Latest Investments News

Ridley Corporation’s first full reporting year with the Incitec Pivot Fertilisers distribution business produced a sharp lift in underlying earnings and cash flow, despite a steep fall in statutory profit after a $31.8 million NovaqPro impairment. Management expects earnings growth across all three segments in FY27, but the enlarged group now carries significantly more debt and integration work.

Liberty Group delivered a second consecutive year of profit growth in FY26 as record loan originations lifted financial assets to A$15.2 billion. The result supports a 15-cent fully franked special dividend, although credit provisions and cash flow remain important tests for the lending model.

European Lithium reported a A$930.6 million FY2026 profit, but the headline result was dominated by a A$1.276 billion accounting gain after losing control of Critical Metals Corp. The company now heads towards an October vote on a merger that would fold its cash, CRML stake and mineral assets into a single NASDAQ-listed group.

GCQ Flagship Fund recorded a $449.8 million loss before finance costs for the year ended 30 June 2026, as its main ETF class fell 22.8% after fees. Net assets still climbed to $1.607 billion, supported by substantial unit-holder applications, while the newly listed hedged ETF also finished below its launch price.

Thor Energy has pushed HY-Range closer to drilling after recording natural hydrogen readings of up to 3% and commissioning a 464 line-kilometre seismic survey. But the annual report also carries an explicit material uncertainty over going concern, leaving funding as the project’s immediate constraint.

Javelin Minerals is pursuing an all-scrip takeover by FirstAU after its planned Eureka production partnership with MEGA Resources was terminated over regional processing constraints. The company reported a $2.69 million FY2026 loss, $3.92 million in cash and an auditor warning that further funding is required.

Enprise Group’s revenue rose 6% in FY2026, but a sharp earnings deterioration, tight liquidity and an auditor-highlighted going concern uncertainty have left its recovery plan dependent on cost cuts and fresh funding. The NZX-listed software group is targeting a return to profitability in FY2027 after refinancing and restructuring its largest business.

International Equities Corporation Ltd (ASX:IEQ) returned to a statutory profit in FY2026, but the result was largely supported by discontinued tourism operations while continuing activities remained loss-making. An auditor’s material uncertainty warning and a new secured $1.2 million loan put liquidity at the centre of the investment case.

Jupiter Energy remained operationally cashflow positive in FY2026, but its cash position weakened sharply as revenue declined and drilling plans remained dependent on new funding. The Kazakhstan oil producer also carried US$13.87 million of interest-free promissory note debt after a post-year-end repayment.

Venari Minerals has moved Red Mountain from grassroots discovery to a 3.03Mt lithium carbonate equivalent inferred resource, backed by 99.5% battery-grade lithium carbonate test work. The next test is commercial rather than geological, with drilling, permitting and a planned Scoping Study now competing against a large loss and ongoing funding needs.

Felix Group Holdings grew FY26 revenue and contracted ARR after acquiring Nexvia, but operating losses and cash outflows widened sharply. The ASX-listed software company is now relying on a post-year-end capital raising while it narrows its strategy to Australia and New Zealand.

APA Group will invest approximately $1.015 billion for an 80% stake in a new 400MW gas peaking plant in Queensland, backed by a 25-year inflation-linked hedge with CS Energy. The Brigalow project is targeted for completion in early 2029 and expands APA’s contracted power generation portfolio.