Latest Goodwill Impairment News

NextEd Group navigated a tough international education market in FY26, boosting underlying EBITDA by 7% to $15.3 million even as revenue fell 6.7%. A $13 million goodwill impairment weighed on net losses, but ongoing cost discipline and vocational course growth underpin a resilient platform.

Lark Distilling Co. Ltd grew net sales by 15% in FY26, driven by whisky and international expansion, but posted a $40 million loss after goodwill and inventory impairments.

CSL Limited’s FY2026 results reveal modest revenue growth offset by a multibillion-dollar statutory loss driven by restructuring and impairments, alongside a maintained dividend and a strategic focus on sustainable growth.

BNK Banking Corporation is set to book a $3.5 million non-cash goodwill impairment in its FY2026 results, fully writing off its remaining goodwill but leaving capital ratios and cash flow untouched.

Corporate Travel Management (ASX:CTD) has appointed Ana Pedersen as its permanent Managing Director and Group CEO, cementing leadership stability after a challenging period. Pedersen’s extensive industry experience and prior acting CEO tenure position her to steer CTM’s recovery and future growth.

Atturra reports FY26 underlying EBITDA in line with guidance despite softer revenue and announces a significant non-cash goodwill impairment tied to government contracts. The company plans substantial FY27 investment in AI, ERP, and education technology to drive organic growth.

Burger Fuel Group posted a 92% surge in net profit to NZ$1.97 million for FY26, driven by steady system sales growth, a one-off store sale gain, and reduced legal expenses, while geopolitical instability in the Middle East weighs on international sales.

Third Age Health Services Limited lifted revenue by 18% to NZD 22.49 million in FY26, driven by acquisitions and aged care growth, while net profit after tax rose 25% to NZD 3.09 million.

Turners Automotive Group posted a record $63.2 million normalised NPBT for FY26, beating guidance and declaring a 14% higher dividend as it accelerates branch expansion and ecosystem integration.

Corporate Travel Management (ASX:CTD) has pushed back its FY25 and 1HFY26 financial statements to August 2026 due to intertwined UK customer remediation, financing negotiations, and audit complexities, while signalling significant goodwill impairments across multiple regions.

General Capital Limited posted record revenue growth of 18% to $26.76 million for FY26, driven by a 63% jump in loan receivables and a 34% rise in term deposits. The group declared a final dividend, reflecting confidence amid economic uncertainty and a positive credit rating upgrade for its finance subsidiary.

Frasers Group has initiated an unconditional on-market takeover bid for Accent Group at $0.65 per share, aiming to increase its stake beyond 22.9% amid concerns over Accent’s recent financial performance and strategic direction.