🔥 Wednesday 21 May 2025 Wed, 21 May 2025
45 Big Stories
Delta Lithium Expands Yinnetharra Footprint with 1,750km² Aston Acquisition
Delta Lithium has significantly expanded its Yinnetharra Lithium and Tantalum Project by acquiring the Aston Project, adding 1,750 square kilometres to its tenure and reinforcing its dominant position in Western Australia's Upper Gascoyne region.
21 May
Maxwell Dee
Light & Wonder Sets $1.4B AEBITDA Target Amid Grover Integration
Light & Wonder unveiled ambitious growth targets and strategic plans at its 2025 Investor Day, spotlighting strong financial momentum and the integration of Grover Charitable Gaming. The company aims for $1.4 billion consolidated AEBITDA in 2025, underpinned by robust R&D and market leadership.
21 May
Victor Sage
SEEK Eyes Top-Half FY25 Growth on AI and APAC Expansion
SEEK Limited projects strong FY25 revenue and earnings in the top half of guidance, driven by AI-powered product innovation and expanded market reach across Asia-Pacific.
21 May
Sophie Babbage
HTM and SSH Mining Partner to Unlock Mt Fisher Gold Stockpiles
High-Tech Metals has signed a joint venture with SSH Mining to drill, test, and sell historic low-grade gold stockpiles at Mt Fisher, aiming for early cash flow and project advancement.
21 May
Maxwell Dee
Plenti Group Accelerates Cash NPAT by 126%, Eyes $3bn Loan Book in 2026
Plenti Group Limited reported a stellar FY25 with a 126% surge in Cash NPAT to $13.8 million, driven by robust loan portfolio growth and operational efficiency. The fintech lender is targeting a $3 billion loan book by March 2026, leveraging technology and strategic partnerships.
21 May
Claire Turing
Plenti Accelerates Growth with 126% Cash NPAT Surge and $2.5B Loan Book
Plenti Group Limited reported a robust FY25 with a 126% jump in Cash NPAT to $13.8 million and a 19% increase in its loan portfolio to $2.5 billion, driven by technology enhancements and strategic partnerships.
21 May
Claire Turing
Plenti Group Surges to $24.8M Profit After Prior Year Loss
Plenti Group Limited has reported a remarkable turnaround with a $24.8 million profit for the year ended March 2025, reversing a loss from the previous year. The fintech lender also announced its upcoming Annual General Meeting and director nomination deadlines.
21 May
Claire Turing
DBI Boosts Terminal Charges and Distributions Amid $394m Capital Push
Dalrymple Bay Infrastructure Limited reported robust FY-24 results, announcing a 3.6% rise in terminal charges and a 6.5% increase in distribution guidance, underpinned by a $394 million capital investment program.
21 May
Nora Hopper
Webjet Group Delivers Steady FY25 Earnings Amid Domestic Travel Headwinds
Webjet Group posted a solid FY25 financial performance with underlying EBITDA up 1% despite a 7% drop in bookings, supported by growth in international travel and disciplined cost management. The company maintains a strong cash position and sets FY26 guidance in line with current results.
21 May
Victor Sage
Webjet Group Charts Growth Path After Solid FY25 Debut as Independent ASX Entity
Webjet Group Limited reports resilient FY25 results following its recent demerger, with a strategic plan to double transaction value by FY30. Despite macroeconomic headwinds, the company maintains strong cash reserves and outlines ambitious growth initiatives.
21 May
Victor Sage
Catapult Surpasses US$100M ACV Mark with Record FY25 Profitable Growth
Catapult Group International Ltd reported a milestone FY25 with ACV exceeding US$100 million, driven by strong SaaS growth and record profitability. The company’s innovative product launches and improved cost efficiencies underpin a confident outlook for FY26.
21 May
Sophie Babbage
Catapult Surges Past US$100M ACV with Record US$8.6M Free Cash Flow
Catapult Group International has reported a milestone FY25, surpassing US$100 million in Annualized Contract Value and delivering a record US$8.6 million in free cash flow, underscoring its growing dominance in sports technology.
21 May
Sophie Babbage
Catapult Group Boosts Revenue 16.5%, Narrows Loss Amid SaaS Expansion
Catapult Group International Ltd reported a 16.5% increase in revenue to $116.5 million for FY25, driven by strong subscription growth and improved operational efficiency. The company narrowed its net loss after tax to $8.8 million, signaling progress in its global sports technology strategy.
21 May
Sophie Babbage
Yandal Resources Advances Siona Discovery with New Drilling Insights
Yandal Resources has unveiled comprehensive diamond drilling results from its Siona discovery, revealing broad zones of gold mineralisation with promising higher-grade veins. The company is set to launch a significant air-core drilling campaign at Caladan, aiming to expand its exploration footprint.
21 May
Maxwell Dee
Mineral Resources Nearly Doubles Onslow Iron Reserves in Major Update
Mineral Resources Limited has reported a significant expansion in the Onslow Iron Project’s Mineral Resources and Ore Reserves, underpinning its long-term growth strategy in iron ore production.
21 May
Maxwell Dee
White Cliff Minerals Hits 90m at 4% Copper from Surface at Rae Project
White Cliff Minerals has delivered compelling assay results from its Rae Copper Project in Nunavut, revealing continuous high-grade copper mineralisation from surface and securing $14.4 million for ongoing 2025 drilling.
21 May
Maxwell Dee
Renergen Set for US Acquisition in Strategic Helium and Isotopes Merger
Renergen Limited is poised to be acquired by US-based ASP Isotopes Inc. in a deal that aims to create a powerhouse in critical helium and isotope supply chains. The merger promises expanded market access and strategic value across key industries.
21 May
Maxwell Dee
ASPI to Acquire Renergen, Forming Global Critical Materials Powerhouse
ASPI Isotopes Inc. has agreed to acquire Renergen Limited in an all-share deal, creating a vertically integrated global entity focused on critical materials for semiconductors, medical isotopes, and green energy. The transaction addresses Renergen’s liquidity challenges and positions the combined company for growth across multiple strategic sectors.
21 May
Maxwell Dee
SGH Reaffirms FY25 Growth, Targets Deleveraging to 2.0x Amid Operational Excellence Drive
SGH Ltd has reaffirmed its FY25 guidance for high single-digit EBIT growth while targeting a net debt to EBITDA ratio of 2.0x by year-end, underpinned by disciplined capital allocation and operational improvements across its diversified industrial, energy, and media businesses.
21 May
Victor Sage
James Hardie Asbestos Liabilities Rise to $1.47 Billion Amid Surge in Mesothelioma Claims
KPMG's latest actuarial report reveals a slight increase in asbestos-related disease liabilities for former James Hardie entities, driven by a notable rise in mesothelioma claims and evolving actuarial assumptions.
21 May
Victor Sage
James Hardie Eyes Growth with AZEK Deal After Solid FY25 Performance
James Hardie Industries plc reported a slight dip in FY25 sales and profits but met guidance, while announcing a transformative acquisition of The AZEK Company Inc to accelerate growth and synergies.
21 May
Victor Sage