Latest Balance Sheet News

Connexion Mobility Ltd has agreed to acquire Hallam Road Automotive in a A$5 million deal expected to immediately lift earnings per share by up to 35% and reduce exposure to foreign exchange fluctuations.

MaxiPARTS has seen activity levels dip due to the Middle East conflict but expects to maintain profit margins through cost controls and a resilient Förch Australia segment.

Fletcher Building has cleared a major hurdle in its divestment strategy, with the sale of its Construction Division to VINCI Construction now unconditional and the purchase price rising to about $334 million.

General Capital Limited reported an 18% increase in revenue to $26.8 million for the year ended March 2026, while net profit after tax held steady at $2.7 million amid economic uncertainty and a goodwill impairment. The company declared a fully imputed final dividend, signalling confidence despite regulatory challenges.

Nationwide Building Society reported a 9% rise in underlying profit to £2.026 billion for FY26, driven by market-leading mortgage growth and successful Virgin Money integration, while maintaining robust capital and liquidity positions.

Findi Limited lowers its FY26 operating revenue and EBITDA guidance, citing integration costs and funding delays, but reports operational improvements following a $25 million equity raise and appoints a new Chief Commercial Officer.

Elanor Investors Group has obtained an ASX waiver allowing it to delay issuing stapled securities as part of its acquisition of Singapore-based Firmus Capital until July 10, 2026, due to pending regulatory approvals.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.

IPD Group signals a strong FY26 with EBITDA guidance up 18% and robust revenue growth, underpinned by acquisition integration and operational efficiencies.

Brookside Energy has completed critical pad and access preparations for its two-well development program at the SWISH Area of Interest, setting the stage for drilling and production growth in the Anadarko Basin.

Australian Agricultural Company (ASX:AAC) defies North Queensland floods to deliver a 23% jump in operating profit, driven by strong beef pricing and herd valuation gains.