Latest Profitability News

Biome Australia Limited has expanded its distribution footprint to over 6,000 health retail and practitioner locations, marking a 20% increase in six months and advancing toward its Vision 27 target of 8,000 sites by FY27.

Regional Express Holdings has assigned a $50 million portion of its debt to the Commonwealth of Australia, making the government the largest secured creditor as the airline navigates voluntary administration.

Vonex Limited reports solid operational improvements and customer satisfaction in Q2 FY25, while endorsing Maxo Telecommunications’ takeover offer and planning a $13 million capital raise to manage debt.

KKR Credit Income Fund has announced an estimated monthly distribution of AUD 0.0167 per ordinary unit, primarily as a return of capital, with payment scheduled for mid-February.

Talius Group reports a robust December quarter with $4.4 million revenue, positive operating cash flow, and a strategic $2.5 million capital raise, positioning the company for strong growth in 2025 amid evolving aged care legislation.

Parkway Corporate Limited reports a robust December quarter with a 420% revenue increase and key milestones in brine processing technology, positioning itself as a pivotal player in Queensland's CSG industry.

Powerhouse Ventures Limited reports a robust quarterly performance with a notable uplift in net tangible assets to 10.4 cents per share, driven by strategic acquisitions and active investment management.

The Calmer Co. International Limited has reported a remarkable surge in sales and cash receipts for the first half of FY25, exceeding the entire FY24 sales. Alongside a strategic CEO transition and factory upgrade, the company is sharpening its focus on profitable growth and cost control.

Praemium Limited reports a solid Q2 FY25 performance, with Funds Under Administration rising 4% to $30.2 billion and net inflows surging to $371 million, driven by strong momentum in its SMA and Powerwrap platforms.

Fenix Resources delivered a transformational December quarter, setting the stage to triple its iron ore production in 2025, backed by record shipments and a 177% increase in mineral resources at Iron Ridge.

Netwealth Group Limited has reported a record $4.5 billion in net inflows for the December 2024 quarter, marking a 69.8% increase year-on-year and driving its funds under administration past $100 billion.

Alcoa Corporation reported robust fourth quarter and full year 2024 results, driven by higher alumina and aluminum prices, operational gains, and key strategic initiatives including the Alumina Limited acquisition.