Latest Competition News

BSP Financial Group Limited reported a solid half-year net profit of K572 million for June 2025, supported by steady income growth and prudent credit risk management. The Group also completed a strategic conversion of its Fiji branch into a wholly owned subsidiary, enhancing operational and regulatory alignment.

Babylon Pump & Power Limited reported a 24% revenue decline for FY2025 but achieved a 55% increase in profit, highlighting improved operational efficiency amid challenging conditions.

Cuscal Limited has reported a strong FY25 performance exceeding its Prospectus forecasts and announced a $75 million cash acquisition of Indue Limited, aiming to create a more resilient and competitive payments business.

GQG Partners reported a robust first half of 2025 with funds under management rising to US$172.4 billion and net revenue increasing 11%, driven by solid net inflows and capital appreciation. The firm also expanded its product suite, including launching an active ETF, while maintaining strong investment performance across strategies.

Cuscal Limited has exceeded its FY25 profit expectations and announced a strategic $75 million acquisition of Indue Limited, aiming to boost scale and efficiency in the Australian payments sector.

Cuscal Limited reported a 6% revenue increase for FY25 and announced a strategic acquisition of Indue, alongside a leadership change and a higher final dividend.

BrainChip Holdings reports a significant revenue surge and reduced losses in H1 2025, underpinned by new contracts, strategic collaborations, and an expanded funding agreement.

EVZ Limited reported solid FY2025 results with an 8% increase in revenue to $108 million and a 20% rise in EBITDA, underpinned by operational improvements and a robust contract backlog exceeding $90 million.

Sky New Zealand has locked in a five-year exclusive broadcast partnership with New Zealand Rugby and SANZAAR, ensuring fans access to every major rugby moment through to 2030. The deal expands coverage of both men's and women's rugby, including new tournaments and historic tours.

The Federal Court has approved the transfer of Centrex Limited’s shares to PRL Global, marking the end of Centrex’s external administration and a new chapter as a PRL subsidiary.

Qualitas Limited reported a robust 36% increase in normalised net profit before tax for FY25, driven by strong fee growth and principal income, while guiding for further growth in FY26. The company’s expanding private credit focus and ESG initiatives position it well amid evolving market conditions.

GLG Corp has significantly revised its profit guidance for FY2025, now expecting a net loss of up to $1.5 million, a sharp increase from earlier estimates.