Latest Financial Outlook News

Anax Metals has mutually withdrawn its arbitration against a cornerstone investor over exclusive marketing rights, keeping its convertible notes valid and avoiding immediate financial disruption.

Meeka Metals has poured its first gold at the Murchison Gold Project on schedule, marking a significant milestone within 12 months of breaking ground. The company is now progressing steadily towards its targeted annual production of 80,000 ounces.

Enero Group has sold its stake in OBMedia, taking a non-cash loss, while projecting EBITDA at the top of its FY25 guidance, driven by its core marketing agencies.

IAG has revised its FY25 financial guidance upward, citing a $200 million reduction in expected natural perils costs, including significant claims from recent NSW floods. This update lifts profit and margin forecasts amid steady premium growth.

Santana Minerals has unveiled an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, revealing lower capital costs, higher gold grades, and robust financial returns that position the project as a low-cost, high-margin operation in New Zealand.

Rhythm Biosciences has obtained a $1 million non-dilutive loan backed by its FY2025 R&D Tax Incentive rebate, aiming to accelerate the commercial rollout of its ColoSTAT® test and expand its geneType™ platform.

Vection Technologies has landed a $4.4 million follow-on contract from a top global defence contractor, bringing cumulative orders to around $10 million and setting the stage for a potential $21 million pipeline through 2030.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.

PointsBet Holdings Limited has updated its FY25 financial outlook, signalling that both revenue and EBITDA are expected to land at the bottom of previously forecasted ranges.

GTN Limited has revised down its FY25 revenue and adjusted EBITDA guidance, citing one-off corporate expenses and strategic investments, while maintaining strong cash flow and capital management plans.

Lightning Minerals Ltd’s securities remain suspended after missing a deadline to announce a major acquisition and capital raising, raising questions about the company’s next moves.

Range International’s Indonesian subsidiary has successfully overturned 2018 tax assessments, eliminating a significant financial burden and clearing the way for focused growth.