Latest Financials News

Ellerston Asia Growth Fund Complex ETF (ASX: EAFZ) returned 38.4% after fees for the year ended 30 June 2026, beating its Asian equities benchmark by 2.6 percentage points. Profit more than doubled to $12.49 million, although the result was driven chiefly by investment revaluations and came alongside continued net redemptions.

Hawthorn Resources reported a wider Australian-dollar loss for FY2026, with revenue falling sharply and cash declining by $1.53 million. The company is directing its remaining balance sheet toward exploration at the Trouser Legs gold joint venture and Mount Bevan’s other minerals project.

Conico's statutory loss widened sharply in FY2026, largely because of non-cash share-based payments linked to its recapitalisation. The company ended the year debt free with $2.53 million in cash, but warned that funding remains critical as it prepares for Mt Thirsty drilling.

GCQ Flagship Fund recorded a $449.8 million loss before finance costs after a sharp fall in the value of its global equity portfolio. The fund’s established classes declined between 17.6% and 22.8% net, despite net assets rising to $1.61 billion on strong investor applications.

H3 Energy has consolidated ownership of its Alinya hydrogen and helium project and reframed Warro as a potential commercial gas development, but its annual report warns that funding remains critical. The company ended FY2026 with A$900,434 in cash, net liabilities of A$551,671 and a material uncertainty over its ability to continue as a going concern.

Vitrafy has added US blood network Versiti to its cryopreservation development programme, with the partnership focused on no-wash platelet preservation and regulatory verification. The deal strengthens the company’s institutional network, but initially generates no revenue and remains subject to US regulatory requirements.

Iperion reported a lower loss for the year ended 31 March 2026, but its cash reserves and net assets fell sharply, leaving the NZX-listed materials company reliant on related-party funding and director support. Its Pathoglaze manufacturing operation is also being moved from Malaysia to Singapore while customer trials continue.

Hejaz High Income Active ETF delivered a 3.74% net return for the year, well below its reported 13.93% benchmark return. Net assets rose sharply to $9.64 million, but the increase was driven mainly by new applications rather than investment performance.

KGL Resources says its Jervois copper project is funded through construction and ramp-up after a US$300 million Wheaton agreement and a post-year-end A$300 million equity raising. The company is now targeting a final investment decision in the second half of 2026 and first copper concentrate in 2028, while its annual report highlights the execution risks still attached to that timetable.

Wildcat Resources has entered FY27 with a $60 million placement, a $37.2 million year-end cash balance and its Tabba Tabba lithium project advancing towards a definitive feasibility study. The funding strengthens the development runway, but final investment approval, financing and approvals remain ahead.

Coolabah Active Global Bond Fund delivered net returns of up to 6.20% in the year to 30 June 2026, ahead of its global bond benchmark. The fund also added an ASX-traded ETF class shortly before year-end, while using repurchase agreements and derivatives as part of its strategy.

Rubix Resources ended FY2026 with a $1.283 million loss, only $95,001 in cash and a net asset deficit, prompting its auditor to flag a material uncertainty over going concern. The company’s Paperbark drilling produced an encouraging copper signal, but further exploration depends on fresh funding.