Latest Equities News

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VGI Partners Global Investments Limited reported a $17.6 million net loss for FY25 but maintained its dividend policy and executed a $73 million share buy-back, signaling confidence amid market challenges.
Claire Turing
Claire Turing
20 Aug 2025
Magellan Financial Group reported a solid FY25 with an 8.2% rise in assets under management and a notable surge in strategic partnership income, offsetting a dip in investment management revenue.
Claire Turing
Claire Turing
20 Aug 2025
Magellan Financial Group reported a 5% rise in operating profit for FY25 despite a 31% drop in statutory net profit, driven by strong growth in assets under management and booming income from strategic partnerships.
Claire Turing
Claire Turing
20 Aug 2025
Beam Communications finalizes the independent valuation of its Zoleo Inc. joint venture stake at US$13.7 million and confirms plans to return capital to shareholders.
Sophie Babbage
Sophie Babbage
20 Aug 2025
Magellan Financial Group reported a 31% drop in net profit after tax for FY25, yet operating profit rose 5%, supported by strategic partnerships and an 8.2% increase in assets under management. The Board declared a special fully franked dividend, signaling confidence in future earnings.
Claire Turing
Claire Turing
20 Aug 2025
Vicinity Centres confirms its distribution reinvestment plan will apply to the FY25 final distribution with a 1% discount on new securities, inviting investors to reinvest dividends under favourable terms.
Eva Park
Eva Park
20 Aug 2025
Schaffer Corporation reported a 16% rise in underlying net profit for FY25, driven by strong Automotive Leather and Delta divisions, while maintaining its dividend and appointing a new CEO to steer future growth.
Victor Sage
Victor Sage
20 Aug 2025
Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.
Maxwell Dee
Maxwell Dee
20 Aug 2025
Lycopodium Limited delivered robust FY25 financial results, hitting the top end of guidance with $339.6 million revenue and $42.2 million net profit. The company’s strategic SAXUM acquisition broadens its footprint in the Americas, positioning it well for growth in critical minerals and clean energy sectors.
Victor Sage
Victor Sage
20 Aug 2025
The Lottery Corporation Limited has announced a fully franked ordinary dividend of AUD 0.085 per share for the first half of FY2025, accompanied by a Dividend Reinvestment Plan available to Australian and New Zealand shareholders.
Claire Turing
Claire Turing
20 Aug 2025
Opthea Limited has terminated its sozinibercept wet AMD program following Phase 3 trial failures and settled a major funding agreement, setting the stage for a strategic reset.
Ada Torres
Ada Torres
20 Aug 2025
Service Stream Limited has reported a robust FY2025 with revenue climbing to $2.42 billion and a significant 13.1% rise in underlying EBITDA, alongside a 22% increase in dividends, underscoring its strong market position and operational execution.
Victor Sage
Victor Sage
20 Aug 2025