🔥 Friday 28 August 2026 Fri, 28 Aug 2026
89 Big Stories
PYC Therapeutics Advances RNA Pipeline with $600M Capital and Clinical Milestones
PYC Therapeutics strengthened its financial footing with a $600 million capital raise and made notable clinical progress across four RNA therapeutic programs targeting genetic diseases.
28 Aug
Ada Torres
Clime Capital Posts 236% Profit Rise and Maintains Dividends with Ongoing Buyback
Clime Capital Limited (ASX:CAM) reported a sharp turnaround for FY26, with net profit after tax soaring 236% to $10.29 million, driven by strong unrealised gains and a higher income portfolio. The company sustained its steady dividend payments and pressed ahead with an active share and convertible note buyback program.
28 Aug
Claire Turing
Michael Hill Posts Record FY26 Revenue and Profit Growth, Declares Dividend
Michael Hill International reported a 1.9% revenue increase to $655.7 million in FY26, with comparable EBIT up 57% to $24 million and net profit soaring 376%. The company restored dividends and announced a Chair succession.
28 Aug
Logan Eniac
Energy Fuels Finalises Acquisition of ASM with Shareholder Payments Completed
Energy Fuels Inc. has completed its acquisition of Australian Strategic Materials (ASM) through members’ and creditors’ schemes of arrangement, triggering ASM’s delisting from the ASX. Eligible ASM shareholders received a mix of Energy Fuels shares and cash, while optionholders were paid cash for their options.
28 Aug
Maxwell Dee
FlexiRoam Delivers First Full-Year Profit with Strategic Shift to Recurring Revenue
FlexiRoam Limited (ASX:FRX) reported a statutory net profit after tax of $0.7 million for FY26, reversing a $2.0 million loss in FY25, driven by a pivot to higher-quality recurring revenue and operational discipline.
28 Aug
Sophie Babbage
Castile Resources’ Rover 1 Scoping Study Highlights $1.07B Pre-Tax NPV with Five-Metal Revenue Streams
Castile Resources reveals a robust 2026 Scoping Study for its Rover 1 IOCG Project, projecting an 11-year underground mine life with five valuable metals driving strong economics and a staged development strategy.
28 Aug
Maxwell Dee
OMG Group Revenue Climbs 48% with Record 41% Gross Margin and Expanded International Reach
OMG Group posted a 48% revenue increase to $6.13 million in FY26, achieving its highest-ever gross margin of 41% while expanding distribution into New Zealand and Southeast Asia.
28 Aug
Victor Sage
Cambium Bio Advances Elate Ocular Phase 3 Trial with FDA Single Pivotal Study Pathway amid AUD 4.1M Loss
Cambium Bio has secured FDA agreement on a streamlined single pivotal Phase 3 trial for Elate Ocular®, cutting development costs and timelines. Despite a AUD 4.1 million loss for FY2026, the company strengthened its funding position and manufacturing partnerships ahead of patient dosing targeted for late 2026.
28 Aug
Ada Torres
Orcoda Narrows Losses with 23% ARR Growth and $8m Wagner Contract
Orcoda Limited reported a 26% reduction in net loss and a 23% rise in Annual Recurring Revenue, boosted by a new $8 million per annum multi-year contract with Wagner Corporation, setting the stage for SaaS expansion in FY27.
28 Aug
Sophie Babbage
First Graphene Advances US and China Growth with Strategic Acquisitions and Cement Deal
First Graphene lifted revenue by 15% to $537,594 for FY26 while narrowing its net loss slightly to $5.4 million. Key acquisitions and a landmark China cement distribution MOU set the stage for commercial expansion.
28 Aug
Maxwell Dee
Waterco Posts 62% Profit Surge as Dividends Rise and International Growth Accelerates
Waterco Limited delivered a robust turnaround in FY26 with net profit after tax soaring 61.6% to $15.5 million on modest revenue growth. The company expanded its Swimart franchise, advanced manufacturing insourcing, and boosted dividends to 20 cents per share fully franked.
28 Aug
Victor Sage
OncoSil Medical Reports FY26 Revenue Surge and FDA Approval Milestone
OncoSil Medical lifted revenues 44% in FY26 to $1.68 million and trimmed losses by 28% to $10.86 million, buoyed by key regulatory approvals including FDA HDE and Australian TGA listings. The company is poised for commercial launches in the US and Australia, with strong clinical data underpinning its growth.
