♟️ Monday 17 February 2025 Mon, 17 Feb 2025

New Age Exploration Limited has reported compelling high-grade gold intercepts from its Wagyu Gold Project in Western Australia's Central Pilbara, confirming the project's growing potential ahead of a planned RC drilling campaign.

Smart Parking Limited has reported robust H1 FY25 results, underpinned by a strategic acquisition of Peak Parking LP and a fully underwritten $45 million equity raise to fund its US expansion.

Smart Parking Limited has reported a robust half-year performance with a 20% increase in revenue and a 70% rise in net profit, driven by international expansion and operational growth across multiple markets.

Triangle Energy reports a missed payment from Pilot Energy related to the Cliff Head project sale, while Pilot continues funding operational costs amid capital raise talks.

Toys"R"Us ANZ has entered a strategic three-year partnership with Directed Electronics Australia to co-develop private label products and enhance marketing capabilities, marking a pivotal step in its growth strategy.

Cyclone Metals has secured a pivotal development agreement with Vale, unlocking up to USD 138 million in funding for the Iron Bear iron ore project in Canada and setting a clear path to production.

IperionX has landed a $47.1 million contract from the U.S. Department of Defense to develop a domestic titanium supply chain, marking a significant step toward reducing reliance on foreign sources for this critical metal.

Cosmo Metals has appointed Ian Prentice as Managing Director, tasking him with accelerating exploration at the promising Bingara and Nundle projects in NSW. Prentice’s extensive industry experience signals a strategic pivot towards unlocking value in underexplored assets.

EQ Resources is set to significantly increase tungsten production at its Saloro Operations in Spain by installing a third XRT Ore Sorter and upgrading infrastructure, responding to strong market demand amid tightening Chinese export controls.

Ovanti Limited has secured board approval for its ambitious US market entry plan targeting $500 million in total transaction volumes within two years, focusing on underserved consumers in the Southern States.

Antares Metals Ltd has reported outstanding copper assay results from its initial RC drilling phase at the Surprise Copper Project in Queensland, confirming the presence of high-grade mineralisation and unveiling promising new exploration targets.

Findi Limited has expanded its ATM footprint with the State Bank of India by 54%, securing 2,293 additional ATMs and appointing Rothschild & Co for its 2026 Indian IPO. However, FY25 revenue guidance has been revised down due to delays in White Label ATM license commencement.

Adore Beauty Group reports a solid H1 FY25 performance with a 2.3% revenue increase and a remarkable 126% rise in EBIT, underpinned by a strategic omni-channel expansion and successful iKOU integration.

Adore Beauty Group reports a strong first half of FY25 with nearly doubling EBIT and expanding margins, driven by strategic retail expansion and operational discipline.

Lendlease Group has reported a robust turnaround in its half-year results, posting an operating profit after tax of $122 million and advancing its strategic capital recycling initiatives. The company is on track to reduce gearing and enhance operational efficiency amid ongoing market challenges.

The GPT Group reveals robust occupancy and leasing growth in 2024, offset by a statutory loss driven by property valuation declines. Strategic partnerships and development projects position the company for future earnings expansion.

Bendigo and Adelaide Bank has released its Basel III Pillar 3 disclosures for the year ended December 31, 2024, revealing solid capital adequacy and liquidity positions under APRA regulations. The bank maintains robust buffers amid lending growth and evolving market conditions.

Sprintex has completed commissioning of its compressor systems with Mest Water and is poised to receive a €3.8 million purchase order, marking a pivotal step in expanding its environmental technology footprint across the EU.

Fiducian Group Limited reported a robust half-year result for December 2024, with revenue up 14% and net profit after tax rising 26%, underpinning a higher fully franked interim dividend.

Bendigo and Adelaide Bank's half-year results for 1H25 reveal a modest decline in cash earnings due to inflationary pressures and increased investment spend, balanced by robust customer growth and digital innovation.

Bendigo and Adelaide Bank reported a modest dip in cash earnings for the half year ended December 2024, offset by strong residential lending growth and a maintained fully franked dividend. The bank’s strategic investments and digital transformation efforts continue amid margin compression and rising expenses.

GWA Group Limited reported a 1.9% revenue increase and a 3.2% rise in normalised EBIT for the half year ended December 2024, supported by strong cash flow and operational discipline. The company declared a fully franked interim dividend of 7.5 cents per share, up 7.1%.

Lendlease Group has reported a statutory profit after tax of $48 million for the half year ended December 2024, reversing a prior loss and announcing a 6.0 cent interim distribution. The company is advancing key asset sales including Capella Capital and its US Military Housing business as part of its strategic transformation.

Burgundy Diamond Mines has secured a novel diesel fuel offtake agreement with Macquarie Bank, easing seasonal cash flow pressures and potentially setting a precedent for multi-year collaboration.