Latest Innovation News

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AGL Energy’s half-year results reveal a 15.3% revenue increase to $7.13 billion, but statutory profit plunges 83.2% to $97 million, reflecting margin pressures and significant provisions. The company declares a lower fully franked interim dividend of 23 cents per share.
Maxwell Dee
Maxwell Dee
12 Feb 2025
St Barbara reveals plans to expand its 15-Mile processing plant capacity from 2.1 Mtpa to 3.0 Mtpa, integrating Cochrane Hill ore to target annual gold production exceeding 100,000 ounces.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Vection Technologies has secured a three-year, AUD$575k partnership with global insurer Generali to deploy AI-driven extended reality solutions enhancing workplace safety and client engagement.
Sophie Babbage
Sophie Babbage
12 Feb 2025
IMDEX reported a 10% revenue decline in 1H25 amid subdued global exploration activity but delivered a robust 28% increase in EBITDA, maintaining a strong 30% margin and positioning itself for growth.
Maxwell Dee
Maxwell Dee
12 Feb 2025
IMDEX Limited reported a significant 84% increase in net profit for the half-year ended December 31, 2024, even as revenue declined by 10%. The company declared a steady interim dividend, underscoring confidence amid mixed financial signals.
Maxwell Dee
Maxwell Dee
12 Feb 2025
ASB reported a modest 1% increase in cash net profit after tax for the half-year ending December 2024, underpinned by rising lending volumes and strategic investments in housing and fraud prevention amid New Zealand's gradual economic recovery.
Victor Sage
Victor Sage
12 Feb 2025
Suncorp Group Limited delivered a robust half-year performance with a $1.1 billion net profit, driven by favourable natural hazard conditions and the strategic sale of Suncorp Bank. The insurer plans a substantial $4.1 billion return to shareholders, underscoring its strong capital position and growth ambitions.
Claire Turing
Claire Turing
12 Feb 2025
Amotiv Limited posted a modest 2.3% revenue increase for H1 FY25 despite a 35.8% plunge in net profit after tax, driven by impairments and restructuring. The company signals optimism for FY25 growth, underpinned by new product launches and disciplined cost management.
Victor Sage
Victor Sage
12 Feb 2025
Amotiv Limited’s interim results reveal a 34.3% decline in net profit despite a 2.3% revenue increase, driven by significant impairments and restructuring costs. The company declared a fully franked interim dividend of 18.5 cents per share.
Victor Sage
Victor Sage
12 Feb 2025
Commonwealth Bank of Australia reported a 2.3% increase in cash NPAT for the half year ended December 2024, underpinned by disciplined lending growth and robust capital management. The bank maintained its leadership in customer engagement and digital innovation while navigating ongoing economic uncertainties.
Victor Sage
Victor Sage
12 Feb 2025
Commonwealth Bank of Australia reported a robust 8% increase in net profit after tax for the half year ended December 2024, underpinned by higher revenue and disciplined credit management. The bank declared a fully franked interim dividend of 225 cents per share, reflecting confidence amid economic headwinds.
Claire Turing
Claire Turing
12 Feb 2025
Computershare has reported a robust first half for FY25 with management EPS up 18.7% and upgraded its full-year EPS guidance to around 135 cps, reflecting strong recurring fee growth and resilient margin income despite lower yields.
Claire Turing
Claire Turing
11 Feb 2025