Latest Industry Awards News

Metal Powder Works has secured a follow-on contract with Westinghouse Electric Company to refine metal powders for nuclear additive manufacturing, reinforcing its foothold in a rapidly growing sector.

Norwood Systems reports a second consecutive quarter of positive operating cash flow, enabling debt reduction and progress in key projects with Optus and Microsoft. The company also secured multiple industry awards, underscoring its innovation momentum.

Helloworld Travel Limited has completed its acquisition of the remaining 50% stake in Mobile Travel Holdings, fully owning the mobile travel agency and significantly boosting its transaction volume.

Coles Group reveals a significant potential financial impact following a Federal Court decision on underpayments to salaried team members, estimating remediation costs between $150 million and $250 million.

Metal Powder Works Limited has completed a A$15 million institutional placement, strengthening its balance sheet to scale production and expand its market presence.

NobleOak Life Limited reported a robust 22% increase in underlying net profit after tax for FY25, driven by strong premium growth and expanding market share. Despite a statutory profit dip due to one-off costs, the insurer plans to reinvest cash flows to fuel future growth and transition to a Life Company structure.

Swoop Holdings delivered a robust FY25 with 20% revenue growth, positive free cash flow, and secured major long-term fibre network contracts, positioning itself as a rising challenger in Australia's telecom sector.

Woolworths Group posted a modest 1.7% revenue increase to $69.1 billion for the 52 weeks ending June 2025, while earnings before interest and tax (EBIT) fell 12.6%, weighed down by challenges in its Australian Food and BIG W segments.

Wisr Limited has reported a remarkable 101% growth in loan originations for FY25, surpassing its guidance and returning to EBITDA profitability. The fintech lender also secured a $267 million funding facility with Barclays, positioning itself for continued expansion in FY26.

Calix Limited reported a 17% rise in product and services revenue for FY25, driven by its Magnesia and Leilac businesses, alongside a 23% reduction in operating expenses. The company extended its cash runway to 18 months, supported by a $21 million equity raise, while progressing key decarbonisation projects.

GDI Property Group has reported a strong turnaround in FY25, posting a $35.6 million net profit and a 20% increase in Funds From Operations, while maintaining its distribution at 5 cents per security.

Finbar Group reports a resilient FY25 with a 16% rise in underlying profit and a robust $1 billion development pipeline, underpinned by strong sales and strategic focus.