Latest Materials News

Aspen Group has delivered FY25 results ahead of expectations, driven by robust rental income and development profits, setting the stage for an optimistic FY26 outlook.

Papyrus Australia clarifies it has signed a binding term sheet, not a final agreement, with AQN for biodegradable boards, contingent on facility setup and product testing.

Cannindah Resources Limited has voluntarily suspended its shares from trading as it prepares to announce a significant capital raising. The suspension is set to last until the announcement or the resumption of trading on August 22.

MA Financial Group delivered a robust 1H25 with underlying earnings per share up 26%, driven by record revenue and strong growth across asset management, lending, and advisory segments. The company signals continued momentum into the second half and ambitious FY26 targets.

MA Financial Group reported a robust first half of 2025, with record underlying revenue and earnings per share growth driven by strong asset management inflows and rapid expansion in lending platforms.

Australian Vanadium Limited has aligned its $49 million government grant with its integrated vanadium project following a key merger, advancing its vertically integrated supply chain ambitions.

Tinybeans Group Ltd reported a significant reduction in losses and a 12% rise in subscription revenue for FY25, driven by a strategic pivot away from advertising. The company’s restructuring efforts have improved cash flow and positioned it for sustainable growth.

NAOS Small Cap Opportunities Company Limited has declared a strong final dividend for FY25 alongside continued share buybacks, signaling confidence in its portfolio’s earnings growth and valuation potential.

PointsBet Holdings Limited has lodged its Target’s Statement advising shareholders to reject the unsolicited all-scrip takeover offer from betr Entertainment Limited, endorsing instead the competing all-cash bid from MIXI Australia. The PointsBet Board highlights significant concerns over betr’s offer, including valuation, liquidity, and conditionality.

Baby Bunting Group confirms its FY25 financial results align with prior guidance and analyst expectations, addressing ASX queries on disclosure timing amid notable share price movements.

Kingsland Minerals has achieved a major milestone with 99.97% purified spherical graphite from its Leliyn project, positioning itself as a key supplier for EV battery materials. The company is advancing processing optimisation and preparing for a September scoping study.

IDT Australia Limited reported a strong 40.6% increase in revenue to $19.86 million for FY25, driven by growth in advanced therapies and contract disbursements. However, the company’s net loss widened to $8.06 million as it transitions from its ‘Rebuild Strategy’ to a new phase focused on sustainable profitability.