Latest Finance News

Qualitas Limited posted a 25% rise in net profit for FY26, driven by a 36% increase in fee earning funds under management and a strategic UK acquisition that expands its European presence.

Harmoney Corp Limited posted record profits for FY26, driven by strong loan growth, improved margins, and automation gains, while setting ambitious FY27 profit guidance.

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

Botala Energy reports promising early gas observations at its Serowe-3.5B well in Botswana, signaling reservoir responsiveness as the well approaches a critical dewatering stage in its Pitse Pilot.

Motio Ltd (ASX:MXO) reported a solid FY26 with revenue rising to $9.2 million, a 31% jump in cash EBITDA to $2.5 million, and a net profit before tax of $1.7 million. The company enters FY27 debt free and with forward revenue up 28%, signalling operational leverage and growth potential.

Finder Energy’s KTJ offshore development in Timor-Leste has achieved a key milestone with an independent classification of 22.2 million barrels of 2P reserves, underpinning its push toward a Final Investment Decision.

Barton Gold has kicked off sterilisation drilling at its Tunkillia project while advancing a Pre-feasibility Study targeting early 2027. Recent extensive drilling aims to upgrade resources and underpin a mining lease application.

Eureka Group Holdings (ASX: EGH) posted a 29% rise in underlying EBITDA for FY26, driven by rapid growth in its all-age rental segment and disciplined capital deployment, while statutory profit dipped due to one-off costs and tax adjustments.

Zip Co Limited (ASX: ZIP) reported a 46% rise in net profit to $116.4 million for FY26, driven by strong US and ANZ market growth and record cash earnings of $268.9 million. The company also announced an orderly wind down of its New Zealand operations to focus on its core markets.

Dexus (ASX: DXS) reported steady FY26 results with AFFO of 45.0 cents per security and distributions of 37.0 cents, while initiating a strategic review of infrastructure funds following an adverse APAC court judgment.

Ridley Corporation’s FY26 results reveal a dramatic revenue surge fueled by its Incitec Pivot Fertilisers acquisition, alongside a significant profit drop due to a $31.8 million impairment on NovaqPro® and acquisition costs. The company declares a higher fully franked dividend, signaling confidence despite challenges.

Lodestar Minerals has taken a strategic step into Chile’s prolific copper belt by acquiring the Pacifico Cu-Mo-Au Porphyry Project, consolidating over 22 square kilometres of tenure with a rich historical drilling record. The company plans maiden drilling in the second quarter of 2027, aiming to unlock potential along a six-kilometre porphyry corridor.