Latest Communications News

Li-S Energy has narrowed its FY26 loss and reached several commercialisation milestones, including a 2C Power Cell, international shipping approvals and its first lithium foil sale. But the ASX battery developer still needs customer offtake and fresh funding before its proposed 1 GWh manufacturing expansion can become reality.

Codan expects first-half FY27 net profit after tax of at least $160 million, powered by a sharp increase in Communications revenue and margins. The company is raising its full-year Communications growth target, while warning that conflict-region demand remains difficult to forecast beyond three months.

WCM Quality Global Growth Fund delivered a positive 16.87% return for the year, although it lagged its global benchmark and reported sharply lower distributions. Its longer-term record remains ahead of the benchmark, leaving investors weighing recent relative weakness against a new income-focused policy.

Rubicon Water’s technology has been selected as part of a joint venture bid for a major Moroccan irrigation upgrade covering 69,600 hectares. The opportunity could become its largest EMEA contract, but formal execution remains subject to a 15-day appeal period and subsequent commissioning.

Barramundi Limited (NZX:BRM) has reported the worst performance in its 20-year history, with a NZ$42.9 million net loss and a 17.0% fall in gross portfolio performance. The board is reviewing Fisher Funds’ management performance just weeks before its five-year agreement comes up for renewal.

Equatorial Resources has completed the final procedural steps in its high-value Congo arbitration, with an ICSID award indicatively expected in the first half of 2027. The cash-backed explorer is also defending a separate A$4.85 million claim from former legal adviser Clifford Chance.

Beam Communications has returned $13.3 million to shareholders after completing the ZOLEO divestment, while its continuing operations moved back into profitability. The turnaround comes with a sharp revenue decline and management warning that FY27 revenue and profit will be lower than FY26.

BOA Resources says it is unaware of undisclosed information behind a sharp increase in trading, despite further Ricci Lee assay results remaining pending through October. The company attributed the move to investor reaction to its recent high-grade copper announcement.

Perpetual returned to statutory profitability in FY26 and lifted underlying profit and dividends, helped by Corporate Trust and cost savings. But the annual report also exposes the pressure points behind the recovery: $25.1 billion in Asset Management outflows, a $63.5 million TSW impairment and an uncertain Wealth Management sale.

Nanoveu has received the first packaged engineering samples of its 16nm ECS-DoT edge AI chip from TSMC, moving the program from design files to physical silicon. The next test is whether the added memory, radio and accelerators deliver the power and performance promised on paper.

Ingenia Communities has rejected Warburg Pincus’s revised $5.05 per stapled security proposal, saying the offer substantially undervalues the group. The board remains open to a higher-value approach, leaving the takeover discussion unresolved.

Austco Healthcare delivered record FY26 revenue and statutory profit, with stronger margins, cash generation and a modest recovery in contracted orders entering the new financial year. The company is pairing that momentum with further reseller consolidation, including the $2.88 million acquisition of Medical Communications Systems.