28 Aug
Ada Torres
Alterity Therapeutics Reports Larger Losses Amid FDA Phase 3 Trial Clarity for ATH434
Alterity Therapeutics posted a 285% jump in revenue to A$1.72 million but also a 93% rise in net loss to A$23.4 million for FY2026. The company secured FDA alignment on a single pivotal Phase 3 trial for ATH434 in Multiple System Atrophy, setting the stage for trial start by year-end.
28 Aug
Ada Torres
RooLife Group Doubles Revenue on RLG Coffee Surge but Posts $3.58 Million Loss
RooLife Group (ASX: RLG) reported a 268% jump in FY2026 revenue to nearly $10 million, driven by rapid growth in its own food and beverage products, including RLG Coffee in China. Despite this, the company recorded a $3.58 million net loss, weighed down by impairment charges and R&D investments in renewable energy.
28 Aug
Victor Sage
Forrestania Shareholders Back Edna May Deal and $310M Capital Raise
Forrestania Resources secured near-unanimous shareholder approval for its acquisition of the Edna May Project and a $310 million capital raising, clearing the path to expand its gold footprint in Western Australia.
28 Aug
Maxwell Dee
Finbar Secures $402M South Perth Site to Boost $1.95B Pipeline
Finbar has completed settlement on a prime South Perth development site with an estimated end value of $402 million, adding scale and strategic depth to its $1.95 billion five-year pipeline.
28 Aug
Eva Park
Boresight Ltd Reports 46% Revenue Growth, $6.66M Net Loss, and Successful $8M IPO
Boresight Ltd (ASX: BST) recorded a 46% increase in revenue to $6.38 million for FY26, driven by global sales expansion and strategic investments including an $8 million IPO. Despite this growth, the company posted a $6.66 million net loss, largely due to increased operational expenses and significant share-based payments.
28 Aug
Victor Sage
Elixir Energy Boosts Taroom Trough Resources with $16.6m Capital Injection
Elixir Energy has marked FY26 with major progress in Queensland’s Taroom Trough, expanding contingent gas resources by 32% and securing a strategic $16.6 million capital raise led by Omega Oil and Gas. The company’s operational advances and government backing position it as a key player in Australia’s energy security landscape.
28 Aug
Maxwell Dee
Austral Resources Posts $25.3M Profit Turnaround, Proposes Hammer Metals Takeover
Austral Resources Australia Ltd has swung from a $24.2 million loss to a $25.3 million profit in the first half of 2026, boosted by strategic acquisitions, capital raises, and operational shifts. The company is advancing its Rocklands restart and has proposed acquiring Hammer Metals to expand its copper footprint.
28 Aug
Maxwell Dee
PhosCo’s Simple Flotation Process Yields Premium 34% P2O5 Phosphate Concentrate
PhosCo Ltd has achieved a metallurgical breakthrough at its Gasaat Phosphate Project, producing premium-grade phosphate concentrate with a simplified flotation process, potentially unlocking significant price premiums.
28 Aug
Maxwell Dee
Paradigm Completes Phase 3 Recruitment and Raises A$21.74m Ahead of Key Trial Milestones
Paradigm Biopharmaceuticals has surpassed its Phase 3 enrolment target for Zilosul®, secured over A$21 million in capital, and pivots towards clinical evidence generation with major data readouts expected.
28 Aug
Ada Torres
LPE Returns to Profit with PowerHub Acquisition and New $7.2M Facility
Locality Planning Energy (ASX:LPE) reversed losses to post a $2.31 million statutory profit in FY2026, driven by strategic acquisitions, improved earnings, and a strengthened balance sheet.
28 Aug
Maxwell Dee
Magontec Posts 63% Gross Profit Surge and Returns to Profitability in 1H26
Magontec Limited has reversed its recent losses with a 63% jump in half-year gross profit to $8.5 million and a net profit after tax of $1.1 million, driven by strong demand in electronic anodes and magnesium alloys.
28 Aug
Victor Sage
Teaminvest Private Group Reports 19% Profit Rise Amid Active Portfolio Growth and Strategic Acquisition
Teaminvest Private Group (ASX: TIP) posted a 19% increase in statutory profit for FY26, driven by strong active portfolio growth and disciplined capital allocation, while preparing to acquire Intelligent Investor in an earnings accretive deal.
28 Aug
Claire Turing