Latest Financial Reporting News

The ASX has published its latest roster of over 40 entities suspended for more than three months, detailing looming deadlines for overdue reports and trading resumption plans. Failure to meet these could trigger removal from the official list.

Multistack International has formalised the sale of nearly all its assets and liabilities to Hong Kong-based Willing Y Limited, marking a decisive end to its loss-making operations. The transaction hinges on shareholder and regulatory approvals, with completion targeted for June 30, 2026.

Nyrada has secured ethics approval to start its Phase IIa trial of Xolatryp in heart attack patients, with recruitment beginning in April 2026. The biotech also bolsters its cash position to AU$6.74 million and pursues new oncology indications.

Scout Security Limited posted a $10.5 million net loss for the half-year ended 31 December 2025, driven largely by a $9.1 million goodwill impairment linked to its acquisition of Roo Inc. The company raised capital and secured new partnerships while facing ongoing going concern uncertainties.

DPM Metals Inc. has announced preliminary production results for the first quarter of 2026, confirming steady operational performance and progress in ramping up the Vareš mine. The company remains on track to meet its full-year production guidance amid ongoing exploration and capital management initiatives.

Xenitra Limited (ASX:XEN) has introduced the OPAL Token and Xen Shop, a blockchain-based digital commerce ecosystem aimed at improving product authentication, customer loyalty, and sales transparency across its Asian FMCG markets.

QBE Insurance Group Limited has updated its dividend announcement to specify the pricing for its Dividend Reinvestment Plan and Bonus Share Plan, confirming an ordinary dividend of AUD 0.78 per share for the six months ending December 2025.

Tesoro Gold has issued a replacement Appendix 5B for the December 2025 quarter to correct an administrative error and reclassify certain deposits, ensuring consistency with its audited FY2025 financial statements.

AVADA Group Limited has successfully refinanced its debt facilities with Commonwealth Bank of Australia, replacing a $40 million term loan with improved and more flexible financing arrangements.

Kina Securities Limited has adjusted its FY25 net profit after tax downward by PGK6.1 million following auditor discussions, though the company’s cash flow and 2026 outlook remain unaffected.

iCandy Interactive confirms its removal from the ASX on 1 April 2026, shifting focus to a potential NYSE American listing for its key asset, Lemon Sky Studios.

Papyrus Australia has commissioned its Adelaide Rapid Prototyping & R&D Facility, marking a key step in validating its pulp technology and progressing towards commercial production. The company also released its interim financials and reported stable cash flow supporting ongoing operations.