🔥 Wednesday 26 August 2026 Wed, 26 Aug 2026
85 Big Stories
Experience Co FY26 Revenue Inches Up Amid Weather, Industrial Action and Strategic Moves
Experience Co posted a modest 2% revenue rise to $129.6 million in FY26, but underlying EBITDA slipped 8% due to weather disruptions, inflationary pressures, and industrial action. The company is advancing a $65 million deal to combine its Skydive business with Inflite Group.
26 Aug
Victor Sage
CTI Logistics Delivers 69% Profit Surge Backed by Property Gains and Operational Strength
CTI Logistics (ASX:CLX) posted a 69% jump in net profit to $24 million for FY26, driven by robust transport volumes, logistics growth and a $74 million uplift in property valuations. The company also declared a 14 cents per share fully franked dividend.
26 Aug
Victor Sage
Sentinel Metals Boosts North American Gold Resources to Nearly 2 Million Ounces with Big Springs Acquisition
Sentinel Metals has completed its acquisition of the Big Springs Gold Project in Nevada, adding over 1 million ounces to its North American gold resource base and positioning itself as a significant player in Tier-1 US mining jurisdictions.
26 Aug
Maxwell Dee
Sentinel Metals Completes Big Springs Acquisition to Boost US Gold Resources Near 2Moz
Sentinel Metals has secured 100% ownership of the Big Springs Gold Project in Nevada, adding over 1 million ounces of gold to its portfolio and nearly doubling its North American resource base alongside its Montana project.
26 Aug
Maxwell Dee
Kalina Power Posts AUD 15.8 Million Profit Reversal on MW Allocation Sale
Kalina Power (ASX:KPO) swung to a AUD 15.8 million net profit in FY2026, driven by a CAD 18 million sale of megawatt allocation, lifting its balance sheet and cash reserves sharply.
26 Aug
Maxwell Dee
Bass Oil’s Bunian 6 Well Set to Triple Indonesian Output to 750 bopd
Bass Oil’s Bunian 6 well has met expectations by intersecting oil in key reservoirs, aiming to boost Indonesian production from 250 to 750 barrels per day. The well is expected to come online in early September, marking a significant step in the company’s growth strategy.
26 Aug
Maxwell Dee
Alliance Aviation reports FY2026 loss due to fleet impairment, resets strategy focusing on FIFO and fleet renewal
Alliance Aviation Services posted a statutory loss of $90.9 million in FY2026, driven by a $164.8 million impairment on its Fokker fleet, while underlying profit remained within guidance. The company is realigning around core FIFO operations, fleet renewal, and cost discipline, supported by a $40 million equity raise and revised Qantas wet lease terms.
26 Aug
Victor Sage
SEG Delivers 73% EBITDA Surge Amid MediaWorks Acquisition and Strategic Expansion
Sports Entertainment Group (ASX:SEG) posted a 39% revenue jump and 73% underlying EBITDA growth in FY26, offset by a 93% net profit decline due to tax and one-off impacts. The company is poised for growth with key acquisitions including MediaWorks NZ and the GIANTS Netball license.
26 Aug
Elise Vega
Pengana’s FY26 Loss Reflects Heavy Investment in Private Markets Growth
Pengana Capital Group reported a statutory loss of $5.6 million for FY26 despite a 14% rise in funds under management, driven by upfront costs linked to new product launches and expanding private credit platforms.
26 Aug
Claire Turing
L1 Gold Fund Raises A$254.9 Million in Institutional Placement and Entitlement Offers
L1 Gold Fund Limited (ASX:LGF) has completed a major capital raising, securing A$254.9 million through institutional placement, entitlement, and shortfall offers. Founders Mark Landau and Raphael Lamm fully subscribed, underscoring confidence in the gold sector amid ongoing market volatility.
26 Aug
Claire Turing
Ingenia Proposes $2.185 Per Share Deal for Peet to Forge Largest ASX Living Platform
Ingenia Communities Group has unveiled a $2.185 per share acquisition offer for Peet Limited, aiming to create Australia’s largest pure-play living sector platform with enhanced scale, diversification, and market presence.
