Latest Distribution News

Proteomics International will take Promarker D and Promarker Eso nationwide through Healius from 26 October, extending its first commercial release beyond Western Australia and the Northern Territory. The tests will initially be offered privately at $495 and $997, while revenue remains too uncertain to forecast.

Whitefield Income more than doubled FY2026 profit to $16 million while raising $187 million and maintaining fully franked monthly dividends. Yet net asset backing per share slipped to $1.23 as investment revaluations weighed on equity.

IKE has lowered its previously indicated FY27 subscription revenue growth expectation of about 35%, citing contract timing rather than weaker demand or churn. The NZX and ASX-listed software company still expects its subscription exit run rate to grow by more than 30% by March 2027, while three new products remain on track for launch.

Bentley Capital returned to profit in FY2026 after receiving $300,000 from legal-cost and deposit settlements. The result lifted net tangible assets, but the listed investment company remains heavily dependent on Strike Resources and has limited cash relative to its liabilities.

RAM Essential Services Property Fund has completed the $218.6 million sale of five retail assets, with proceeds earmarked for debt repayment. The settlement advances REP’s healthcare-focused strategy while leaving refinancing and capital management decisions as the next major tests.

MLG Oz delivered a stronger earnings year, with statutory NPAT rising 19.2% and underlying EBITDA margin expanding to 13.4%. The mining services group has resumed dividends while taking on higher fleet investment and debt ahead of FY2027.

Jatcorp’s revenue rose 23% to $38.9 million in FY2026, but weaker margins, negative operating cash flow and a material going-concern uncertainty leave the nutritional products maker’s recovery unfinished. The company ended the year with $5.6 million in cash after a $4.2 million entitlement offer, while Neurio trademark litigation in China remains unresolved.

Nickel Industries delivered US$125.9 million of adjusted EBITDA in the September quarter, led by a second consecutive record from the Hengjaya Mine. Its new ENC HPAL project reached 50% of nameplate capacity, but severe dry conditions delayed the next step: commercial sales.

Karoon Energy more than doubled quarterly production to 2.27 million barrels of oil equivalent as revenue climbed 64% to US$191.6 million. But the SPS-92 electrical fault remains unresolved, while the company balances growth spending, shareholder returns and US$269.2 million of net debt.

Garda Property Group estimates its property divestment program will generate $90.7 million in capital gains and intends to return about 10.0 cents per security through special distributions. The proposed payments would come on top of upgraded FY27 distribution guidance of 12.5 cents per security, subject to settlements, tax outcomes, cash availability and Board approval.

Bapcor says its operational reset is beginning to show through, with first-quarter Trade sales up 2.5%, margins improving and net debt falling to $116 million. The recovery remains early, however, with Retail still under pressure and FY27 earnings weighted heavily to the second half.

Orthocell’s flagship Remplir nerve-repair product gained ground in the US and Thailand during the September quarter, even as total revenue slipped from the June period. The company reported A$39 million in available funds and said it does not currently expect to raise additional capital.