Latest Innovation News

Netwealth Group Limited has reported a robust first half of FY26, with record funds under administration and a significant increase in dividends, underpinned by strong inflows and strategic technology investments.

SHAPE Australia Corporation Limited has reported a robust first half of FY26, with significant gains in revenue, profits, and project pipeline, underpinned by strategic sector diversification and a key acquisition.

5E Advanced Materials reports Q2 FY2026 results with increased mineral resources and key shipments, while navigating ongoing funding uncertainties.

Australian Finance Group Ltd (AFG) has reported a record-breaking half-year profit for HY26, driven by strong broker network growth and improved funding terms that reduce cash rate sensitivity.

The Environmental Group Limited reported a robust first half of FY26 with revenue rising 8.6% to $58.9 million and underlying EBITDA jumping 25.9%, driven by strong performances in its Energy and Waste divisions alongside strategic operational upgrades.

Ventia Services Group has extended its contract with Transpower New Zealand to continue delivering specialist electrical services across the national grid, locking in NZ$160 million in revenue through 2029.

Spark New Zealand’s H1 FY26 results reveal a strong rebound in profitability driven by mobile service revenue growth and disciplined cost reductions, alongside the strategic sale of its data centre business.

Suncorp’s first half of FY26 was marked by significant natural hazard claims costing $1.3 billion, yet the insurer maintained resilient underlying margins and a robust capital position.

Cycliq Group Limited reported a 27% revenue decline for the half-year ending December 2025 but managed to return to profitability amid strategic platform upgrades and steady customer engagement.

TZ Limited clarifies its debt repayment timeline and progresses trade finance arrangements to support growing Microsoft-related sales, while highlighting its innovative AI-driven security technology.

Botanix Pharmaceuticals has launched a A$45 million capital raising to support the expansion of its dermatology product Sofdra®, while negotiating to reduce active pharmaceutical ingredient costs by up to 40%. The raising includes a two-tranche placement and a security purchase plan, with options offered to investors.

EAU Lithium, backed by Cosmos Exploration, has formalised a negotiation framework with Bolivia’s state lithium company YLB to explore industrial-scale lithium extraction using Vulcan Energy’s innovative technology.