Latest Equities News

Lynch Group Holdings Limited reported solid revenue growth and a sharp reduction in net loss for FY2025, while announcing a scheme of arrangement acquisition by Hasfarm Holdings Limited.

Lynch Group Holdings has agreed to a $2.245 per share cash acquisition by Hasfarm, offering shareholders a 34.3% premium and securing board and major shareholder support. The scheme awaits shareholder and court approvals, with a final dividend declared ahead of completion.

Step One Clothing reported modest FY25 revenue growth amid a challenging retail environment, driven by strong UK performance and a strategic shift to balance discounting and profitability.

Smart Parking Limited reported a transformational FY25, driven by a landmark US acquisition and strong international growth, boosting revenue by 41% and profit by 47%.

Spark New Zealand reported FY25 results within updated guidance, unveiling a strategic sale of a majority stake in its data centre business and a renewed five-year focus on core connectivity. The company’s transformation and capital management reset aim to stabilize performance and deliver sustainable shareholder returns.

Strickland Metals has completed the sale of its Yandal Gold Project to Gateway Mining, distributing most Gateway shares directly to its shareholders and sharpening its focus on the Rogozna Project in Serbia.

TEAMINVEST PRIVATE GROUP LIMITED has announced a fully franked ordinary dividend of AUD 0.015 per share for the first half of FY25, accompanied by a Dividend Reinvestment Plan with no discount.

Felix Group Holdings reports a solid 22% increase in FY25 sales revenue and a notable 32% improvement in adjusted EBITDA loss, driven by strong enterprise platform sales and new customer wins.

Austral Gold's Argentine subsidiary has refinanced its debt with a new $1.3 million unsecured loan from a related party, extending repayment terms and managing its financial obligations amid ongoing growth plans.

Orbminco Limited is proposing a 20 – 1 consolidation of its issued shares to streamline its capital structure and broaden investor appeal, with shareholder approval sought in September.

AnteoTech has appointed Merrill Gray as its new Managing Director and CEO following a successful interim period, while issuing over 22 million shares to staff under its FY2025 incentive program.

Alternative Investment Trust (AIQ) has announced a non-renounceable rights issue to raise approximately $44.6 million at a 19.4% discount, aiming to capitalize on discounted secondary market funds amid liquidity challenges.