Latest Business Transformation News

Jayride Group Limited reports a reduced quarterly loss and secures fresh capital, yet faces ongoing uncertainty over its ability to continue as a going concern during its ASX reinstatement process.

McPherson’s Limited has secured a new $16.2 million debt facility with HSBC, significantly downsizing from its previous $52.5 million arrangement as part of its ongoing business transformation.

PeopleIN Group reported a challenging FY25 with revenue down 6.5% and EBITDA down 10%, yet strengthened its balance sheet through debt reduction and a strategic sale. The company is poised to capitalise on Queensland's infrastructure boom and Defence sector opportunities.

Jcurve Solutions has updated its revenue recognition policy for its ERP subscription licenses, shifting from point-in-time to over-time recognition, leading to restated FY25 financials and enhanced transparency.

IPH Limited reported solid FY25 profit growth driven by Canadian acquisitions and a promising FY26 start despite challenges in Australia and New Zealand. CEO Andrew Blattman announced his retirement for late 2026, marking a pivotal leadership transition.

Nuix Limited’s 2025 AGM revealed steady ACV growth, a leadership transition, and a strategic push centered on its Nuix Neo platform to fuel future expansion.

FleetPartners Group Limited reported a 3.2% revenue increase to $786.2 million for FY2025, despite a 3.3% decline in net profit after tax to $75.3 million. The company completed its Accelerate program, delivering $6 million in annualised cost savings and declared a final unfranked dividend of 13.6 cents per share.

GrainCorp reported a resilient FY25 with underlying EBITDA rising to $308 million, supported by record grain handling and oilseed crush volumes despite a challenging global margin environment. The company maintained a strong balance sheet and returned solid dividends while advancing strategic growth and sustainability initiatives.

GrainCorp reported a resilient FY25 with increased grain handling volumes and steady dividends, despite global margin pressures. The company’s strategic investments and operational efficiencies position it well for future growth.

GrainCorp reported a 12.3% revenue increase to $7.31 billion in FY25, alongside record grain volumes and growth in Animal Nutrition, despite a 35% drop in statutory net profit. The company declared a fully franked 24-cent final dividend and advanced key sustainability initiatives.

Jayride Group Limited reported a $322K net cash outflow for the September quarter as it shifts from airport transfers to a SaaS mobility platform, raising $200K through convertible notes to support its transformation.

FlexiRoam Limited has reported its strongest quarterly operating cash flow ever, signalling a successful business reset and setting the stage for growth with a new AI-assisted connectivity platform.