Latest Connectivity News

Central Petroleum Limited reported a solid quarter ending December 31, 2024, driven by increased gas production from new wells and a restructured loan facility that enhances financial flexibility.

X2M Connect reported a 51% revenue drop in Q2 FY25 as it shifts from hardware to SaaS, yet improved margins and EBITDA signal progress. Strategic partnerships in the Middle East and Taiwan offer promising growth avenues.

Marmota Limited reports a stellar quarter with major titanium mineral sands discovery at Muckanippie and high-grade gold extensions at Aurora Tank, underpinning an aggressive drilling campaign and capital raise.

MPower Group has finalized the conversion of a $10 million project funding facility for its Narromine Renewable Energy Project into equity, with AMPYR Distributed Energy acquiring full ownership. The move strengthens MPower's balance sheet and supports its strategic push into hybrid renewable assets.

Elsight reported a robust 32% increase in annual revenue for 2024, driven by a strategic pivot towards the defense sector, which now accounts for over half of its total revenue. The company’s expanding customer base and debt elimination position it well for growth in 2025.

Jayride Group reports a sharp decline in bookings amid supplier payment challenges but eyes growth through API technology and cost cuts.

Saferoads Holdings reported a slight revenue dip in Q2 2024 but advanced toward selling its Road Safety Rentals business, while securing approval for a new crash barrier system.

Krakatoa Resources has taken a major step by signing an option to acquire an 80% interest in the Zopkhito antimony-gold project in Georgia, complementing a $220,000 drilling grant for its Mt Clere REE project and a $1.18 million capital raise.

Mithril Silver and Gold Limited reports strong drilling results at its Copalquin gold-silver project in Mexico, backed by a $12.5 million placement to fund an expanded 35,000-metre 2025 exploration program.

Zimi Limited has secured $2.495 million through a capital raising, appointed new board members, and initiated cost-saving measures exceeding $400,000 annually, while navigating a compliance issue affecting sales to a major distributor.

IODM Limited reported a robust 49.4% increase in Q2 FY25 cash receipts, driven by explosive growth in its UK Education segment and strategic onboarding of prestigious universities.

Flynn Gold Limited has announced a maiden Exploration Target at its Golden Ridge Project in Tasmania, estimating up to 520,000 ounces of contained gold, alongside a new exploration licence near the Beaconsfield Gold Mine.