IT MAGNET PTY LTD

ABN 71101960427

Also recorded as IT Magnet Pty Ltd.

Total awarded

$1.4M

Contracts

13

Agencies

4

Annual run-rate

$479K

Growing. Annualised run-rate over the last four complete quarters is 55.1% higher than the four quarters before it.

Contract value over time

IT MAGNET PTY LTD annualised contract run-rate by quarterAnnualised run-rate spreads each contract's value evenly across its term, so a multi-year renewal does not read as a spike in growth. Switch to raw award value to see the value booked on the day each contract was signed. Quarters past the last complete one are work already under contract, not a forecast.already contracted$0$75K$150K$225K$300K2020202120222023202420252026IT MAGNET PTY LTD

Annualised run-rate spreads each contract's value evenly across its term, so a multi-year renewal does not read as a spike in growth. Switch to raw award value to see the value booked on the day each contract was signed. Quarters past the last complete one are work already under contract, not a forecast.

What they supply

Product or service areaValueContractsShare
Computer services$1.2M781.6%
Software$188K212.9%
Professional engineering services$28K12.0%
Computer Equipment and Accessories$22K11.5%
Marine transport$15K11.0%
Management advisory services$15K11.0%

Who buys from them

Department of Defence$742K
Australian Public Service Commission$506K
Department of Industry, Science and Resources$28K
Department of Finance$173K

Ending in the next 12 months

$173K of contracted work reaches its end date. See everything ending soon.

  • IT ServicesDepartment of Finance · ends 2026-08-12$173K

How they win work

64.7% of this supplier's contract value was won through open tender. A low figure means most work is awarded through limited tender, which usually signals an entrenched incumbent.

Recent contracts

  • IT ServicesDepartment of Finance · 2026-04-15$173KAusTender
  • 2024-2565 - Career pathfinder - Phase 6Australian Public Service Commission · 2024-09-30$506KAusTender
  • Internet ServicesDepartment of Defence · 2024-02-08$204KAusTender
  • Computer Support ServicesDepartment of Defence · 2023-12-19$55KAusTender
  • Computer ServicesDepartment of Defence · 2023-10-17$31KAusTender
  • SoftwareDepartment of Defence · 2023-05-09$15KAusTender
  • Professional Advice on functionality and technical accuracyDepartment of Industry, Science and Resources · 2023-02-28$28KAusTender
  • Software supportDepartment of Defence · 2023-02-07$15KAusTender
  • Systems Management ServicesDepartment of Defence · 2022-12-15$15KAusTender
  • Software Maintenance and SupportDepartment of Defence · 2022-11-08$66KAusTender
  • Website DevelopmentDepartment of Defence · 2022-03-08$22KAusTender
  • Redevelopment of WebsiteDepartment of Defence · 2021-07-06$128KAusTender

Compare with similar suppliers

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Federal contracts only. This is published AusTender data for Commonwealth agencies. It does not include state or territory contracts.

Figures are calculated from published AusTender contract notices. Verify on AusTender.

Last recalculated 2026-08-01.