Latest Profitability News

Rio Tinto reported robust half-year results with $11.5 billion underlying EBITDA, advancing key projects and completing a major lithium acquisition amid challenging market conditions.

Locality Planning Energy Holdings has appointed Craig Chambers as Chairman and reported a cashflow positive year, reaffirming a net profit guidance of $3.0 to $3.5 million for FY25.

Citigold Corporation Limited reports steady progress in exploration and mine design at its Charters Towers Gold Project, while actively pursuing funding partnerships to restart operations.

Jatcorp Limited reported a robust 76% revenue increase in Q4 FY25, driven by strong Moroka® sales and expanded manufacturing capabilities, setting ambitious growth targets for FY26.

Beonic Limited reported a landmark $15.2 million contract win in North Africa alongside strong Q4 FY25 EBITDA profitability and positive cash flow, signaling robust operational momentum heading into FY26.

Garda Property Group reported a 4.3% rise in revenue and a significant reduction in losses for FY25, alongside a modest decline in net tangible assets per security. Investors welcomed the return of dividends after a year without payouts.

SSH Group has bolstered its financial position with a $42.2 million capital raise, completed the acquisition of Total Contract Mining, and secured a new profit share agreement with High Tech Metals.

Green360 Technologies has made significant strides in low-carbon cement development through a joint venture with PERMAcast and reported strong financial growth at its Pittong kaolin operations. The company is progressing towards commercial-scale production of sustainable building materials while expanding into new markets.

Acrux Limited reports promising revenue growth driven by new topical generic launches in the US and secures crucial RDTI funding, marking a strategic shift under new CEO John Warmbrunn.

Locate Technologies reported a 5% revenue increase for FY25, driven by strong growth in its Locate2u platform, while Zoom2u faced revenue headwinds. The company also expanded its Bitcoin holdings and raised $2.5 million in capital.

Appen Limited reported a mixed Q2 FY25 with a 6% revenue decline year-over-year, driven by a strong 77% surge in its China business that achieved profitability, while US market challenges persist. The company targets $10 million in cost savings to fuel future growth.

VanEck Global Defence ETF, launched in September 2024, has reported a solid AUD 2.8 million profit in its first interim financial results ending January 2025, marking a promising start for the defence-focused fund.