Latest Acquisition News

Westgold Resources has transformed into a top five Australian gold producer following its merger with Karora Resources, delivering record gold production and declaring a 3-cent final dividend.

GemLife Communities Group has reported a strong first half of FY25, exceeding Prospectus forecasts with higher home settlements and premium sales, while confirming full-year guidance. The company’s extensive development pipeline and commitment to sustainability initiatives position it well for continued growth in the Australian Land Lease Community sector.

GemLife Communities Group reported a 16% dip in net profit for H1 2025 but bolstered its balance sheet with a $750 million IPO and a strategic $220 million acquisition.

DXN Limited reported a 49% surge in revenue to $16 million for FY25, driven by strong modular data centre contracts and a new Data Centre as a Service division, despite a slight increase in net loss to $2.31 million.

Moonlight Resources, partly owned by Lithium Plus Minerals, plans to acquire the Clermont Gold Project and pursue an ASX listing, aiming to become a focused gold and critical minerals explorer.

Swoop Holdings delivered a robust FY25 with 20% revenue growth, positive free cash flow, and secured major long-term fibre network contracts, positioning itself as a rising challenger in Australia's telecom sector.

Swoop Holdings reported a 19.8% increase in revenue to $106.5 million for FY25, driven by organic growth and new contracts, but posted a wider net loss of $6.95 million. The company is reshaping its portfolio with divestments and major fibre network projects in Greater Melbourne.

FOS Capital reported solid FY25 results, driven by organic growth and key acquisitions that expanded its market footprint and improved profitability. The company’s strategic moves position it well for continued consolidation in the fragmented lighting industry.

Shine Justice Ltd reported a modest revenue increase for FY25 alongside a sharp decline in profit, raising questions about underlying challenges despite a steady dividend payout.

Vulcan Steel has successfully completed its institutional entitlement offer, raising A$59.4 million to fund the acquisition of Roofing Industries Limited. The retail entitlement offer opens next week, inviting eligible shareholders to participate under the same terms.

Australian Ethical Investment Limited has delivered a standout FY25 with record funds under management and significant profit growth, setting the stage for its next growth phase.

Australian Ethical Investment Limited reported a robust 68% rise in net profit after tax and a 34% increase in funds under management for FY25, driven by strong organic growth and the Altius acquisition. The company declared a fully franked final dividend of 9 cents per share, underscoring confidence in its growth trajectory.