🕒 Thursday 21 August 2025 Thu, 21 Aug 2025
260 Articles
Why Cannindah Resources Has Halted Trading Ahead of Capital Raise
Cannindah Resources Limited has voluntarily suspended its shares from trading as it prepares to announce a significant capital raising. The suspension is set to last until the announcement or the resumption of trading on August 22.
21 Aug
Maxwell Dee
Peet Limited Posts 60% Profit Surge, Launches Strategic Review with Goldman Sachs
Peet Limited delivered a robust FY25 performance with a 60% jump in net operating profit and a strong sales pipeline, while initiating a strategic review to capitalize on favorable market conditions.
21 Aug
Eva Park
MIXI Australia Extends PointsBet Takeover Offer, Plans Price Hike to $1.30
MIXI Australia has extended its takeover offer for PointsBet shares to 29 August 2025 and announced a conditional increase in the offer price from $1.25 to $1.30 per share, aiming to secure at least 90% ownership.
21 Aug
Claire Turing
Morris Group Challenges Reef Casino Trust Takeover with $191.7M Bid
Reef Casino Trust faces a new takeover challenge as Morris Group submits a conditional $191.7 million cash offer, competing with the board-backed Iris proposal. The trust’s Independent Board Committee urges unitholders to hold off while assessing the competing bids.
21 Aug
Eva Park
Winchester Energy Strengthens Board with Legal Expertise, Shifts CEO Role to Part-Time
Winchester Energy appoints corporate lawyer Chris Zielinski as Non-Executive Director while CEO Rory McGoldrick transitions to a part-time role, signaling a strategic refocus on operational efficiency.
21 Aug
Maxwell Dee
Peet Limited Surges 60% in Profit, Launches Strategic Review with Goldman Sachs
Peet Limited reports a robust 60% jump in net operating profit for FY25, driven by strong sales and market conditions, while initiating a strategic review to capitalize on growth opportunities in FY26.
21 Aug
Eva Park
Autosports Group Accelerates Luxury Growth with $47M Profit and Bold Acquisitions
Autosports Group Limited reported a robust FY25 with normalised NPBT of $47.1 million, driven by strategic acquisitions and greenfield expansions. The company is poised for further growth in FY26, targeting a doubling of its Mercedes-Benz footprint and continued market consolidation.
21 Aug
Victor Sage
Castle Minerals Expands West African Gold Reach with Côte d’Ivoire Acquisition
Castle Minerals has secured a 90% stake in Mineralis Ltd, gaining access to seven gold exploration permits in Côte d’Ivoire, complemented by a $3.3 million capital raise and a refreshed leadership team focused on West African growth.
21 Aug
Maxwell Dee
Autosports Group Drives Record Revenue and Accelerates Expansion with Key Acquisitions
Autosports Group Limited reported a record $2.865 billion revenue for FY25 alongside strategic acquisitions set to fuel growth in FY26. The luxury automotive retailer is capitalizing on improving market conditions and expanding its footprint with new dealerships and property purchases.
21 Aug
Victor Sage
MA Financial Surges 26% in EPS, Eyes $15b AUM by FY26
MA Financial Group delivered a robust 1H25 with underlying earnings per share up 26%, driven by record revenue and strong growth across asset management, lending, and advisory segments. The company signals continued momentum into the second half and ambitious FY26 targets.
21 Aug
Claire Turing
NRW Holdings Declares Fully Franked AUD 0.095 Dividend for H1 2025
NRW Holdings Limited has announced a fully franked ordinary dividend of AUD 0.095 per share for the six months ending June 30, 2025, signaling steady returns for shareholders.
21 Aug
Victor Sage
MA Financial Surges with 31% AUM Growth and Lending Boom in 1H25
MA Financial Group reported a robust first half of 2025, with record underlying revenue and earnings per share growth driven by strong asset management inflows and rapid expansion in lending platforms.
21 Aug
Claire Turing
Aspen Group Delivers 18% Profit Surge, Boosts Distributions Amid Portfolio Expansion
Aspen Group Limited reported a robust 18% increase in profit after tax to $57 million for FY25, driven by growth in both rental and development segments alongside strategic debt reduction and a $74 million equity raise.
21 Aug
Eva Park
Codan Limited Declares Fully Franked AUD 0.16 Dividend for H1 2025
Codan Limited has announced a fully franked ordinary dividend of AUD 0.16 per share for the six months ending June 30, 2025, with payments scheduled for mid-September.
21 Aug
Victor Sage
Peet Limited FY25 Profit Soars 60% Amid Strategic Review and Leadership Changes
Peet Limited reported a robust FY25 with a 60% surge in net profit after tax and declared a higher fully franked dividend, underpinned by strong sales and improved capital management. The company is also undertaking a strategic business review while navigating leadership transitions.
21 Aug
Eva Park
MA Financial Group’s Revenue Surges 30% Amid Profit Paradox and New Acquisition
MA Financial Group reported a robust 30% revenue increase for the first half of 2025, yet statutory net profit fell sharply by 44%, highlighting a complex financial landscape as the firm prepares to acquire IP Generation.
21 Aug
Claire Turing
AVL Secures $49M Grant Variation to Power Integrated Vanadium Project
Australian Vanadium Limited has aligned its $49 million government grant with its integrated vanadium project following a key merger, advancing its vertically integrated supply chain ambitions.
21 Aug
Maxwell Dee
NRW Holdings Surges with $3.27B Revenue and $6.1B Order Book in FY25
NRW Holdings delivered a robust FY25 performance, posting a 12.2% revenue increase to $3.27 billion and securing a strong $6.1 billion order book. The company’s FY26 outlook remains positive with expected revenue growth and improved earnings.
21 Aug
Maxwell Dee
Tinybeans Cuts Losses, Boosts Subscriptions Amid Strategic Restructure
Tinybeans Group Ltd reported a significant reduction in losses and a 12% rise in subscription revenue for FY25, driven by a strategic pivot away from advertising. The company’s restructuring efforts have improved cash flow and positioned it for sustainable growth.
21 Aug
Sophie Babbage
NRW Holdings Navigates $110M OneSteel Hit Amid 12% Revenue Surge
NRW Holdings reported a robust 12.2% revenue increase to $3.3 billion in FY25, offsetting a significant $110.5 million impairment linked to OneSteel. Strong Civil and MET segment growth underpinned solid earnings despite Queensland weather challenges.
21 Aug
Victor Sage
NRW Holdings Navigates Growth and OneSteel Setback in FY25
NRW Holdings reported a 12.2% revenue increase to $3.27 billion in FY25, offset by a significant impairment linked to OneSteel receivables. The company declared a final fully franked dividend of 9.5 cents per share, underscoring confidence despite challenges.
21 Aug
Victor Sage
Universal Store Holdings Accelerates Sales and Earnings with Strategic Expansion
Universal Store Holdings Limited reported a robust FY25 with sales rising 15.5% to $333.3 million and underlying EBIT up 15.9%, driven by strong performances across its retail brands and disciplined cost management.
21 Aug
Logan Eniac
TMK Energy Brings LF-07 Well Online, Boosting Gurvantes XXXV Production Capacity
TMK Energy has completed commissioning its LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project, joining six other wells in production as the company shifts focus to optimising output and reservoir management.
21 Aug
Maxwell Dee
Codan Surges 27% Profit on Strong Defence and Metal Detection Growth
Codan Limited reported a robust FY25 with 22% revenue growth to $674.2 million and a 27% jump in net profit, driven by organic expansion and strategic acquisitions. The company’s communications and metal detection segments both posted solid gains, setting a confident tone for FY26.
21 Aug
Sophie Babbage