Latest Financial Position News

Artrya Limited has launched a A$15 million capital raising to fund the development and commercial rollout of its Salix AI-powered coronary artery disease diagnostic platform, targeting the lucrative US healthcare market.

FireFly Metals Ltd reports a significant 42% increase in mineral resources at its Green Bay Copper-Gold Project, underpinned by robust drilling results and a well-capitalized balance sheet with over A$84 million in cash and liquid assets.

Charter Hall Retail REIT reported a strong turnaround with a statutory profit of $108.6 million for the half year ending December 2024, despite a 7% dip in operating earnings. The REIT maintained its interim distribution at 12.30 cents per unit amid ongoing portfolio adjustments and rising finance costs.

Cochlear Limited posted a 6% increase in HY25 sales revenue driven by strong implant sales but anticipates FY25 profits at the lower end of guidance due to declining services revenue and rising cloud investments.

Cochlear Limited posted a 5% increase in sales revenue to $1.17 billion for the half year ended December 2024, driven by strong cochlear and acoustic implant growth despite a decline in Services revenue. The company anticipates FY25 underlying net profit at the lower end of guidance amid increased cloud investments and prepares for new product launches.

Pure Foods Tasmania has executed key loan extensions with Commonwealth Bank and outlined a comprehensive turnaround strategy to address its financial challenges, despite ongoing material uncertainty over its going concern status.

Embelton Limited has announced a fully franked ordinary dividend of AUD 0.15 per share for the six months ending December 2024, signaling steady shareholder returns.

Embelton Limited reported a notable 25.4% decline in revenue for the half-year ended December 31, 2024, yet managed a 23% increase in net profit, underscoring effective cost controls amid a challenging construction market. The company declared an interim dividend consistent with the prior period, signaling confidence despite subdued outlook.

Auctus Investment Group Limited has reported a strong turnaround with a $1.7 million profit for the half-year ending December 2024, driven by increased capital raising and transaction fees alongside growth in assets under management exceeding $550 million.

Koonenberry Gold Limited has raised $2 million through a strategic placement to accelerate exploration at its Enmore and Lachlan projects, including an expanded drilling program at Sunnyside.

Carnaby Resources reports robust assay results from its Greater Duchess Copper Gold Project, reinforcing the project's growth potential ahead of a Q3 2025 Pre-Feasibility Study completion.

GrainCorp reported a solid FY24 with underlying EBITDA of $268 million and a net profit after tax of $77 million, underpinned by operational efficiency and strategic growth. The company announced a $50 million on-market share buy-back and reinforced its commitment to sustainability and shareholder returns.