Latest Financial Services News

Firebird Metals has made significant strides in its LMFP battery strategy, finalizing multiple offtake agreements with Chinese manufacturers and securing a mining lease for its Oakover project, positioning itself as a low-cost producer in the growing battery materials market.

N1 Holdings Limited reported a solid FY25 year-to-date profit with revenue growth driven by its SME lending business, while successfully reducing funding costs and maintaining disciplined operations amid ongoing market volatility.

Ovanti Limited has addressed ASX concerns over its relationship with BNPLPay, clarifying key personnel roles, ownership structures, and cryptocurrency exposure tied to its Licence Agreement.

SelfWealth Ltd has secured Federal Court approval for its acquisition by Syfe’s holding company, Svava Pte Ltd, marking a pivotal moment as its shares are suspended from trading on the ASX.

My Rewards International has completed its acquisition of Fly Wallet and strengthened its financial position with a $15 million put option facility, while working to lift its ASX trading suspension.

Centuria Capital No. 2 Fund’s latest quarterly report confirms full compliance with note terms and stable financial arrangements, reassuring investors of its secure position.

Rent.com.au has successfully completed a $1.7 million entitlement issue, positioning itself to expand into loan funding under its RentBond brand while shoring up working capital.

Harmoney Corp upgrades its FY25 cash NPAT guidance to $5.5 million, driven by strong loan book growth and improved margins, while announcing a strategic 5% on-market share buy-back.

H&G High Conviction Limited has completed a major asset divestment, distributing over 63 million Hancock & Gore shares to its shareholders and signaling potential delisting and strategic shifts ahead.

Harmoney has raised its FY25 cash NPAT guidance to $5.5 million and announced an on-market share buy-back, setting the stage for accelerated loan book growth and improved returns in FY26.

Beforepay Group Limited has reported its strongest Q3 FY25 performance yet, with net profit before tax tripling year-on-year and advances growing 16%. The fintech’s strategic expansion of Carrington Labs and funding optimisations signal robust momentum ahead.

SIV Capital Limited reported a modest positive net cash flow for Q3 FY25 and holds over $8 million in cash, yet its ASX securities remain suspended pending compliance with listing rules.