Latest Finance News

REA Group Ltd has delivered a robust half-year performance, reporting a 20% increase in revenue to $872.9 million and a 26% rise in net profit after tax to $313.9 million, driven by strong growth in both Australian and Indian markets.

BlueBet has announced a strategic acquisition of TopSport, supported by a $15 million equity raise, aiming to boost market share and deliver significant earnings accretion by FY26.

Maggie Beer Holdings reports a sales increase for 1H FY25 but faces declining EBITDA, prompting a strategic overhaul focused on cost reduction and operational streamlining.

KALINA Power has partnered with Crusoe to develop multiple AI data centres co-located with near-zero emissions natural gas power plants in Alberta, promising stable cash flows and sustainable energy solutions.

Canyon Resources announces Peter Secker as new CEO, signaling a strategic shift as the company advances its Minim Martap bauxite project toward production.

Green Technology Metals (GT1) is progressing its lithium conversion facility in Ontario, with pilot testing underway and a pre-feasibility study due in April 2025. The project aims to establish Ontario's first vertically integrated lithium concentrates and chemicals business, leveraging a strategic partnership with EcoPro.

Kelly Partners Group Holdings Limited posted a robust half-year result ending December 31, 2024, with revenues climbing 22.8% to $64.9 million and profits attributable to owners rising 27.6% to $2.5 million, driven by strategic acquisitions and organic growth.

Delorean Corporation has marked a pivotal quarter with the Financial Investment Decision for its SA1 Bioenergy Project and steady progress on the Yarra Valley Water facility, underpinning its transition to infrastructure ownership in Australia's bioenergy sector.

A1 Investments & Resources Ltd reported a modest cash outflow for the December quarter while actively pursuing acquisition opportunities backed by secured funding. The company aims to finalize a deal soon, contingent on shareholder and regulatory approvals.

Viridis Mining and Minerals Limited has been reinstated to ASX quotation following a capital raising announcement, ending its trading suspension and signaling renewed investor confidence.

Vulcan Energy has begun mobilising its advanced V20 drilling rig to the Schleidberg site in Germany, marking a key milestone in its Phase One Lionheart Project to produce sustainable lithium for electric vehicle batteries.

Canyon Resources has gained government approval for its Inland Rail Facility location in Cameroon, advancing the Minim Martap Bauxite Project with new land allocation and infrastructure plans.