Latest Auditing News

Loftus Peak Global Disruption Fund delivered benchmark-beating returns across both its unhedged and hedged classes in the year to 30 June 2026, while net assets rose to $936.7 million. The annual report also records higher distributions and a clean audit opinion.

Vaughan Nelson Global Equity SMID Fund delivered a sharp rise in operating profit and more than quadrupled its net assets in FY2026, helped by $31.8 million in investment gains and strong investor applications. The result also leaves the ASX-listed Class B units with greater exposure to global equity and currency movements.

Blackpearl Group more than doubled annual recurring revenue to NZ$26.8 million in FY26, but the growth came alongside an NZ$17.8 million loss and a formal material uncertainty over its ability to continue as a going concern. The company says cost reductions, faster cash conversion and its refinanced BNZ facility can support the next phase.

New Age Exploration reported its strongest exploration results to date across three projects, including a 11.0 g/t gold intercept at Wagyu and a new mineralised zone at Lammerlaw. But the explorer’s $4.21 million loss, $2.48 million impairment and auditor-flagged going concern uncertainty leave its next drilling campaign dependent on further funding.

Pan African Resources expects FY26 EPS to rise as much as 151% and headline EPS to more than triple, driven by higher realised gold prices and sales. The company also projects further production growth in FY27, with formal results due next week.

LE Minerals has confirmed lithium-bearing brines across its White Plains project in Utah, with 12 direct push holes returning grades of up to 114 mg/L at 15 metres. The company will now work towards a maiden JORC Mineral Resource, although five southern auger sites produced no brine and several claims were not renewed.

Polymetals Resources moved its Endeavor silver-zinc-lead mine from restart to commercial production in FY2026, generating A$100.0 million in revenue. The milestone came alongside a A$47.0 million loss, negative operating cash flow and an auditor warning over going-concern uncertainty.

Osmond Resources reported a A$7.61 million FY26 loss and warned of a material uncertainty over its ability to continue as a going concern, despite holding A$5.50 million in cash. The company is betting its Spanish Orión project can move from exploration into a resource estimate and scoping study in the coming months.

Southern Cross Media Group has reshuffled its board leadership with Ryan Stokes stepping in as Non-Executive Chair as the company shifts focus to integration and performance following its merger with Seven West Media.

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Corporate Travel Management (ASX:CTD) has posted a $17.7 million net profit for FY26, reversing a prior $348.5 million loss, supported by UK client settlements, new debt facilities, and a governance uplift program.

Carnaby Resources has made significant strides at its Greater Duchess Copper Gold Project, delivering a robust Pre-Feasibility Study and consolidating ownership, before agreeing to a $213 million acquisition by Evolution Mining offering shareholders a 60% premium.