Latest Investment And Costs News

News Corporation reported a 9% revenue increase to $2.185 billion in Q3 FY2026, driven by growth across its media and real estate segments, but net income attributable to stockholders declined 14% amid rising costs and restructuring.

FortifAI’s Nol8 FPGA appliance dramatically reduces AI infrastructure costs by replacing up to 60,000 CPUs, slashing annual operational expenses from millions to tens of thousands of dollars.

DGL Group reported a 5.8% revenue decline to $225.2 million in H1 FY26, weighed down by audit qualifications, ERP rollout delays, and one-off impairments. Despite these headwinds, the company cut net debt by $16.4 million and advanced strategic site consolidations and new facility investments.

Cuscal Limited is set to acquire New Zealand payments provider Paymark for A$27 million, funded by a fully underwritten A$30 million institutional placement and a non-underwritten A$3 million share purchase plan. The deal, expected to complete by June 2026, will add scale and geographic diversification while being accretive to earnings in FY27.

West African Resources forecasts a record 430,000 to 490,000 ounces of gold production in 2026, driven by full-year output from Kiaka and sustained performance at Sanbrado. The company plans significant drilling and capital investment to extend mine life and enhance growth.

Universal Store Holdings has reported a robust first half of FY26, with sales and profits climbing significantly across its key brands, supported by margin gains and strategic investments.

Baby Bunting reported a 6.7% rise in revenue to $271.4 million for H1 2026, while statutory net profit after tax fell 52.5%. Adjusted earnings paint a steadier picture with a 4.1% increase in pro forma NPAT.

Oneview Healthcare PLC reported a 21% increase in total revenue to €12 million for the year ended 31 December 2025, driven by growth in recurring revenue and customer expansion. Despite this, the company’s loss after tax widened to €12.6 million, reflecting ongoing investment and cost pressures.

Tusker Minerals reported a solid financing inflow of A$4.455 million in the December quarter, offsetting significant cash outflows from exploration and setup costs, leaving the company with A$2.2 million in cash and nearly two quarters of funding runway.

Synertec Corporation Limited has reported a robust 25% increase in revenue for FY26 Q2 alongside a significant turnaround to positive operating cashflow, underpinned by strong project pipelines and strategic partnerships.

Korvest Ltd has reported a robust half-year performance with revenues climbing 17.9% to $60.3 million and net profit after tax rising 33.2% to $5.444 million, driven by strong activity in its Industrial Products segment and strategic capital investments.

Metcash Limited reported a marginal rise in sales revenue to $8.48 billion for 1H26, with underlying EBITDA up 2% driven by Food pillar growth, while EBIT declined 2.4% amid challenges in Liquor and Hardware segments. The Board declared an interim fully franked dividend of 8.5 cents per share.