Latest It Distribution News

Acrux Limited has reported a 109% increase in revenue and a return to profitability for the half-year ended 31 December 2025, driven by full commercialisation of four topical generic products and strategic portfolio adjustments.

McPherson’s Limited reported a 6.7% revenue decline to $66 million in 1H26, yet underlying EBITDA grew 10.6% to $2.2 million, reflecting cost savings from a new operating model. Core brands Manicare and Swisspers showed resilience, while Dr LeWinn’s and Fusion Health faced setbacks, including a $1.9 million impairment on Fusion Health.

Metal Powder Works has landed a purchase order under the UK Ministry of Defence’s Project TAMPA, marking its entry into a strategic NATO defence additive manufacturing supply chain.

WAM Global Limited has announced a fully franked dividend of AUD 0.066 per share for the half-year ending December 2025, offering shareholders a dividend reinvestment plan with no discount.

Centuria Capital Group reported steady revenue for the half-year ending December 2025, while profit after tax attributable to securityholders soared by 238%. The group declared interim dividends reflecting confidence in its financial position.

Dateline Resources has integrated geophysical and geochemical data to confirm a mantle-derived rare earth element system at its Colosseum Gold-REE Project in California, prompting a 12-hole diamond drilling campaign to test high-priority targets.

Saunders International reported a half-year loss for H1 FY2026 despite a 13.7% revenue increase driven by its acquisition of Aqua Metro. The company’s project pipeline expanded to a record $4.9 billion, signalling growth potential amid operational challenges.

IVE Group Limited reported a solid first half for 2026 with margin expansion, strategic acquisitions, and strong momentum in its e-commerce platform Lasoo. Despite a revenue dip, the company’s underlying profitability and operational investments signal confidence in its ‘Now to 2030’ growth strategy.

Proteomics International Laboratories reported a $6.07 million loss for H1 FY26, driven by key commercial launches and a US reimbursement milestone that set the stage for growth.

Growthpoint Properties Australia has reversed last year’s loss with a $62.6 million statutory profit for 1H26, underpinned by stronger leasing and stable portfolio values. The company also upgraded its full-year funds from operations guidance while maintaining a solid sustainability track record.

Paragon Care has appointed Carmen Riley as Managing Director alongside her CEO role, marking a key milestone in its planned leadership succession. This move signals confidence in her leadership as the company advances its growth and integration strategies.

ARN Media Limited reported a 10% revenue decline in FY25 alongside a strategic reset focusing on digital transformation and cost savings. Leadership changes and improved cash flow underpin the company’s pivot to a digitally driven entertainment model.