🔥 Thursday 1 October 2026 Thu, 1 Oct 2026
46 Big Stories
Aeris Environmental flags going concern uncertainty despite Syncromesh expansion
Aeris Environmental’s FY2026 annual report pairs international commercial progress with a $5.03 million operating cash drain, $9.22 million in net liabilities and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The company says it will need extended related-party loan terms and further funding while converting its technology and chemicals pipeline into recurring revenue.
1 Oct
Victor Sage
Embark Moves to Take Control of Mayfield Childcare Board
Embark Early Education has requested a general meeting to install its chair and managing director on Mayfield Childcare’s board and remove three directors. The move comes after Embark lifted its stake in Mayfield to 50.04%, raising the prospect of a board with no directors independent of the majority shareholder.
1 Oct
Victor Sage
XRG trading suspended after $5.8m FY26 accounting adjustment
xReality Group has identified unaudited adjustments that deepen its FY26 loss by $5.79 million and cut net assets from $14.0 million to $6.7 million. Customer revenue and cash flow are unchanged, but trading is suspended until the audit and amended accounts are completed.
1 Oct
Sophie Babbage
Optiscan Moves InForm Into Formal US FDA Review
Optiscan Imaging has lodged a 510(k) submission for its InForm digital pathology device, moving the product from development into formal US regulatory assessment. FDA clearance is not assured, but a successful determination could open the door to commercial distribution in the company’s target market.
1 Oct
Victor Sage
Victor Group’s AUD 9.33m audited loss eclipses preliminary result
Victor Group Holdings’ audited FY2025 accounts were materially worse than its preliminary figures, with loss before tax rising to AUD 9.33 million from AUD 275,449. Newly recognised impairments and a sharp increase in depreciation turned preliminary comprehensive income of AUD 48,679 into a AUD 9.06 million loss.
1 Oct
Victor Sage
Altech’s battery ambitions collapse as German subsidiary files for insolvency
Altech Batteries reported a $43.4 million FY2026 loss after abandoning its two major German battery projects, while its CERENERGY subsidiary filed for insolvency and a proposed Malaysian asset sale fell through. The company now faces substantial doubt about its ability to continue as a going concern.
1 Oct
Victor Sage
Chilwa Minerals Targets US$3.5 Million IPO as Funding Risk Remains in Focus
Chilwa Minerals has lodged a prospectus supporting a fully underwritten US$3.5 million Nasdaq IPO, with most of the proceeds earmarked for exploration at its Chilwa Critical Minerals Project. The raising would strengthen its cash position, but the prospectus also flags material going-concern uncertainty and further funding needs.
1 Oct
Maxwell Dee
BSA Targets Eonetics in $17.5 Million Share Deal for Aerial Technology
BSA is proposing to acquire aerial infrastructure technology business Eonetics in a largely scrip-based transaction that would leave the sellers with about 39.9% of BSA. The deal remains non-binding, with one seller yet to sign and multiple approvals still required.
1 Oct
Victor Sage
Data#3 flags more than 40% first-half profit growth
Data#3 expects first-half FY27 profit before tax to rise more than 40% year on year, with gross profit also tracking more than 15% higher. The stronger result will be helped by large transactions, infrastructure activity and a temporary interest income boost, but the company expects earnings to be weighted toward the first half.
1 Oct
Victor Sage
SEG completes MediaWorks deal with A$42.9m EBITDA base and 1.84x leverage
Sports Entertainment Group has completed its NZ$130 million acquisition of MediaWorks, creating a trans-Tasman audio group with more than 5 million listeners. The combined business starts with pro forma net leverage of 1.84 times and a management target of approximately 1.2 times within two years.
1 Oct
Victor Sage
TerraCom Shares Remain Suspended as FY2026 Annual Report Misses Deadline
TerraCom’s securities will remain suspended from ASX quotation after the company failed to lodge its annual report for the year ended 30 June 2026. Reinstatement now depends on the report being filed and ASX considering it appropriate to resume trading.
1 Oct
Victor Sage
Klevo’s Stablecoin Revenue Surges as FY2026 Turns Cash-Flow Positive
Klevo Group has reported a sharp FY2026 turnaround, with revenue up 324%, positive operating cash flow and cash rising to A$4.32 million. The more striking claim is its KLVR stablecoin platform, which has recorded USD 59.2 million in unaudited revenue since trial commencement ahead of a planned commercial rollout.
