Latest Financials News

Energy Transition Minerals has secured a non-binding MOU with Traxys Europe for the potential exclusive offtake of tin, tantalum, and niobium concentrates from its Penouta mine, positioning the project as a strategic Western source of critical minerals.

Bhagwan Marine expects FY26 EBITDA between $44.5m and $46.5m, buoyed by Riverside Marine acquisition despite Middle East conflict causing project delays. The company highlights margin gains, disciplined costs, and rising recurring revenue as it advances integration and growth plans.

EDU Holdings delivered a transformational FY25 with nearly doubled revenue and a debt-free balance sheet, driven by strong growth in its higher education arm Ikon. The company started FY26 on a solid footing despite regulatory headwinds.

Life360 surged to $143.1 million in Q1 2026 revenue, powered by 27% growth in paying subscribers and a 329% jump in advertising following the Nativo acquisition. The company raised its full-year guidance as it navigates temporary user growth headwinds.

Comvita has completed a $40.5 million capital raise combining a $30 million Rights Offer and a $10.5 million Strategic Placement, welcoming Singapore’s F&N Ventures as a near 20% strategic investor.

Property for Industry Limited (NZX: PFI) announced a 10.5% upgrade to its full-year FY26 dividend guidance, now targeting approximately 9.50 cents per share, supported by stable cash flows and controlled capital expenditure.

Sunstone Metals has withdrawn its production targets and financial forecasts for the Bramaderos Gold-Copper Project, citing an overreliance on Inferred resources without a reasonable basis. The company plans infill drilling to upgrade resources and expects an updated Mineral Resource estimate later in 2026.

Comms Group Limited delivered a robust first half of FY26 with revenue climbing 39% to $37.6 million and underlying EBITDA nearly doubling to $4.5 million, driven by organic growth and the TasmaNet acquisition integration.

Aeris Resources has confirmed a significant new mineralised trend at its Avoca Tank deposit and thicker copper intersections at Budgerygar, setting the stage for resource upgrades and potential mine plan enhancements at its Tritton Operation.

Merino & Co. secures a significant AUD 1.1 million order from its China distribution partner, marking the first major commercial milestone under its exclusive China distribution agreement and signalling growing demand for its wool products.

Ainsworth Game Technology has confirmed Ryan Comstock as CEO after six months as acting chief, tying his pay to company performance through incentive plans.

Pathkey.AI appoints Andrew Farnsworth as CEO, leveraging his defence and AI expertise to drive commercialisation of TrialKey and Chipforge platforms.