Latest Transformation News

Veris Limited lifted revenue by 4.9% to $102 million in FY26, driven by digital and advisory growth, but statutory net profit fell 67% amid one-off costs and macroeconomic headwinds.

Flight Centre Travel Group posted record total transaction value (TTV) of $25.7 billion in FY26, with statutory profit after tax surging 38% despite a $60 million Q4 leisure profit hit from Middle East tensions. The company declared a fully franked 30c dividend and launched a new $200 million buy-back program.

Winton Land reported a 120% rise in net profit to $22.7 million in FY26, driven by increased residential settlements and full-year trading at its hospitality venues, despite economic headwinds and leadership changes.

humm Group reports a 60% drop in FY26 net profit after tax to $15.7 million, weighed down by irregular legal expenses and credit impairments, while declaring a final dividend and completing major board renewal.

Jcurve Solutions (ASX:JCS) posted a significant financial turnaround in FY2026, with revenue climbing 16.3% to $13.28 million and normalised EBITDA more than doubling to $1.88 million, underpinned by disciplined cost control and recurring revenue growth.

Coles Group reported a 2.8% rise in FY26 sales revenue to $45.58 billion, driven by supermarket growth and digital gains, while navigating $235 million in regulatory provisions.

Scentre Group’s half-year profit jumped 24.6% to $974.5 million despite a revenue dip, driven by strong property valuations and operational growth. The group raised full-year earnings and distribution forecasts while advancing key redevelopment projects and strategic land initiatives.

Electro Optic Systems (ASX:EOS) reported a record first half in 2026 with revenue soaring 283% to A$168.8 million, driven by the MARSS acquisition and expanding defence contracts. The order book jumped 84% to A$846 million, underpinning a bullish outlook amid a global defence spending surge.

Mader Group Limited has surpassed $1 billion in revenue for the first time, reporting a 15% increase in both revenue and net profit after tax for the financial year ended 30 June 2026. The company continues to expand its global footprint with strong growth in Australia and North America.

Brightstar Resources’ latest deep diamond drilling at Two Mile Hill within its Sandstone Gold Project has revealed a substantial mineralised tonalite unit with over 50 visible gold occurrences, suggesting significant potential for resource expansion.

Australian Ethical Investment Ltd posted record FY26 results with a 29% rise in net profit after tax and funds under management reaching $14.5 billion, driven by strong superannuation inflows and growth in private markets.

SiteMinder Limited (ASX:SDR) nearly doubled its adjusted EBITDA to $28.1 million in FY26, driven by a 22% revenue increase and strong adoption of its AI-powered Smart Platform. The company narrowed its net loss by more than half amid ongoing investments in growth and operational efficiency.