Latest Financial Impact News

Equity Story Group has terminated its acquisition agreement with Baker Young Limited after failing to meet key conditions by the September deadline, signaling a strategic pivot for the financial services firm.

Liontown Resources has secured a one-year deferral on debt repayments to Ford and halved its spodumene concentrate commitments, unlocking new sales opportunities amid evolving lithium markets.

DroneShield launches its largest AI software update yet, enhancing drone detection and disruption capabilities with doubled processing power and expanded databases.

Cyclopharm Ltd has been hit with legal proceedings by 4D Medical Limited, accusing it of making false and misleading statements during a March webinar. Cyclopharm denies the allegations, calling the claim without merit.

Pure Foods Tasmania has expanded its Tasmanian Pâté distribution from 300 to 700 Coles stores nationally, driving a forecast 15% uplift in sales. Early orders in September surged more than tenfold, signaling strong consumer demand.

Delorean Corporation has clarified the timing and rationale behind its delayed disclosure of a $3.3 million profit reduction linked to grid connection delays on its Yarra Valley Water project.

Acumentis Group Limited has acquired a significant minority stake in its Mandurah franchisee, Valuations Pty Ltd, aiming to boost earnings and deepen collaboration across Western Australia and nationally.

Equity Story Group Ltd has had its trading suspension lifted immediately following a capital raising announcement, signaling renewed market activity for the financial services company.

Bank of Queensland announces a $170 million goodwill impairment in its retail banking unit for FY25, reflecting structural industry changes but maintaining strong cash earnings and capital ratios.

TPG Telecom launches an innovative handset receivables financing structure expected to free up $600 million in cash flow for FY25 and plans a $3 billion capital reduction with a reinvestment plan for minority shareholders.

Webjet Group has completed its acquisition of Locomote Holdings for $23 million, aiming to fast-track its digital business travel platform and reduce development risks. The move aligns with Webjet’s FY30 Strategic Plan to expand its footprint in corporate travel.

Intelligent Monitoring Group has acquired BNP Securities for $4.2 million, aiming to blend traditional security manpower with advanced video monitoring solutions. This move is set to boost earnings and broaden ADT Guard’s presence in Australia’s security market.