Latest Financials News

Xero Limited reported a robust first half of FY26 with 20% revenue growth and a 42% jump in net profit, driven by the strategic acquisition of Melio and expanded AI capabilities.

Infratil Limited reported a 7% rise in operational EBITDAF to NZ$514 million for the first half of FY26, driven by strong performances from Longroad Energy and CDC Data Centres. The company also announced significant divestments, including its 20% stake in Fortysouth and a legacy property asset, while maintaining its interim dividend.

Tungsten Mining NL’s latest scoping study confirms Mt Mulgine as a globally significant critical minerals project with strong financial prospects and strategic positioning amid tightening tungsten supply.

Sagalio Energy Limited has had its trading suspension lifted immediately following its response to an ASX Price Query, restoring market activity in its shares.

Seven West Media shareholders are preparing to vote on a scheme of arrangement for acquisition by Southern Cross Media Group, with the Seven board unanimously recommending approval. The merger promises significant cost synergies and a stronger combined media platform.

Spacetalk Ltd has secured an $877k R&D tax refund for FY2025, more than doubling last year’s amount, underscoring its strategic pivot to software and a 20% growth in recurring revenue.

EcoGraf Limited has revealed a comprehensive expansion study for its Epanko Graphite Project in Tanzania, aiming to increase production from 73,000 to 390,000 tonnes per annum over the next decade. This growth underpins the company’s strategy to supply its proprietary HFfree® purification facilities across key global lithium-ion battery markets.

TPG Telecom has secured shareholder approval to return approximately $3 billion through a combination of capital reduction and a special dividend, marking a significant cash distribution to investors.

Alliance Nickel has confirmed the technical strength of its NiWest project while navigating market headwinds and Stellantis’ offtake renegotiation, as it pursues a Nasdaq listing via SPAC to tap US capital markets.

Light & Wonder, Inc. transitions from an ASX Foreign Exempt Listing to a full ASX Listing, marking a significant regulatory shift without raising new capital. The company continues trading its shares as CHESS Depositary Interests on a 1, 1 basis.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.

Australian Vintage reports a modest sales dip in FY25 but charts a clear path to cash flow neutrality and growth through innovation and strategic acquisitions.