Latest Tax News

PARKD’s FY26 annual report puts the company’s funding position under sharper scrutiny after a steep revenue decline, a $1.26 million loss and $367,714 in cash. Its east-coast expansion produced new facilities, partnerships and demonstrations, but the next test is converting that platform into contracted work quickly enough.

PainChek is concentrating its commercial effort on residential aged care after signing new US and UK business, including an 808-licence Sabra expansion and an approximately 1,800-licence Hallmark contract. Revenue and retention improved, but activated ARR growth slowed to 1.2% for the quarter and cash covered an estimated 2.5 quarters of historical operating outflows.

Comvita has moved from NZ$62.4 million of net debt to NZ$0.5 million of net cash in a year, while FY27 first-quarter sales rose 4.6%. The sharper test now is whether its operating reset can convert a stronger balance sheet into durable shareholder returns, with no FY27 dividend expected and board control still contested.

Turnstone Resources has completed portfolio-wide magnetic surveys in Sweden and begun reviewing strategic options for its German potash assets, while its September cash balance covered less than one quarter of reported outgoings. The ASX-listed explorer also secured A$1.1 million in placement commitments and expects lower corporate costs ahead.

Hastings Technology Metals has completed its 49% acquisition of a Thai hydrometallurgical plant, with upgrades targeting 12,000 tonnes per annum of Mixed Rare Earth Chloride output. The company now faces the harder test: commissioning the facility, securing customers and converting a contracted feedstock position into sales.

Biotron’s BIT-HBV001 produced up to a 99.7% reduction in HBV-DNA in cell-based studies, while combination testing with Myrcludex B showed antiviral synergy. The company is also refining SedRx’s European regulatory pathway, but had A$1.06 million in cash at quarter-end, equivalent to 2.15 quarters of funding at the latest operating burn rate.

IMEXHS has moved several proprietary AI agents into live customer use while delivering stronger revenue, earnings and operating cash flow in the third quarter. But software bookings fell sharply, ARR was flat after churn, and Colombian receivables remain a material cash risk.

Data#3 has upgraded its FY27 first-half profit projection after delivering record FY26 sales, earnings and dividends. The company expects strong early-year growth, although one-off transactions and a softer second-half growth rate will shape the full-year result.

Avecho has resumed recruitment for the final cohort of its pivotal Phase III insomnia trial after an interim review supported continuing at the original 519-participant target. The biotechnology company is also pursuing international licensing while holding $5.3 million in cash.

RooLife Group opened FY2027 with A$7.9 million in unaudited revenue and customer cash receipts up 884% year on year. The stronger quarter comes as its Aurora renewable energy division shifts from acquisition and product development towards project execution, although operating cash flow remains negative.

Zimi has moved its next-generation Matter smart-home range closer to certification and production, while securing access to more than 10,000 retail outlets through Directed. But the company ended September with $344,000 in cash after burning $714,000 on operations, leaving further funding firmly in the frame.

South Port has entered FY27 with record full-year earnings behind it and first-quarter cargo volumes still rising, while a new chair takes over during a fresh investment cycle. The port is also preparing to add staff and potentially replace major equipment as regional development opportunities build.