Latest Bank Facilities News

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Codan Limited has delivered a robust FY25 performance, with revenue up 22% and net profit rising 27%, underpinned by strong growth in its Communications and Metal Detection segments. The company also announced a 27% increase in dividends and a significant reduction in net debt.
Sophie Babbage
Sophie Babbage
21 Aug 2025
VEEM Ltd posted a 15% revenue decline and a 57% net profit drop for FY25, reflecting cyclical defence contract impacts. The company secured a $65 million ASC contract extension and continues investing in R&D and automation to drive future growth.
Victor Sage
Victor Sage
21 Aug 2025
Vicinity Centres reported a robust FY25 with statutory net profit soaring to $1 billion, driven by strategic portfolio repositioning and strong leasing momentum. The company’s focus on premium retail assets and key developments underpin a cautiously optimistic outlook for FY26.
Eva Park
Eva Park
20 Aug 2025
COSOL Limited reported a robust 15% revenue increase in FY25, bolstered by organic growth and the strategic acquisition of Toustone, enhancing its AI capabilities. The company is poised for continued expansion with a focus on multi-year contracts and proprietary software solutions.
Sophie Babbage
Sophie Babbage
20 Aug 2025
Lynch Group Holdings Limited reported solid revenue growth and a sharp reduction in net loss for FY2025, while announcing a scheme of arrangement acquisition by Hasfarm Holdings Limited.
Ada Torres
Ada Torres
20 Aug 2025
Simonds Group reported a stable $665.6 million revenue for FY25, with normalised net profit after tax surging 90% to $5.7 million, driven by the acquisition of Dennis Family Homes and improved margins.
Victor Sage
Victor Sage
18 Aug 2025
Mirvac Group reported a solid FY25 operating profit of $474 million, maintaining strong momentum in its living sector and residential pre-sales. The company is poised for growth in FY26, supported by easing interest rates and a robust development pipeline.
Eva Park
Eva Park
15 Aug 2025
Iress Limited reported a stable half-year profit for 2025, maintaining net earnings despite a slight revenue dip and ongoing divestments. The company strengthened its balance sheet through debt reduction and declared a healthy interim dividend, while exploring potential acquisition opportunities.
Sophie Babbage
Sophie Babbage
11 Aug 2025
Metro Performance Glass proposes a $15–24 million recapitalisation involving a discounted rights offer and a major placement to Amari Metals, who would become the controlling shareholder.
Victor Sage
Victor Sage
11 Aug 2025
Vmoto reports a sharp 44% decline in 2Q25 sales driven by China’s slowdown but counters with strategic UK investment and a new Uber partnership to electrify European delivery fleets.
Victor Sage
Victor Sage
5 Aug 2025
Reckon Limited delivered a robust half-year performance in HY25, driven by strong cloud revenue growth and a key acquisition that expanded its SME client base. The company also declared a fully franked dividend, underscoring confidence in its ongoing strategy.
Sophie Babbage
Sophie Babbage
5 Aug 2025
Babylon Pump & Power has locked in a $21.15 million debt facility with NAB to refinance existing loans and support recent acquisitions, positioning the company for expanded operations.
Victor Sage
Victor Sage
1 Aug 2025