Latest Networking News

Proteomics International will take Promarker D and Promarker Eso nationwide through Healius from 26 October, extending its first commercial release beyond Western Australia and the Northern Territory. The tests will initially be offered privately at $495 and $997, while revenue remains too uncertain to forecast.

Lovisa delivered another year of strong reported growth, with revenue rising 17.6% to A$938.8 million as its store network passed 1,100 locations. But comparable store sales grew just 2.0%, leaving management’s expansion engine carrying more of the load while executive incentive hurdles went unmet.

IKE has lowered its previously indicated FY27 subscription revenue growth expectation of about 35%, citing contract timing rather than weaker demand or churn. The NZX and ASX-listed software company still expects its subscription exit run rate to grow by more than 30% by March 2027, while three new products remain on track for launch.

Racura Oncology says both Phase 1 RC220 programs have cleared their opening dose cohorts without dose-limiting toxicities, while its Korean expansion broadens the CPACS trial. The company ended September with $30.7 million in cash, which management says funds committed activities into mid-2028.

Bapcor says its operational reset is beginning to show through, with first-quarter Trade sales up 2.5%, margins improving and net debt falling to $116 million. The recovery remains early, however, with Retail still under pressure and FY27 earnings weighted heavily to the second half.

American Uranium’s Mine Unit 1 pump test sustained 19.2 gallons per minute for 48 hours, producing results the company says support an in-situ recovery development pathway at Lo Herma. The data now feed into a planned Scoping Study, although further testing and permitting work remain.

Fenix Resources has moved into the next phase of its growth plan, commencing Beebyn Hub mining and commissioning a 5Mtpa processing plant after a quarter of heavy investment. Shipments fell and cash declined to A$43.2 million, but the company maintained FY27 guidance and secured more than five years of mine life at current production rates.

APA Group has committed a further $700 million to the Bulloo Interlink Pipeline after securing a five-year, take-or-pay agreement with Origin Energy. The 800 TJ/day project is aimed at easing projected north-to-south gas constraints, with construction targeted for early 2027 and operations for winter 2029.

Nick Scali expects first-half FY27 underlying net profit of $28 million to $32 million after a sharp slowdown in Australia and New Zealand. The UK business is growing strongly, but ANZ revenue is forecast to fall 11% to 14% and the company has booked almost $1 million in cyber incident costs.

GenusPlus has delivered a sharp rise in FY2026 revenue, profit and operating cash flow, while completing its largest strategic acquisition to date. The $325 million MPC Kinetic transaction broadens the company beyond electricity infrastructure just as its order book reaches $2.2 billion.

Felix Group has completed its shareholder purchase plan, raising A$0.1 million at A$0.038 a share and issuing 2.82 million new shares. The broader equity raising could reach A$5.65 million, but its final size still depends on shareholder approval of the institutional placement’s second tranche.

SenSen Networks has opened FY27 with record quarterly customer cash receipts of A$5.3 million, 17% annualised recurring revenue growth and positive operating cash flow. The ASX-listed AI enforcement software company also secured A$2.6 million in new and expansion contracts, although converting those wins into recurring revenue remains the next test.