May 2026

2 Cheap Cars Group held its ground in a challenging FY26, delivering a net profit after tax of $3.2 million amid rising carbon costs and softer vehicle sales, supported by a robust second-half recovery and record finance penetration.

TradeWindow reported a 20% rise in FY26 revenue to NZ$9.6 million with annual recurring revenue surpassing NZ$10 million. The company narrowed its EBITDA loss and is targeting breakeven in FY27 while advancing its AI-driven FreightAI platform.

Green Cross Health lifted net profit by 28% to NZD 20.4 million in FY26, driven by stronger medical funding and pharmacy revenue growth, while preparing to launch a new Primary Health Organisation.

Tourism Holdings Limited (THL) has received a revised acquisition proposal from a BGH-led consortium offering NZ$3.10 per share. Meanwhile, THL has downgraded its FY26 profit guidance and raised its net debt forecast amid ongoing global travel uncertainties.

Chorus has reported a rise in its fibre regulated asset base to NZD 6 billion for 2025, alongside a significant NZD 101 million under-earn on its maximum allowable revenue, resulting in a NZD 76.3 million wash-up balance to be carried into the next regulatory period.

Global Lithium Resources has completed a strategic placement raising A$7.32 million from Lopal, cementing a key partnership and advancing its Manna Lithium Project toward a final investment decision.

Canterbury Resources reaffirms its commitment to Central Queensland copper exploration by clarifying details of its acquisition of the Monto Project, highlighting the John Hill deposit’s significant inferred resource and plans for deep drilling in 2026.

Racura Oncology has locked in an underwriting agreement covering nearly 1.84 million expiring options, ensuring up to $2.3 million in fresh capital to back its cancer drug development programs.

Hawk Resources has dispatched materials for a $1.97 million non-renounceable entitlement offer priced at 3 cents per share, offering shareholders free options and a chance to apply for shortfall shares.

Betashares Capital Ltd has released estimated monthly distribution amounts for May 2026 for 20 ETFs trading on the ASX AQUA market, with payments scheduled for mid-June. These figures are preliminary and subject to adjustment in the final announcement.

QEM Limited has pushed back the deadline to complete due diligence on its planned acquisition of two U.S. critical minerals projects, citing legal and environmental concerns that require further investigation.

8I Holdings Limited boosted its investment gains sixfold to S$1.28 million in FY2026, driven by U.S. tech equities, yet geopolitical turmoil and currency swings led to a reduced net loss of S$0.36 million.

Novo Resources Corp has closed Tranche 2 of its placement, raising approximately C$1.93 million and issuing options to joint lead managers and participants, while Northern Star retains a near 10% stake.

GDI Property Group has finalised the sale of the last five properties in its Autoleague Portfolio for $42.75 million, delivering total gross proceeds above $145 million and a strong 13% IRR for investors.

Ventia Services Group has landed a NZD 125 million contract to maintain and renew roads for New Zealand's Far North District Council, marking a significant expansion of its infrastructure services footprint.

Immuron Limited has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed information but pointing to a recent CEO presentation as a possible driver.

Magnum Mining pivots to exploration-led growth, focusing on its Brazilian Piracanjuba rare earth project with a major drilling campaign and fresh leadership, supported by a $7 million capital injection.

Volt Group reported an 8% revenue decline in FY25 amid strategic shifts but is poised for growth with the 4D Delta acquisition driving a 150% revenue surge in Q1 FY26.

Infragreen launches a strategic review revealing a $10 million on-market buyback and potential asset sales to address significant undervaluation despite strong FY26 growth forecasts.

ReadCloud Limited’s 1H26 results reveal robust growth in school-focused businesses, with cash receipts up 22% and operating cash flow rising 10%, positioning the company to outperform its FY26 earnings guidance.

FirstWave Cloud Technology posted a cash-flow positive Q3 FY26 with a 125% jump in customer receipts and locked in landmark contracts with Banobras and Services Australia, underpinning its AI-driven compliance strategy.

Champion Iron Limited reported a 19% increase in net profit to C$168.7 million for FY2026, driven by record production and sales, progress on its DRPF project, and the strategic acquisition of Rana Gruber.

Pure Resources (ASX: PR1) has closed a $3 million placement, issuing 12 million shares after shareholder approval, while also issuing options and advisory shares to support exploration and cutting-edge carbon nanotube fibre research.

Botala Energy’s Pitse Pilot well 3.5B at the Serowe CBM Project in Botswana has reached total depth, intersecting coal seams as predicted and advancing toward flow testing and commercial production.