26 Aug
Eva Park
Ingenia to Acquire Peet, Creating Australia’s Largest Land Lease Platform
Ingenia Communities Group proposes to acquire Peet Limited via a scheme of arrangement, forming a leading national living sector platform with a $1 billion land lease conversion opportunity and expected low double-digit EPS accretion.
26 Aug
Eva Park
Takeovers Panel Considers Application Over Canyon Resources Bid Disputes
An application to the Takeovers Panel challenges the integrity of A2MP's takeover bid for Canyon Resources, citing misleading statements and undisclosed shareholder dealings amid project financing uncertainty.
26 Aug
Maxwell Dee
FireFly Metals Secures A$190 Million to Accelerate Green Bay Development
FireFly Metals has raised approximately A$190 million through institutional and bought deal placements, positioning the company to advance its Green Bay Copper-Gold Project with early works, drilling, and feasibility studies ahead of a mid-2027 investment decision.
26 Aug
Maxwell Dee
AGP Boosts Funds Under Management 20 Percent to $1.67 Billion Amid New Fund Launches
Associate Global Partners (ASX:APL) reported a 20% rise in funds under management to $1.672 billion for FY2026, driven by strong inflows and new partnerships with Muzinich and ARK Invest.
26 Aug
Claire Turing
Ora Banda Mining Doubles Revenue, Sets Sights on 300koz Production by FY29
Ora Banda Mining delivered record FY26 results with a 53% jump in gold production and doubled revenue to $807.5 million, underpinning its DRIVE to 300 growth strategy targeting 300,000 ounces annually by FY29.
26 Aug
Maxwell Dee
GR Engineering Raises $100 Million Placement to Back Strong Project Pipeline
GR Engineering Services secured $100 million through a heavily supported institutional placement priced at $6.10 per share, alongside a $10 million Share Purchase Plan for retail investors. The capital raise aims to bolster the balance sheet ahead of a busy contract delivery phase.
26 Aug
Victor Sage
Stakk Nears US$63 Million ParaScript Acquisition Completion with Strong Revenue Outlook
Stakk is on the cusp of completing its US$63 million acquisition of ParaScript, having secured shareholder approval and completed a A$27 million placement. The combined entity is poised to meet or exceed FY2027 revenue and EBITDA targets, reinforcing its digital trust platform strategy.
26 Aug
Sophie Babbage
Lynas Rare Earths Reports Record FY26 Profit and Advances Growth Strategy
Lynas Rare Earths delivered a record A$977.9 million revenue and A$222.4 million net profit in FY26, underpinned by strong rare earth production, strategic supply agreements, and a 10-year Malaysian licence renewal.
26 Aug
Maxwell Dee
L1 Long Short Fund Delivers 45% Return and Raises Quarterly Dividend
L1 Long Short Fund Limited (ASX:LSF) posted a standout FY26 with a 45.4% net portfolio return, driving a 538% jump in net profit after tax to $635 million and a 22% CAGR in dividends since IPO. The fund also released its inaugural climate-related disclosures, affirming resilience amid evolving risks.
26 Aug
Claire Turing
Strata Investment Holdings Posts £16.48m H1 Profit on Copper Royalties and Investment Gains
Strata Investment Holdings delivered a £16.48 million comprehensive profit for H1 2026, driven by a strong revaluation of its investment portfolio and maiden royalty income from Botswana copper assets.
26 Aug
Maxwell Dee
Nickel Industries Doubles Profit as HPAL Projects Advance and Production Grows
Nickel Industries surged to a US$74 million profit in H1 2026, driven by higher nickel prices, expanded mining quotas, and strategic HPAL investments including first nickel cathode production at ENC.
26 Aug
Maxwell Dee
Prime Financial Group Reports 22% Revenue Growth Despite 15% Profit Decline in FY26
Prime Financial Group Ltd grew revenue by 22% to $60.5 million in FY26, driven by acquisitions and core business expansion. However, net profit after tax fell 15%, impacted by a higher tax rate and elevated operating costs.
26 Aug
Claire Turing
IVE Group Delivers Margin Gains Amid Revenue Dip, Advances AI and Sustainability
IVE Group posted a mixed FY26 with a 1.8% revenue decline but underlying profit growth, strategic acquisitions, and notable progress in AI commercialization and climate disclosures.
26 Aug
Victor Sage