IT Brief Australia - Technology news for CIOs & IT decision-makers

Financial results stories

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Fortinet lifts outlook as SASE growth, USD $1bn buyback

Last week
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financial results
Fortinet lifts share buyback by USD $1 billion after double-digit 2025 revenue and billings growth driven by SASE and security operations.
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Point74 launches Pro PLM platform for UK food makers

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financial results
Point74 unveils Pro PLM platform to help UK food manufacturers ditch spreadsheets, centralise recipes and tighten control of margins.
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CapitaLand India Trust lifts FY 2025 payout on growth

Last week
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financial results
CapitaLand India Trust lifts FY 2025 payout as income jumps on new developments, acquisitions and higher interest earnings.
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Security tops 2026 tech spend for Australian retailers

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financial results
Security, privacy and data protection will command the biggest tech spend for Australian retail SMBs in 2026, ahead of AI and global growth.
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Southeast Asia venture funding rebounds on big deals

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financial results
Southeast Asia venture funding surged to USD $3.51 billion in H2 2025 on a handful of large late-stage deals, masking thin overall deal flow.
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LG hits record 2025 sales as tariffs & EV slowdown bite

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financial results
LG posts record 2025 revenue of AUD 88.6 trillion but operating profit slips on U.S. tariffs, EV slowdown and one-off restructuring costs.
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E-commerce growth redistributes across Europe in 2026

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financial results
E-commerce growth is shifting across Europe, with Central and Eastern Europe and the Nordics surging as returns and AI reshape online retail.
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Exclusive: We rank NZ tech distributors by revenue & employees

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financial results
New Zealand’s IT distributors clock over NZD $2.1b in 2024 turnover, with Ingram Micro, Dicker Data and TD Synnex leading the pack.
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IT providers expect wage inflation to ease by 2026

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financial results
Wage inflation at IT solution providers is forecast to cool to historic norms by 2026, boosting margins despite stark regional differences.
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Tech & culture woes plague UK MSPs after M&A deals

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financial results
UK MSPs say post-merger tech and culture clashes are pushing up costs, delaying EBITDA gains and risking client disruption, POPX warns.
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Cerillion appoints Greg Price as new finance chief

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financial results
Cerillion names Greg Price as incoming CFO to replace Andrew Dickson, who will step down from the board in March 2026 after four years.
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Exposing the risks of customer churn using a connected graph

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financial results
Australian firms are using connected graphs to uncover hidden churn risks, predicting departures earlier and sharpening loyalty strategies.
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Five key challenges Australian CFOs will face by 2026

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financial results
Australian CFOs face a turbulent 2026, juggling AI integration, cost pressures, talent gaps, new ESG rules and fragile supply chains.
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Mphasis lifts Q3 revenue as AI deals top USD $428m

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financial results
Mphasis Q3 revenue rises on AI-led projects as it secures new deals worth USD $428m, boosting growth despite flat sequential profit.
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Compumedics posts record H1 sales & affirms FY26 goals

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financial results
Compumedics posts record H1 orders and 32% revenue jump, reaffirms FY26 targets and readies Somfit D launch in US home sleep market.
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Syspro maps AI-led overhaul, M&A push and new brand

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financial results
Syspro plots AI-led overhaul, acquisitive growth and a fresh global brand as it chases cloud-first, subscription-fuelled expansion.
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Persistent revenue grows as AI, cloud deals accelerate

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financial results
Persistent lifts quarterly revenue 17.3% year-on-year to USD $422.5 million as accelerating AI and cloud deals drive larger client wins.
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Preply raises USD $150m to scale AI-backed language app

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financial results
Preply secures USD $150m Series D from WestCap at a USD $1.2b valuation to scale its human-led, AI-backed language learning platform.
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NZ firms lean on scales for new roles, market for old

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financial results
New Zealand employers lean on internal salary scales for new roles, while market guides still dominate pay decisions for familiar positions.
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SNP extends CEO Jens Amail’s contract to December 2030

Last month
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financial results
SNP extends CEO Jens Amail’s contract to December 2030 after record revenue and profit, signalling confidence in its global growth strategy.