🕒 Friday 14 February 2025 Fri, 14 Feb 2025
98 Articles
AMP FY24 NPAT Climbs 15.1% as Digital Bank Launches and Costs Fall
AMP reported a robust FY24 with underlying NPAT rising 15.1% to $236 million, driven by disciplined cost management and strong cash flows. The company declared a final dividend of 1.0 cents per share and is set to launch a new digital bank in February 2025, signaling strategic growth in wealth and banking sectors.
14 Feb
Claire Turing
AMP Limited Declares AUD 0.01 Dividend with Partial Franking for H2 2024
AMP Limited has announced a modest dividend of AUD 0.01 per share for the six months ending December 2024, with 20% franked and 80% unfranked components, signaling steady shareholder returns amid evolving market conditions.
14 Feb
Claire Turing
AMP Reports 2024: Underlying Profit Up 15% Amid Statutory Dip and Strategic Shift
AMP Limited’s 2024 results reveal a 43% drop in statutory net profit to $150 million, offset by a 15.1% rise in underlying profit to $236 million, alongside the completion of its Advice business sale and the launch of a new digital bank.
14 Feb
Claire Turing
GQG Partners Surges with 27% FUM Growth and Strategic Expansion in 2024
GQG Partners delivered robust full-year 2024 results, marked by a 26.9% increase in funds under management and nearly 47% growth in net revenue, underpinned by strong investment performance and strategic initiatives including Private Capital Solutions and a new Abu Dhabi office.
14 Feb
Claire Turing
GQG Partners Doubles Net Flows, Boosts Dividend Flexibility in 2024 Surge
GQG Partners reported a stellar 2024 with net inflows doubling to US$20.2 billion and funds under management climbing nearly 27%, underpinning strong revenue and earnings growth. The firm also expanded its dividend payout range, signaling confidence in future capital management.
14 Feb
Claire Turing
GQG Partners Declares USD 0.0378 Quarterly Dividend Amid Currency Nuances
GQG Partners Inc. has announced a quarterly ordinary dividend of USD 0.0378 per CDI, payable on March 27, 2025, with an option for Australian dollar conversion at a specified exchange rate.
14 Feb
Claire Turing
GQG Partners Inc. Delivers Robust 2024 Growth and Raises Dividend Amid Strategic Expansion
GQG Partners Inc. reported strong financial results for 2024, with significant increases in revenue, net income, and funds under management, alongside a raised dividend and strategic moves including the deconsolidation of its PCS Master Fund.
14 Feb
Claire Turing
AVITA Medical Boosts Revenue 30% in Q4 2024, Revises Credit Covenants
AVITA Medical reported a strong 30% increase in Q4 2024 commercial revenue and amended its credit agreement with OrbiMed to adjust revenue covenants through 2026. The company is poised for significant growth with new product rollouts and expects profitability by year-end 2025.
14 Feb
Ada Torres
AVITA Medical Unveils Cohealyx, Boosting Burn Care Market Potential to $1.5B
AVITA Medical's Q4 2024 earnings reveal strong commercial growth alongside the launch of Cohealyx, a novel collagen-based skin substitute that promises to transform acute wound care.
14 Feb
Ada Torres
AVITA Medical Accelerates Growth with New FDA Approvals and 30% Revenue Surge
AVITA Medical reported a robust 30% increase in Q4 2024 commercial revenue alongside key FDA clearances, setting the stage for ambitious growth in 2025.
14 Feb
Ada Torres
Everest Metals Extracts First Gold from Revere Bulk Sampling Program
Everest Metals Corporation has successfully extracted its first gold from the bulk sampling program at the Revere Gold Project, producing approximately 1.4 tonnes of concentrate and advancing towards a maiden JORC resource estimate.
14 Feb
Maxwell Dee
BPM Minerals Advances Claw Gold Project with 6,000m Drilling Campaign
BPM Minerals has commenced a significant 6,000m aircore drilling program at its Claw Gold Project in Western Australia, aiming to extend known gold mineralisation along an 8km corridor adjacent to Capricorn Metals' Mount Gibson Gold Project.
