Latest Funding News

Prime Financial Group delivered a robust FY25 performance, with revenue climbing 21% and Funds Under Management soaring 58% following a key acquisition. The company sets sights on doubling revenue within five years.

Prime Financial Group Ltd has reported a robust 21% increase in revenue to $49.4 million for FY25, alongside a 62% jump in net profit after tax. The company’s strategic acquisition of Lincoln Indicators Pty Ltd bolsters its wealth management capabilities and client base.

Austco Healthcare has reported a robust FY25 with revenues climbing 40% to $81.4 million and EBITDA jumping 62% to $13 million, driven by organic growth and strategic acquisitions.

Centrepoint Alliance has reported a robust FY25 with 13% revenue growth and a 30% increase in profit before tax, driven by organic adviser expansion, strategic acquisitions, and pioneering technology investments including AI and cybersecurity.

Beforepay Group Limited reported a strong FY25 with a 29% increase in net transaction margin and 14% revenue growth, driven by expanding user numbers and advances. The company continues to leverage AI-driven risk management while maintaining its ethical lending model.

Scentre Group reported a 93% surge in half-year profit to $782.2 million, driven by strong operational growth and property valuation gains. The Group declared an interim distribution of 8.815 cents per security and reaffirmed its 2025 growth guidance.

Beforepay Group Limited reported a robust 74% jump in net profit for FY25, driven by stronger advance volumes, improved credit quality, and expanding user base. Its AI-powered lending division, Carrington Labs, accelerated growth with new clients and strategic partnerships.

Centrepoint Alliance has reported a robust FY25 financial performance, surpassing earnings guidance with a 16% rise in EBITDA and a 30% jump in pre-tax profits. The company also declared a 1.75 cent final dividend and advanced its technology and advisory services.

Kincora Copper reports encouraging early drilling outcomes at its Nyngan and Nevertire projects, highlighting significant porphyry copper and epithermal gold potential in a key extension of the Macquarie Arc.

Johns Lyng Group reported a modest 1.8% revenue increase for FY25, driven by strong business-as-usual growth despite a steep decline in catastrophe-related income. The company’s FY26 forecast anticipates continued revenue expansion amid ongoing operational challenges.

Story-i Limited has agreed to acquire LIT Energy Network Australia for AUD 8 million, targeting Vietnam’s booming electric motorcycle market. The deal comes as Story-i prepares for ASX delisting and a $5 million capital raise.

Bio-Gene Technology Limited reported a net loss of AUD 2.58 million for FY2025 while making significant strides in developing its bio-insecticides Flavocide and Qcide, securing US Department of Defense grants and expanding global partnerships.