Latest Financials News

AVADA Group Limited has successfully refinanced its debt facilities with Commonwealth Bank of Australia, replacing a $40 million term loan with improved and more flexible financing arrangements.

African Gold Ltd confirms the independent expert’s reaffirmation of fairness for Montage Gold’s acquisition schemes following FY25 financial results, with directors unanimously recommending shareholder approval.

Kina Securities Limited has adjusted its FY25 net profit after tax downward by PGK6.1 million following auditor discussions, though the company’s cash flow and 2026 outlook remain unaffected.

Red Sky Energy is set to raise up to $5.2 million through a placement and rights issue to fund its participation in a Santos-operated drilling program in South Australia’s Innamincka Dome. The capital raise aims to accelerate near-term production and cash flow from existing and new wells.

AGL Energy has committed to a $490 million gas power project in Western Australia, aiming to enhance energy reliability and support renewable integration from late 2027.

Duratec Limited has delivered its strongest half-year performance to date, reporting record revenue and gross profit across its diversified engineering and construction services. The company’s investor briefing highlighted robust order books, strategic growth in Defence and Energy sectors, and expansion into new regional markets.

Count Limited has announced a strategic acquisition of Oracle Group, significantly expanding its financial advice and wealth management footprint across Australia. The deal is backed by a $40.9 million equity raising to support growth ambitions.

iCandy Interactive confirms its removal from the ASX on 1 April 2026, shifting focus to a potential NYSE American listing for its key asset, Lemon Sky Studios.

Sarama Resources has progressed exploration at its Australian Cosmo and Mt Venn gold projects while pursuing a $242 million arbitration claim against Burkina Faso over a disputed permit withdrawal.

Tyro Payments welcomes the Reserve Bank of Australia's reforms to merchant card payment costs, highlighting opportunities from increased transparency and competition. The changes, effective from October 2026, align with Tyro’s transparent pricing model and do not affect its near-term guidance.

NeuRizer Ltd has advanced its NeuRizer Urea Project with key environmental approvals and construction plans, while raising $350,000 through private placements. However, the company faces a trading suspension as it works to resolve audit and compliance issues with the ASX.

Challenger Limited has welcomed APRA’s new capital framework for longevity products, set to ease capital requirements and reduce risk for providers, supporting Australia’s evolving retirement income market.