Latest Revenue Recognition News

Lark Distilling Co. Ltd reported a 3% revenue increase to $17.17 million for FY25, driven by whisky sales growth and a major brand restage, while losses widened significantly due to increased marketing spend and operational investments.

IPH Limited reported a 13.2% rise in net profit after tax to $68.8 million for FY25, driven by strategic acquisitions in Canada and organic growth across Asia-Pacific. Revenue surged 16.5% to $710.3 million despite inflationary pressures and operational challenges.

Schaffer Corporation Limited reported a 1.5% increase in revenue to $229.7 million for FY2025, despite a 10.3% decline in net profit to $24.3 million. The company declared a fully franked final dividend of 45 cents per share, maintaining total dividends at 90 cents for the year.

McPherson’s Limited has finalized a key pharmacy wholesaler agreement with API Services Australia, marking the completion of its new distribution model and transitioning significant revenue previously handled direct-to-store.

Pro Medicus Limited reports a record-breaking year with $520 million in new contracts and a surge in cloud adoption, setting the stage for continued growth. The company also advances its AI and cardiology offerings, reinforcing its market position.

Austin Engineering has restated its FY24 financials due to revenue recognition errors in its Chilean subsidiary, leading to an upward revision of its FY25 revenue and profit guidance.

Brisbane Broncos Limited projects a net profit before tax of $8.69 million for H1 2025, up from $6.30 million a year earlier, driven by an additional NRL home game and stronger revenues across ticketing, sponsorship, and merchandise.

Finbar Group has sold out its $113 million Bel-Air Apartments project well before its anticipated mid-2026 completion, highlighting strong demand for mid-tier apartments in Western Australia.

Pure Hydrogen Corporation has secured over $3 million in new orders for hydrogen fuel cell trucks, including prime movers for Scott Lovatt Transport and concrete agitator trucks for Heidelberg Materials, signaling rising commercial adoption of clean transport technology in Australia.

Nutritional Growth Solutions revises its Q2 FY25 financials, confirming stable revenue and detailing expanded distribution into CVS and Walmart. The company is actively raising capital to support growth and improve liquidity.

SRJ Technologies has inked a US$6 million joint venture in the Middle East and launched a fully underwritten A$2.5 million entitlement offer to accelerate its regional expansion.

Constellation Technologies broadens its Callisto Food Safety platform into new sectors and launches innovative IoT products, while managing a modest cash outflow in Q4 2025.