Latest Financials News

HiTech Group Australia has tabled a conditional $15 million offer to acquire selected assets and employees from Hudson Global Resources, targeting the UpperGround business. The deal hinges on creditor approval, regulatory clearance, and financing, with payments structured across upfront, conditional, and deferred components.

Kingfish Limited posted a $13.6 million net loss for the year ended 31 March 2026, with portfolio returns lagging the benchmark amid geopolitical tensions and AI sector uncertainty.

AFT Pharmaceuticals delivered a 22% revenue jump in FY26 to NZD 254.7 million, surpassing profit guidance and expanding its footprint to 87 countries. The company is advancing multiple R&D projects, including a pivotal Phase III injectable iron trial, while targeting over NZD 300 million in revenue for FY27.

PointsBet’s FY26 nine-month report reflects a transitional period marked by MIXI’s 66.4% takeover, a slight revenue dip to AUD 186.6 million, and a near breakeven normalised EBITDA. Australian revenue softened by 4%, while Canada grew 13% driven by iGaming momentum.

Beacon Minerals has refined its FY2026 dividend details, confirming a fully franked cash payout and an estimated scrip dividend tied to Forrestania Resources shares, with key dates set for July and August.

Spenda Limited has pushed back the closing date for its retail entitlement offer by five days, aiming to complete a critical $8.545 million capital raise to support its turnaround plan and reduce debt.

Dexus (ASX: DXS) has declared an estimated distribution of 17.7 cents per security for the six months ending 30 June 2026, marking a reduction from prior payouts as it balances income returns with strategic capital initiatives.

ClearView Wealth has lodged its Scheme Booklet with ASIC, outlining Zurich's $0.65-per-share takeover offer and setting the stage for a pivotal shareholder vote on 27 July 2026.

Identitii is contesting JPMorgan Chase’s motion seeking a $4 million attorneys’ fee award in their ongoing US patent dispute, while continuing its appeal against case dismissal.

Daly Resources has debuted on the ASX after a $12 million IPO, positioning itself to explore fluorite, copper, and zinc in the Northern Territory, led by the Huckitta project.

Altair Minerals has completed the second tranche of a premium priced placement, raising a total of A$28.2 million from Endeavour Mining, which now holds a 9.9% stake. The funds boost Altair’s treasury to about A$38 million, underpinning an expansive multi-year exploration push in Guyana.

Aland Equity Group has locked in long-term funding rights over the Chinnerys residential project near Canberra, embedding a 30% gross profit margin into acquisition pricing and positioning itself as fund manager and co-investor.