Latest Earnings News

Metcash delivered $558 million of operating cash flow and 2.8% ex-tobacco sales growth in the first 18 weeks of FY27, but warned that cost inflation, adverse sales mix and tobacco changes will weigh on first-half earnings. The group also expects to spend a further $18 million to $20 million on its Horizon technology program.

Forrestania Resources has secured a framework to purchase and process up to 2 million tonnes of third-party ore while locking in key laboratory, haulage and reagent arrangements for its Lake Johnston and Edna May hubs. The agreements strengthen restart preparation, although financial terms, margins and delivery timing remain undisclosed.

Corazon Mining has confirmed shallow, high-grade gold mineralisation at its Wembley prospect in Western Australia, with drilling extending the known system about 60 metres east of historic work. Seven assays remain outstanding as the company prepares follow-up drilling aimed at an eventual Exploration Target and potential Mineral Resource.

Kelsian’s proposed sale of its Tourism Portfolio to Journey Beyond has cleared the ACCC, removing a major regulatory condition before completion. The transaction still requires FIRB approval, contract consents and other conditions, with completion expected in 1HFY27.

Select Harvests expects a near-record FY26 almond crop and stronger pool pricing, but wet-weather harvesting has pushed operational costs to A$13.9 million. Net debt is forecast below A$65 million at year-end, leaving the key earnings impact for the full-year results.

Black Cat Syndicate has appointed mining veteran Chris Stone as Acting Managing Director, with the interim arrangement beginning immediately and running indefinitely. Stone will earn $600,000 a year plus superannuation while the company searches for a permanent appointment.

Red Hill Minerals has more than doubled FY2026 net profit to A$20.1 million as its Onslow Iron royalty delivered A$28.8 million in income. The ASX-listed miner declared a fully franked final dividend of 10.8 cents per share, taking FY2026 distributions to 22.4 cents per share.

Transurban Finance reduced its FY26 loss before tax to $6 million while extending average debt maturity and securing new long-term funding. The financing arm also flagged $1.4 billion of refinancing due within the next year and said NSW toll reform remains subject to formal approvals.

Babylon Pump & Power (ASX:BPP) says it has satisfied the conditions attached to its revised NAB debt facilities and has sufficient working capital after completing its recapitalisation. The company is now positioning itself as a focused water-management rental business, although ASX has not yet confirmed when trading will resume.

Elixinol Wellness has finalized the divestment of its US operations to Ananda Health, securing upfront and deferred payments totaling approximately A$465,000. This move refocuses the company on its Australian health and wellness portfolio while reducing exposure to US regulatory risks.

Kaoko Metals secures $20 million from institutional investors to ramp up diamond drilling and exploration across its Namibian copper-silver and gold-copper-tungsten projects.

CONNEQT Health has inked a marketing deal with US longevity platform Blueprint to boost consumer sales of its FDA-cleared Pulse arterial health monitor, targeting health-conscious Americans focused on preventative care.