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Technology
ASX Edges Higher as Tech Stocks Boost Gains
October 09, 2024 06:36 PM AEDT| By Team Kalkine MediaHighlights,Tech and consumer stocks push Australian shares higher.,Energy and mining sectors face declines amid commodity pressures.,Notable movements in lithium and utility sectors.,The Australian share market saw an uplift on Wednesday, driven by s...
Understanding Archer Materials' Cash Burn Situation
October 09, 2024 03:57 PM AEDT| By Team Kalkine MediaHighlights,Archer Materials has sufficient cash runway for its operations.,The company’s cash burn has increased, which may reduce its cash reserves more quickly.,Archer Materials can easily raise funds if needed, given its market position.,For compa...
Echo IQ Appoints Dustin Haines as CEO to Drive U.S. Commercialisation Strategy
October 09, 2024 01:14 PM AEDT| By Team Kalkine MediaKey Points:,Dustin Haines has been appointed as CEO of Echo IQ, effective January 10, 2025.,Haines will focus on the U.S. market for commercialisation and market access of Echo IQ's technology.,The announcement led to an 18% increase in Echo IQ's sha...
Titomic Limited to Launch World's First Augmented Reality Software for Cold Spray Systems
October 09, 2024 12:11 PM AEDT| By Team Kalkine MediaKey Points:,Titomic to launch AR Suite, the first AR technology for cold spray systems, integrated into the D523 portable cold spray solution.,The AR Suite offers real-time data visualization, repair standardization, and full traceability, enhancing...
Is SenSen Networks (ASX:SNS) Facing Financial Risk?
October 09, 2024 10:54 AM AEDT| By Team Kalkine MediaHighlights,SenSen Networks has a notable amount of debt compared to its cash reserves.,The company has reported slow revenue growth and a significant EBIT loss.,Its balance sheet shows a potential strain, but not an unmanageable situation.,When asses...
Excite Technology Services Finalises Acquisition of CBIT Digital Forensic Services
October 08, 2024 02:57 PM AEDT| By Team Kalkine MediaHighlights,EXC has acquired 100% of CBIT Digital Forensic Services (CDFS), enhancing its capabilities in Digital Forensics and Incident Response (DFIR).,Financial Terms include $750,000 in cash and 100 million Excite shares priced at $0.015 per share...
Audeara Secures $570,000 Order for Hearing Earbuds in Partnership with Clinico
October 08, 2024 01:40 PM AEDT| By Team Kalkine MediaHighlights,Audeara,secures a $570,000 order for its hearing earbuds from,Clinico,.,The products will be sold exclusively in China and Taiwan under,Clinico’s,branding.,The partnership expands,Audeara’s,footprint in key Asian markets.,Advanced hearing...
Echo IQ Secures FDA Clearance for EchoSolv AS, Advancing Aortic Stenosis Detection
October 08, 2024 01:38 PM AEDT| By Team Kalkine MediaKey Points:,Echo IQ has received FDA 510(k) clearance for EchoSolv AS, allowing it to be marketed as a decision-support aid for severe aortic stenosis detection.,The company is working on securing reimbursement codes to promote wider adoption of Echo...
Droneshield Secures $13.5 Million Contract for Counter-Drone Systems
October 08, 2024 11:54 AM AEDT| By Team Kalkine MediaHighlights,Droneshield,lands a $13.5 million contract from a U.S. government customer.,The contract covers repeat orders of its advanced Counter-,UxS,drone defense systems.,Droneshield's,share price surged over 4% following the announcement.,Droneshi...
Netwealth Group (ASX:NWL) A Wealth Management Platform on the Rise
October 07, 2024 06:29 PM AEDT| By Team Kalkine MediaHighlights,Netwealth shares have risen by 64.84% in 2024.,Netwealth's platform manages over $88 billion in funds for 140,000 account holders.,The company maintains a strong capital position with no net debt and a 62.3% return on equity.,Netwealth Gro...