14 Feb
Maxwell Dee
Hamelin Gold Uncovers 500m Gold Anomaly at Ularring, Drilling to Start March
Hamelin Gold has identified a significant 500-metre gold anomaly at its Ularring Gold Project using advanced soil sampling technology, setting the stage for a targeted drilling campaign starting in March 2025.
14 Feb
Maxwell Dee
Olympio Metals Advances with Halls Creek Tenements Sale to Clutch Group
Olympio Metals has entered an Option Agreement to sell its remaining Halls Creek tenements to Clutch Group, enabling a sharper focus on its flagship Dufay Cu-Au Project in Quebec.
14 Feb
Maxwell Dee
Ragnar Metals Uncovers Extensive Conductive Trends at Viken Energy Metals Project
Ragnar Metals has identified multiple large conductive anomalies at its Viken Project in Sweden, reinforcing the potential for significant uranium, vanadium, and molybdenum mineralisation. These findings, derived from reprocessed VLF geophysics and historical drilling data, set the stage for targeted exploration.
14 Feb
Maxwell Dee
Civmec Posts A$502.9M Revenue, Eyes Naval Expansion and OEM Growth
Civmec’s 1H FY25 results reveal robust revenue growth and a strong balance sheet, underpinned by a diversified project pipeline and strategic moves into naval shipbuilding and material handling equipment manufacturing.
14 Feb
Victor Sage
Civmec Delivers Steady 1H FY25 Revenue and Strengthens Balance Sheet
Civmec Limited reports solid first-half FY25 results with revenue growth and a stable dividend, while navigating margin pressures and advancing strategic projects.
14 Feb
Victor Sage
Sipa Resources Accelerates Gold Ambitions with Major Asset Acquisition and Board Boost
Sipa Resources has completed the acquisition of four advanced gold exploration projects across South Australia and Western Australia, backed by a $1.75 million capital raise and the strategic appointment of industry veteran Stephen Biggins to its board.
14 Feb
Victor Sage
Meridian Energy Faces Hydro Storage Decline Amid Dry January
Meridian Energy's January 2025 report reveals a sharp drop in national hydro storage and inflows, coinciding with one of the driest Januarys on record and a notable dip in retail sales volumes.
14 Feb
Maxwell Dee
Cochlear Reports 6% Revenue Growth, Flags Services Revenue Decline Impacting FY25 Profit
Cochlear Limited posted a 6% increase in HY25 sales revenue driven by strong implant sales but anticipates FY25 profits at the lower end of guidance due to declining services revenue and rising cloud investments.
14 Feb
Ada Torres
HealthCo REIT Delivers 5% Growth in FFO and DPU Amid Stable Asset Values
HealthCo Healthcare & Wellness REIT reported a solid 5% increase in Funds From Operations (FFO) and Distribution Per Unit (DPU) for the first half of FY25, underpinned by stable asset valuations and a robust healthcare portfolio.
14 Feb
Ada Torres
Cochlear Reports 5% Revenue Growth, Eyes Mid-2025 Launch of Next-Gen Implants
Cochlear Limited posted a 5% increase in sales revenue to $1.17 billion for the half year ended December 2024, driven by strong cochlear and acoustic implant growth despite a decline in Services revenue. The company anticipates FY25 underlying net profit at the lower end of guidance amid increased cloud investments and prepares for new product launches.
14 Feb
Ada Torres
HealthCo Posts 5% FFO Growth Amid Healthscope Lease Uncertainty
HealthCo Healthcare & Wellness REIT reports solid 5% growth in FFO and DPU for 1H FY25, maintaining strong occupancy and gearing levels despite ongoing Healthscope lease speculation.
14 Feb
Eva Park
Cochlear Declares AUD 2.15 Dividend With 80% Franking for FY24
Cochlear Limited has announced a fully franked dividend of AUD 2.15 per share for the six months ending December 2024, payable in multiple currencies on April 14, 2025.
14 Feb
Ada Torres