Latest Impairment News

Heartland Group Holdings reported a solid first quarter for FY2026, with improved profitability, stable costs, and accelerated realisation of non-strategic assets surpassing expectations.

Hancock & Gore’s transformation into Schoolblazer Limited marks a strategic pivot following the Trutex UK acquisition, setting sights on $200 million revenue and expanded global reach by FY27.

Bapcor reports a 2.7% revenue decline in 1Q26 and outlines a comprehensive operational review and cost-saving plan, setting cautious guidance for FY26.

DGL Group Limited has reported a larger-than-expected FY25 net loss following an increased goodwill impairment and received a Disclaimer of Opinion from its auditor due to inventory and control issues during a major ERP system rollout.

EROAD pivots strategically to prioritise ANZ electronic road user charging opportunities, revises FY26 guidance downward, and appoints John Scott as Executive Chair to steer growth.

Anteris Technologies has secured its first European regulatory clearance to commence the global PARADIGM Trial for its DurAVR Transcatheter Heart Valve, marking a significant step toward worldwide commercialization.

Qualitas Real Estate Income Fund (QRI) has announced a $162 million non-renounceable entitlement offer at $1.60 per unit, aiming to capitalize on a robust pipeline of commercial real estate loans. The offer provides existing investors an opportunity to deepen exposure to Australia's evolving private credit market.

QuickFee Limited reported a 9% revenue increase in Q1 FY26, driven by strong Australian Finance growth despite a US Finance dip. The company completed a US Pay Now business sale for US$26.35 million and announced a 7.5 cents per share capital return, alongside a CEO appointment.

Bank of Queensland reported a robust FY25 with 12% growth in cash earnings and significant progress in its digital banking and branch conversion initiatives. The bank’s focus on productivity and specialist business lending underpins its optimistic outlook despite ongoing economic uncertainties.

Bank of Queensland reports a 12% rise in cash earnings for FY25 despite a 53% drop in statutory profit due to one-off impairments and restructuring. The bank’s strategic pivot towards commercial lending and digital transformation underpins improved operational performance and shareholder returns.

Bank of Queensland reported a 4% increase in revenues to $1.668 billion for FY25, yet profits after tax fell sharply by 53% to $133 million. Despite the profit decline, the bank declared a fully franked 20 cent dividend for the full year.

Eildon Capital Group has recommended that securityholders accept Samuel Terry Asset Management’s unsolicited $0.875 per security takeover offer, which represents a 24% premium to recent trading prices. An independent expert has deemed the offer fair and reasonable, but uncertainties remain around board composition and liquidity post-offer.