Latest Networking News

MyEco Group’s headline Q1 FY27 sales fell 7.8% to A$3.4 million, but the comparison was distorted by a large Ballarat council order last year. Excluding that one-off, sales rose 23.6%, while negative operating cash flow left the company with 2.3 quarters of funding before its post-quarter capital raising.

Gratifii has put its rebuilt Connect+ Marketplace in front of Qantas, Woolworths MarketPlus and Blackhawk Network, opening distribution channels that reach millions of loyalty members. The commercial momentum came as quarterly cash receipts fell 16.5% and available funding stood at roughly 2.5 quarters.

Lynas Rare Earths has reported its strongest September quarter in years, with sales revenue reaching A$310.1 million and NdPr production hitting a record 2,082 tonnes. The company is also advancing its Meteoric Resources acquisition and other supply-chain investments, although planned Malaysian maintenance will weigh on the December quarter.

Peppermint Innovation’s Philippine payments business delivered a sharp September-quarter acceleration, with customer receipts rising to A$1.18 million and operating cash outflow falling 55%. The company says early October volumes have already exceeded September’s full-month total, while ASX reinstatement remains conditional.

PARKD’s FY26 annual report puts the company’s funding position under sharper scrutiny after a steep revenue decline, a $1.26 million loss and $367,714 in cash. Its east-coast expansion produced new facilities, partnerships and demonstrations, but the next test is converting that platform into contracted work quickly enough.

IMEXHS has moved several proprietary AI agents into live customer use while delivering stronger revenue, earnings and operating cash flow in the third quarter. But software bookings fell sharply, ARR was flat after churn, and Colombian receivables remain a material cash risk.

Ocean Sciences has committed A$100,000 to a 12-month research program testing whether Sargassum-derived alginate can recover gold, silver and potentially rare earth elements from retired data centre hardware. The project gives the seaweed company a new industrial angle, but remains firmly at the laboratory stage.

Avecho has resumed recruitment for the final cohort of its pivotal Phase III insomnia trial after an interim review supported continuing at the original 519-participant target. The biotechnology company is also pursuing international licensing while holding $5.3 million in cash.

Zimi has moved its next-generation Matter smart-home range closer to certification and production, while securing access to more than 10,000 retail outlets through Directed. But the company ended September with $344,000 in cash after burning $714,000 on operations, leaving further funding firmly in the frame.

4DMedical reported a record first quarter, with scan volumes up 61% to 119,672 and unaudited operating revenue rising 66% to $2.3 million. New contracts across the US, Germany and Australia broaden the commercial story, while $242.8 million in cash gives the company room to keep investing.

Epiminder says its $65.1 million cash balance can fund the DETECT study and next-generation Minder device into 2028, despite a higher quarterly operating outflow. The company also paid $3.5 million to major shareholder Cochlear for research and development during the quarter.

Clever Culture Systems has fully invoiced three APAS Independence sales in the first quarter of FY27 and expects customer commitments to lift first-half sales and evaluations to eight instruments. A new paid evaluation with a Top-20 pharmaceutical company could expand its base of major drugmakers to nine, although several milestones remain prospective.