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Technology
Audinate Shares Plunge After Underwhelming Quarterly Performance and Adjusted Outlook
October 22, 2024 03:13 PM AEDT| By Team Kalkine MediaKey Points,Audinate Group experienced an,11.7% drop,in its share price on 22 October 2024.,The company reported an unaudited quarterly gross profit of,US$7.2 million,(AU$10.6 million), falling short of expectations amid various operational challenges...
Praemium Reports Growth in Funds Under Administration and Positive Net Inflows for September Quarter
October 22, 2024 03:08 PM AEDT| By Team Kalkine MediaKey Points,Praemium's total funds under administration (FUA) reached,$59.4 billion,for the quarter ending September 30, 2024, marking a,33% increase,from $44.6 billion a year ago.,The company reported,$139 million,in net inflows for the quarter, a su...
Advanced Braking Technology Secures Global Distribution Agreement with RaptorTech for BrakeiQ System
October 22, 2024 03:06 PM AEDT| By Team Kalkine MediaKey Points,Advanced Braking Technology Ltd (ABT) has entered a significant global distribution agreement with RaptorTech Pty Ltd to distribute the innovative BrakeiQ auto braking system, enhancing safety in commercial vehicles.,BrakeiQ is designed fo...
Audinate Group Ltd (ASX: AD8) Faces Challenges in FY25 Q1 Trading Update
October 22, 2024 01:21 PM AEDT| By Team Kalkine MediaHighlights,Audinate,reports challenges in FY25 Q1, gross profit falls.,Softer demand and industry headwinds expected to persist into Q2 FY25.,Positive outlook for long-term growth despite current hurdles.,Audinate Group Ltd (ASX: AD8) has provided a...
Super Funds Reassess WiseTech Holdings Amid CEO Allegations
October 21, 2024 05:20 PM AEDT| By Team Kalkine MediaHighlights,Superannuation funds reconsider WiseTech Global holdings amid CEO allegations.,WiseTech shares dropped following CEO legal proceedings.,Ethical concerns prompt internal review by WiseTech’s board.,Australia’s largest superannuation funds a...
Chrysos Corporation (ASX:C79) expects EBITDA to double in FY25
October 21, 2024 04:38 PM AEDT| By Team Kalkine MediaHighlights,In FY24, C79’s EBITDA surged by 156% YoY to AUD 8.98 million; however, the company reported a net loss of AUD 0.7 million,C79 is expanding internationally, though indirect costs are becoming progressively incremental.,The company forecasts...
WiseTech Global Ltd (ASX: WTC) Shares Plunge 12% Amid Controversy
October 21, 2024 04:34 PM AEDT| By Team Kalkine MediaHighlights:,WiseTech shares drop 11.7% in early trading, extending losses to over 18% in a week.,Controversies surrounding CEO Richard White spark emergency board meetings.,The future of WiseTech remains uncertain as the board reviews recent allegati...
Bigtincan Records 9% Increase in Shares Amid Nasdaq Listing Plans
October 21, 2024 04:04 PM AEDT| By Team Kalkine MediaHighlights:,Bigtincan Holdings is set to merge with Investcorp AI Acquisition Corp, paving the way for a Nasdaq listing in early 2025.,Existing shareholders will retain approximately 75% ownership in the new entity, Bigtincan Limited.,The merger is a...
Richard White Reduces Stake in WiseTech Once Again
October 21, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Richard White continues to reduce his stake in,WiseTech,.,White sold over 350K shares between October 11 and October 17.,WiseTech,shares have seen a rise of more than 60% this year.,WiseTech Global Ltd (AX:WTC) has once again seen its bill...
WiseTech Global Reviews Allegations Involving CEO Richard White
October 21, 2024 11:29 AM AEDT| By Team Kalkine MediaHighlights,WiseTech,Global reviews allegations against,CEO,.,Richard White settles case involving millions.,Board,monitors,the situation closely.,The board of WiseTech Global (ASX:WTC) has initiated a review in response to allegations made against th...
