Latest Impairment News

PPK Group Limited reported a significant statutory loss for FY25, driven by a major non-cash impairment on its Li-S Energy investment, while its ballistic protection arm Craig International Ballistics delivered exceptional revenue growth.

Sayona Mining delivered record lithium production and sales in FY25 but reported a $382 million loss due to asset impairments amid falling lithium prices. The company is poised for transformation with its imminent merger with Piedmont Lithium.

Sayona Mining delivered record lithium concentrate production and sales in FY25, driving revenue to $223 million despite a 16% drop in selling prices. The company also recorded a significant $271 million impairment on its North American Lithium assets amid weaker market conditions.

Sayona Mining reported an 11% revenue increase to $223 million but posted a $294 million loss driven by a significant impairment of its North American Lithium assets.

Echelon Resources reports a robust 34% revenue increase and 26% production growth for FY2025, driven by expanded stakes and drilling success at the Mereenie field. The company balances strong cash flow with strategic reinvestment and a modest dividend.

Echelon Resources Limited reported a robust financial year ending June 2025, driven by strategic asset acquisitions and strong commodity prices, delivering a 34% revenue increase and a near 20-fold jump in net profit after tax.

Experience Co Limited reports a robust FY25 with revenue growth and a significant jump in earnings, driven by a tourism rebound in Australia and New Zealand.

Experience Co Limited reported a solid FY25 financial performance with revenue rising 6% to $134.3 million and underlying EBITDA jumping 34%, driven by strong recovery in skydiving and adventure segments. The company declared a fully franked dividend and outlined an optimistic FY26 outlook focused on growth and efficiency.

Experience Co Limited reported a 6% increase in revenue to $134.3 million for FY25, alongside a 34% rise in underlying EBITDA to $19.3 million, marking its best financial performance since FY19. The company declared a fully franked dividend and initiated a 10% on-market share buy-back.

Alexium International Group Limited posted a 42.2% increase in net loss for FY2025, with revenues down 33.4% due to a soft US mattress market. Despite financial setbacks, the company advanced key technologies and announced leadership changes that could fuel future growth.

Steadfast Group Limited reported a robust 47% jump in statutory net profit for FY25, boosted by a significant one-time gain from acquiring Rothbury Group. The company also declared a fully franked final dividend of 11.7 cents per share.

NTAW Holdings Limited has delivered a strong second-half turnaround in FY2025, posting a $30.3 million Operating EBITDA despite a full-year net loss. Under new leadership, the company is setting the stage for consolidation and growth in FY2026.