Latest Networking News

Red Sky Energy has moved its Santos-operated Innamincka program into the crucial testing phase, with Yarrow 4 and Yarrow 5 showing preliminary gas pay but no production rates yet established. A separate appraisal at Willowie 2 found no conventional pay and will be plugged and abandoned, while the company ended September with A$5.17 million in cash.

Carma delivered record Q1 FY2027 revenue of $44.3 million and gross profit of $3.5 million after retail vehicle sales more than doubled year on year. The stronger trading result came with lower total gross profit per unit and $10.2 million of operating cash outflow.

4DS Memory has completed its acquisition of Jenesys and appointed founder Jaspal Sarai as CEO, combining autonomous-systems software with its ReRAM technology. The company has A$6.6 million in quarter-end cash plus a further A$2 million placement, but has yet to secure a binding customer agreement.

AVA Risk Group has opened FY27 with A$6.7 million in quarterly bookings and a 1.2 book-to-bill ratio, while acknowledging that FY26 revenue and profitability fell short of expectations. The company is betting that sharper commercial discipline, US expansion and a broader solutions model can turn a large pipeline into more dependable growth.

Locality Planning Energy has completed its PowerHub acquisition and expanded its active service-point base to 38,776, while drawing no funds from a newly available Westpac facility. The growth comes alongside a $1.6 million quarterly operating cash outflow and an on-market buy-back funded from cash flow and reserves.

Emyria has reported record quarterly revenue of approximately $1.42 million after opening its first Sydney Empax clinic and expanding national treatment capacity. The growth comes with $2.28 million in operating cash outflows and an estimated 2.08 quarters of funding at quarter-end.

Integral Diagnostics has opened FY27 below expectations, with radiologist and sonographer shortages limiting revenue growth and pushing labour costs ahead of sales. The company expects FY27 revenue growth of 4% to 6% and a full-year operating EBITDA margin of 19.5% to 20.5%, with improvement weighted to the second half.

Saluda Medical delivered a strong operational start to FY27, with US implants up 55% and quarterly revenue rising 26% to US$23.1 million. But the medical device company ended September with US$73.6 million in cash, US$100 million of secured debt drawn and estimated funding for just 2.3 quarters at the quarter’s cash-use rate.

Mont Royal Resources has begun testing whether Ashram’s mixed rare earth carbonate can be upgraded into separated, high-purity oxides, while a US defence consortium adds strategic visibility to the Quebec project. The company ended September with A$5.03 million in cash after receiving a C$2.22 million Quebec tax credit.

BlinkLab has reported 82% sensitivity and 83% specificity from an exploratory ADHD study in 208 children, while preparing a US regulatory program for a second product. Its autism diagnostic remains on track for pivotal study completion this quarter, with A$16.2 million in cash at 30 September.

Magontec’s nine-month revenue rose 28.9% to A$59.4 million as stronger electronic anode sales and a recovery in Metals lifted gross profit to A$12.8 million. The turnaround is generating cash before working-capital movements, but Chinese demand, European automotive weakness and near-term debt maturities remain live risks.

Xamble Group’s revenue held near its record quarter in Q3 CY2026, while gross margin improved and net operating cash outflow fell to A$0.05 million. The turnaround remains incomplete: underlying business EBITDA was still negative and the quarter benefited from A$0.15 million in grant income.