Latest Profitability News

Australian Wealth Advisors Group Ltd (AWAG) has acquired a 20% stake in First Mutual Australia, marking a key step toward doubling its authorised representatives by mid-2026. This earnings accretive move underpins AWAG’s strategy to build a boutique ‘house of brands’ in financial advisory.

DigitalX Limited is ramping up its Bitcoin accumulation efforts by expanding trading activities and launching new Bitcoin-related products, aiming to reach 2,100 BTC by 2027.

Epsilon Healthcare Limited reported a $3.25 million loss for 2024, reflecting the financial strain of voluntary administration and efforts to rebuild operations and client confidence.

Web Travel Group has reported a robust first half for FY26 with bookings and transaction values significantly up, setting the stage for a record EBITDA year despite slight margin pressures.

Summerset Group has achieved its highest-ever quarterly sales of occupation rights, driven by strong demand for care-related living options and steady growth beyond major cities.

Delorean Corporation has clarified the timing and rationale behind its delayed disclosure of a $3.3 million profit reduction linked to grid connection delays on its Yarra Valley Water project.

Sheffield Resources has reported a record quarter at its Thunderbird Mineral Sands Mine, with significant increases in ore mined and concentrate production, signaling a strong operational turnaround.

Lithium Universe and Macquarie University have unveiled a breakthrough electrode design that dramatically improves silver recovery from end-of-life solar panels, promising higher efficiency and sustainability in recycling.

Equity Story Group has raised $650,000 through a strategic convertible loan led by new Non-Executive Chair Alex Brinkmeyer, signaling a pivot into property funds management. The company also announced significant board changes, including the appointment of David Nolan as Managing Director.

Hydralyte USA reports an 11% sales increase in Q3 2025, driven by strong summer demand and the launch of its innovative Hydralyte Plus Brain Support product featuring nootropics.

QuickFee Limited has completed the sale of its US Pay Now business, announced a 7.5 cent per share capital return, appointed founder Bruce Coombes as CEO, and updated its FY26 earnings guidance.

The Calmer Co (ASX – CCO) reported an impressive $8 million revenue for FY25, marking 86% year-over-year growth and positioning itself as a global leader in the emerging kava market. With expanding retail presence and strong US sales, the company is on track to break even in 2026.