Latest Balance Sheet News

WA Kaolin Limited has entered receivership with Cathro & Partners taking control, signalling urgent assessment of operations and potential sale or recapitalisation.

Li-FT Power has consolidated its Quebec lithium assets through the Winsome acquisition, secured an option on the Renard mine site, and bolstered its balance sheet with a C$20 million financing to fuel exploration and development.

Laramide Resources has raised $5 million through a private placement of 8.35 million shares at $0.60 each to a strategic investor, bolstering working capital for its uranium projects in the US and Australia.

Sports Entertainment Group (ASX:SEG) has secured A$14.6 million in an oversubscribed placement at A$0.28 per share to back its transformative acquisition of New Zealand’s MediaWorks. The deal creates a trans-Tasman media powerhouse with combined pro forma FY26 revenue of A$284 million and EBITDA of A$36.1 million.

Ovanti Limited is raising up to A$2.293 million through a 1-for-1 entitlement offer priced at $0.002 per share, marking a significant capital boost at a notable discount to recent trading.

Kincora Copper has accelerated exploration activities across its Australian portfolio, including partner-funded drilling with AngloGold Ashanti and sole-funded programs at Condobolin, while divesting its Mongolian assets for US$10 million to sharpen focus and strengthen its balance sheet.

Microequities Asset Management Group saw a 20.1% drop in profit after tax for FY26, hit by sharp valuation falls in tech-heavy portfolios amid AI fears, despite a 1.5% revenue rise and a strong balance sheet.

Motio Limited delivered a robust FY26 with profit before tax rising to $1.622 million, underpinned by record revenue months and a strengthened balance sheet following a capital raise.

IPD Group reported record FY26 results, driven by robust data centre expansion and the Platinum Cables acquisition, delivering earnings above guidance and declaring a higher dividend.

Bell Financial Group surged to a $21.7 million half-year profit, more than doubling its net profit on stronger markets and the launch of its Bell Potter Private Wealth platform. The company also lifted its interim dividend by 67%, reflecting confidence in its diversified financial services model.

Coast Entertainment updates valuations for its Dreamworld and SkyPoint assets, revealing a $52 million immediate uplift for Dreamworld following expanded land use approvals and a $14.7 million increase for SkyPoint.

Sequoia Financial Group has scrapped its fully franked interim dividend for the half-year ended December 2025, citing ongoing Federal Court proceedings and related legal claims. The Board prioritises capital preservation and risk reduction as the company navigates complex litigation tied to its InterPrac subsidiary.