Latest Capital Allocation News

Serko Limited posted a 34% jump in total income to NZD 120.9 million for FY26, powered by strong Booking.com for Business growth and a full year of GetThere revenue. The company’s EBITDAFI surged 137%, while net loss narrowed. Serko.ai’s US closed beta marks a strategic pivot into AI-driven business travel.

Electro Optic Systems (ASX:EOS) has closed its three-year turnaround and is now poised for growth, backed by a landmark high-energy laser contract, a major European acquisition, and a $175 million capital raise.

Atomic Eagle Limited has secured an option to acquire the Sitwe Uranium Project in Zambia, increasing its exploration acreage by 38% and complementing its flagship Muntanga asset with promising historical uranium intercepts.

PLC Resources has secured A$1.8 million through a share placement to fund expanded drilling and exploration at its Yalgoo and Abbotts North gold projects in Western Australia, marking a key step in advancing resource potential.

Legacy Minerals leverages AI to pinpoint 38 new gold-silver-copper targets at Mt Carrington, advancing exploration beyond its 115Moz silver equivalent resource with imminent drilling at Emu Prospect.

Ariana Resources has monetised part of its Zenit holding for US$19.5 million cash, retaining a 9.9% stake and boosting its war chest to advance the Dokwe Gold Project feasibility study in Zimbabwe.

Life360 has authorized a $225 million share repurchase program aimed at offsetting dilution from stock-based compensation, supported by robust cash flow and a strong balance sheet.

ALS Limited reported a 25.8% jump in underlying net profit after tax to AUD 381.2 million for FY26, driven by strong commodity testing demand and margin expansion. The company raised its dividend and advanced major hub lab projects while navigating a post-year-end cyber incident.

Brambles has trimmed its FY26 profit outlook due to US pallet repair capacity issues, impacting earnings by about US$60 million. The company is investing in quality improvements and expanding repair capacity, while announcing a new US$400 million share buy-back reflecting confidence in its cash flow.

Gentrack Group delivered steady revenue with a 12% rise in recurring income but saw EBITDA fall due to project delays and investment. The company announced two acquisitions to bolster AI and energy pricing capabilities alongside a $20 million share buyback plan.

Nelson Resources has staked 186 claims forming the Cinnamon Property in Nevada, next to Guardian Metal's Pilot Mountain tungsten project, positioning itself in a strategic US critical minerals district amid soaring tungsten prices and supply concerns.

Atlas Arteria reported a resilient 2025 with 9.3% EBITDA growth and steady toll revenue, while its Board unanimously urged investors to reject IFM’s unsolicited takeover offer, citing undervaluation and onerous conditions.