Latest Finance News

Nine Entertainment reports a 6% increase in Group EBITDA to $201 million and a 30% jump in net profit, driven by strong streaming and digital subscription growth amid strategic portfolio shifts.

PlaySide Studios reported a sharp 28% revenue decline for H1 FY26 but posted a remarkable 249% jump in profit, buoyed by cost cuts and a $7.8 million tax rebate. The company also secured a $6 million loan and inked a new global publishing deal.

AUB Group Limited has reported a robust first half with underlying net profit after tax rising 14% to AUD 90.4 million, prompting an upgrade to its full-year earnings guidance. The company also announced a new CFO appointment amid mixed divisional performances.

Sequoia Financial Group reported a 75.9% jump in operating profit for 1H FY26 despite a net loss after non-operating charges, prompting a cautious dividend cut amid regulatory challenges.

Southern Cross Media Group announces a significant reshuffle in its executive leadership following its recent merger, with CEO Jeff Howard stepping down and a global search underway for his successor.

Academies Australasia Group reported a 21% reduction in net loss for the half year to December 2025, alongside a strategic share buy-back and increased director lending. Despite a 6% revenue dip, EBITDA remained steady, signalling cautious operational resilience.

TZ Limited has amended its Appendix 4C for the December 2025 quarter, clarifying cash flow details and signalling improved operating cash flows ahead. The company also updates its funding arrangements, including loan repayments and a proposed trade finance facility.

Tartana Minerals is advancing its strategic metals portfolio in Far North Queensland with a robust 2026 drilling program and ongoing copper sulphate production, aiming to unlock significant resource potential across silver, gold, and copper assets.

Celsius Resources has raised A$9.3 million through a well-supported institutional placement, strengthening its balance sheet to advance the financing and early development of its flagship MCB copper-gold project in the Philippines.

Mayne Pharma has announced a planned leadership transition with CFO Aaron Gray stepping up as CEO, succeeding Shawn Patrick O’Brien who will remain as an advisor during the handover.

Infotrust has agreed to sell its Cloud & Communications segment, Nexgen, to Aussie Broadband for $50 million, marking a decisive pivot towards cyber security. The move prompts withdrawal of FY26 earnings guidance as the company reshapes its future.

Pioneer Credit has successfully negotiated a significant 315 basis points cut in the margin on its $55.5 million Medium Term Notes, substantially lowering its funding costs and boosting cash flow.