Latest Accounting News

Webjet Group’s preliminary 1H26 results reveal resilience in a challenging market, with underlying EBITDA in line with expectations despite a 9% decline. The company revises FY25 figures following an accounting policy change and lowers FY26 EBITDA guidance amid subdued domestic leisure travel and a delayed brand relaunch.

Orica Limited has delivered its strongest financial performance in over a decade, driven by premium product demand and digital innovation, while advancing ambitious sustainability targets. The company signals continued growth for 2026 despite emerging supply chain challenges.

Xero Limited reported a robust first half of FY26 with 20% revenue growth and strong cash generation, driven by sustained momentum across its core markets and the strategic Melio acquisition expanding its US footprint.

Xero Limited reported a robust first half of FY26 with 20% revenue growth and a 42% jump in net profit, driven by the strategic acquisition of Melio and expanded AI capabilities.

Inghams Group reports stable volumes and improved wholesale pricing in early FY26 but faces higher operational costs impacting first-half earnings. A leadership restructure aims to cut costs and boost accountability as the company reaffirms its full-year EBITDA guidance.

CVC Limited has announced a $50 million offer of unsecured, redeemable notes to strengthen its balance sheet and capitalize on strategic real estate opportunities across Australia. The notes feature a floating interest rate and a reinvestment option for existing noteholders.

Flight Centre Travel Group delivered a record $24.5 billion total transaction value in FY25 alongside solid profitability, while setting an ambitious profit growth target for FY26 amid ongoing investments in AI and digital innovation.

Tamawood Limited reports a robust 39% sales increase and stronger cash reserves following new project management software implementation, but a glitch in Work in Progress reporting has triggered a trading blackout as auditors investigate.

DGL Group has addressed ASX concerns following a disclaimer of opinion in its FY25 audit, citing inventory valuation issues and a fraud incident. The company outlines ongoing remediation efforts including ERP system migration and enhanced controls.

Dart Mining has announced a substantial Exploration Target at its Triumph Gold Project in Central Queensland, outlining a promising growth pathway beyond its existing resource base. The target highlights both near prospect extensions and new regional deposits, setting the stage for an extensive drilling campaign.

Bendigo and Adelaide Bank reported steady cash earnings in 1Q26, supported by improved net interest margins and deposit mix, while residential lending contracted amid competitive pressures. Strategic technology rollouts promise growth in the second half.

OFX Group reported a 5.6% decline in net operating income for 1H26 amid macroeconomic challenges but showcased strong progress in its OFX 2.0 platform transition and strategic investments aimed at long-term growth.