Latest Governance News

Australian Finance Group Ltd (AFG) reported a 21% rise in statutory net profit after tax to $35 million for FY25, driven by record broker numbers and loan book growth. The company declared a fully franked final dividend of 5.3 cents per share, underscoring strong shareholder returns.

Golden State Mining announces key executive departures and cost-saving measures as part of a strategic cash preservation plan.

Matrix Composites & Engineering Ltd posted a 12.1% revenue decline to $74.77 million for FY25, reporting a net loss of $2.2 million as subdued drilling buoyancy markets weighed on results despite strong growth in subsea buoyancy products.

Cash Converters International Limited reported a robust 41% increase in net profit for FY2025, driven by strategic franchise acquisitions and a shift in loan product mix. The company declared a fully franked final dividend and maintains a strong balance sheet as it navigates evolving regulatory and market conditions.

First Graphene Limited’s partnership with Halocell Energy and QUT has yielded a breakthrough in perovskite solar cells, doubling efficiency to 30.6% while cutting production costs by up to 80%. This innovation paves the way for scalable, low-cost solar solutions across multiple industries.

Terragen Holdings reported a $3.72 million loss for FY25, impacted by drought and lower revenues, while launching dry probiotic products targeting feedlots and completing a $4.76 million equity raise.

Wisr Limited’s FY2025 results reveal a modest revenue decline alongside increased losses, with no dividends declared, highlighting ongoing challenges for the fintech lender.

Meridian Energy posted a significant net loss for FY25 due to severe droughts and gas shortages but pushed ahead with renewable investments and maintained shareholder dividends.

Winton Land Limited reported a 10.5% revenue decline to NZD 155.4 million for FY25, with net profit after tax down 34.4%, as subdued Auckland markets and economic headwinds persist. The company is focusing on South Island developments and Fast-track approvals to navigate the downturn.

AUCyber Limited reported a 112% revenue increase to $23 million in FY25, driven by acquisitions and cybersecurity growth, despite a $37.6 million net loss largely due to impairment charges. The company’s strategic pivot under 5G Networks’ majority ownership signals a renewed focus on sovereign cloud and AI-enhanced security services.

Thorney Technologies Ltd reported a reduced net loss of $4.66 million for FY2025, improving from a $21.7 million loss the previous year, while maintaining a stable net tangible asset backing per share. The company is focused on enhancing portfolio performance and addressing the persistent discount to net tangible assets through strategic initiatives including a share buyback.

Locate Technologies Limited reported a significant reduction in losses for FY2025, driven by strong growth in its Locate2u segment and effective cost management.