Technology

The former Mighty Kingdom has recast itself as Fortifai (ASX: FTI), pairing an established mobile games studio with a pre-launch artificial-intelligence venture, Nol8. Here is what the market is actually weighing.

Xero's FY26 result showed operating revenue up 31% to NZ$2.75 billion and its Rule of 40 back above 48%, as the newly acquired Melio payments business recasts the group's American ambitions.

The online employment group has shed close to half its market value over the past year and slipped to a statutory loss in the December 2025 half, yet company insiders have been buying the dip.

Hansen Technologies, the ASX-listed billing software provider to energy and telecom utilities worldwide, is drawing fresh investor scrutiny as sharply higher earnings and a recurring-revenue base collide with integration risk from recent acquisitions.

TechnologyOne (ASX: TNE) delivered record recurring revenue in the first half of FY26 and reaffirmed full-year guidance, yet the shares have lagged. We weigh the growth engine against the risks.

A three-year partnership with US-listed IonQ and a fresh capital raise have pushed Archer Materials, one of the ASX's few pure-play quantum names, back onto retail investors' radar in mid-2026.

Reckon has reshaped itself from a broad software house into a leaner, cash-generative small-cap. With FY2025 profit up sharply and a single-digit earnings multiple, does the market underrate it?