Latest Free Cash Flow News

BetMakers delivered a step-change in Q1 FY27 profitability, with constant-currency revenue rising 16.3% and adjusted EBITDA climbing 176% to $5.9 million. Positive operating cash flow and stronger margins add weight to the company’s technology-led growth story, although the figures remain unaudited.

Comvita has moved from NZ$62.4 million of net debt to NZ$0.5 million of net cash in a year, while FY27 first-quarter sales rose 4.6%. The sharper test now is whether its operating reset can convert a stronger balance sheet into durable shareholder returns, with no FY27 dividend expected and board control still contested.

Rumble Resources has outlined a preliminary A$86 million pre-tax NPV for Western Queen, with a 45% IRR and almost four years of planned underground production. The study also leaves room for tungsten upside, but financing, approvals and a feasibility study remain unresolved.

SiteMinder is targeting mid-20s annual recurring revenue growth through FY30 and an adjusted EBITDA margin in the mid-20s, as it positions its hotel commerce platform for an AI-led shift in bookings and revenue management. The company entered that plan after FY26 revenue reached A$266 million and adjusted EBITDA margin rose to 10.6%.

Lunnon Metals has completed its first open pit broadly in line with feasibility expectations, lifting cash to $43 million and generating about $39 million in pre-tax free cash flow. The ASX-listed miner now faces a more speculative phase as it spends $13 million testing gold targets and weighs a possible return to nickel.

Fleetwood enters FY27 with a stronger Community Solutions business, a $61.5 million net cash position and a plan to restore Building Solutions to profitability in the second half. The key tests are completing the Red Dog Village acquisition and proving its manufacturing reset can overcome a $8.7 million underlying loss.

Boab Metals has strengthened the case for its Sorby Hills silver-lead project, extending the mine life to 10.5 years while reporting construction progress and higher Norton recoveries. The project remains targeted for first concentrate in Q3 2027, but the quarter also consumed A$30.9 million in cash and left the A$236 million debt facility undrawn.

The Star Entertainment returned to positive quarterly EBITDA in Q1 FY27, with Sydney and Gold Coast revenue recording year-on-year growth for the first time since quarterly reporting began. The improvement comes alongside negative reported operating cash flow, continuing casino licence restrictions and unresolved going-concern uncertainties.

Serko says faster growth in completed room nights has lifted first-half trading above expectations, with a modest FY27 income guidance upgrade now anticipated. The travel technology company also expects positive free cash flow for both the first half and full year.

Ramelius Resources has kept its FY27 production and cost targets intact despite wet-weather disruption at Penny, while advancing the infrastructure needed for a much larger Western Australian gold operation. The company ended September with A$768 million in cash and gold and secured an EPC contractor for its planned 3Mtpa Mt Magnet expansion.

Structural Monitoring Systems remained profitable in the September quarter, but revenue, earnings and free cash flow all fell as aircraft maintenance delays weighed on avionics sales. The company also said Boeing’s FAA approval pathway for its 737NG structural monitoring application is taking longer than expected, with no revised completion date.

Carnavale Resources has completed a bankable feasibility study for its Kookynie Gold Project, outlining an 18-month open-pit operation with A$104 million in pre-tax free cash flow at a A$6,000/oz gold price. The project now has a maiden 35.6koz Ore Reserve, but still needs funding, approvals and a third-party processing deal before construction can begin.