Latest Competition News

Adrad Holdings reported solid FY25 results with revenue climbing 8.9% to $153.1 million, despite a slight dip in EBITDA due to cost pressures. The company boosted its dividend by 18%, reflecting confidence in future growth.

ADX Energy has been awarded a new offshore gas exploration permit in the Sicily Channel, Italy, boasting significant prospective resources and strategic proximity to key infrastructure. The company plans further seismic work and drilling to unlock the permit’s potential.

Cleo Diagnostics has launched a health economic study in partnership with EntityRisk and Norstella to support the U.S. market entry of its Ovarian Cancer Pre-Surgical Test, aiming to refine reimbursement strategies and accelerate commercialisation.

Apiam Animal Health has received a non-binding indicative proposal from Adamantem Capital Management to acquire the company at $0.88 per share, sparking a potential shift in ownership for the veterinary services leader.

Adrad Holdings reported a 5% decline in net profit for FY25 amid rising sales, while rewarding shareholders with an 18% increase in dividends.

betr Entertainment Limited has lodged a replacement bidder’s statement enhancing its all-scrip takeover offer for PointsBet Holdings Limited, promising significant cost synergies and a stronger foothold in Australia’s wagering market.

Amaero Ltd reported a 470% revenue surge to $3.8 million for FY2025, driven by expanded production capacity and exclusive supply deals, while continuing to invest heavily in infrastructure and operations, resulting in a $24.4 million loss.

AdNeo Limited has issued a prospectus to facilitate secondary trading of shares issued without prior disclosure, following its acquisition of Learnt Global and a $5.65 million capital raise. The company also offers multiple options to investors, directors, brokers, and consultants as part of its growth strategy.

PointsBet Holdings has updated shareholders on MIXI Australia’s unconditional takeover offer, raising the cash price to $1.25 per share and securing unanimous board support. The company also dismissed a rival scrip bid from Betr Entertainment as inferior.

Forrestania Resources has announced its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a significant step toward becoming a high-margin gold producer.

Triangle Energy and Athena Exploration have significantly upgraded gas resource estimates for the UK P2628 permit, positioning themselves among the top undeveloped gas holders in the region.

Charger Metals has announced a maiden inferred mineral resource of 8.2 million tonnes at 1.0% lithium oxide for its Medcalf Lithium Deposit, underscoring the significant potential of its Lake Johnston project in Western Australia.