Latest Impairment News

Page 27 of 49
Santos Limited reports a 31% drop in net profit for H1 2025 despite increased sales volumes and progress on key projects, while receiving a non-binding acquisition proposal from an Abu Dhabi-led consortium.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Close the Loop Limited reported a 7% decline in revenue to $195.1 million for FY25, alongside a significant net loss increase to $21.9 million, driven by operational challenges and one-off costs. The company is navigating leadership changes and portfolio adjustments while maintaining a focus on sustainability and circular economy growth.
Victor Sage
Victor Sage
25 Aug 2025
Genetic Signatures reported a 63% revenue increase to $15.9 million in FY25, alongside a 28% reduction in underlying losses and a strategic shift in its automated diagnostics platform development.
Ada Torres
Ada Torres
25 Aug 2025
Genetic Signatures Limited reported a 63% revenue surge to $15.9 million in FY25, driven by strong Australian sales and progress in EMEA, while navigating a $20.1 million net loss and a strategic pivot towards partnerships for automated diagnostics.
Ada Torres
Ada Torres
25 Aug 2025
Michael Hill International reported steady FY25 results with flat revenue and modest profit improvement amid challenging market conditions. The company is focusing on brand repositioning, operational efficiency, and AI innovation as it navigates a complex retail environment.
Logan Eniac
Logan Eniac
25 Aug 2025
Rubicon Water Limited posted its strongest revenue since IPO at $69.1 million in FY25, driven by robust growth in the US and EMEA markets. Despite a $7 million net loss, the company improved cash flow and reduced debt, positioning itself for further global irrigation automation expansion.
Victor Sage
Victor Sage
25 Aug 2025
Michael Hill International reported a steady FY25 with revenue holding firm at $643.7 million and a return to profitability despite ongoing retail challenges. The year saw strategic store closures, digital sales growth, and leadership changes, setting the stage for a reset under new CEO Jonathan Waecker.
Logan Eniac
Logan Eniac
25 Aug 2025
GTN Limited reported a 2% revenue decline to AUD 180.2 million and a net loss after tax of AUD 6.06 million for FY25, alongside a capital return approved by shareholders. The company is navigating operational challenges while positioning for future growth across its global media platform.
Elise Vega
Elise Vega
25 Aug 2025
Southern Cross Media Group reported a 5% revenue increase for FY2025, powered by growth in broadcast radio and digital audio, with its LiSTNR platform achieving profitability for the first time. The company declared a fully franked final dividend of 4 cents per share and outlined a new executive remuneration framework aligned with shareholder returns.
Elise Vega
Elise Vega
25 Aug 2025
Bendigo and Adelaide Bank reported an 11% rise in customers and a 6.6% increase in deposits for FY25, while statutory earnings were weighed down by a significant goodwill impairment charge.
Claire Turing
Claire Turing
25 Aug 2025
Bendigo and Adelaide Bank reported a $97.1 million net loss driven by goodwill impairment but maintained a stable dividend and strong customer growth, while unveiling a strategic plan targeting sustainable growth and operational efficiency through 2030.
Claire Turing
Claire Turing
25 Aug 2025
Bendigo and Adelaide Bank reported a statutory loss of $97.1 million for FY25, driven by a significant goodwill impairment, while cash earnings grew 8.4% to $514.6 million. The bank maintained its dividend payouts despite margin pressures and increased operating costs.
Victor Sage
Victor Sage
25 Aug 2025