Latest Financials News

Sabre Resources has completed the sale of its Ninghan Gold Project to Capricorn Metals, receiving $1.85 million in initial consideration plus ongoing royalties and milestone payments.

Alcoa Corporation has announced a quarterly dividend of USD 0.10 per security, payable on June 6, 2025, with a 30% default U.S. withholding tax applying to non-resident holders unless tax treaty benefits are claimed.

News Corporation reported a 3% revenue increase to $2.009 billion for Q3 2025, with net income attributable to stockholders tripling to $137 million. The company completed the strategic sale of Foxtel, marking a significant shift in its operations.

FleetPartners Group Limited reported resilient 1H25 results with 6% growth in assets under management and a 13% rise in normalised earnings per share, despite temporary operational setbacks from its Accelerate system upgrade.

FleetPartners has wrapped up its Accelerate transformation, boosting operational efficiency and asset growth, even as net profit after tax excluding amortisation dipped 7% in 1H25. The group announced a $25.3 million share buy-back and a new Chief Strategy Officer to spearhead growth.

FleetPartners Group Limited reported a 2.6% revenue increase to $377 million for the half-year ended March 2025, while net profit after tax declined 5.3% to $34.5 million, reflecting operational headwinds from a major system upgrade.

FBR Limited has completed the final tranche of its $6.3 million placement, enabling significant cost reductions and operational consolidation that position the company for a more sustainable future.

Blackstone Minerals has secured $600,000 through the set-off of collateral shares under its ATM facility, bolstering its financial position ahead of a key merger and acquisition in Southeast Asia’s critical minerals sector.

Equinox Resources has successfully completed the first tranche of its $3.5 million capital raise, issuing nearly 31 million shares at 9.5 cents each. The second tranche, involving additional shares and options, is pending shareholder approval.

Engenco Limited’s independent board committee recommends shareholders accept Elph Investments’ 30.5 cents per share takeover offer, despite an independent expert deeming the price ‘not fair but reasonable’. The offer, conditional on increasing Elph’s stake to over 92%, presents shareholders with a choice between immediate liquidity and longer-term exposure.

Nanoveu Limited has completed the first tranche of a $2.7 million capital raise, issuing over 61 million shares to bolster its advanced semiconductor and materials science ventures. Additional placements to executives and the Chairman are planned, pending shareholder approval.

Global Masters Fund Limited has appointed long-serving director Jason Pohl as its new Managing Director, signaling continuity in leadership and strategic focus.