AnteoTech Shares Surge Over 15% Following ASX Query Response and Key EV Order Announcement
October 18, 2024 05:07 PM AEDT| By Team Kalkine MediaHighlights,AnteoTech shares rose by over 15% following the announcement.,Mercedes-Benz Partnership - Confirmed as the buyer of AnteoTech’s Ultranode™ battery anode.,Ultranode™ Technology is designed to enhance EV battery performance, addressing the g...
Institutions and Individual Stakeholders of Tyro Payments Limited (ASX:TYR) Face 11% Value Loss
October 18, 2024 03:54 PM AEDT| By Team Kalkine MediaHighlights:,Individual investors hold a significant 55% stake in Tyro Payments, influencing management and strategic decisions.,Institutional investors own 29% of the company, indicating a level of confidence from financial institutions.,The top 25 s...
Nanoveu (ASX:NVU) Rises as AI Chip Testing Begins
October 18, 2024 02:55 PM AEDT| By Team Kalkine MediaHighlights,Nanoveu surges after starting AI chip testing.,Focus on benchmarks for person detection and image classification.,Potential applications include drones and smart home systems.,Nanoveu (ASX:NVU) has seen a notable rise in its stock price, c...
Planet Mainframe Welcomes New Editor and Producer for Cheryl Watson’s Tuning Letter
October 18, 2024 12:00 AM AEDT| By EIN PresswirePlanet Mainframe. Resources and education for Mainframers. Mainframe Performance Tuning Insights Newsletter Tuning Letter Continues To Evolve and Set the Standard for Mainframe Knowledge I can sleep e...
An Examination of XRO Shares as a Growth Candidate
October 17, 2024 03:39 PM AEDT| By Team Kalkine MediaHighlights:,Xero Ltd has experienced a significant share price increase of 32.6% since the start of 2024, reflecting strong market performance.,Washington H Soul Pattinson & Company Ltd is currently 4.1% away from its 52-week high, indicating sustain...
Netwealth Group Limited Under Increased Market Scrutiny
October 17, 2024 03:25 PM AEDT| By Team Kalkine MediaHighlights:,Netwealth Group Limited has a price-to-sales (P/S) ratio of 27x, significantly higher than the average for the Capital Markets industry in Australia, where many companies exhibit P/S ratios below 5.7x.,The company has experienced impressi...
SleepImage and Bird Healthcare Join Forces to Transform Home Sleep Diagnostics
October 17, 2024 12:11 AM AEDT| By EIN PresswireDENVER, CO, UNITED STATES, October 16, 2024 /EINPresswire.com/ -- SleepImage (MyCardio, LLC) has partnered with Melbourne, Australia-based Bird Healthcare (Pty Ltd) to bring cutting-edge home sleep te...
Insider Purchases Totaling AU$804.1k Noted at dorsaVi
October 16, 2024 10:00 PM AEDT| By Team Kalkine MediaHighlights:,Insider Buying Trend:,Several insiders at dorsaVi Ltd have made recent purchases, suggesting confidence in the company's prospects.,Recent Transactions:,While there has been notable insider selling, the overall trend for the past year sho...
Tyro Payments Shares Fall Amid Government Crackdown on Surcharges
October 15, 2024 02:25 PM AEDT| By Team Kalkine MediaHighlights,Tyro Payments shares drop amid proposed government policy changes.,Federal crackdown targets debit card surcharges.,Reserve Bank begins a review of retail payment costs.,Tyro Payments Limited,(ASX: TYR),experienced a sharp decline in its s...
EP&T Global Expands with Acquisition of Coda Cloud’s UK Assets
October 15, 2024 12:17 PM AEDT| By Team Kalkine MediaHighlights,EP&T Global,acquires,UK-based Coda Cloud Ltd.,Focus on expanding presence in UK railway and telecom markets.,Deal expected to be cash flow positive in the first year.,EP&T Global, an energy optimization company, has completed the acquisiti...
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