Latest Growth Strategy News

Locality Planning Energy has signed three utility infrastructure agreements that will add approximately 750 electricity and water service points across Victoria and Queensland. The expansion requires about $1.28 million of LPE-funded investment, but revenue will build only as homes, connections and retail tenancies come online.

Peter Warren Automotive has completed its acquisition of Wakeling Automotive, but the transaction remains tied to eight dealership divestments required by the ACCC. The deal expands Peter Warren’s dealership portfolio while leaving a significant regulatory obligation outstanding.

FortifAI has emerged from its first year as an AI infrastructure company with $20.4 million in cash, but a $29 million statutory loss and sharply lower gaming revenue. The company now needs to turn NOL8’s early testing and partnerships into commercial adoption before its cash-backed growth strategy faces a harder test.

Gratifii narrowed its FY26 net loss to $7.56 million, but continued cash burn, a $4.04 million net current liability deficit and an auditor warning leave its growth strategy dependent on fresh execution and funding. The ASX-listed loyalty technology company is also pursuing acquisitions and a $5 million Marketplacer investment whose benefits have yet to reach reported earnings.

Barramundi Limited (NZX:BRM) has reported the worst performance in its 20-year history, with a NZ$42.9 million net loss and a 17.0% fall in gross portfolio performance. The board is reviewing Fisher Funds’ management performance just weeks before its five-year agreement comes up for renewal.

The Australian Wealth Advisors Group Ltd (ASX:WAG) has replaced its unaudited FY2026 result with audited accounts showing $1.21 million in profit before tax and $889,469 after tax. The result comes as AWAG exits CHPW, expands its advisory investments and lifts its authorised representative target to about 150 by December.

Murray Cod Australia posted a $5.37 million FY2026 loss after the prior year’s $8.56 million profit, despite higher fish biomass and improved fourth-quarter performance. The company ended the year with $4.14 million in cash after raising capital, while operating cash outflow reached $26.57 million and a Westpac interest-cover covenant was breached and waived.

MyEco Group is seeking up to $1.5 million through a discounted, non-underwritten share purchase plan to expand council and waste management sales, retail distribution and its eco-home range. The final issue price and amount raised remain uncertain, with the company retaining the option to scale up the offer or pursue a follow-on placement.

Hydrix has secured a three-year contract with Singapore’s National Heart Centre to deploy the Implicity remote cardiac monitoring platform. The agreement is expected to generate about A$0.625 million, although the final value depends on patient volumes and implementation.

Pantoro Gold has extended the interpreted mineralised strike at its Racetrack discovery to about 900 metres, with drilling returning several high-grade intersections. The company will begin a 450-metre exploration decline from the OK Underground Mine in the December 2026 quarter, although Racetrack remains outside the current Mineral Resource and Ore Reserve.

Franklin Templeton Australia is reshaping the FRGG Active ETF, replacing its concentrated global growth strategy with Putnam’s broader core equity approach and cutting management fees by one-third. The fund is expected to adopt the ticker FTPG in October, subject to approval, but the transition may bring tax and distribution consequences for investors.

Locality Planning Energy CEO Scott Taylor has stepped down, with a three-person interim leadership team taking charge while the board searches for a permanent successor. The company says its growth strategy remains unchanged, but has not set a timetable for the appointment.