Latest Investments News

Turners Automotive Group has delivered a record FY25 profit and dividend, showcasing resilience amid economic challenges and positioning itself to exceed FY28 profit goals ahead of schedule.

EROAD Limited reported solid financial results for FY25, with revenue up 6.8% to NZ$194.4 million and a substantial improvement in free cash flow to NZ$16 million. The company’s strategic focus on enterprise fleet growth and innovation underpins a confident FY26 guidance.

Osteopore Limited has drawn down an additional A$500,000 from the first tranche of its redeemable convertible notes, bringing total subscriptions close to the A$5 million tranche limit. The funds will support ongoing operations and future growth initiatives.

Chorus Limited has lodged a replacement Product Disclosure Statement for its $170 million Capital Notes offer, confirming S&P’s equity content treatment and updating key offer dates and terms.

Reef Casino Trust reported stable 2024 financial results with steady distributions, while confidential takeover proposals from two groups are under board review. Operational challenges include rising regulatory costs and inflationary pressures.

Reef Casino Trust projects a drop in first-half distributable profit for 2025, citing stable revenues but increased regulatory and transaction-related expenses.

3P Learning forecasts steady revenue for FY25 but anticipates a significant 20% uplift in underlying EBITDA and a stronger net cash position, driven by strategic product expansions.

Volt Resources Limited has had its trading suspension lifted following a key announcement about its mineral exploration tenements in Guinea, signaling renewed investor interest.

Sietel Limited’s half-year results to March 2025 reveal an 11% revenue drop and a near 50% plunge in net profit, reflecting tough market conditions in property leasing and startup investments.

360 Capital Mortgage REIT (TCF) has announced a Unit Purchase Plan offering eligible unitholders the chance to buy new units at net asset value, aiming to raise up to $11.1 million to fund commercial real estate loans with a forecast 10.4% yield.

Empire Energy Group Limited has opened a Share Purchase Plan (SPP) offering eligible shareholders the chance to invest up to $30,000 at $0.16 per share, matching a recent institutional placement price. The SPP includes free attaching options, subject to shareholder approval, to support key development projects in the Beetaloo Basin.

Solvar Limited has taken a strategic step by acquiring a 19.9% stake in Earlypay Limited, aiming to broaden its footprint in the SME finance sector. This move aligns with Solvar’s focus on underserved commercial markets.