Latest Media News

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AI-Media Technologies marked FY25 as a pivotal year, transitioning to a technology-led business with 63% of revenue from tech products and launching LEXI Voice. The company expanded its global footprint to 36 countries and set ambitious targets for FY29.
Sophie Babbage
Sophie Babbage
28 Aug 2025
AI-Media Technologies has accelerated its transformation into a technology-led business, reporting a 19% increase in technology revenue and launching its AI-powered LEXI Voice product in FY25.
Sophie Babbage
Sophie Babbage
28 Aug 2025
Ai-Media Technologies reported a 2.1% revenue decline to $64.86 million in FY25, driven by a strategic shift to technology sales and a 25% drop in services revenue. Despite a higher net loss, underlying EBITDA rose 11%, reflecting progress in its SaaS transformation and global expansion.
Sophie Babbage
Sophie Babbage
28 Aug 2025
Wesfarmers delivered a solid FY25 with revenue rising 3.4% to $45.7 billion and net profit after tax up 14.4%, driven by strong performances in Bunnings and Kmart. The company announced increased dividends and a proposed capital return, while navigating challenges in its lithium business and ongoing cost pressures.
Victor Sage
Victor Sage
28 Aug 2025
Wesfarmers Limited reported a 14.4% rise in net profit for FY2025, driven by strong retail performances and strategic portfolio moves. The company also announced a fully-franked final dividend and a significant capital management distribution, signaling confidence amid economic headwinds.
Logan Eniac
Logan Eniac
28 Aug 2025
Wesfarmers Limited reported a robust 2025 financial year with a 14.4% increase in net profit after tax to $2.926 billion and declared fully franked dividends of $2.06 per share. The conglomerate also unveiled a proposed $1.50 per share capital management distribution, pending shareholder approval.
Victor Sage
Victor Sage
28 Aug 2025
Platinum Asset Management reported a sharp 86% drop in profit for FY25, driven by a 39% decline in funds under management amid sustained outflows and investment challenges. The company announced a transformative merger with L1 Capital, aiming to create a $16.5 billion asset manager.
Claire Turing
Claire Turing
27 Aug 2025
Pengana International Equities has acknowledged breaching ASX disclosure rules by sharing details of a new private credit strategy with media before official announcement, prompting a policy overhaul.
Claire Turing
Claire Turing
27 Aug 2025
The Star Entertainment Group updates investors on ongoing negotiations with lenders over financial covenant waivers and signals imminent release of unaudited accounts for June 2025.
Victor Sage
Victor Sage
27 Aug 2025
Tabcorp Holdings Limited reported a robust FY25 with revenue climbing 11.8% and EBIT nearly doubling, driven by Victorian wagering licence reforms and disciplined cost management. The company’s strategic evolution and operational execution set the stage for modest growth in FY26.
Victor Sage
Victor Sage
27 Aug 2025
Tabcorp Holdings delivered a robust FY25 performance, with revenue and earnings surging thanks to a new Victorian wagering licence and disciplined cost management. The company’s strategic shift towards omnichannel offerings underpins its optimistic outlook for FY26.
Victor Sage
Victor Sage
27 Aug 2025
Tabcorp Holdings Limited has reported a significant financial turnaround for FY25, driven by the new Victorian Wagering and Betting Licence and strategic operational improvements. The company posted $2.6 billion in revenue and a net profit after tax of $36.6 million, reversing last year's substantial loss.
Victor Sage
Victor Sage
27 Aug 2025