Latest Impairment Charges News

Page 1 of 19
IRIS Metals posted a $22.3 million loss for FY26, driven by major impairments on exploration assets and elevated share-based payments. The company pivots away from Edison and Tin Mountain projects, focusing on lithium-rubidium in South Dakota and tungsten in Montana.
Maxwell Dee
Maxwell Dee
29 June 2026
ArborGen Holdings reported a solid FY26 with record revenue driven by Brazil expansion and a 31% EBITDA increase, offsetting a challenging US market. Leadership changes and operational discipline mark the company’s path forward.
Victor Sage
Victor Sage
26 June 2026
Reliance Worldwide Corporation plans to shutter its brass manufacturing in Melbourne, citing declining volumes tied to automation and supply chain shifts, while targeting a US$9 million boost to operating earnings by FY27.
Victor Sage
Victor Sage
23 June 2026
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.
Claire Turing
Claire Turing
22 June 2026
EQT Holdings is stepping away from its superannuation trustee arm to sharpen focus on core corporate and wealth services, triggering a $13 million impairment and legal expenses in FY26.
Claire Turing
Claire Turing
22 June 2026
Trek Metals has marked a breakthrough year with a high-grade manganese discovery at its Christmas Creek Project in Western Australia, supported by strong assay results and expanded exploration tenure. The company bolstered its balance sheet with $19.5 million raised to fund drilling and further exploration.
Maxwell Dee
Maxwell Dee
1 June 2026
ArborGen Holdings delivered its strongest revenue in five years with $68.2 million, driven by a 14% surge in Brazil and an 8% rise in adjusted EBITDA despite US market headwinds. The company’s focus on advanced genetics and operational efficiency underpins a confident FY27 outlook.
Victor Sage
Victor Sage
29 May 2026
EROAD reported flat group revenue of NZD 195.2 million for FY26, driven by strong Australian growth and steady New Zealand performance, offset by a North American decline and a hefty goodwill impairment.
Sophie Babbage
Sophie Babbage
25 May 2026
Serko Limited posted a 34% jump in total income to NZD 120.9 million for FY26, powered by strong Booking.com for Business growth and a full year of GetThere revenue. The company’s EBITDAFI surged 137%, while net loss narrowed. Serko.ai’s US closed beta marks a strategic pivot into AI-driven business travel.
Sophie Babbage
Sophie Babbage
20 May 2026
Marimaca Copper Corp. reported a robust cash position of $147.7 million in Q1 2026, driven by a C$409 million equity raise, supporting ongoing development of its Marimaca Project in Chile.
Maxwell Dee
Maxwell Dee
13 May 2026
Paladin Energy Ltd (ASX:PDN) swung to a quarterly profit with US$8.4 million gross profit and bolstered its balance sheet through a A$400 million equity raise, positioning itself for expansion in uranium production and development.
Maxwell Dee
Maxwell Dee
13 May 2026
5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.
Maxwell Dee
Maxwell Dee
13 May 2026