Latest Cost Management News

OFX Group has almost completed migrating its corporate clients to a new platform, driving a 177% jump in non-FX revenue despite a quarterly dip in overall income. The company targets a return to growth in FY27 amid ongoing strategic review.

Aurora Labs has made significant strides in commercial propulsion delivery and deepened its partnership with European defence giant MBDA, while scaling manufacturing capabilities and reinforcing its Board with defence expertise.

Perseus Mining delivered a strong March quarter with a 21% jump in gold production and a cash pile swelling to US$817 million, while confirming the completion of its US$260 million Meyas Sand Project sale. The Nyanzaga development remains on track for first gold in January 2027.

Hillgrove Resources posted a record 3,120 tonnes of copper production in Q1 2026, driving a 22% jump in cash to $25.2 million. The company’s exploration at Emily Star and Nugent underpins ambitions to surpass 2 million tonnes annual throughput.

AMA Group reported a steady third quarter with operational improvements across multiple segments and reiterated its full-year EBITDA guidance despite geopolitical uncertainties.

Elsight Limited has reported a staggering 12-fold revenue increase in Q1 2026 to US$11.6 million, driven by strong U.S. defence contracts and early commercial traction. The company also soft-launched a GNSS-denied positioning product, marking a strategic shift toward a broader uncrewed systems platform.

Perpetual Limited weathered a turbulent March quarter with a 3.6% drop in assets under management to A$219.2 billion amid currency pressures and outflows, while advancing the sale of its Wealth Management business to Bain Capital.

Northern Star Resources strengthened its cash flow and maintained FY26 production guidance above 1.5 million ounces despite cost inflation and operational challenges. The KCGM Mill Expansion remains on track for early FY27 commissioning, underpinning confidence reflected in a $500 million share buy-back announcement.

Advanced Braking Technology Ltd (ASX: ABV) reported a 28% jump in product sales revenue to $6 million for Q3 FY26, driven by strong aftermarket sales and international market traction. The company also advanced certification of its autonomous BRAKEiQ system, targeting FY27 adoption.

Energy Action Limited posted a milestone quarter ending March 2026, delivering positive operating cash flow for the first time in FY26 alongside strong revenue gains and a notable $0.5 million debt repayment. Governance changes add a layer of uncertainty ahead of a scheduled general meeting.

Elixinol Wellness maintained steady revenue at $3.5 million in Q1 FY26 while boosting gross margins to 45% and reporting a second consecutive quarter of positive underlying operating cash flow.

Butn Limited surged to record monthly originations and revenue in March 2026, while cutting costs and completing a share buy-back, underscoring its drive to scale embedded SME funding solutions.