Latest Payments News

VGI Partners Global Investments Limited reported a $17.6 million net loss for FY25 but maintained its dividend policy and executed a $73 million share buy-back, signaling confidence amid market challenges.

Beam Communications finalizes the independent valuation of its Zoleo Inc. joint venture stake at US$13.7 million and confirms plans to return capital to shareholders.

Magellan Financial Group has announced a fully franked total dividend of AUD 0.469 per share, combining a final dividend, a performance fee dividend, and a special dividend for the six months ending June 2025.

Vicinity Centres confirms its distribution reinvestment plan will apply to the FY25 final distribution with a 1% discount on new securities, inviting investors to reinvest dividends under favourable terms.

Ovanti Limited has secured a strategic three-year partnership with Shift4 Payments to launch its innovative Buy Now Pay Later services across over 100,000 US merchants, leveraging AI-driven credit models and stablecoin-backed funding.

Schaffer Corporation Limited reported a 1.5% increase in revenue to $229.7 million for FY2025, despite a 10.3% decline in net profit to $24.3 million. The company declared a fully franked final dividend of 45 cents per share, maintaining total dividends at 90 cents for the year.

Novomatic AG has launched an unconditional A$1.00 per share cash takeover offer for all remaining shares in Ainsworth Game Technology Limited, representing a 35% premium to pre-announcement prices. The offer runs alongside a previously announced scheme and comes with unanimous support from Ainsworth's Independent Board Committee.

Pharmx Technologies reported a 13% increase in FY25 revenues to $7.53 million, driven by strong growth across its Gateway and Marketplace platforms. The company maintained positive EBITDA and a solid cash position despite legal expenses, setting the stage for an ambitious FY26 growth strategy.

The Lottery Corporation Limited has announced a fully franked ordinary dividend of AUD 0.085 per share for the first half of FY2025, accompanied by a Dividend Reinvestment Plan available to Australian and New Zealand shareholders.

Pharmx Technologies Limited reported a 13% increase in revenue for FY25, driven by expanded supplier-pharmacy connections and Marketplace platform growth, while profit before tax declined due to significant investments in new technology platforms.

Vicinity Centres has announced an ordinary unfranked dividend of AUD 0.0605 per security for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 1% discount.

Opthea Limited has terminated its sozinibercept wet AMD program following Phase 3 trial failures and settled a major funding agreement, setting the stage for a strategic reset.