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The Aussie AI Data Centre debate: profit, power & public trust
Edge Computing

The Aussie AI Data Centre debate: profit, power & public trust

Australia's AI boom could add GBP £58 billion, but energy shortages, bubble fears and local backlash are clouding the data centre rush.

By Anthony Caruana • 9 min read • Yesterday
Novatti posts AUD $2.0 million EBITDA after restructure
Fintech

Novatti posts AUD $2.0 million EBITDA after restructure

Gross margin climbed to 51% as Novatti shed lower-margin businesses, helping it swing to AUD $2.0 million EBITDA and near break-even operations.

By Karen Joy Bacudo • 4 min read • Yesterday
xReality Group posts record results as defence sales grow
Software-as-a-Service

xReality Group posts record results as defence sales grow

Defence training demand helped lift annual revenue 43% to AUD $20 million, while xReality Group cut its net loss to AUD $0.1 million.

By Sean Mitchell • 4 min read • 2 days ago
Project firms back profit rise as CFO role expands
Digital Transformation

Project firms back profit rise as CFO role expands

Project-based firms are betting on tighter financial controls and AI to lift margins, even as most still lack integrated systems.

By Karen Joy Bacudo • 4 min read • Last week
Everpure raises outlook after record second-quarter revenue
Software-as-a-Service

Everpure raises outlook after record second-quarter revenue

Higher demand for AI and hyperscale products helped lift revenue 38% to USD $1.2 billion, prompting Everpure to raise full-year guidance.

By Sean Mitchell • 4 min read • Last week
CrowdStrike lifts outlook after record ARR quarter
Software-as-a-Service

CrowdStrike lifts outlook after record ARR quarter

Strong demand for its Falcon platform and AI security tools helped CrowdStrike lift full-year guidance after record quarterly ARR growth.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Certinia study finds integration key to AI success
Digital Transformation

Certinia study finds integration key to AI success

Organisations with fully integrated systems were far more likely to see AI deliver profits, expansion and better forecasts, a global study found.

By Mark Tarre • 4 min read • Last week

Stories from Other Regions

Financial results stories

Stakk swings to AUD $1.07 million operating profit
Software-as-a-Service

Stakk swings to AUD $1.07 million operating profit

The turnaround was driven by surging customer receipts and cash inflows, though auditors still expect to flag a going-concern uncertainty.

By Karen Joy Bacudo • 3 min read • Yesterday
Toshiba Australia profit falls as revenue & cash drop
Supply Chain

Toshiba Australia profit falls as revenue & cash drop

Weaker revenue and cash generation drove Toshiba Australia's annual profit down to AUD $1.529 million, despite steady pretax earnings.

By Karen Joy Bacudo • 5 min read • Yesterday
NEC New Zealand loss widens as revenue falls to NZD $13m
Biometrics

NEC New Zealand loss widens as revenue falls to NZD $13m

Revenue fell sharply and a NZD $1.318 million property impairment deepened NEC New Zealand's annual loss to NZD $3.7 million.

By Karen Joy Bacudo • 4 min read • Yesterday
Sony New Zealand profit falls as revenue slips to NZD $53m
Risk & Compliance

Sony New Zealand profit falls as revenue slips to NZD $53m

Weaker sales and a higher tax charge halved Sony New Zealand's annual profit as operating cash flow also dropped sharply.

By Karen Joy Bacudo • 4 min read • Yesterday
Transpower profit rises as grid investment ramps up
Clean technologies

Transpower profit rises as grid investment ramps up

Rising electrification demand is driving a bigger build-out of New Zealand's grid, with approved projects set to lift capital spending further.

By Karen Joy Bacudo • 5 min read • Yesterday
NTT New Zealand revenue rises as annual loss narrows
Digital Transformation

NTT New Zealand revenue rises as annual loss narrows

Higher product sales and managed services helped lift revenue at NTT New Zealand, but cash outflows widened and net liabilities grew.

By Karen Joy Bacudo • 4 min read • Yesterday
Sinch partners Coderra on AI messaging for Australia
Software-as-a-Service

Sinch partners Coderra on AI messaging for Australia

Australian retailers will gain automated chat support as the tie-up combines AI agents with Sinch's messaging network across multiple digital channels.

By Sean Mitchell • 3 min read • 2 days ago
Okta beats forecasts & raises full-year revenue guidance
Software-as-a-Service

Okta beats forecasts & raises full-year revenue guidance

Shares surged nearly 20% after the identity software group lifted annual sales guidance on stronger demand and improved profitability.

By Sofiah Nichole Salivio • 4 min read • Last week
Blue Yonder adds AI retail tools for returns & stock
Software-as-a-Service

Blue Yonder adds AI retail tools for returns & stock

Retailers could cut stockouts and returns costs as Blue Yonder links forecasting, fulfilment and customer service in one AI-driven system.

By Sean Mitchell • 4 min read • Last week
Current picks Aiwyn for network-wide platform overhaul
Software-as-a-Service

Current picks Aiwyn for network-wide platform overhaul

The overhaul could standardise systems across nearly 30 partner firms, giving Current better data, billing control and faster client onboarding.

By Karen Joy Bacudo • 4 min read • Last week