Latest Financials News

Cadence Opportunities Fund Limited reported a solid 7.9% gain for the 2025 financial year, driven by strong gold mining stocks and strategic portfolio moves. The fund also declared a fully franked final dividend of 7.0 cents per share, reflecting confidence despite ongoing economic uncertainties.

Nex Metals Explorations has partnered with the Wangkatja Tjungula Aboriginal Corporation to reprocess historic gold tailings at Kookynie, sharing profits and embedding cultural stewardship in rehabilitation efforts.

Cadence Opportunities Fund Limited reported a 36% drop in profit after tax for FY2025 but maintained its fully franked final dividend at 7.0 cents per share, signaling confidence despite softer earnings.

Cadence Capital Limited reported a $6.3 million profit and a 3.4% fund gain for FY25, driven by strong gold sector performance. The company announced a 3.0 cent final dividend with a dividend reinvestment plan and on-market buy-back.

Cadence Capital Limited reported a sharp decline in profit for FY2025, down 71% from the prior year, while declaring a steady 3.0 cent final dividend and continuing its share buy-back program.

Globe International Limited reported a decline in revenue and profit for FY25, reflecting a strategic shift away from non-core brands. Despite this, the company maintains strong profitability in Australia and a solid cash position, while declaring a fully franked dividend of 20 cents per share.

Aerometrex has confirmed Robert Veitch as its new CEO and Managing Director, following a strategic overhaul that delivered $2 million in annual cost savings and boosted its MetroMap revenue stream.

Symal Group is set to acquire Locale Civil for up to $35 million, securing a $230 million civil works contract and enhancing its earnings from the first year. This move strategically expands Symal’s footprint in Australia’s utilities infrastructure sector.

Trading in Aspermont Limited shares has resumed following the ASX's immediate lifting of the suspension after the company released a key announcement.

Aspermont launches its new Mining-IQ data platform, partners with Rio Tinto to digitize historic mining archives using AI, and raises A$1.75 million from European investors to fuel growth.

Desane Group Holdings anticipates a strong leap in earnings before interest and tax for FY25, nearly doubling last year’s figure. The final audited results are expected by the end of August.

MIXI Australia has extended its unconditional all-cash takeover offer for PointsBet shares, providing shareholders with a certain and attractive alternative to PointsBet’s conditional scrip bid. The offer now runs until 29 August 2025 at A$1.30 per share for acquisitions above 90%.