Latest Accounting News

The Environmental Group Limited (EGL) reported a robust FY25 with revenue climbing 13.9% to $111.9 million and underlying EBITDA up 9.9%, driven by strategic acquisitions and advances in PFAS technology. The company projects further EBITDA growth of 15-20% in FY26, underpinned by expanding recurring revenue streams.

Southern Cross Electrical Engineering Limited (SCEE) delivered record FY25 financials, driven by a 45% revenue jump and the recent Force Fire acquisition, setting the stage for robust FY26 growth.

Southern Cross Electrical Engineering (SCEE) has delivered a landmark FY25 with record revenue and earnings, boosted by its strategic acquisition of Force Fire and a robust order book. The company projects continued growth with an 18-24% rise in EBITDA for FY26.

Transurban Group reported a 5.6% rise in proportional toll revenue and a 7.4% increase in operating EBITDA for FY25, despite a significant profit decline due to litigation and restructuring costs. The company’s distribution grew 4.8%, supported by strong free cash flow, as key infrastructure projects near completion.

APA Group has announced a 30 cents per security final distribution for the first half of 2025, outlining detailed tax components for its infrastructure and investment trusts.

Ainsworth Game Technology reported a steady profit before tax of $13.9 million for the first half of 2025, supported by a 25% revenue increase driven by strong North American and Asia Pacific markets.

Gateway Mining has completed its $45 million acquisition of the Yandal Gold Project from Strickland Metals, adding a significant 400,400-ounce gold resource to its portfolio. The company plans to advance mining licence applications and exploration activities in Western Australia's underexplored Yandal Greenstone Belt.

Felix Group Holdings reports a solid 22% increase in FY25 sales revenue and a notable 32% improvement in adjusted EBITDA loss, driven by strong enterprise platform sales and new customer wins.

Ignite Limited reported a 100.5% increase in net profit for FY2025 despite a 6.7% revenue decline, driven by improved margins and operational efficiency. The company also announced a fully franked final dividend with a reinvestment plan discount.

TPG Telecom has revealed a significant cyber incident involving unauthorized access to iiNet’s order management system, potentially exposing sensitive customer data. The breach, traced to stolen employee credentials, is currently contained but raises questions about future security measures.

SEEK Limited posted a modest 1% rise in revenue for FY2025, while adjusted profit from continuing operations fell 13%, reflecting higher amortisation costs post-platform unification. The company also reacquired Sidekicker, boosting its contingent labour market presence.

HUB24 Limited reported robust FY25 results, driven by a 34% surge in platform funds under administration and a 44% rise in underlying net profit after tax. The company expanded its adviser base and boosted dividends, reinforcing its leadership in Australia's wealth management technology sector.