Latest Financial Impact News

Aurora Labs has partnered with Sovereign Propulsion Systems to advance testing and commercialisation of its novel turbine engines for defence applications, marking a significant step in UAV propulsion innovation.

SRG Global has agreed to acquire marine infrastructure leader TAMS for $85 million, aiming to enhance its recurring revenue and expand its market footprint. The deal is expected to deliver a 25% EPS accretion in FY26, marking a strategic step in SRG’s growth trajectory.

SRG Global has agreed to acquire Total AMS Pty Ltd (TAMS), a leading marine infrastructure services provider, for $85 million, significantly enhancing its revenue and earnings profile for FY26.

Tungsten Mining NL is moving to list on the U.S. OTCQB Market, aiming to tap into strong North American investor interest as tungsten prices climb and critical mineral security becomes a priority.

Equity Trustees faces an expanded Federal Court claim from ASIC seeking compensation for superannuation members after a $73 million revaluation hit the Shield Master Fund. The trustee disputes liability and supports liquidation efforts to recover member funds.

Harvest Technology Group has resolved a longstanding dispute over the Vos Shine vessel, receiving A$725,000 in settlement proceeds that will positively impact its financials.

Treasury Wine Estates has withdrawn its fiscal 2026 EBIT growth guidance following softer-than-expected Penfolds sales in China and distribution disruptions in California, signaling a cautious outlook for its key markets.

Equity Story Group has terminated its acquisition agreement with Baker Young Limited after failing to meet key conditions by the September deadline, signaling a strategic pivot for the financial services firm.

Liontown Resources has secured a one-year deferral on debt repayments to Ford and halved its spodumene concentrate commitments, unlocking new sales opportunities amid evolving lithium markets.

DroneShield launches its largest AI software update yet, enhancing drone detection and disruption capabilities with doubled processing power and expanded databases.

Cyclopharm Ltd has been hit with legal proceedings by 4D Medical Limited, accusing it of making false and misleading statements during a March webinar. Cyclopharm denies the allegations, calling the claim without merit.

Pure Foods Tasmania has expanded its Tasmanian Pâté distribution from 300 to 700 Coles stores nationally, driving a forecast 15% uplift in sales. Early orders in September surged more than tenfold, signaling strong consumer demand.