Latest Profit Turnaround News

QuickFee Limited reports a robust 25% revenue increase in FY25 alongside a return to profitability, setting a confident earnings guidance for FY26 backed by its expanding Connect platform.

Superloop Limited reported a strong FY25 with revenue up 31.2% to $546.5 million and a return to profitability, driven by organic growth and the successful migration of Origin Energy broadband customers. The company also expanded its fibre network through the acquisition of Uecomm Pty Ltd and updated executive remuneration to reflect its robust performance.

Teaminvest Private Group Limited has reversed last year’s losses to report a $2.33 million profit for FY2025, even as revenue slipped 5%. The company also maintained steady dividends and grew net tangible assets per share.

The GPT Group has reported a remarkable turnaround in its half-year results, with revenues soaring over 1000% and net profit swinging from a loss to a substantial gain, prompting a solid distribution declaration.

Articore Group reported an 11% decline in FY25 revenue to $438.6 million, with net losses widening to $11.3 million despite margin improvements from operational restructuring. The company aims for a profitable turnaround in FY26 under new leadership.

Charter Hall Long WALE REIT reports a $118.3 million statutory profit for FY25, reversing last year's heavy loss, while maintaining stable distributions and actively managing debt facilities.

Openn Negotiation Ltd has reported a remarkable financial turnaround in its half-year results to December 2024, shifting from a significant loss to a modest profit while divesting key subsidiaries.

Parkway Corporate Limited reported a strong quarter with $4.22 million in revenue and $0.47 million EBITDA, driven by a major wastewater contract and progress in its innovative Queensland Brine Solutions technology.

My Foodie Box Ltd reported a $1.39 million profit for FY24 following the sale of its meal kit business to MFB (WA) Pty Ltd, receiving a 40% stake and vendor financing arrangements. The company now seeks new assets to restore shareholder value amid ongoing financial uncertainties.

Clime Investment Management has reported a solid operating profit for the June quarter, declared a fully franked dividend, and announced strategic expansions in staff and product offerings.

Bubs Australia Limited reports a strong FY25 with 29% revenue growth to $102.5 million, positive EBITDA turnaround, and sustained cash flow improvements. The company also advances its US market ambitions with a key FDA submission underway.

Jcurve Solutions reported a robust second half in FY25, reversing earlier losses with a 41% revenue jump and positive EBITDA, setting the stage for renewed growth ambitions.