Latest Finance News

Latitude Group Holdings reports a remarkable 341% increase in statutory profit for 1H25, driven by record receivables and strategic partnerships. The company’s strong balance sheet and AI investments set the stage for sustained growth.

Boom Logistics has reported a significant jump in net profit for FY2025, driven by strategic asset renewal and operational efficiency, while declaring a 2 cent dividend and continuing its share buy-back program.

hipages Group reported a robust FY25 with revenue up 10%, EBITDA rising 20%, and free cash flow surging 162%, underpinned by strategic platform migration and subscription model shifts.

Qualitas Limited has reported a robust FY25 with net profit after tax rising 28% to $33.4 million and funds under management growing to $9.5 billion. The company also declared a fully franked final dividend of 7.5 cents per share.

Citigroup Global Markets Australia has declared a fully franked dividend of AUD 1.121 for its ASX CitiFirst Self-Funding Instalment MINIs, reducing outstanding loan amounts for holders. The dividend aligns with key ASX share dates, signaling a strategic financial adjustment.

Vonex Limited shareholders are set to vote on a court-approved scheme of arrangement for Maxo Telecommunications to acquire the remaining 30.6% stake, offering a significant premium. The scheme promises a timely cash exit amid sector uncertainties.

Australian Vintage Limited reported a strong FY25 with significant profit growth despite flat revenue, underpinned by innovation and cost-cutting initiatives. The company aims for positive free cash flow in FY26, propelled by global brand expansion and operational efficiencies.

Rimfire Pacific Mining clarifies its recent capital raising progress, confirming receipt of nearly $3 million and the issuance of 199 million shares, with a further tranche pending shareholder approval.

Cadence Opportunities Fund Limited reported a 36% drop in profit after tax for FY2025 but maintained its fully franked final dividend at 7.0 cents per share, signaling confidence despite softer earnings.

Cadence Capital Limited reported a sharp decline in profit for FY2025, down 71% from the prior year, while declaring a steady 3.0 cent final dividend and continuing its share buy-back program.

Melbana Energy has successfully raised $7 million through a discounted share placement with attaching and bonus options, aiming to finance drilling at its Amistad-2 well and support general corporate needs.

Elanor Commercial Property Fund's Independent Board Committee has unanimously recommended that securityholders reject the unsolicited takeover offer from Lederer Group, citing undervaluation and lack of control premium.