1 Oct
Victor Sage
Pacific Current’s debt-free reset now faces a strategic review
Pacific Current Group finished FY2026 with no financial debt, A$158 million in cash and a strategic review that could lead to a transaction, a sale or delisting. The balance-sheet repair came alongside lower underlying earnings, a statutory loss and a sharp decline in Victory Park valuations.
1 Oct
Claire Turing
Chimeric Therapeutics Remains Suspended as $7.7 Million Deficit Puts Recapitalisation in Doubt
Chimeric Therapeutics remains suspended from ASX trading after failing to lodge its FY2026 financial statements, with the company reporting an approximate $7.7 million net asset deficiency and unresolved creditor negotiations. Potential recapitalisation interest has emerged, but no binding funding or settlement agreement has been reached.
1 Oct
Ada Torres
Prophecy's $1m cash balance puts turnaround plan under pressure
Prophecy International entered FY27 with sharply lower revenue, negative net assets and just $1 million in cash after a difficult restructuring year. Management has cut costs and launched its ProdataIQ AI product, but the auditor has warned of material uncertainty around the company's ability to continue as a going concern.
1 Oct
Sophie Babbage
Quixxi Lands A$635K European Contract Before WhiteHawk Acquisition Vote
Quixxi has secured a four-year A$635,238 contract with a major Italian industrial group for its Clarity AI governance platform. The win strengthens the case for WhiteHawk’s proposed acquisition, but WhiteHawk will not benefit financially unless shareholders approve the deal and completion follows.
1 Oct
Victor Sage
Manuka records first Wonawinta gold revenue as production ramp-up begins
Manuka Resources has received its first gold revenue after restarting processing at the Wonawinta plant in New South Wales. The company expects fortnightly gold revenue of A$3.0 million to A$4.0 million through the end of 2026, although sales remain dependent on the plant reaching steady state.
1 Oct
Maxwell Dee
Fulcrum expands Alkali Flats footprint as acid-free lithium recovery reaches 79%
Fulcrum Lithium has staked 41 additional claims around its Alkali Flats project in Nevada and reported up to 79% lithium extraction from acid-free roast and water-leach tests. The results improve on earlier water-leach work, although they remain below the company’s 93% to 96% sulfuric-acid benchmark and come from scoping-level tests.
1 Oct
Maxwell Dee
Group 6 Metals swings to $148.2m profit as Dolphin enters its high-grade phase
Group 6 Metals has posted a dramatic FY26 turnaround, with revenue reaching $129.0 million and net profit after tax rising to $148.2 million. The stronger balance sheet now faces its next test: converting stockpile-fed production and newly started underground mining into repeatable cash generation.
1 Oct
Maxwell Dee
Cluey’s ASX Exit Enters Final Days as Shareholder Base Shrinks
Cluey has cancelled 3.24 million shares in a small-holder buy-back, cutting its shareholder count from 665 to 195 just days before trading is suspended and the company leaves the ASX. Investors who miss the final trading window will face a potentially illiquid private market for their shares.
1 Oct
Victor Sage
FirstWave Cuts Loss 80% but Needs New Capital to Fund AI Growth
FirstWave Cloud Technology has sharply reduced its FY26 loss and generated positive operating cash flow as network monitoring and Latin American revenue accelerated. But a $5.35 million net current asset deficiency, covenant breach and planned capital raise leave the turnaround dependent on continued execution.
1 Oct
Victor Sage
OMG Group reaches positive EBITDA as quarterly sales climb 59%
OMG Group has reported its first positive quarterly EBITDA, with preliminary Q1 FY27 net sales rising 59% to approximately $1.92 million. The result marks a potential inflection point for the health and wellness food company, although the figures remain unaudited and do not establish cash profitability.
1 Oct
Victor Sage
NGS completes Sprout acquisition as share count nearly triples
Nutritional Growth Solutions has completed its acquisition of Sprout Organic, installing founder Selasi Berdie as CEO and reshaping the group around infant, toddler and children’s nutrition. The deal lifts shares on issue to 964 million, while management targets A$870,000 in annualised savings.
1 Oct
Victor Sage
Prospect hits 1% copper grades as Nyungu Central drilling pushes beyond resource
Prospect Resources has reported its first Phase 3 infill assays from Nyungu Central, including 18 metres at 1.31% copper, while extensional drilling continues to identify broad mineralisation beyond the existing resource. Twenty Nyungu Central assay results remain pending as the company advances toward a Q1 2027 Mumbezhi Scoping Study.
1 Oct
Maxwell Dee