Latest Accounting Adjustments News

Corporate Travel Management Limited has delayed its FY25 financial results due to potential revenue recognition adjustments in Europe, prompting a voluntary ASX trading suspension.

Livium Ltd reports a significant A$6.6 million uplift in net assets driven by a reduction in fire claim provisions, recognition of a deferred tax asset, and equity accounting of its LieNA® joint venture with Mineral Resources.

Bendigo and Adelaide Bank reported a statutory loss of $97.1 million for FY25, driven by a significant goodwill impairment, while cash earnings grew 8.4% to $514.6 million. The bank maintained its dividend payouts despite margin pressures and increased operating costs.

Inghams Group Limited reported a 3.4% revenue decline and an 11.5% drop in net profit for FY25, impacted by a new Woolworths supply agreement and lease accounting changes, while maintaining stable underlying earnings and declaring an 8-cent fully franked final dividend.

AMA Group reported a robust FY25 with revenue surpassing $1 billion and a 38% jump in normalized EBITDA, underpinned by operational improvements and a strengthened balance sheet.

MA Financial Group reported a robust 30% revenue increase for the first half of 2025, yet statutory net profit fell sharply by 44%, highlighting a complex financial landscape as the firm prepares to acquire IP Generation.

Magellan Financial Group reported a 5% rise in operating profit for FY25 despite a 31% drop in statutory net profit, driven by strong growth in assets under management and booming income from strategic partnerships.

Dexus posted a 5.4% rise in revenue for FY25 but reported a substantial net loss driven by impairments, while increasing distributions to security holders.

Hansen Technologies reported a remarkable 105.7% increase in statutory net profit for the year ended June 2025, while maintaining its dividend payout. The company also expanded its footprint with a strategic investment in Canadian AI firm Dial AI.

Challenger Limited reported a 9% increase in normalised net profit after tax for FY25, driven by strong Life business cash earnings and resilient Funds Management performance despite net outflows. The company also announced an 11% dividend increase and provided positive FY26 EPS guidance amid ongoing regulatory reforms.

Kogan.com has recorded a significant non-cash goodwill impairment related to its Mighty Ape acquisition, reflecting ongoing challenges in New Zealand’s retail market and delayed technology recovery.

Almonty Industries reported a challenging Q2 2025 with a significant non-cash loss but strengthened its position through a Nasdaq listing, a major U.S. defense offtake agreement, and progress at its flagship Sangdong mine.