Latest Customer Growth News

Tower Limited reported a robust half year profit for 2025, driven by improved claims performance and premium growth in its home insurance portfolio, despite ongoing challenges from Canterbury earthquake claims and competitive motor insurance pricing.

Smartgroup Corporation Limited reported robust financial growth in 2024, driven by record customer numbers and a significant rise in electric vehicle leasing, positioning the company for a sustainable future.

ANZ Group Holdings Limited delivered its strongest half-year revenue and profit to date, buoyed by the full contribution from Suncorp Bank and a robust capital position despite regulatory challenges.

OpenLearning Limited reported a 12% year-on-year increase in SaaS annual recurring revenue to $2.364 million in Q1 FY25, driven by AI-powered product adoption and international customer growth. Strategic acquisitions and partnerships are positioning the company for larger contracts and diversified revenue streams.

Origin Energy’s March 2025 quarterly report reveals an 11% drop in Australia Pacific LNG revenue due to lower volumes and prices, while gas sales and Octopus Energy’s customer base expand robustly. Renewables investments advance with key project milestones.

MyState Limited has reported a stable underlying net profit of $17.5 million for the half-year, maintaining customer growth and a robust capital position as it prepares to merge with Auswide Bank.

Bendigo and Adelaide Bank's half-year results for 1H25 reveal a modest decline in cash earnings due to inflationary pressures and increased investment spend, balanced by robust customer growth and digital innovation.

Bendigo Bank reported a slight dip in cash earnings for the half year ending December 2024, despite robust growth in customer deposits and ongoing investments in its transformation program.

Temple & Webster reported a record half-year revenue of $314 million for H1 FY25, up 24% year-on-year, driven by strong customer growth and improved margins. The company remains on track to exceed $1 billion in annual revenue within the next few years.

Origin Energy reported a robust half-year result for December 2024, with revenue up 10% and profit rising 2%, while accelerating investments in battery storage and renewables.

Janison Education Group reported a steady 3% revenue increase in 1H FY25, underpinned by a 280% expansion in its customer pipeline and the operational launch of its AI platform. The company’s disciplined cost management and strategic leadership appointments position it for sustained growth in the global edtech market.

Tower Limited has raised its full-year underlying NPAT guidance to $60m-$70m, citing strong first-quarter results and favourable claims trends despite softer premium growth.