Latest Networking News

Core Lithium has reported its longest mineralised intersection yet at the Blackbeard prospect, with diamond hole NMRD104 returning 92m at 1.25% Li2O. The result strengthens evidence of continuity near the Finniss processing plant, although assays remain pending and Blackbeard has no Mineral Resource.

MaxiPARTS has completed its $11.2 million purchase of Air Brake Systems, an acquisition expected to lift earnings per share by 17% before synergies. The deal adds a commercial vehicle braking business with $20 million in revenue and is forecast to contribute $5.5 million to group operating EBITDA by FY29, including synergies and underlying growth.

Metcash has exercised its first right to acquire Queensland’s Peries Group in a debt-funded deal valued at an estimated $80 million to $85 million. The transaction would add 15 IGA supermarkets and around $264 million in annual retail sales, subject to ACCC approval and other conditions.

Pro Medicus has signed a seven-year, A$24 million contract with Billings Clinic - Logan Health for a cloud-based deployment of its Visage 7 imaging platform. The transaction-based structure offers potential additional upside, although the announcement does not quantify future volumes or revenue timing.

Ampol's third-quarter trading strengthened as Lytton refinery margins more than doubled and Convenience Retail sales surged, but extra maintenance will reduce expected fourth-quarter higher-value product output by about 150 million litres. The Ultra Low Sulfur Fuels project has also slipped into the first quarter of 2027, while the proposed Evie Networks acquisition awaits regulatory clearance.

Pacific Edge has secured new US payer access and a Veterans Administration purchasing agreement while proposed Medicare price increases could materially lift revenue per test. The recovery remains unfinished, however, with US commercial volumes down 13% and final Medicare coverage still pending.

Helloworld Travel expects FY27 Underlying EBITDA of $78 million to $84 million, including a $14 million contribution from its Crown Currency Exchange acquisition. Forward bookings are running about 10% ahead, although first-quarter trading was broadly flat and the guidance remains partly unaudited.

Austco Healthcare is pursuing its largest acquisition to date, combining a real-time monitoring software business with an aged care nurse call specialist in a deal worth up to an estimated $19.3 million. The transactions would add debt, recurring revenue and integration risk as the company expands beyond its core Tacera platform.

Vysarn delivered another year of rapid earnings growth, with revenue rising 31% and net profit after tax climbing 41% to $15.11 million. The bigger test now is whether its $65.3 million capital raise and Welltech acquisition can turn a growing collection of water businesses into a genuinely national platform.

Shaver Shop Group Limited (ASX:SSG) delivered record FY2026 sales, gross profit and operating cash flow, but flagged a softer-than-expected start to the new financial year. Transform-U reached $18 million in sales, while supplier logistics issues and promotional timing weighed on early FY2027 trading.

Dusk Group has carried its FY26 momentum into the new financial year, with like-for-like sales up 7.2% in the first 15 weeks despite operating six fewer stores. The home-fragrance retailer is now preparing a tightly controlled South African launch while an unresolved ACCC court case remains a material complication.

Australian Finance Group used its 2026 AGM to highlight a stronger, less volume-dependent earnings base after statutory profit rose 39% in FY26. AFG Securities’ loan book has since reached $7.3 billion, while recent investments are expected to add $13 million to FY27 EBITDA under stated assumptions.