Latest Financial Turnaround News

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Mayfield Childcare Limited reports a significant operational and financial turnaround in Q2 FY25 under new CEO Daniel Stone, with improved earnings and cost efficiencies despite ongoing sector pressures.
Victor Sage
Victor Sage
29 May 2025
Select Harvests Limited has reported a remarkable turnaround with a $28.7 million profit in the first half of FY2025, buoyed by higher almond prices and improved operational efficiency. The company also secured $240 million in refinancing, positioning itself for future growth despite a slightly reduced almond crop forecast.
Ada Torres
Ada Torres
29 May 2025
Select Harvests Limited has reported a remarkable turnaround with a $28.7 million net profit for the half-year ended March 2025, driven by higher almond prices and operational gains. The company forecasts a solid 2025 crop and has renewed a $240 million syndicated debt facility.
Ada Torres
Ada Torres
29 May 2025
Plenti Group Limited has reported a remarkable turnaround with a $24.8 million profit for the year ended March 2025, reversing a loss from the previous year. The fintech lender also announced its upcoming Annual General Meeting and director nomination deadlines.
Claire Turing
Claire Turing
21 May 2025
Elixinol Wellness Limited reported a robust FY24 performance, achieving an 81% increase in revenue and significantly narrowing its losses. The company is now focused on scaling its direct-to-consumer channels and operational efficiencies to reach profitability in 2025.
Victor Sage
Victor Sage
20 May 2025
Appen Limited reports a strong financial turnaround in FY24, driven by growth outside Google and a focus on generative AI, while seeking shareholder approval for key governance and remuneration measures.
Sophie Babbage
Sophie Babbage
16 May 2025
Dyno Nobel Limited reports a statutory net profit of $7 million for 1H25, reversing a prior loss, as it advances key sales agreements to separate its Fertilisers business and accelerates its transformation program.
Victor Sage
Victor Sage
12 May 2025
RMA Global Limited reported a robust Q3 FY25, achieving a 21% revenue increase to $5.5 million and marking its third consecutive quarter of positive operating cash flow, driven by US market expansion and the strategic acquisition of Curated Social.
Sophie Babbage
Sophie Babbage
29 Apr 2025
Select Harvests Limited reported a strong financial turnaround in FY2024 with a $46 million EBITDA and a modest net profit, while facing shareholder concerns over a recent capital raise and remuneration report at its AGM.
Ada Torres
Ada Torres
18 Feb 2025
Select Harvests Limited delivered a standout FY24 with a record almond crop and a significant NPAT turnaround, underpinned by strategic cost management and a successful $80 million capital raise. The company signals continued growth and operational improvements heading into FY25.
Ada Torres
Ada Torres
18 Feb 2025
Humm Group Limited has reported a remarkable 119% increase in cash profit after tax for the half-year ended December 31, 2024, alongside improved capital efficiency and reduced operating expenses. The company declared a fully franked interim dividend, underscoring its strengthened financial position.
Claire Turing
Claire Turing
18 Feb 2025
humm Group Limited has reported a strong turnaround with a $27.3 million net profit for the half-year ended December 2024, reversing last year’s loss and announcing a higher fully franked interim dividend.
Claire Turing
Claire Turing
18 Feb 2025