Latest Gross Profit News

Locality Planning Energy has returned to statutory profit and sharply reduced borrowings, but its next test is converting a large contracted pipeline into active service points. The company has given no numerical FY2027 guidance and is operating under an interim leadership structure while it searches for a permanent CEO.

Energy Fuels has amended its proposed acquisition of VAC after a customer dispute escalated into arbitration and lender forbearance at VAC’s US magnet plant. The filing also reveals VAC’s six-month net loss of €57.4 million, substantial debt and reliance on shareholder support ahead of the proposed transaction.

Elixinol Wellness lifted Q3 gross profit 27% and delivered a fourth consecutive quarter of positive underlying operating cash flow, despite statutory operating cash flow remaining negative and cash below A$1 million. The proposed all-scrip Vitable acquisition could add scale, but shareholder approval and a thin liquidity buffer remain important next tests.

Elixinol Wellness has lifted combined hemp sales 12% to $6.41 million in the first nine months of 2026, while unaudited gross profit rose 41%. Two major grocery programs are now fully supplied through 2027, with Hemp Gold Protein due back at Costco in Australia and New Zealand.

Carma delivered a much larger operation in FY26, with revenue up 59% and gross profit doubling, but the online used-car retailer remains deeply loss-making. Its next test is converting new sourcing and reconditioning capacity into faster inventory turnover and lower cash burn.

Mesoblast has reported a sharp commercial step-up in FY2026, with Ryoncil generating US$115.2 million in net sales and total revenue reaching US$120.3 million. The company has also completed treatment in its 350-patient back-pain trial and refinanced its debt, but remains loss-making and expects to need more capital beyond the next 12 months.

NTAW Holdings improved margins, reduced inventory and cut gross debt in FY2026, but remained loss-making as revenue fell sharply after the loss of key distribution rights. Management is targeting modest growth in FY2027 while covenant obligations and cash generation remain central tests.

Redox enters FY27 from a position of record revenue, higher margins and a debt-free balance sheet, while its North American business passes $100 million in sales. The chemical distributor also reported 9% higher average selling prices in the first quarter, although volumes remained broadly flat and freight costs increased.

Savana US Small Caps Active ETF (ASX:SVNP) fell 7.65% in September, trailing the S&P SmallCap 600 by 4.92 percentage points as higher US bond yields and a concentrated AI rally split the market. The manager says its valuation discipline kept it away from the month’s strongest semiconductor performers, while highlighting a 52% gain from its Everforth investment.

Data#3 expects first-half FY27 profit before tax to rise more than 40% year on year, with gross profit also tracking more than 15% higher. The stronger result will be helped by large transactions, infrastructure activity and a temporary interest income boost, but the company expects earnings to be weighted toward the first half.

Group 6 Metals has posted a dramatic FY26 turnaround, with revenue reaching $129.0 million and net profit after tax rising to $148.2 million. The stronger balance sheet now faces its next test: converting stockpile-fed production and newly started underground mining into repeatable cash generation.

SOCO Corporation Ltd (ASX:SOC) reported a $6.35 million FY26 statutory loss after writing down its Axsym business, even as second-half revenue, margins and cash flow improved. The company enters FY27 with $9.5 million of contracted project value carried forward and a further $4 million secured since year-end.