Latest Debt Reduction News

PeopleIN Limited reported a resilient FY25 with a 6.4% revenue dip but strengthened its balance sheet through $27.45 million debt reduction and announced a $6 million on-market share buy-back.

PeopleIN Limited posted a statutory net loss of $11.862 million for FY25, impacted by tough economic conditions and weather disruptions, while achieving significant cost savings and announcing a $6 million share buy-back.

Perenti Limited has reported record financial results for FY25, highlighted by revenue growth, improved margins, and a significant reduction in leverage. The company’s robust free cash flow and increased dividends set a solid foundation for future growth.

Deterra Royalties Limited has sold its non-core La Preciosa silver royalties to Avino Silver & Gold Mines Ltd for US$22 million, securing a substantial pre-tax profit and reinforcing its strategic focus on core commodities.

Perenti Limited has delivered record financial results for FY25, driven by strong operational performance and strategic contract wins, including its first underground mining contract in the USA. The company also improved its safety record and advanced key sustainability initiatives.

IMDEX Limited posted a modest 3% revenue decline in FY25 but delivered a robust 15% rise in EBITDA and a striking 70% jump in net profit, driven by strong growth in digital and SaaS platforms. The company’s strategic acquisitions and sustained R&D investment position it well for future expansion.

IMDEX Limited reported resilient FY25 earnings highlighted by a record fourth quarter revenue and significant progress in its digital growth strategy, supported by strategic acquisitions and strong operational performance.

Tourism Holdings Limited reported a statutory net loss in FY25 amid challenging market conditions but remains confident in a strategic turnaround targeting over $100 million in annualised NPAT within four years.

RLF AgTech has successfully raised $4.5 million through a heavily oversubscribed placement, aiming to accelerate its Australian expansion and reduce leverage by cancelling convertible notes.

GDI has exchanged contracts to sell six assets from its Autoleague Portfolio for $74 million, marking a significant gain over original costs and setting the stage for substantial unitholder distributions.

Diversified United Investment Limited reported a 5.4% rise in statutory profit to $38 million for FY2025, alongside a zero-debt position and a maintained fully franked dividend of 9 cents per share.

MaxiPARTS Limited reported robust FY25 results with strong revenue growth, improved margins, and significant debt reduction, underpinning a confident outlook despite market challenges.