Latest Legal Risks News

Cleanaway Waste Management reported a 3.7% revenue increase to $1.94 billion for the half-year ending December 2024, while profit after tax remained flat at $74.2 million amid operational challenges including a significant fire at its St Marys facility.

The a2 Milk Company Limited has reported solid revenue and profit growth for the half-year ending December 2024, alongside a confident dividend declaration reflecting its strengthened financial position.

Origin Energy reported a robust half-year result for December 2024, with revenue up 10% and profit rising 2%, while accelerating investments in battery storage and renewables.

Insurance Australia Group Limited (IAG) reported a 91.2% surge in net profit to $778 million for the half year ended December 2024, driven by robust insurance margins and higher investment income. The company also declared a 12-cent interim dividend, signaling confidence in its financial outlook.

Bryah Resources has successfully completed the first tranche of its capital raising, securing $370,542 to fund copper exploration and working capital. The company now looks ahead to shareholder approval for the next phase of its placement.

JB Hi-Fi Limited reported a robust half-year performance for the period ending December 31, 2024, with revenue up 9.9% and net profit rising 8.1%, underpinned by strong segment contributions and a strategic acquisition. The company declared a healthy interim dividend of 170 cents per share, signalling confidence in its financial position.

Oakridge International Limited reports a strong quarterly performance driven by increased contracted orders, strategic partnerships, and technological innovation, positioning the company for sustained growth into 2025.

Atrum Coal Limited reported a $1.25 million net cash outflow for the December 2024 quarter, driven by exploration and litigation expenses, while successfully raising $5.8 million through an equity entitlement issue.

Yari Minerals and Impact Silver have mutually agreed to settle their arbitration claims, ending a legal dispute without admission of liability and with each party bearing its own costs.

Atrum Coal announces the lifting of suspensions on its Alberta coal mining approvals following a new Ministerial Order, while its legal challenge over previous restrictions advances to trial.

Next Science reported a 2.9% revenue increase to US$22.8 million in FY24, driven by an 85% surge in XPERIENCE™ sales, while achieving adjusted EBITDA and cashflow positivity in 4Q FY24 amid strategic cost restructuring.