Latest Capital Raising News

Rubicon Water reported a record FY25 revenue of A$69.1 million, driven by strong growth in the US and Rest of World markets, while reducing its net loss and building a robust project pipeline for FY26.

Rubicon Water Limited posted its strongest revenue since IPO at $69.1 million in FY25, driven by robust growth in the US and EMEA markets. Despite a $7 million net loss, the company improved cash flow and reduced debt, positioning itself for further global irrigation automation expansion.

Carnegie Clean Energy reported a $2.33 million net loss for FY2025 but made significant strides in commercialising its wave energy technologies, supported by new loans and a US subsidiary launch.

Vitura Health reported a modest revenue increase to $124 million for FY2025, while net profit dipped 5.35% due to margin pressures and investment in new platforms. The company declared a fully franked dividend and highlighted growth in telehealth and medical services.

Sayona Mining has secured shareholder approval for its merger with Piedmont Lithium, with completion slated for August 30, 2025. The deal promises to reshape the lithium supply landscape and unlock significant growth potential.

Elsight Limited has reported a remarkable 344% jump in first-half revenue to US$4.85 million, significantly narrowing its net loss and securing a substantial US$39 million capital raise to fuel growth.

Bayan Mining and Minerals Limited has secured $3.27 million through a strategic placement to fast-track exploration at its Desert Star projects in California’s Mojave Desert, positioning itself near major rare earth and gold mining operations.

Felix Group Holdings Limited reported a reduced net loss for FY25 alongside a 20% growth in enterprise ARR and a strategic acquisition of Nexvia to accelerate its supply chain platform expansion.

My Foodie Box Ltd reported a net loss of $240,933 for FY25 following the divestment of its core meal kit business and is now pursuing a complex relisting on the ASX amid ongoing funding needs and going concern uncertainties.

Perpetual Credit Income Trust reported a 20.7% increase in net assets to $532.8 million for FY25, while posting a modest profit decline amid challenging market conditions. The Trust’s $93 million capital raise and diversified credit portfolio underpin its strategy for stable income and growth.

Qualitas Real Estate Income Fund reported a robust FY25 with net assets soaring 44% to nearly $975 million and operating profit climbing 19.6%. The fund expanded its loan portfolio and successfully raised $295 million to fuel further growth.

X2M Connect has successfully completed an oversubscribed capital raise, securing $5.4 million to strengthen its balance sheet and accelerate growth across Asia and the Middle East.