Latest Payments News

Invex Therapeutics reports a significantly reduced net loss for FY25, driven by lower R&D costs after closing its Phase III trial, while advancing promising pre-clinical Alzheimer’s research through a collaboration with Tessara Therapeutics.

The Federal Court of Australia has approved Ideagen’s acquisition of Envirosuite via a scheme of arrangement, setting the stage for a $0.09 per share cash payout to shareholders.

Wrkr Limited is raising approximately A$15 million through an institutional placement to accelerate growth amid upcoming Payday Super reforms and market opportunities.

Donaco International’s acquisition scheme by On Nut Road Limited has been legally approved, triggering an imminent trading suspension and a cash payout to shareholders.

Vigorous Resources has secured over 94% of Rey Resources shares and initiated compulsory acquisition, setting the stage for Rey's imminent ASX delisting.

PointsBet’s board has unanimously recommended shareholders accept MIXI Australia’s increased $1.25 per share cash offer, now unconditional and representing a significant premium. MIXI holds 28.2% of PointsBet and may raise the offer further if it gains majority control.

AVITA Medical’s Q2 2025 update reveals a temporary setback in RECELL demand due to Medicare reimbursement delays, offset by strong revenue growth and promising clinical data. The company anticipates recovery and renewed growth in the second half of the year.

AVITA Medical reported a 21% increase in Q2 commercial revenue to $18.4 million and narrowed its net loss, yet faces a reimbursement hurdle that forced a downward revision of full-year guidance. The company highlights clinical progress and strategic board appointments as it navigates payment challenges.

Block, Inc. reported a 2% decline in net revenue for Q2 2025, driven by lower bitcoin revenue despite growth in transaction and subscription services. The company posted strong net income and continued its $4 billion share repurchase program.

Block, Inc. reported a robust second quarter with 14% year-over-year gross profit growth, driven by strong performances from Cash App and Square. The company raised its full-year guidance, highlighting strategic expansions in peer-to-peer payments, AI tools, and bitcoin integration.

Novo Resources Corp reported a reduced net loss of CAD 5.85 million for H1 2025, improving liquidity while continuing its gold exploration efforts in Australia.

QBE Insurance Group has announced a 31-cent ordinary dividend for the half-year ending June 2025, offering shareholders multiple currency payment options and participation in dividend reinvestment and bonus share plans.