Latest Restructuring News

Nufarm Limited reported a 3% revenue increase to $1.81 billion for the half-year ended March 2025, driven by Crop Protection volume growth. However, net profit after tax fell 39% amid fish oil pricing pressures and higher operating costs, prompting the board to withhold an interim dividend.

Webjet Group Limited reported a stable FY25 EBITDA of $39.4 million despite a 7% decline in bookings driven by soft domestic flight demand. Growth in international bookings and strategic investments underpin a confident outlook.

Webjet Group posted a solid FY25 financial performance with underlying EBITDA up 1% despite a 7% drop in bookings, supported by growth in international travel and disciplined cost management. The company maintains a strong cash position and sets FY26 guidance in line with current results.

Elixinol Wellness Limited reported a robust FY24 performance, achieving an 81% increase in revenue and significantly narrowing its losses. The company is now focused on scaling its direct-to-consumer channels and operational efficiencies to reach profitability in 2025.

Despite a tough 2024 NRL season for the men's team, Brisbane Broncos delivered record memberships, increased attendance, and a solid financial performance with a $5.7 million profit.

Top Shelf International Holdings has completed the sale of its Campbellfield production assets for $8 million, fully settling its ATO excise liability and advancing its financial restructuring.

Agrimin Limited progresses its strategic review of the Mackay Potash Project while supporting Tali Resources’ corporate restructuring and planned IPO, offering shareholders a priority investment opportunity.

Hearts & Minds Investments Limited is reshaping its leadership by appointing seasoned executive Richard Howes as part-time Managing Director, following operational upgrades under outgoing CEO Brett Jollie.

Askari Metals offers holders of expired AS2O options a priority issue of new options, while advancing due diligence on a promising Ethiopian gold project.

Besra Gold has appointed David Potter as Chair and Sean Williamson as Director, bolstering its board with seasoned expertise as it transitions from exploration to gold production at the Jugan Project.

Almonty Industries reports steady tungsten market conditions and completes key financing for its Sangdong Mine, while posting a $34.6 million net loss in Q1 2025. The company advances its US Domestication and plans to restart Los Santos Mine in 2026.

Field Solutions Group has executed a binding agreement to sell its TasmaNet business to Comms Group Ltd as part of its receivership process, with further asset sales underway.