Latest Operating Expenses News

Burger Fuel Group posted a 92% surge in net profit to NZ$1.97 million for FY26, driven by steady system sales growth, a one-off store sale gain, and reduced legal expenses, while geopolitical instability in the Middle East weighs on international sales.

Euro Manganese has filed comprehensive NI 43-101 and JORC reports for its Chvaletice Manganese Project, confirming robust economics with a base case post-tax NPV of US$492 million and an upside scenario pushing NPV to US$798 million, driven by higher manganese prices.

Metals Australia’s prefeasibility study for its Lac Carheil Graphite Project in Quebec reveals a strong economic foundation with a pre-tax NPV of AUD 790.8 million and a 22% IRR, underpinning its potential as a significant future graphite supplier.

Autosports Group reports a 22% jump in order write driven by battery electric vehicles, with FY26 profit forecast raised to $51-54 million.

Booster Investment Scheme 2's Private Land and Property Fund swung back to profit with NZD 1.3 million after tax for the year ended March 2026, despite net asset value slipping due to unit redemptions. The Fund’s investment portfolio remains concentrated in unlisted New Zealand agricultural and property assets, while its Manager faces unrelated FMA proceedings.

New Talisman Gold Mines commissioned its processing plant and secured commercial offtakes while reporting a $2.26 million net loss in FY26. The company is refocusing on geological modelling and targeted drilling to boost resource confidence and production.

Third Age Health Services Limited lifted revenue by 18% to NZD 22.49 million in FY26, driven by acquisitions and aged care growth, while net profit after tax rose 25% to NZD 3.09 million.

Prospect Resources has reported robust metallurgical testwork results from the Kabikupa deposit within its Mumbezhi Copper Project, achieving copper concentrate grades exceeding 25% with recoveries above 94%. These findings bolster the project's processing strategy and underpin upcoming scoping studies.

RTO Limited reported a net loss of NZD 173,831 for the year ended 31 March 2026, remaining inactive while actively seeking a reverse takeover target. The company faces going concern uncertainty but secured shareholder support with a $200k loan agreement post-year-end.

Spenda Limited has accelerated its strategic turnaround by slashing operating costs by about $400,000 per month and locking in new retail contracts, while eyeing divestments and emerging tech opportunities.

Kip McGrath Education Centres has revised down its FY26 guidance following weaker-than-expected second-half revenue and earnings, driven by falling lesson numbers and a strong Australian dollar.

Tungsten Mining NL's Watershed Preliminary Economic Evaluation reveals a robust project with a pre-tax NPV of A$1.3 billion and a swift payback, aiming for first production by 2027 amid tightening global tungsten supply.