🔥 Wednesday 20 August 2025 Wed, 20 Aug 2025
132 Big Stories
Artrya Advances with FDA Clearance and U.S. Launch Despite Rising Losses
Artrya Limited reported a 17.2% increase in net loss to $16.4 million for FY25, while achieving FDA clearance and launching its AI-driven Salix platform in the U.S. market. The company also secured key commercial partnerships in Australia and raised $20 million in equity funding.
20 Aug
Ada Torres
Astron Corporation to Redomicile to Australia, Launching Aus NewCo on ASX
Astron Corporation Limited is set to redomicile from Hong Kong to Australia through a scheme of arrangement, creating a new Australian parent company, Aus NewCo. This move aims to align the corporate structure with its Australian assets and simplify shareholder voting.
20 Aug
Maxwell Dee
Euroz Hartleys Doubles Profit, Boosts Dividend Amid Strong Wealth Growth
Euroz Hartleys Group Limited reported a robust 87.7% increase in net profit for FY25, driven by growth across brokerage, underwriting, and wealth management. The company declared a fully franked full-year dividend of 5.5 cents per share, reflecting confidence in its operational leverage and balance sheet strength.
20 Aug
Claire Turing
Alliance Aviation Soars with 19% Revenue Growth and Fleet Expansion
Alliance Aviation Services reported a robust 19% revenue increase to $769.7 million in FY25, driven by fleet expansion and strong operational performance. The company’s strategic investments and contract growth set a positive tone for FY26.
20 Aug
Victor Sage
Prescient Therapeutics Narrows Loss, Advances PTX-100 Phase 2a with FDA Fast Track
Prescient Therapeutics reported an 11.1% reduction in net loss for FY2025, progressing its lead candidate PTX-100 into Phase 2a trials with FDA Fast Track and Orphan Drug designations, supported by a recent $9.8 million capital raise.
20 Aug
Ada Torres
Alliance Aviation Soars on Revenue Growth Despite Profit Dip and Operational Hurdles
Alliance Aviation Services Limited reported a 19% revenue increase to $760.9 million in FY2025, while net profit after tax slipped 5% to $57.3 million amid operational challenges. The company declared a fully franked dividend of 3.0 cents per share and expanded its fleet to 79 aircraft.
20 Aug
Victor Sage
Harmoney Surges Past FY25 Targets, Eyes Doubling Profits in FY26
Harmoney has delivered a robust FY25 performance, exceeding its upgraded profit guidance with strong loan book growth and improved efficiency. The fintech lender projects a remarkable 111% increase in cash NPAT for FY26, driven by its AI-powered Stellare 2.0 platform and strategic expansion plans.
20 Aug
Claire Turing
Harmoney Surges Past FY25 Profit Targets, Lifts FY26 Guidance by 20%
Harmoney Corp has delivered a record FY25 performance, exceeding profit expectations and boosting its FY26 profit forecast by 20%, driven by strong loan growth and its advanced Stellare 2.0 platform.
20 Aug
Claire Turing
Ideagen Finalises Envirosuite Takeover, Shares Delisted Tomorrow
Ideagen has completed its acquisition of Envirosuite through a scheme of arrangement, with shareholders receiving A$0.09 per share. Envirosuite shares will be officially delisted from the ASX on 21 August 2025.
20 Aug
Sophie Babbage
KPMG Takes Control of Universal Biosensors Amid Financial Turmoil
Universal Biosensors Pty Limited has entered voluntary administration with KPMG appointed as administrators, signaling urgent financial distress and a potential restructuring ahead.
20 Aug
Ada Torres
Astron Finalises Redomicile, Aus NewCo Shares Debut on ASX
Astron Corporation has completed its redomicile from Hong Kong to Australia, launching Astron Limited (Aus NewCo) as the new ASX-listed parent company with a 2-for-1 share consolidation.
20 Aug
Maxwell Dee
Straker’s AI Pivot Drives Record Margins Despite Revenue Dip
Straker Ltd reported a 10% revenue decline in FY25 but achieved record gross margins and adjusted EBITDA, underscoring its strategic shift to AI-driven language services and expanding IBM partnership.