Tech Stocks in Australia Record Worst Week Since August Amid U.S. Market Pressure
October 04, 2024 03:13 PM AEST| By Team Kalkine MediaKey Points:,Australian technology stocks fall 1.3%, hitting their lowest level since September 26.,The tech sub-index has dropped 1.4% for the week, poised to record its worst week since August 30.,U.S. market weakness, particularly ahead of the U.S....
Animoca Brands and Lamborghini Collaborate to Launch Immersive Digital Platform Fast ForWorld
October 03, 2024 06:20 PM AEST| By Team Kalkine MediaHighlights,Animoca Brands and Lamborghini collaborate to revolutionize digital brand engagement in the automotive industry.,The Fast ForWorld platform will offer immersive experiences and digital collectibles for Lamborghini fans.,Lamborghini's iconi...
SiteMinder Limited (ASX:SDR) Shares Surge 30% Amid Positive Investor Sentiment
October 03, 2024 02:30 PM AEST| By Team Kalkine MediaHighlights,SiteMinder shares surged 30% in the past month.,Strong revenue growth supports its elevated price-to-sales (P/S) ratio.,Future revenue growth is expected to outpace the industry average.,SiteMinder Limited,(ASX:SDR),has experienced an impr...
Xero Ltd (ASX:XRO) A Look at the Growth and Appeal of a Leading Tech Company
October 03, 2024 10:16 AM AEST| By Team Kalkine MediaHighlights,Xero Ltd has seen a 29.4% increase in share price since the start of 2024.,The company offers cloud-based accounting software, primarily targeting small businesses and accountants.,Xero’s high margins, recurring revenue model, and global r...
ASX 200 Dips, But Some Shares Shine: Appen and Life360 Stand Out
October 01, 2024 02:04 PM AEST| By Team Kalkine MediaOn Tuesday, the S&P/ASX 200 Index (ASX: XJO) is struggling to maintain momentum, currently down 0.5% to 8,228.4 points. Despite the overall market downturn, a few ASX shares are defying the trend and making notable gains. Here, we highlight two compa...
Vinyl Group Ltd Expands into European Markets with Serenade Acquisition
September 30, 2024 11:08 AM AEST| By Team Kalkine MediaHighlights,Vinyl Group Ltd,acquires,Serenade to enhance its presence in the UK and European markets.,The deal includes,an initial,payment of $800,000 and a potential earn-out of $1.5 million based on performance targets.,Serenade provides access to c...
RemSense Technologies Ltd (ASX:REM) Expands Chevron Partnership in the USA
September 30, 2024 10:31 AM AEST| By Team Kalkine MediaHighlights,RemSense,Technologies Ltd secures a second contract with Chevron in the USA.,The contract focuses on high-resolution photogrammetry services for an offshore facility.,Expansion into the US highlights,RemSense's,commitment to its global ser...
RemSense Technologies Ltd (ASX:REM) Expands Chevron Partnership in the USA
September 30, 2024 10:31 AM AEST| By Team Kalkine MediaHighlights,RemSense,Technologies Ltd secures a second contract with Chevron in the USA.,The contract focuses on high-resolution photogrammetry services for an offshore facility.,Expansion into the US highlights,RemSense's,commitment to its global ser...
Credit Clear Limited (ASX:CCR) Faces High Valuation Despite Slower Growth
September 27, 2024 10:10 AM AEST| By Team Kalkine MediaHighlights,Credit Clear holds a high P/S ratio of 3.2x.,Revenue growth forecast is lower than the industry average.,Market expectations appear higher than,analyst,projections.,Credit Clear Limited (ASX:CCR) currently has a price-to-sales (P/S) ratio...
Vinyl Group Expands Its Reach with Acquisition of Funkified Entertainment
September 26, 2024 11:52 AM AEST| By Team Kalkine MediaHighlights,Vinyl Group has announced a binding agreement to acquire Funkified Entertainment for $2.5 million.,Funkified Entertainment specializes in corporate events and wedding services, enhancing Vinyl Group’s portfolio.,The acquisition reflects Vi...
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