Latest Annual Reports News

Global X Nasdaq 100 Covered Call Complex ETF reported a sharp improvement in annual profit, helped by a swing to fair-value gains and continued investor applications. The ASX-listed feeder fund paid or accrued $2.731 million in distributions, but the result does not show whether investors achieved a positive total return after unit-price movements.

Patrys has moved its injectable quetiapine program into human testing, while its FY2026 annual report warns the company will need further funding within 12 months. The company ended the year with $3.36 million in cash after raising capital and acquiring the RLS-2202 development program.

Global X US Infrastructure Development ETF delivered a sharp rise in annual profit and nearly doubled its asset base, but disclosed that its net asset value has since fallen more than 10%. The filing leaves the size and drivers of that post-year-end decline unspecified.

Global X India Nifty 50 ETF (ASX:NDI) swung from a AUD6.913 million profit to a AUD39.988 million loss as the value of its Indian equity portfolio fell sharply. The result was driven chiefly by unrealised mark-to-market losses, while net assets declined despite continued investor applications.

Spacetalk Limited (ASX:SPA) has posted a sharply deeper FY26 loss and negative net assets, while its auditor flagged a material uncertainty over the company’s ability to continue as a going concern. The company says a $10 million post-year-end placement, note conversions and new telco agreements give its software-led strategy room to execute.

LDR Capital Property Fund plans to retire $81.6 million of debt after asset sales, targeting a sharp reduction in gearing while it reshapes the portfolio. Investors will receive no distributions for the first two FY27 quarters, with payments deferred until March and June 2027.

Adavale Resources has expanded its Parkes gold inventory to 383,300 ounces and consolidated a 610-square-kilometre position around London-Victoria and Calarie. The gains came alongside a larger annual loss, A$4.95 million in operating cash outflows and an auditor warning that future funding remains critical.

Western Ridge Resources reported a $12.22 million loss for the year ended 30 June 2026, with cash falling to $407,860 and its auditor warning of a material uncertainty over the company’s ability to continue as a going concern. The company is now relying on Keystone drilling and further funding to advance its Nevada exploration strategy.

Embelton Limited (ASX:EMB) grew revenue, profit and operating cash flow in FY2026 despite subdued residential construction, while maintaining its 35-cent fully franked annual dividend. The flooring and engineering group is leaning further into infrastructure, data centres, healthcare and other commercial work, although its near-term contracting pipeline remains modest.

Intelligent Investor Australian Equity Income Fund (ASX:INIF) more than quadrupled its annual profit to $8.701 million, lifting distributions to 32.62 cents per unit. But $14.443 million of redemptions exceeded new applications, while the proposed sale of the Intelligent Investor business to Teaminvest Private Group remains conditional.

WT Financial Group has delivered its sixth consecutive year of growth, with EBITDA rising 19.5% to $8.2 million and operating cash flow reaching $10.3 million. The ASX-listed advice network is now shifting from building scale to monetising its B2B platform and Hubco investments, while carrying higher provisions and debt.

NGX Limited (ASX:NGX) has warned of a material uncertainty over its ability to continue as a going concern after cash reserves fell to A$1.65 million. The minerals explorer says it will need additional working capital through September 2027, despite advancing graphite, rutile and uranium projects.