Latest Cost Reduction News

Oliver’s Real Food reported an 18% revenue decline in the March 2025 quarter, impacted by store closures and trading calendar shifts, yet achieved a strong rebound in EBITDA margin to 11.5%.

Way2VAT Ltd reported a robust 54% increase in Q1 FY25 revenue to A$1.05 million, driven by new client onboarding and higher VAT claim volumes, alongside strategic cost reductions and fresh credit facilities.

GreenHy2 Limited reports a strategic push in Europe with new contracts for its advanced supercapacitor and hydrogen storage technologies, alongside a cash position of $814K and four quarters of funding runway.

Mach7 Technologies reported a robust Q3 FY25 with a CARR of A$30.8 million and positive operating cash flow, while announcing a leadership change and reaffirming growth guidance.

Dubber Corporation Limited reported a 6% quarter-on-quarter revenue increase to $11 million in Q3 FY25, alongside a 7% reduction in cash-based costs, positioning the company to achieve operating cash flow breakeven by June 2025.

Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.

Agrimin Limited has received key environmental approval for its Mackay Potash Project while initiating a strategic review in response to sector challenges, alongside notable leadership changes.

MyEco Group is streamlining its manufacturing footprint and expanding outsourced production to cut fixed costs by up to $3 million annually, aiming to enhance margins and achieve positive EBITDA in the medium term.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.

Fletcher Building reported a challenging HY25 with a 7% revenue decline and a net loss of NZ$134 million, while executing a $700 million equity raise to strengthen its balance sheet and advancing significant cost reduction initiatives.

Mineral Resources Limited reported a challenging FY25 half-year with a 9% revenue decline and a 55% drop in underlying EBITDA, yet its Mining Services segment and Onslow Iron project show promising growth trajectories.

3P Learning Limited reported a modest revenue decline but dramatically reduced its half-year loss, while strategically acquiring Intrepica Pty Ltd to bolster its literacy offerings.