Latest Quarterly Trading News

Airtasker’s Australian marketplace reached a record $57.3 million in first-quarter GMV, while paid subscribers more than doubled in three months. The company reaffirmed FY27 guidance as international growth continued, though seasonal weakness is expected in the UK and US.

Mercury NZ posted a 19% increase in first-quarter trading margin to $445 million despite hydro inflows falling to the second percentile. New wind and geothermal output helped offset weaker hydro generation, while major renewable projects moved closer to full operation.

PGG Wrightson expects FY27 Operating EBITDA of approximately NZ$70 million, up from NZ$64.3 million in FY26, after an encouraging first quarter. The forecast rests on supportive commodity prices and farmer confidence, but remains exposed to input costs, weather and a planned reassessment after the second quarter.

Seeka has raised its full-year profit before tax guidance after strong third-quarter trading, with citrus growth and New Zealand kiwifruit returns adding to margin gains. The company now expects profit before tax of $41.0 million to $45.0 million.

OFX Group has accepted a recommended all-cash takeover bid from UK-based Equals at $1.00 per share, more than doubling its share price from early February. The deal values OFX at $247 million equity and hinges on due diligence, debt financing, and shareholder approval, while the company reports steady growth in its corporate payments business and strong non-FX revenue.

Mercury NZ Limited (ASX:MCY) posted a 33% jump in Q4 trading margin to $390 million, driven by strong renewable generation and key wind farm progress.

Fenix Resources delivered record iron ore shipments and haulage volumes in the June 2026 quarter, achieving full-year FY26 production within guidance while maintaining cash costs. The company strengthened its balance sheet with a US$44 million funding facility and forged a new freight partnership to reduce shipping costs.

Income Asset Management Group (ASX:IAM) closed FY2026 Q4 with a record $2.12 billion in trade turnover and resolved key fraud and litigation matters, while its Managed Discretionary Account grew to $23 million.

AoFrio Limited has secured NZ$4.56 million through a share placement to existing investor Wairahi Investments, underpinning a bold strategy to boost revenue growth to 25% annually. A follow-up rights issue will allow current shareholders to participate at the same price.

Experience Co Limited reported a 5% increase in sales revenue to $67.2 million for 1H26, with underlying EBITDA steady at $10.5 million despite operational challenges. The company is streamlining its portfolio by selling Wild Bush Luxury and focusing on scalable adventure experiences.

MONEYME has reported a robust second quarter with a 26% increase in its loan book to $1.75 billion and a 19% rise in revenue to $60 million, underpinned by improved credit quality and strategic funding initiatives.

Endeavour Group’s first quarter results reveal a strong Hotels segment growth of 4.4%, alongside a retail sales recovery that returned to positive territory in September. Online sales surged by 20.9%, highlighting shifting consumer habits.