Latest Debt And Earnings News

COSOL’s revenue fell 15.6% in FY26 and the ASX-listed asset management technology company swung to a $4.0 million statutory loss after goodwill impairments. Management is betting that leaner operations, new transport contracts and AI-led services can restore profitable growth, but the recovery still needs to show up in revenue.

HiTech Group Australia has completed its acquisition of selected Hudson Global Resources assets, expanding its workforce solutions platform across five Australian jurisdictions. The deal lowers the upfront price but leaves some customer, government panel and contractor novations unfinished during the transition.

Charter Hall Long WALE REIT reported a 128% surge in statutory profit to $275.9 million for FY26, supported by a $150.7 million property revaluation gain and a $248 million net acquisition spree. The REIT also completed a $2 billion debt refinancing, extending maturities and cutting margins.

Credit Corp delivered a 12% profit rise to a record $105.5 million in FY2026, powered by a 57% surge in US debt buying earnings and a strategic entry into UK consumer lending.

Reliance Worldwide Corporation has announced an additional A$120 million on-market share buy-back, reinforcing its confidence in the company’s strategy and financial health.

Sandfire Resources Limited has delivered a strong H1 FY26 performance with record sales revenue and a return to a net cash position, while advancing key projects including the Kalkaroo Copper-Gold earn-in agreement.

Magellan Financial Group has reported a 5% rise in operating earnings per share and a striking 50% increase in its fully franked interim dividend, underpinned by strong contributions from strategic partnerships and disciplined capital management.