Latest Earnings News

Lovisa delivered another year of strong reported growth, with revenue rising 17.6% to A$938.8 million as its store network passed 1,100 locations. But comparable store sales grew just 2.0%, leaving management’s expansion engine carrying more of the load while executive incentive hurdles went unmet.

Temple & Webster is holding to its FY27 EBITDA target of $33 million to $40 million even as revenue fell 8% in the first months of the year. The online retailer says reduced discounting is depressing sales but improving contribution margins, while AI, private-label products and brand investment move from testing into rollout.

Peet delivered record FY26 earnings as its proposed sale to Ingenia moves through the approval process. Profit rose 77% to $103.4 million, while contracts on hand climbed to $850.7 million and the fully franked dividend increased to 13 cents per share.

Bhagwan Marine reported $81.3 million in Q1 FY27 revenue, up 32% on the prior corresponding period, as subsea services and Riverside Industrial Sands led a stronger start to the year. Recurring revenue also increased to 64%, while new subsea awards and a Riverside Guardian contract added to the growth pipeline.

Eagle Mountain Mining has emerged from FY2026 with no borrowings, a A$7.27 million accounting profit and a funded 20% interest in its Oracle Ridge copper project. The next test is whether Nittetsu’s drilling and earn-in spending can add value to an asset whose mineral resource has not changed since 2023.

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.

Energy Action delivered sharp growth in first-quarter sales orders and its contracted cash pipeline, but the expansion came with higher costs and negative operating cash flow. The company had $0.93 million of stated liquidity at quarter-end, with a $724,999 secured loan due in December.

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.

Connexion Mobility delivered record Q1 FY27 revenue and profit as Hallam Road Automotive contributed for a full quarter. The company also began developing Hyundai Motor America’s Dealer Lot Management platform, while renewal talks with its largest disclosed OEM relationship remain unresolved.

Michael Hill has started FY27 with same-store sales growth across all three markets, led by an 11.3% rise in Canada. The jewellery retailer says gross margin remains stable and expects profitable growth, but Christmas trading will determine how much of the momentum reaches earnings.

Manuka Resources has received A$1.64 million from a Wonawinta shipment that yielded 267 ounces of gold and 453 ounces of silver. Weekly deliveries are now planned, while the company prepares to add silver processing in early 2027.

Scott Technology delivered record FY26 revenue and operating EBITDA, lifted its full-year dividend to 9 cents per share and issued FY27 guidance for further growth. The harder question is whether a lighter forward-work balance and higher investment can support the next phase of its Destination 2030 plan.