Latest Competition News

Raptis Group Limited has announced the resignation of CEO Russell Garnett, with Executive Director Malcolm Cory stepping into the leadership role. This executive shuffle follows a recent board change and signals a new chapter for the company.

Brisbane Broncos Limited reported a 38% increase in half-year profit before tax to $8.69 million, driven by an additional NRL home game and stronger revenue streams including ARLC grants, memberships, sponsorships, and merchandise sales.

Felix Group Holdings Limited announces a strategic acquisition of Nexvia Pty Ltd to boost vendor monetisation and expand its SaaS platform capabilities, supported by a $16 million capital raise. The deal is expected to increase Felix’s pro-forma ARR by 38%, positioning the company for accelerated growth.

Felix Group Holdings reports a solid 22% increase in FY25 sales revenue and a notable 32% improvement in adjusted EBITDA loss, driven by strong enterprise platform sales and new customer wins.

Dart Mining NL has launched a significant options offer tied to a recent $2.86 million placement, potentially raising over $6 million if exercised. The offer includes a mix of placement, broker, and bonus options, subject to shareholder approval and ASX quotation.

Orbminco Limited is proposing a 20 – 1 consolidation of its issued shares to streamline its capital structure and broaden investor appeal, with shareholder approval sought in September.

Wide Open Agriculture has launched a pre-feasibility study for a large-scale lupin protein facility in Western Australia, aiming to establish a new global food category and reduce production costs. This move marks a pivotal step toward commercial scale and global leadership in sustainable plant-based proteins.

ARB Corporation Limited has announced a special fully franked dividend of AUD 0.50 per share for the fiscal year ending June 2025, alongside attractive reinvestment options for shareholders.

SEEK Limited has released its FY2025 full year results presentation, offering insights into its financial and operational performance amid evolving market dynamics.

Opthea has successfully settled its Development Funding Agreement, avoiding a potential $680 million liability and securing $20 million in cash. Leadership changes include the CEO and CFO stepping down, with the Chairman assuming CEO duties.

HUB24 Limited has reported a standout FY25 with robust revenue growth, record net inflows, and a significant dividend increase, reinforcing its leadership in Australia's wealth management platform sector.

SRG Global has posted a record FY25 financial performance, driven by strong organic growth and strategic acquisition integration, setting the stage for continued expansion in FY26.