Latest Financial Recovery News

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Morphic Ethical Equities Fund Limited reported a strong turnaround in FY2025 with a $5.44 million net profit and portfolio returns surpassing its benchmark, while continuing aggressive share buybacks despite withholding dividends.
Claire Turing
Claire Turing
22 Aug 2025
Medical Developments International has reported a remarkable turnaround in FY25, posting a net profit after tax and securing paediatric approval for its flagship product Penthrox in Europe.
Ada Torres
Ada Torres
21 Aug 2025
Etherstack plc has reported a remarkable turnaround in its half-year results, with revenue nearly doubling and EBITDA surging by over 1500%, signaling strong momentum in mission critical communications.
Sophie Babbage
Sophie Babbage
20 Aug 2025
Credit Corp Group delivered a robust FY25 with a 16% increase in net profit after tax, driven by US debt buying and Australian/NZ lending growth. The company sets an ambitious FY26 outlook, underpinned by a record US investment pipeline and new product launches.
Claire Turing
Claire Turing
5 Aug 2025
Bowen Coking Coal Limited remains suspended from ASX trading following its failure to update on funding and debt plans, compounded by the appointment of voluntary administrators.
Maxwell Dee
Maxwell Dee
30 July 2025
Synlait Milk Limited reports a significant financial turnaround for FY25 with expected underlying EBITDA doubling from the prior year, while overcoming manufacturing setbacks at its Dunsandel facility.
Victor Sage
Victor Sage
30 July 2025
Epsilon Healthcare and its subsidiaries have officially exited voluntary administration and Deeds of Company Arrangement, marking a pivotal recovery milestone supported by significant personal commitments from the new board. The company now shifts focus to strategic growth and rebuilding trust.
Ada Torres
Ada Torres
27 June 2025
Conico Ltd has resolved a significant legal dispute with Cartwright Drilling and announced a $2.09 million recapitalisation plan involving convertible loans, a rights offer, and a share consolidation, all pending shareholder approval.
Maxwell Dee
Maxwell Dee
6 June 2025
Select Harvests Limited has reported a remarkable turnaround with a $28.7 million profit in the first half of FY2025, buoyed by higher almond prices and improved operational efficiency. The company also secured $240 million in refinancing, positioning itself for future growth despite a slightly reduced almond crop forecast.
Ada Torres
Ada Torres
29 May 2025
Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.
Victor Sage
Victor Sage
26 May 2025
Lucapa Diamond Company Limited’s shares remain suspended following the appointment of voluntary administrators, highlighting severe financial distress and regulatory breaches.
Maxwell Dee
Maxwell Dee
23 May 2025
Appen Limited reports a strong financial turnaround in FY24, driven by growth outside Google and a focus on generative AI, while seeking shareholder approval for key governance and remuneration measures.
Sophie Babbage
Sophie Babbage
16 May 2025