Latest Financial Stability News

Triangle Energy reports a solid cash position of $10.89 million as it prepares to drill the Becos-1 exploration well in early 2025, while managing ongoing transitions at the Cliff Head Oil Field and pursuing new ventures in the Philippines and UK.

Alcidion Group Limited reported robust Q2 FY25 sales of $13.1 million and improved cash flow, reinforcing its forecast to achieve EBITDA and cashflow positivity by the end of FY25.

Clever Culture Systems Ltd has achieved a key cashflow break-even milestone in Q4 2024, driven by strong sales growth from major pharmaceutical clients including AstraZeneca and Bristol Myers Squibb. The company is also advancing its product line with a new APAS® Contact Plate capability set for mid-2025 launch.

EUROZ HARTLEYS GROUP LIMITED has announced a fully franked ordinary dividend of AUD 0.020 per share for the six months ending December 2024, signaling steady shareholder returns.

Meeka Metals Limited reports a strong cash position of $55.259 million as of December 31, 2024, underpinning its exploration activities with nearly 30 quarters of funding available. Despite ongoing cash outflows from exploration and corporate costs, the company’s financial footing remains robust.

Auking Mining Limited reported a challenging quarter ending December 31, 2024, with significant cash outflows and a critical need for new capital to sustain exploration activities in Tanzania and Cloncurry.

Magnis Energy Technologies reveals that its partners IM3NY LLC and Imperium3 New York Inc have entered Chapter 11 bankruptcy proceedings, raising questions about future operations and financial stability.

Bioxyne Limited reports a remarkable 77% revenue increase in Q2 FY2025 alongside positive operating cash flow, setting the stage for international growth with imminent UK export approvals and planned European manufacturing.

Eastern Resources Limited's December 2024 quarterly cash flow report reveals a modest operating cash outflow amid ongoing exploration expenses, supported by a healthy cash reserve expected to sustain operations for over 19 quarters.

Ardea Resources reports robust financial health and significant progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, fully funded by a Japanese consortium. The company strengthens its leadership and advances ESG-aligned development of a globally significant nickel-cobalt resource.

Swift Networks reports steady cash flow and contract wins in mining and aged care, while unveiling a new feature to capitalize on upcoming aged care legislation.

Ten Sixty Four Limited has received a crucial US$10.5 million payment from Philsaga Mining Corporation, enabling it to settle outstanding related party debts and advance its Deed of Company Arrangement.