Latest Capital Allocation News

Virgin Australia Holdings (ASX:VGN) posted a 13.4% rise in underlying EBIT to $753 million for FY26, declaring a fully franked dividend of 7.6 cents per share, its first since relisting. The airline’s transformation program, fleet renewal, and operational resilience underpin its improved financial and customer metrics.

Shine Justice Ltd reported a modest 2.3% revenue increase to $209.2 million for FY26, alongside a striking 1,578% jump in net profit after tax to $9.6 million. The company declared a fully franked final dividend of 2.5 cents per share, signalling confidence amid ongoing investments in technology and international expansion.

Air New Zealand reported a $242 million net loss after tax for FY2026, hit by soaring fuel costs linked to the Middle East conflict and persistent engine issues. The airline unveiled a new strategy aiming for operational resilience and targeted growth amid ongoing cost pressures.

Alfabs Australia delivered an 11% revenue increase and improved free cash flow in FY26, progressing its debt restructuring and setting the stage for dividend reinstatement.

Aeris Resources delivered a standout FY26 with revenues up 22% and profit after tax surging 295%, buoyed by operational gains and a strategic acquisition of Peel Mining.

Solution Dynamics Limited reported an 85% drop in net profit for FY2026 to NZD 0.38 million, hit by a major contract loss and investment in its new AI-driven dental marketing platform, nGAGE.

Summerset Group Holdings posted a 92% jump in half-year net profit to NZ$171.4 million, driven by strong sales and disciplined cash management. The company also updated its dividend policy to align payouts with operating cash flow, reflecting its maturing portfolio and cautious growth approach.

IVE Group posted a mixed FY26 with a 1.8% revenue decline but underlying profit growth, strategic acquisitions, and notable progress in AI commercialization and climate disclosures.

Fenix Resources reported a 131% jump in net profit to $12.47 million for FY26, driven by an 87% surge in revenue amid ongoing production ramp-up and infrastructure investments.

humm Group reports a 60% drop in FY26 net profit after tax to $15.7 million, weighed down by irregular legal expenses and credit impairments, while declaring a final dividend and completing major board renewal.

Abacus Group (ASX:ABG) posted a statutory net loss of $74.5 million for FY26, driven by a $122.1 million accounting hit from reclassifying its Storage King stake following management internalisation, while Funds from Operations dipped slightly and distributions were held steady.

Aurizon launches a $250 million on-market share buy-back starting September 2026, signalling confidence in its financial outlook and disciplined capital management following a strong FY2026 performance.