Latest Strategy News

Strike Energy has secured independent certification of substantial gas resources at its Ocean Hill project, including a newly identified large prospect, setting the stage for drilling in late 2026.

Biome Australia Limited reports its first profitable year since 2018, driven by a 41.6% revenue increase and significant international growth.

Adairs Limited reported a 6.5% sales increase in FY25, powered by strong performances from its Adairs and Mocka brands, while Focus on Furniture struggled. The company is advancing its Vision 2030 strategy with technology upgrades and operational improvements.

Adairs Limited reported a 6.5% increase in total sales for FY25 to $618.1 million, with underlying EBIT holding steady despite challenges in its Focus on Furniture segment. The company’s omni-channel strategy and online growth remain key drivers amid rising net debt and transition costs.

PlaySide reports a 25% revenue decline and a $12.1 million net loss in FY25, driven by fewer original IP launches and restructuring costs. The company raises capital and streamlines operations ahead of major 2026 game releases.

COG Financial Services reported a modest 1% revenue increase and stable underlying profits for FY25, driven by strong Novated Leasing growth and key acquisitions, while cutting its final dividend and shifting focus to EBITDA.

COG Financial Services reported a slight dip in net profit after tax but saw strong growth in its Novated Leasing segment, alongside strategic acquisitions and a steady dividend.

PlaySide Studios reported a 25% revenue decline to $48.7 million for FY25, resulting in a $12.1 million net loss. The company is banking on new game launches and cost savings to reverse the downturn in FY26.

Woolworths Group Limited has announced a fully franked ordinary dividend of AUD 0.45 per share for the six months ending June 2025, payable in September with an optional dividend reinvestment plan.

Spirit Technology Solutions reported a 12.7% revenue increase and a 562% surge in underlying EBITDA for FY25, driven by strategic acquisitions that have positioned cyber security as its fastest growing segment.

Worley Limited reported a robust FY25 with a 29% rise in statutory NPATA to $475 million and announced a $500 million share buy-back, underpinned by strong bookings and strategic cost management. The company anticipates moderate growth in FY26 despite ongoing geopolitical uncertainties.

Worley Limited has announced an ordinary unfranked dividend of AUD 0.25 per share for the six months ending June 2025, signaling steady shareholder returns amid a complex energy sector landscape.