Latest Competition News

Property for Industry Limited (NZX: PFI) reported a resilient FY26, delivering a 14% rise in adjusted funds from operations per share and a 10.5% dividend increase, backed by strong portfolio occupancy and progress in green developments.

AdAlta Limited (ASX:1AD) has progressed its ‘East to West’ cellular immunotherapy strategy by securing its first CAR-T asset, advancing Australian manufacturing and US FDA regulatory engagement, while raising A$5.3 million in FY2026 and reporting a net loss of $4.68 million.

EQT Holdings has received a non-binding takeover proposal from BGH Capital valuing the company at $24.75 per share, subject to due diligence and regulatory approvals.

Charter Hall Group (ASX:CHC) posted a 26.8% jump in operating earnings to $488.1 million for FY26, supported by record equity inflows and strong property funds management growth.

Ovanti Limited has launched a 1-for-1 entitlement offer to raise approximately AUD 2.293 million at 0.2 cents per share, targeting working capital and offer costs. The offer closes on 1 September 2026 and includes a top-up facility for additional shares.

Beam Communications (ASX:BCC) swung from a $13.5 million loss in FY25 to a $14.3 million profit in FY26, driven by the divestment of Zoleo and a return to EBITDA profitability in its core operations. The company declared a one-off $1.2 million unfranked dividend and doubled its cash reserves to $3.7 million.

AMA Group Limited (ASX: AMA) reversed losses with a statutory profit of AUD 7.7 million in FY26, driven by revenue growth and operational improvements across key segments. The company declared a fully franked dividend, its first since 2019, and outlined a positive outlook for FY27.

Pro Medicus' US arm, Visage Imaging, has landed a substantial 7-year, A$25 million contract to deploy its Visage 7 cloud-based imaging platform across Valley Health's hospital network in Virginia and West Virginia.

Li-S Energy reported a reduced net loss of $4.9 million in FY26, propelled by major technological advances and a $7.8 million ARENA grant to scale manufacturing. The company secured key regulatory approvals and expanded strategic defence partnerships, positioning itself at the forefront of sovereign lithium sulfur battery supply.

TPG Telecom posted a steady half-year with 3.1% mobile revenue growth offsetting broadband declines, delivering 1% EBITDA growth and declaring a 10 cent dividend.

NAOS Small Cap Opportunities Company Limited trimmed its after-tax loss to $6.6 million in FY26 while maintaining a 5-cent per share dividend. Despite portfolio underperformance against the ASX Small Ordinaries, the company’s shares rallied to trade at a premium to net tangible assets, with management optimistic about earnings momentum in FY27.

Elevra Lithium has secured a binding seven-year supply agreement with Mangrove Lithium for spodumene concentrate from its North American Lithium site, anchoring a key feedstock for Mangrove’s planned Canadian lithium conversion facility.