a robust EBITDA margin. New products and agreements fuel optimism.

By Sean Mitchell • 3 min read • Wed, 21st Aug 2024

Health Technologies

Birchal report highlights AUD $64.5m rise in equity crowdfunding

An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.

By Catherine Knowles • 4 min read • Wed, 24th Jul 2024

ASX

Atturra projects 35% revenue jump, acquires Exent for AUD $6m

Atturra forecasts FY24 revenue to exceed AUD $240 million, up 35%, with EBITDA between AUD $25 million and AUD $26 million. Exent acquisition aims to boost consulting capabilities.

By Sean Mitchell • 4 min read • Mon, 15th Jul 2024

Wall Street

Stake upgrades web platform with advanced investing tools

Australian investment platform Stake has launched a new web platform with enhanced features. This platform provides investors with more sophisticated tools to manage their portfolios and make informed decisions.

By Kaleah Salmon • 3 min read • Thu, 21st Mar 2024

Unified Communications

Swoop Holdings reports robust growth in mid-year results

Swoop Holdings reports a 17% year-on-year revenue increase in half-year results, attributing this robust growth to successful acquisitions and a subscriber increase to over 160,000.

By Kaleah Salmon • 3 min read • Wed, 6th Mar 2024

ASX

Aeeris reports steady Q2 earnings & continued risk assessment growth

Aeeris, a leading risk assessment company, demonstrated solid financials in Q2 FY24, highlighting a $2.25m cash reserve, no debt, and rising revenue from new and recurring sources, largely led by its Hail product suite.

By Sean Mitchell • 2 min read • Thu, 1st Feb 2024

Global Stories

ASX stories

Crypto

CoinFlip Wallet launches in Australia & New Zealand

CoinFlip has launched its Wallet service in Australia and New Zealand, enhancing the ease of cryptocurrency transactions for users in the region.

By Melania Watson • 3 min read • Tue, 19th Nov 2024

Hyperscale

HMC Capital acquires iseek platform for AUD $400 million

HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.

By Sean Mitchell • 3 min read • Fri, 15th Nov 2024

Transparency

Creating a culture of belonging for every board member

Creating a culture of belonging on boards is crucial for leveraging diverse perspectives, driving innovation, and enhancing long-term organisational performance.

By Nithya Das • 5 min read • Thu, 29th Aug 2024

Application Programming Interface

State Street Corporation expands Fund Connect ETF portal globally

State Street Corporation is set to go global with its Fund Connect ETF portal due to soaring demand, primarily from Europe and the APAC region, increasing automation's efficiency and reducing risk.

By Sean Mitchell • 3 min read • Tue, 13th Feb 2024