Latest Profitability News

Wesfarmers outlines a bold growth and productivity agenda centred on AI integration, expanding retail footprints, and lithium project progress, underpinning strong shareholder returns and portfolio resilience.

Saferoads Holdings (ASX: SRH) has acquired Chameleon AMLS, adding a new modular trailer product line and appointing its founder Andrew Kaye to the board.

Macquarie Group Limited has fixed the Dividend Reinvestment Plan (DRP) price at AUD 233.12 per share for its final dividend payable on 2 July 2026, applying a 1.5% discount to the 10-day volume weighted average price. The final dividend is AUD 4.20 per share, fully franked at 35%.

Spenda Limited (ASX:SPX) has kicked off an $8.545 million accelerated entitlement offer at a steep discount, aiming to strengthen its balance sheet, reduce debt, and support its strategic reset towards profitability.

Whitefield Income Limited has successfully completed its pro-rata entitlement offer and shortfall offer, raising the maximum A$108 million at A$1.22 per share with demand exceeding supply.

Resonance Health is progressing its MRI Liver Fibrosis device through late-stage clinical validation, targeting FDA biomarker qualification, while maintaining a profitable SaaMD platform and forecasting $16 million revenue for FY26.

Sandon Capital Investments plans monthly fully franked dividends of 0.47 cents per share for July to September 2026, sustaining an annualised yield of 7.2%. The company’s robust profit reserves and franking credits provide a strong buffer for dividend payments.

Microba Life Sciences has voluntarily suspended trading of its shares from 5 June 2026, ahead of a material capital raise and an update on its path to break even, expected by 11 June.

Euroz Hartleys confirms exclusive talks with BMO Financial Group over a potential $145 million sale of its Capital Markets business, retaining its Private Wealth division and pursuing standalone growth.

Cedar Woods Properties has secured over 740 new townhouse and apartment lots across Victoria and Queensland, boosting its medium-term development pipeline while maintaining a strong sales and earnings outlook.

Ryman Healthcare nearly doubles operating profitability and generates positive free cash flow for the first time in over a decade, while shifting strategy toward sustainable growth and targeting dividend returns by FY28.

Westpac Banking Corporation has updated details for its six-month interim dividend, confirming a fully franked 77 cents per share payable in June, alongside a Dividend Reinvestment Plan participation rate of 13.9%.