Latest Financial Position News

The Australian Wealth Advisors Group Ltd (ASX:WAG) has replaced its unaudited FY2026 result with audited accounts showing $1.21 million in profit before tax and $889,469 after tax. The result comes as AWAG exits CHPW, expands its advisory investments and lifts its authorised representative target to about 150 by December.

Western Mines Group has reported its richest basal nickel intersection yet at Mulga Tank, including 38 metres at 0.71% nickel from more than 1.3 kilometres underground. The exploration progress is substantial, but the company also recorded a larger annual loss, limited year-end cash and a material going-concern uncertainty.

KALiNA Power returned to profit in FY2026 after booking A$19.6 million from the sale of a 180 MW Alberta load allocation linked to Meta. The company now has A$12.3 million in cash and four gas-fired power projects targeting about 900 MW, but future progress depends on fresh capital and project approvals.

Lachlan Star’s 2026 annual report puts its 90%-owned New Waverley project at the centre of the company’s exploration strategy after drilling outlined shallow, high-grade gold mineralisation across roughly 400 metres. The company ended the year with $6.52 million in cash, but remains loss-making and without a mineral resource or ore reserve.

Tuas Limited (ASX:TUA) delivered a sharp FY2026 earnings lift as Simba’s mobile and broadband subscriber base expanded, with statutory profit rising 277% to S$26.0 million. The result arrives with the M1 acquisition abandoned, S$364.5 million raised but not yet allocated, and an unresolved Singapore spectrum investigation.

Dimensional’s five ASX-quoted trusts all produced positive total returns in the year to 30 June 2026, led by the Global Value Trust at 27.812%. The audited report also records lower management fees for three global strategies, although the figures remain a look back rather than a forecast.

IDP Education has rejected a second, higher takeover proposal from Blackstone, saying the $2.50-per-share offer fails to capture the value of its platform and transformation program. The confidential, non-binding proposal leaves open the question of whether Blackstone will return with a revised bid.

Novo Resources is positioning a A$8 million cash balance and A$37.54 million investment portfolio behind a broad Australian gold, copper and polymetallic exploration push. The strategy brings several drilling catalysts, but also a A$10 million deferred payment due in December and a heavy reliance on future exploration success.

Avantis Emerging Markets Equity Active ETF delivered a A$2.001 million audited profit in its first reporting period, with A$14.598 million in net assets at 30 June 2026. Its 20.29% return was positive, but fell 3.03 percentage points short of the MSCI Emerging Markets IMI Index.

La Trobe Financial’s 12 audited residential mortgage-backed securities trusts reported cumulative losses of just 0.03% of original issuance volume, while the broader group’s assets under management climbed to $24.9 billion. A new $1.25 billion transaction completed after year-end extended the platform’s funding momentum, although one called trust remains in wind-up limbo.

Livium’s insurer has settled five claims linked to the 2019 Envirostream fire, leaving the battery recycler with no remaining fire-related provision and no settlement cash outflow. The accounting benefit arrives in FY27, after a modest additional expense in FY26.

Perpetual Diversified Income Fund lifted operating profit 38% to $169.9 million and grew net assets to $3.255 billion in the year to 30 June 2026. The fund also launched its Class E Active ETF, ASX:DIFF, while KPMG issued an unqualified audit opinion.