Latest Competition News

Abacus Storage King reported a 109% surge in net profit for FY25, while rejecting an initial takeover bid and entering due diligence on a revised offer. The company’s strong operating platform and strategic acquisitions underpin its growth ambitions.

NEXTDC has expanded its senior debt facilities to A$6.4 billion, enhancing financial flexibility to support rapid expansion driven by record contract wins and rising demand for AI and cloud infrastructure.

Articore Group reported an 11% decline in FY25 revenue to $438.6 million, with net losses widening to $11.3 million despite margin improvements from operational restructuring. The company aims for a profitable turnaround in FY26 under new leadership.

Ventia Services Group Limited has announced an ordinary dividend of AUD 0.1071 per share for the six months ending June 2025, with 90% franking, payable in October.

Ventia Services Group reported a 32.6% jump in half-year profit to $134.5 million despite a slight 1.5% revenue decline, declaring a 10.71 cents interim dividend and upgrading full-year earnings guidance.

Maas Group Holdings prepares to release its FY25 audited results on August 21, followed by the release of over 660,000 shares from voluntary escrow, marking a key milestone since its 2020 IPO.

Activeport Group has unveiled Private-Cloud Connect, Australia’s first variable bandwidth fibre network for private cloud services, securing three major data centre customers shortly after launch.

Bailador Technology Investments reported a $19.25 million net profit for FY25, down 7%, while its private portfolio surged with a 33% internal rate of return. The company declared a fully franked 3.6 cent dividend, underscoring confidence in its growth strategy.

Euro Manganese Inc. reported a $12.8 million loss for the nine months ended June 30, 2025, while securing $11.1 million in equity financing and amending its $20 million convertible loan facility. The company highlights ongoing funding risks as it advances its manganese projects.

Temple & Webster Group Limited has delivered a record FY25 with $601 million in revenue and a 43% jump in EBITDA, positioning itself strongly in the Australian furniture and homewares market. The company is on track to surpass $1 billion in annual revenue within the next few years.

Temple & Webster Group Ltd has reported record FY25 results with revenue climbing 20.7% to $600.7 million and profit before tax more than doubling to $14.8 million, driven by market share gains and disciplined cost management.

Telstra Group Limited has released its full-year financial results for FY2025, setting the stage for an in-depth analyst briefing and webcast. Investors await detailed insights into the company’s performance and strategic direction.