Latest Cost Savings News

Aura Consolidated Group delivers strong pro forma Q2 2026 results with 27% revenue growth and a 51% improvement in adjusted EBITDA following its acquisition of Qoria.

Block, Inc. delivered a robust Q2 2026 with 25% gross profit growth, driven by strong Cash App and Square performances, and raised its full-year guidance reflecting accelerating AI integration and hardware innovation.

Endeavour Group posted a 1.3% rise in FY26 sales to $12.2 billion but underlying profit slipped as it flagged $372 million in significant asset write-downs and restructuring costs.

Critica Limited has achieved a roughly 30% reduction in sulphuric acid consumption in the hydrometallurgical circuit of its Jupiter Rare Earth Project, confirmed by independent labs. This milestone complements earlier gains in concentrate grade and rare earth recovery, underpinning a lower-cost processing route ahead of the Q3 2026 scoping study.

Micro-X has named Brian Gonzales as its new CEO, initiating a strategic reset focused on medical CT technology. The company also secured $8 million in convertible note commitments to fund development and extend its financial runway through FY27.

Regis Healthcare is set to acquire Royal Freemasons Homes of Victoria’s home care business, adding around 480 clients and lifting its annual home care revenue to approximately $50 million. The deal, funded from existing cash, awaits regulatory approval and is expected to close in the second quarter of FY27.

Advanced Innergy Holdings (ASX:AIH) has revised down its FY26 revenue and EBITDA forecasts due to project timing delays and supply chain issues but maintains a robust order book and financial position.

Neometals Ltd implements a significant 25% cut in cash personnel costs by reducing director and staff salaries, while introducing retention performance rights to key executives to maintain strategic momentum.

Spenda Limited has reshaped its business with significant cost cuts, divested non-core assets, and secured major shareholder backing, positioning itself for cash flow positive operations.

Nutritional Growth Solutions (ASX: NGS) has secured a $2.5 million placement and moved closer to acquiring Sprout Organic, aiming to boost revenue and cut costs amid improved cash flow.

Iondrive Limited has independently confirmed strong rare earth recoveries from U.S. magnet waste and gained Oklahoma government support for its first commercial processing module, advancing its U.S. commercialisation strategy.

Murray Cod Australia (ASX:MCA) reported a 53% jump in FY26 sales volumes and a 17.9% rise in customer receipts, underpinned by new retail deals with Coles and Woolworths and a focused cost-cutting program.