Latest Profit Growth News

Harmoney has delivered a robust FY25 performance, exceeding its upgraded profit guidance with strong loan book growth and improved efficiency. The fintech lender projects a remarkable 111% increase in cash NPAT for FY26, driven by its AI-powered Stellare 2.0 platform and strategic expansion plans.

Vicinity Centres has reported a robust increase in revenue and net profit for FY25, alongside a steady distribution payout to securityholders. The company’s financial health shows promising resilience amid a competitive real estate market.

Magellan Financial Group reported a solid FY25 with an 8.2% rise in assets under management and a notable surge in strategic partnership income, offsetting a dip in investment management revenue.

Magellan Financial Group reported a 5% rise in operating profit for FY25 despite a 31% drop in statutory net profit, driven by strong growth in assets under management and booming income from strategic partnerships.

Schaffer Corporation reported a 16% rise in underlying net profit for FY25, driven by strong Automotive Leather and Delta divisions, while maintaining its dividend and appointing a new CEO to steer future growth.

Pharmx Technologies has reported a 13% revenue increase to $7.5 million for FY25, driven by expanded partnerships and platform innovations, despite a dip in EBITDA due to heavy investment.

Lycopodium Limited delivered FY25 results at the top end of guidance, reporting strong revenue and profit growth alongside strategic moves to deepen its global footprint, notably through the acquisition of Argentinian engineering firm SAXUM.

MLG Oz Limited reported a robust FY2025 with significant revenue and profit growth, driven by new contracts and operational improvements. Despite strong results, the company opts to retain capital, foregoing dividends to fuel future expansion.

Service Stream Limited reported solid FY25 results highlighted by double-digit profit growth, a strengthened balance sheet, and a significant increase in contracted works, setting the stage for continued momentum in FY26.

SHAPE Australia Corporation Limited has delivered a robust FY25 performance, marked by double-digit revenue growth and a burgeoning project pipeline. The company’s strategic diversification and geographic expansion underpin a confident outlook for FY26.

Step One Clothing reported modest FY25 revenue growth amid a challenging retail environment, driven by strong UK performance and a strategic shift to balance discounting and profitability.

Hansen Technologies reported a remarkable 105.7% increase in statutory net profit for the year ended June 2025, while maintaining its dividend payout. The company also expanded its footprint with a strategic investment in Canadian AI firm Dial AI.