Latest Accounting News

Temple & Webster Group Ltd delivered a robust half-year performance with revenues climbing 24% to $313.7 million and profit after tax more than doubling to $9 million, underpinned by strategic growth initiatives and operational efficiencies.

South32 Limited reported a strong first half of fiscal 2025, driven by improved operational performance and a streamlined portfolio following the sale of Illawarra Metallurgical Coal. The company announced a fully-franked interim dividend and maintained its production guidance despite some operational challenges.

Orora Limited reported a substantial half-year profit of A$907.6 million, propelled by the sale of its North America packaging business and strategic restructuring. The company also announced an unfranked interim dividend of 5 cents per share.

Origin Energy reported a solid half-year performance with statutory profit rising to $1.02 billion and underlying profit up 24% to $924 million, driven by strong LNG trading and APLNG operations. The company is advancing its renewable energy investments and technology platforms while maintaining dividend growth.

Origin Energy reported a robust half-year performance with statutory profit rising to $1.017 billion and an increased fully franked interim dividend, driven by strong Integrated Gas earnings despite softer Energy Markets and Octopus Energy results.

Origin Energy reported a robust half-year result for December 2024, with revenue up 10% and profit rising 2%, while accelerating investments in battery storage and renewables.

Treasury Wine Estates delivered a robust 1H25 performance driven by luxury brands Penfolds and DAOU, offsetting softness in its premium and commercial portfolios. Despite strong earnings growth, the company lowers its full-year EBITS guidance, highlighting ongoing market headwinds.

Rewardle Holdings (RXH) confirms plans to lodge delayed financial reports by mid-February 2025, addressing audit complexities linked to its CloudHolter investment and ongoing partnership negotiations.

Alliance Aviation Services Limited reported robust half-year results for December 2024, highlighted by record EBITDA and strategic fleet growth, underpinning a confident outlook for 2025.

Centuria Capital Group, in partnership with ResetData, has launched Australia’s inaugural sovereign public AI Factory, AI-F1, alongside a pioneering AI Marketplace, promising to democratize access to advanced AI technologies for businesses and government.

Praemium Limited has announced that no earn out payment is due for the first period following its acquisition of the OneVue Platform Business, as funds under administration fell below the $3 billion threshold. Despite client terminations, the company remains confident in its earnings and synergy targets.

Bravura Solutions has received a final Class Ruling from the Australian Taxation Office clarifying the tax treatment of its recent $0.163 per share capital return, providing certainty for shareholders holding shares on capital account.