Latest Profitability News

CVC Limited announces the planned resignation of CEO Mark Avery by July 2026, triggering a leadership reshuffle with Executive Chair Craig Treasure set to become Managing Director and Andrew Ashwood stepping in as CEO.

AoFrio Limited has secured NZ$4.56 million through a share placement to existing investor Wairahi Investments, underpinning a bold strategy to boost revenue growth to 25% annually. A follow-up rights issue will allow current shareholders to participate at the same price.

Brisbane Broncos capped a landmark 2025 season with both NRL and NRLW premiership victories, driving a 20.5% revenue surge and a 36% profit increase. The club rewarded shareholders with increased dividends amid record crowds and expanded community programs.

Argo Global Listed Infrastructure Limited offers eligible shareholders a chance to buy up to $30,000 in discounted shares via its first Share Purchase Plan since 2022, aiming to fund further global infrastructure investments.

Babylon Pump & Power has called off its planned acquisition of a water pumping and storage business after failing to agree on terms. The ASX-listed company now aims to refresh working capital through a capital raise and lift its trading suspension.

Rumble Resources has locked in a toll milling and blending agreement with Gylden Resources and Kirkalocka Gold to process 100% of Western Queen gold ore at Kirkalocka’s plant, enabling faster cash flow and reduced capital expenditure.

Yowie Group has increased its secured working capital loan facility with Keybridge Capital from A$2.5 million to A$3.5 million, maintaining the maturity date at 31 August 2026. This latest amendment reflects ongoing efforts to shore up liquidity amid operational challenges.

TechnologyOne has delivered a record half-year profit and annual recurring revenue, driven by its AI-powered SaaS+ platform and strong sector wins, while reaffirming its FY26 growth guidance.

Whitefield Income Limited is tapping shareholders for up to A$108 million through a discounted entitlement offer, reinforcing its commitment to steady dividend income amid solid financial performance.

Contact Energy's April 2026 report shows rising electricity and gas sales, improved margins, and lower generation costs, supported by strong hydro storage and ongoing renewable projects.

Whitefield Industrials reported a 5.6% drop in net profit to $21.1 million for FY2026 but maintained its fully franked dividend at 10.5 cents per share, while its portfolio outperformed the ASX200 Industrials benchmark over one and three years.

Service Stream has locked in $455 million worth of new contracts, including a $405 million nine-year deal with Yarra Valley Water and $50 million in power station outage works in Queensland, boosting its infrastructure services footprint.