Latest Engineering News

Wrkr Ltd reported a 10.8% revenue increase to $10.63 million and narrowed its net loss to $2.62 million for FY2025, while securing $15 million in fresh capital to accelerate growth amid upcoming PayDay Super reforms.

Globe International Limited reported a decline in revenue and profit for FY25, reflecting a strategic shift away from non-core brands. Despite this, the company maintains strong profitability in Australia and a solid cash position, while declaring a fully franked dividend of 20 cents per share.

Orbital Corporation reveals a strategic pivot amid evolving US drone policies, with a new management team driving growth beyond Boeing Insitu. FY25 guidance shows revenue decline but promising new contracts.

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.

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.

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.

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.

Downer EDI Limited has announced an on-market buy-back of up to 33.6 million ordinary shares, set to run from September 2025 through June 2026. The move signals a strategic capital management initiative without requiring shareholder approval.

Vault Minerals announces that CEO Luke Tonkin will step down within the next 12 months, triggering a leadership transition as the company continues to build on recent operational successes.

Downer EDI Limited has announced a fully franked ordinary dividend of AUD 0.141 per share for the six months ending June 2025, with payments scheduled for early October.

Megaport Limited delivered a robust FY25 with 20% growth in annual recurring revenue and EBITDA surpassing guidance, setting the stage for continued expansion in FY26.

IPH Limited reported a solid 16.5% revenue increase to $710.3 million for FY25, driven by strategic acquisitions in Canada and strong organic growth in Asia and ANZ. Despite ongoing delays at the Canadian Intellectual Property Office, the company achieved higher earnings and dividends, setting the stage for further operational efficiencies and technology investments.