Latest Profitability News

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Riversgold has partnered with MEGA Resources to fully fund and operate mining at its Northern Zone Gold Project near Kalgoorlie, sharing profits equally and aiming to commence mining in early 2026.
Maxwell Dee
Maxwell Dee
30 Sept 2025
Gowing Bros. Limited posted a $3.29 million loss for FY25 but declared a fully franked 3 cent final dividend, highlighting ongoing development at Sawtell Commons and a strong sustainability agenda.
Victor Sage
Victor Sage
30 Sept 2025
29Metals has withdrawn its full-year zinc production guidance following a seismic event at the Xantho Extended orebody in Western Australia, while maintaining outlooks for copper, gold, and silver.
Maxwell Dee
Maxwell Dee
30 Sept 2025
Lefroy Exploration has received the first $1.25 million cash advance from BML Ventures, strengthening its financial position ahead of key development milestones at the Lucky Strike and Burns Central gold projects.
Maxwell Dee
Maxwell Dee
30 Sept 2025
RAM Essential Services Property Fund (REP) reports a Q1 FY26 distribution in line with guidance and reaffirms its full-year yield target while progressing its strategic transition to a healthcare-focused REIT.
Eva Park
Eva Park
29 Sept 2025
The Calmer Co. has secured $700,000 in the first tranche of a $1.4 million convertible note raise, welcoming US distributor Applied Food Sciences as a strategic investor to fuel its expanding wholesale presence.
Victor Sage
Victor Sage
29 Sept 2025
Scalare Partners has acquired Brisbane-based virtual CFO provider Planet Startup, enhancing its services for early-stage tech ventures and signaling continued growth through strategic acquisitions.
Sophie Babbage
Sophie Babbage
29 Sept 2025
Vinyl Group has finalized an equity conversion agreement with Songtradr, extinguishing nearly $2 million in liabilities and gaining full control of the Vinyl.com domain. This move strengthens the company’s balance sheet and sets the stage for its FY26 growth ambitions.
Sophie Babbage
Sophie Babbage
29 Sept 2025
Rent.com.au reports strong early success with its RentBond® loan product, doubling loan volumes in September and drawing down a second $1 million tranche from its $10 million funding facility with Eldium.
Claire Turing
Claire Turing
29 Sept 2025
Synlait Milk Limited reports a modest profit turnaround in FY25 and announces a major sale of its North Island assets to Abbott, aiming to reduce debt and sharpen its focus on core operations.
Victor Sage
Victor Sage
29 Sept 2025
Synlait has agreed to sell its North Island assets to global healthcare giant Abbott for approximately US$178 million, marking a strategic reset focused on debt reduction and operational simplification. The deal, expected to close by April 2026, positions Synlait to concentrate on its South Island operations and explore new growth avenues.
Victor Sage
Victor Sage
29 Sept 2025
Synlait Milk Limited reported an 11.7% rise in revenue to NZD 1.83 billion for the year ending July 2025, yet its net loss deepened sharply to nearly NZD 40 million, prompting a halt on dividends.
Victor Sage
Victor Sage
29 Sept 2025