20 Aug
Sophie Babbage
Iris Raises Reef Casino Trust Takeover Bid to A$3.72, Backed by Board and Major Unitholders
Iris Cairns Property Pty Ltd has increased its cash takeover offer for Reef Casino Trust units to A$3.72 per unit, with the Reef Corporate Services Limited board unanimously recommending acceptance. The offer values the trust at approximately A$185.3 million and awaits regulatory approvals.
20 Aug
Victor Sage
Genetic Technologies Sells geneType, Eyes Recapitalisation After Administration
Genetic Technologies Limited has emerged from voluntary administration following a strategic asset sale and is now pursuing recapitalisation and acquisitions to restore its market position.
20 Aug
Ada Torres
Lederer Family Office Launches $0.70 Cash Takeover Bid for Elanor Commercial Property Fund
LDR Assets Pty Ltd, part of the Lederer Family Office, has initiated an off-market takeover offer for all stapled securities in the Elanor Commercial Property Fund at a 5.3% premium to recent prices. The bid signals a potential overhaul of ECF’s management and governance.
20 Aug
Eva Park
Ainsworth Posts Solid H1 Profit Amid Novomatic Takeover Bid
Ainsworth Game Technology reported a steady half-year profit of $4.9 million on a 25% revenue increase, driven by strong domestic sales and new product launches, while navigating regional challenges and a looming Novomatic takeover bid.
20 Aug
Victor Sage
Redcastle Resources Rejoins ASX After Strategic Gold Project Moves
Redcastle Resources Limited has resumed trading on the ASX following key announcements about a joint venture farm-out, a strategic placement, and a major gold project acquisition.
20 Aug
Maxwell Dee
Redcastle Resources Accelerates Gold Production with BML JV and Expands Tenements by 600%
Redcastle Resources has partnered with BML Ventures to fast-track gold production at key deposits while massively expanding its Eastern Goldfields footprint through a strategic tenement acquisition.
20 Aug
Maxwell Dee
Genetic Technologies Emerges from Administration with New Strategy and Leadership
Genetic Technologies Limited reports a 36% increase in half-year losses amid voluntary administration, followed by a recapitalisation and sale of core assets. The company pivots towards new financial services acquisitions under fresh leadership.
20 Aug
Ada Torres
WOTSO’s FlexSpace Surge – 14% EBITDA Rise and 31 Locations Signal Growth
WOTSO’s FY25 results reveal a robust 14% increase in underlying EBITDA, driven by its expanding flexible workspace portfolio now spanning 31 locations. Strategic investments and partnerships underpin a confident outlook toward $58 million revenue by FY30.
20 Aug
Eva Park
Frontier Digital Ventures Probes $430K Misappropriation at Colombian Unit
Frontier Digital Ventures has uncovered apparent misappropriation of approximately USD 430,000 within its Colombian business, Fincaraiz, prompting an ongoing investigation and operational safeguards.
20 Aug
Sophie Babbage
Vicinity Centres Doubles Profit, Accelerates Shift to Premium Retail Assets
Vicinity Centres reported a robust FY25 with statutory net profit surging to $1 billion, driven by strategic portfolio repositioning and strong retail sales growth. The company’s focus on premium assets and disciplined capital management sets the stage for continued growth in FY26.
20 Aug
Eva Park
FDA Grants Orphan Drug Status to Invion’s INV043 for Anal Cancer
Invion Limited secures a pivotal FDA Orphan Drug Designation for its lead candidate INV043, targeting anal cancer with promising preclinical results and a fast-tracked development path.
20 Aug
Ada Torres
Invion Reveals FDA Orphan Drug Nod Behind Surge in Shares
Invion Limited has disclosed that the US FDA granted Orphan Drug Designation for its lead cancer drug candidate INV043, explaining recent unusual trading activity in its shares. The company confirmed it was unaware of the FDA decision prior to its public release and has now complied with continuous disclosure rules.
20 Aug
Ada Torres