Latest Capital Investment News

Select Harvests Limited reported a strong financial turnaround in FY2024 with a $46 million EBITDA and a modest net profit, while facing shareholder concerns over a recent capital raise and remuneration report at its AGM.

MLG Oz Limited reported a robust 20.5% increase in revenue for the first half of FY2025, reaching $272.9 million, even as net profit after tax declined to $4.1 million. The company anticipates stronger growth in the second half, supported by new contracts and fleet expansion.

MLG Oz Limited posted a 20.5% increase in revenue to AUD 272.9 million for the half-year ended December 2024, driven by strong gold industry activity. However, net profit after tax fell 42.7% to AUD 4.1 million, reflecting margin pressures and higher depreciation costs.

Acorn Capital Investment Fund’s shares were suspended following a late submission of its January 2025 Net Tangible Asset Statement, attributed to human error. The company has assured shareholders the issue is resolved and trading resumed promptly.

Acorn Capital Investment Fund Limited has been suspended from ASX trading due to a delayed periodic report, raising questions about its compliance and investor transparency.

BlueScope Steel reported steady revenue of $8.59 billion for the first half of FY2025, maintaining solid earnings despite challenging raw material costs and subdued housing demand. The company’s diversified operations and ongoing capital investments underpin its resilience amid market headwinds.

LGI Limited reported a 7% rise in revenue and a 3% increase in EBITDA for H1 FY25, driven by expanded power generation capacity and higher landfill gas flows. However, net profit after tax declined by 22%, reflecting ongoing investment and market dynamics.

Cochlear Limited has reported a robust half-year performance with a 7% increase in underlying net profit and an 8% rise in interim dividends, driven by strong sales in cochlear and acoustic implants despite a decline in services revenue.

Northern Star Resources delivered strong half-year financials for FY25, showcasing significant growth in EBITDA and cash earnings while advancing its strategic acquisition of De Grey Mining.

Northern Star Resources has reported a remarkable 155% surge in net profit for the half year ended December 2024, driven by higher gold prices and solid operational output. The company also announced a 25 cent per share interim dividend, underscoring confidence in its financial strength.

Origin Energy reported a robust half-year result for December 2024, with revenue up 10% and profit rising 2%, while accelerating investments in battery storage and renewables.

Alliance Aviation Services reported an 11.3% revenue increase to $333 million and a 9.9% rise in net profit to $28.9 million for H1 FY2025, navigating challenges from industrial action and contract reductions.