Latest Financial Restatements News

Ryman Healthcare reported a 13% revenue increase to NZD 413.8 million for H1 2025, yet swung to a significant net loss of NZD 45.2 million and suspended dividends, raising questions about its financial trajectory.

Jcurve Solutions has updated its revenue recognition policy for its ERP subscription licenses, shifting from point-in-time to over-time recognition, leading to restated FY25 financials and enhanced transparency.

Janus Electric Holdings has updated its FY25 financials with audited figures, correcting prior R&D expense misstatements and recognizing an impairment on its Vaulta investment, resulting in a net loss of $8.9 million.

Memphasys Limited has revised its FY25 financials to reflect a $1.12 million liability linked to uncertain compliance with R&D tax incentive rules, pending a private tax ruling.

Rewardle Holdings addresses ASX queries on its CloudHolter investment, convertible note funding, and financial restatements, while outlining its going concern status despite operational losses.

Income Asset Management has resumed ASX trading after revealing a $1.5 million fraud involving a former employee, while assuring clients their assets remain secure under current custodianship.

Corporate Travel Management Limited’s shares remain suspended on the ASX as the company delays lodging its Preliminary Final Report amid ongoing financial restatement concerns.

Finexia Financial Group reported a significant net loss of $3.13 million for FY25, even as revenue jumped 59% to $23.8 million. The company also restated prior year results following accounting corrections.

Corporate Travel Management Limited has requested a voluntary suspension of its shares on the ASX as it navigates unresolved issues with its FY25 financial statements, delaying their release until late September.

Austin Engineering has restated its FY24 financials due to revenue recognition errors in its Chilean subsidiary, leading to an upward revision of its FY25 revenue and profit guidance.

Noumi Limited has received Victorian Supreme Court approval for its $43 million class action settlement, closing a significant chapter tied to past financial restatements. The company’s insurer will cover its $11.56 million contribution, while legal costs will impact FY25 results.