Latest Business Management News

Myer Holdings reports a strong first half with total sales up 24.5% and underlying NPAT rising 21.7%, driven by brand expansion and strategic investments. The group’s growth strategy remains firmly on track amid ongoing market challenges.

Eden Innovations Ltd reports a $1.43 million half-year profit, reversing prior losses thanks to a $4.45 million property sale and significant debt reduction, while advancing international commercialisation of its concrete and fuel technologies.

ARC Funds Limited posted a $1 million loss for the half-year ending December 2025, while significantly increasing revenues and expanding its ownership in The Term Deposit Shop to 74.48%. The company raised nearly $1.9 million to support growth initiatives amid ongoing operational challenges.

Xero Limited has outlined a bold AI strategy and detailed the integration of Melio to accelerate its US market growth, supported by new financial disclosures and a clear path to profitability.

Xero Limited reveals new AI product demonstrations and updates on Melio’s integration, reaffirming ambitious US growth and FY28 revenue targets.

Australian Oil Company Limited (ASX, AOK) has secured key assets in Queensland's Surat Basin and completed a strategic acquisition in California, positioning itself for near-term production growth and exploration upside.

BSA Limited reported a mixed Q2 FY2026 with improved EBITDA margins and completed restructuring, yet faces ongoing risks from lost contracts and uncertain second-half profitability.

Australian Oil Company Limited reports stronger gas production in California’s Sacramento Basin and an $800,000 capital raise to advance new ventures and operational upgrades.

Bapcor reports a 2.7% revenue decline in 1Q26 and outlines a comprehensive operational review and cost-saving plan, setting cautious guidance for FY26.

Australian Finance Group Ltd (AFG) has reported record FY25 results, with net profit after tax rising 21% to $35 million, driven by strong growth across its broker network and manufacturing division.

Felix Group Holdings Ltd has launched a capped $1 million Share Purchase Plan (SPP) offering eligible shareholders a discounted entry to support its strategic acquisition of Nexvia Pty Ltd and fuel growth initiatives. This retail-focused SPP complements a larger institutional placement as Felix aims to expand its enterprise software footprint.

EVT Limited reported a solid financial year with normalised revenue rising 1.3% to A$1.237 billion and EBITDA up 6.3%, while net profit after tax surged 593%, driven by operational resilience and strategic growth initiatives including a major hotel management acquisition.