Latest Profitability News

Lefroy Exploration has secured a $2.5 million Profit Cash Advance Facility from BML Ventures, fully funding the Lucky Strike Gold Project through to profit-share distributions in early 2026 while avoiding shareholder dilution.

MC Mining’s subsidiary, Uitkomst Colliery, has launched a strategic Turnaround Plan aimed at operational restructuring and cost reduction, positioning the mine for growth amid a challenging coal market.

Pengana Capital Group has reported a solid increase in funds under management, reaching $3.64 billion as of June 30, 2025, alongside modest net performance fees and upcoming distributions.

High-Tech Metals has obtained crucial mining approvals and formed a joint venture to tap into historic gold stockpiles at its Mt Fisher Project, aiming for early cash flow and resource definition.

Ava Risk Group has suspended its dividend policy to reinvest capital into its growth strategy, signaling a shift in priorities for shareholders. The board will reassess this stance annually.

Atturra Limited reports FY25 underlying EBITDA exceeding $31 million and revenue topping $300 million, setting the stage for a strong growth outlook in FY26 driven by acquisitions and product expansion.

Activeport Group Ltd reports a robust 31% increase in SaaS revenue and a 26% rise in software licensing in Q4 FY25, driving total revenue growth and securing major telecom contracts ahead of FY26.

Scalare Partners is set to acquire Tank Stream Labs, a leading flexible workspace provider for tech companies, in a $5.5 million deal that deepens its engagement with early-stage technology startups. The acquisition, pending shareholder approval, aims to broaden Scalare’s service offerings and accelerate growth within Australia’s tech ecosystem.

Bowen Coking Coal Limited has had its ASX trading suspension lifted following its disclosure on funding efforts amid challenging market conditions. The company confirmed compliance with ASX rules, paving the way for immediate reinstatement.

Compumedics Limited has reported record sales orders and a return to profitability in FY25, setting the stage for robust growth in FY26 driven by US market traction and SaaS expansion.

City Chic Collective reports a promising FY25 with a return to profitability driven by strong ANZ sales and disciplined cost management, despite ongoing US market headwinds.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.