Latest Profitability News

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Verbrec Limited is streamlining its business by selling its Competency Training division for $11.5 million and acquiring Alliance Automation for $5.5 million, significantly boosting its digital and automation capabilities.
Victor Sage
Victor Sage
5 Nov 2025
Santana Minerals has been granted a crucial 25-year mining permit for its Bendigo-Ophir Gold Project in New Zealand, paving the way for construction and gold production pending environmental approvals.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Stakk Limited has reported a record-breaking $575,000 in revenue for October 2025, marking a staggering 146% increase from the previous month and nearly 9,500% growth year-over-year.
Sophie Babbage
Sophie Babbage
5 Nov 2025
ARC Funds Limited has strategically acquired $2.15 million face value of convertible notes in ausbiz TV at just 20% of their value, issuing 4.47 million new shares as consideration. This move aligns with ARC’s growth strategy to diversify income streams and deepen its investment platform.
Claire Turing
Claire Turing
5 Nov 2025
Hansen Technologies has agreed to acquire UK-based Digitalk for approximately A$66.4 million, aiming to boost its recurring revenue and global communications footprint. The deal is expected to be immediately accretive to earnings and completed by year-end 2025.
Sophie Babbage
Sophie Babbage
5 Nov 2025
Austin Engineering has lowered its FY26 revenue and EBIT forecasts due to challenges in key contracts and operational inefficiencies, while outlining strategic measures to restore profitability.
Victor Sage
Victor Sage
5 Nov 2025
Tyro Payments has appointed Nigel Lee as its new CEO, bringing over 25 years of global fintech and payments expertise to lead the company from January 2026. The leadership change signals a strategic push for growth and innovation in Australia’s competitive payments landscape.
Claire Turing
Claire Turing
5 Nov 2025
Somerset Minerals has reported robust assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation at Jura North with promising depth potential. The latest drilling reinforces the project's scale and resource upside.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Medibank is set to acquire Better Medical, a network of 61 GP clinics across four states, for approximately $159 million, enhancing its primary care footprint and preventive health initiatives.
Ada Torres
Ada Torres
5 Nov 2025
DroneShield has triggered the vesting of 44.5 million performance options after surpassing $200 million in cash receipts, setting ambitious new revenue hurdles up to $500 million to drive future growth and shareholder alignment.
Sophie Babbage
Sophie Babbage
4 Nov 2025
Forrestania Resources has completed its acquisition of North Iron Cap Pty Ltd, adding a JORC-compliant gold resource of over 100,000 ounces to its portfolio. The move strengthens its position in Western Australia’s prolific gold mining regions.
Maxwell Dee
Maxwell Dee
4 Nov 2025