Latest Innovation News

Bendigo and Adelaide Bank reports a $375.1 million statutory profit for FY26, reversing last year’s loss, while committing $70 million to a multi-year risk rectification program and declaring a fully franked 33 cent dividend.

GemLife Communities Group (ASX: GLF) reported a 238% surge in statutory net profit for 1H26, driven by record home settlements and a 10% rise in average sale prices, prompting an upgrade to full-year earnings guidance.

Aussie Broadband reported a 9% revenue increase to $1.3 billion and a 20% rise in underlying EBITDA for FY26, driven by organic growth and transformative acquisitions including AGL Telco and Nexgen.

Reece Limited posted a 4.5% revenue increase to $9.38 billion in FY26, driven by a strong ANZ recovery and tempered by ongoing challenges in the US residential market. Despite flat EBITDA and a slight dip in net profit, the company unveiled a revamped long-term executive remuneration plan aligned with its 2030 strategy.

Adore Beauty delivered record FY26 revenue of $207.3 million, driven by retail expansion and owned brands, while posting a statutory loss amid heavy investment. The Group targets 10%+ revenue growth and a sharp EBITDA increase in FY27 as its omni-channel strategy matures.

Nuix posted a robust FY26 with 18.8% revenue growth and a 179% jump in Nuix Neo ACV, driving a 60% rise in core EBITDA. The company’s strategic pivot to platform value and AI integration sets the stage for continued expansion.

Ansell Limited (ASX:ANN) reported a robust FY26 with net profit doubling to US$208.6 million, driven by strong sales growth and operational resilience amid geopolitical challenges. The company also announced a leadership change and reaffirmed its sustainability ambitions.

Broken Hill Mines (ASX: BHM) has confirmed a major new discovery of thick, high-grade silver, lead, and zinc mineralisation at its Centenary Zone, extending the resource strike length to 1,600m and significantly exceeding historical estimates.

Liberty Metals has kicked off its maiden exploration at the newly acquired Oko North and South projects in Guyana’s prolific Oko gold district, targeting drill-ready anomalies with cutting-edge in-field gold detection technology.

Peter Warren Automotive reported a modest revenue increase to AUD 2.489 billion in FY26 but saw profit after tax nearly halve to AUD 6.3 million, reflecting margin pressure in new vehicles and rising operating costs. The company declared a fully franked final dividend of 0.6 cents per share and is poised for growth with expanded Chinese brand exposure and a disciplined acquisition pipeline.

Guzman y Gomez (ASX: GYG) reported strong FY26 growth with network sales rising 18% and underlying NPAT up 30%, while completing its exit from the US market and announcing a 48 cents fully franked dividend.

Fisher & Paykel Healthcare has raised its full-year net profit guidance for FY2027, buoyed by robust first-half sales and a $23 million US tariff refund. The medical devices maker forecasts up to 24% profit growth in H1, driven by hospital product demand and operational efficiencies.