Latest Revenue News

eMetals has shifted its exploration focus from Uganda to a larger Utah tungsten project, where high-grade re-assays have set up a 17-hole drilling campaign. But the ASX-listed explorer ended the year with $1.79 million in cash, $1.40 million of deferred consideration and an auditor-highlighted material uncertainty over its ability to continue as a going concern.

Riedel Resources has completed the equity-funded acquisition of the Cosmo and Mt Venn gold projects, expanding its exploration portfolio beyond Arizona. But the annual report carries a material going-concern uncertainty, leaving future drilling dependent on further capital and execution.

ASF Group strengthened its balance sheet in FY2026 by selling non-core investments and subsidiaries, lifting cash to A$5.19 million and eliminating borrowings. Profit attributable to shareholders fell sharply as the prior year benefited from a one-off gain, leaving the investment group reliant on future portfolio realisations and development projects.

Emperor Energy has moved its Judith Gas Field closer to a targeted April 2027 appraisal well, with the VALARIS 107 rig lined up and regulatory work advancing. But the company’s auditor has highlighted a material uncertainty over its ability to continue as a going concern, with management forecasting a need to raise about $45 million through September 2027.

High Peak Royalties reported a A$1.59 million FY26 profit after completing its Northstar transaction, which generated a A$1.90 million accounting gain. The underlying royalty business was softer, with royalty revenue and operating cash flow both declining year on year.

Empire Resources has expanded its Yuinmery exploration story with new copper, gold and PGE zones, but its FY2026 annual report carries a material uncertainty over whether the company can continue as a going concern. A $4.825 million capital raising lifted cash, yet losses and director-related debt also increased.

AnteoTech has received $1.905 million from the Australian R&D Tax Incentive, providing fresh cash for its battery materials and life sciences commercialisation efforts. The rebate relates to eligible research conducted during the 2026 financial year.

SportsHero’s FY2026 revenue rose above A$1 million as HeroPlay gained traction through Southeast Asian telco partnerships. But the company remains deeply loss-making, burned A$1.9 million in operating cash and carries a material uncertainty over its ability to continue as a going concern.

Critical Minerals Group has put a substantial economic case around its Lindfield vanadium project, but its FY26 accounts also flag a material uncertainty over funding. The company is targeting a 2027 investment decision while holding less than A$1 million in year-end cash and navigating a leadership change.

Tennant Minerals has reported a high-grade maiden resource and further strong drilling at its Bluebird copper-gold discovery, but the annual report carries a material uncertainty over the company’s ability to continue as a going concern. A $2.8 million capital raise completed around year-end provides near-term funding, while further exploration and processing studies remain ahead.

Finder Energy has shifted decisively from exploration towards development, with its Timor-Leste oil project backed by independent reserves, an acquired FPSO and expanded TIMOR GAP funding. The transition came at a steep cost, however, with a $30.0 million annual loss and Final Investment Decision still ahead.

Avenira has pushed its first Wonarah phosphate shipment target into the first half of 2027, while its auditor warned that funding remains critical to the company’s survival. The annual report records project progress, but also a $3.34 million loss, $759,415 in year-end cash and a proposed $49 million rights issue.