Latest Financial Management News

KNeoMedia reports significant progress toward ASX reinstatement, driven by strategic capital raises and the expansion of its KneoScience platform into New York high schools, boosting potential revenue and student reach.

Mustera Property Group has advanced its Verse on McCabe development with design finalised and a strong sales campaign, securing over $10 million in contracts post-quarter. Meanwhile, Forbes Residences continues to deliver solid sales and the company benefits from refinancing that reduces financing costs.

Thrive Tribe Technologies reported a $451,000 net operating cash outflow in Q1 FY26 but bolstered its cash reserves to $589,000 through over $1 million in equity placements. The company progressed its Thrive Tribe Home Base initiative and expanded its digital business units while managing a limited cash runway.

Janus Electric reported a modest revenue increase in Q1 FY26 despite supply chain setbacks and remains suspended from ASX pending audit completion. A $5 million strategic investment from EVUNI Pte Ltd promises to accelerate growth, particularly in sub-Saharan Africa.

WA Kaolin Ltd has reported a record-breaking quarter in sales volume and revenue, driven by operational enhancements and expanding market reach across Asia and domestic sectors.

Saunders International anticipates a weaker first half in FY26 amid ongoing operational challenges but gains momentum with major contracts and strategic expansion into New South Wales.

FirstWave Cloud Technology reports a cash-flow positive quarter with a $2.85 million capital raise and advances its AI-powered compliance product, targeting a commercial release by November.

Wide Open Agriculture advances its lupin protein commercialisation with a strategic China rollout, sustainability validation, and plans for a large-scale Australian facility.

Galan Lithium has completed a $20 million placement and secured Argentine government incentives, advancing its Hombre Muerto West lithium project toward first production in early 2026.

Taiton Resources has completed key soil sampling programs targeting gold and rare earth elements at its South Australian projects, alongside heritage surveys and regulatory steps, supported by a recent $2 million capital raise.

Cann Group Limited has secured a short-term extension on its National Australia Bank debt facilities and is finalising a $15.3 million settlement deed to release all associated securities.

Knosys Limited reported robust Q1 FY26 results with $3.5 million in cash receipts and a steady $9.5 million annual recurring revenue, while advancing its AI-driven Libero X product and appointing a new Chair.