Latest Financial Turnaround News

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City Chic Collective has reversed an $8.4 million EBITDA loss from FY24 to post a $6.4 million profit in FY25, driven by strong sales growth and disciplined cost management. The retailer plans to expand its store footprint and expects positive cash flow in FY26 amid improving market conditions.
Logan Eniac
Logan Eniac
28 Aug 2025
Hubify Limited has turned the corner with a statutory loss narrowing to $813,909 in FY25, alongside a 108% surge in EBITDA and a robust cash position. The company’s strategic pivot to recurring managed and professional services underpins its renewed financial health.
Sophie Babbage
Sophie Babbage
28 Aug 2025
Alcidion Group Limited has reversed a significant loss from the previous year, reporting a $1.65 million profit for FY25 driven by new sales and a leaner cost base.
Sophie Babbage
Sophie Babbage
28 Aug 2025
Australian Unity Limited reported robust FY2025 financial results, driven by strategic acquisitions and ongoing transformation efforts, returning to profitability with a $26.6 million net profit. The company is poised to complete its multi-year transformation by year-end and focus on growth amid rising demand for aged care and health services.
Ada Torres
Ada Torres
27 Aug 2025
Australian Unity Limited reports a strong FY2025 financial turnaround with $136.2 million Adjusted EBITDA, driven by a multi-year transformation program focused on portfolio reshaping and technology integration.
Claire Turing
Claire Turing
27 Aug 2025
US Masters Residential Property Group reports a half-year profit and advances its ambitious asset sales program, while navigating a significant US tax structure change and mixed market conditions.
Eva Park
Eva Park
27 Aug 2025
Spirit Technology Solutions Ltd has reported a robust FY25 performance, driven by a 58% surge in Cyber Security revenue and a successful turnaround in its Secure Managed Technology segment. The company’s underlying EBITDA soared to $11 million, signaling strong momentum ahead.
Sophie Babbage
Sophie Babbage
27 Aug 2025
Tabcorp Holdings Limited has reported a significant financial turnaround for FY25, driven by the new Victorian Wagering and Betting Licence and strategic operational improvements. The company posted $2.6 billion in revenue and a net profit after tax of $36.6 million, reversing last year's substantial loss.
Victor Sage
Victor Sage
27 Aug 2025
Spirit Technology Solutions reported a 12.7% revenue increase and a 562% surge in underlying EBITDA for FY25, driven by strategic acquisitions that have positioned cyber security as its fastest growing segment.
Sophie Babbage
Sophie Babbage
27 Aug 2025
Pioneer Credit Limited has reported a significant turnaround in FY25, posting a net profit after tax of $6.7 million compared to a loss of $10 million the previous year, supported by improved operational efficiency and strengthened debt facilities.
Claire Turing
Claire Turing
27 Aug 2025
Fleetwood Limited has reported a remarkable 284% increase in net profit after tax for FY25, alongside a 400% rise in dividends, signaling strong momentum across its modular building and accommodation segments.
Victor Sage
Victor Sage
27 Aug 2025
CVC Limited has reversed its fortunes with a $0.5 million net profit after tax for FY25, driven by strong property investment income and strategic land developments, while maintaining a cautious capital management approach and withholding dividends.
Eva Park
Eva Park
26 Aug 2025