Latest Profitability News

Vertex Minerals has commenced underground ore production at its Reward Gold Mine in New South Wales, processing high-grade ore through a gravity-only plant with strong recoveries. The company also advanced its A$11 million capital raising, positioning itself for steady growth into 2026.

APC Minerals reported encouraging gold intersections from its Laverton Downs drilling program while navigating a tight cash position and ongoing asset acquisition efforts.

Pure Foods Tasmania reported a $1 million operating cash outflow in the September quarter due to restructuring and timing factors but anticipates positive cash flow and growth driven by new Coles product launches and operational efficiencies.

RooLife Group (ASX, RLG) reported a strategic pivot in Q1 FY2026, landing major supply contracts worth $174 million and raising $2 million to fuel its own-brand product expansion.

High-Tech Metals has made significant strides in advancing its Mt Fisher and Mt Eureka gold projects, completing drilling and securing key approvals to fast-track production. Strategic joint ventures and a strengthened leadership team position the company for near-term growth.

Oldfields Holdings navigated a challenging first quarter of FY2026 with tight cash flow and subdued sales but made strategic moves to streamline operations and bolster scaffold order backlogs for growth.

The Agency Group Australia has kicked off FY26 with a robust 26% year-on-year growth in Gross Commission Income and $2.3 billion in property sales, defying tight housing supply. The company is on track to surpass its $140.5 million GCI run-rate target, fueled by strong agent recruitment and expanding property management.

Aguia Resources advances its phosphate operations in Brazil with new funding and plant upgrades, while a management overhaul in Colombia reveals a significant gold discovery at Santa Barbara.

Bridge SaaS Limited reported a robust September quarter, buoyed by its majority-owned Brightside subsidiary's profitability and participant growth, while preparing to launch new NDIS services in New South Wales.

RMA Global Limited kicked off FY26 with a robust 21% increase in recurring revenue, driven by the rollout of Curated Social and a strategic pivot to target US brokerages exclusively. The company’s new Social Studio platform is gaining traction across the US, Australia, and New Zealand.

Vection Technologies reports a 60% surge in operating cash flow in Q1 FY26, driven by a landmark $22.3 million Defence framework agreement and a strategic $21 million capital raise. The company is poised for sustainable profitability with a record $75 million contract pipeline through 2028.

Australia United Mining reported no new activity at its NSW Sofala joint venture but revealed promising high-grade gold assays in Queensland’s Queenslander workings, alongside disappointing results at Goldsmith North. The company faces tight cash reserves but has secured related-party loan facilities to support ongoing operations.