Latest Market Challenges News

Michael Hill International reported broadly flat FY25 financial results despite challenging retail conditions, with growth in Australia and Canada offset by ongoing difficulties in New Zealand. Strategic initiatives and early FY26 sales hint at cautious optimism.

Sayona Mining has significantly increased the Mineral Resource and Ore Reserves at its Moblan Lithium Project in Quebec, reinforcing the project's long-term viability amid rising lithium demand.

Data 3 Limited has reported record FY25 results, hitting $3 billion in gross sales and delivering over 11% growth in net profit before tax. The company’s strategic focus on recurring revenue and operational efficiency underpinned its strong performance.

Data # 3 Limited has delivered a robust FY25 performance with revenues rising 5.8% to $863 million and net profit up 11.3%, supported by strong growth across its core business segments and a 10.2% dividend increase.

Adore Beauty has delivered record profitability in FY25, driven by margin expansion, owned brands, and retail growth, while setting ambitious targets for FY26.

Vonex Limited shareholders will soon decide on a court-approved scheme of arrangement under which Maxo Telecommunications will acquire the remaining 30.6% of Vonex shares it does not already own, offering an 80% premium to the pre-announcement share price.

nib Holdings reported a solid FY25 with underlying operating profit of $239.2 million and 3.2% policyholder growth, driven by digital innovation and operational efficiencies. The Group’s strategic focus on core health insurance and adjacent services sets the stage for continued momentum into FY26.

nib holdings limited reported a 9.4% increase in net profit after tax to $198.6 million for FY25, alongside a 7.8% rise in group revenue to $3.6 billion. Despite a dip in underlying operating profit, the company declared a fully franked final dividend, maintaining its full-year payout at 29 cents per share.

Pilbara Minerals Limited (PLS) reported a challenging FY25 marked by a 39% revenue drop and a net loss of $196 million amid falling lithium prices. Despite this, the company advanced key expansion projects, acquired a Brazilian lithium asset, and made significant sustainability strides.

Perenti Limited has reported record financial results for FY25, highlighted by revenue growth, improved margins, and a significant reduction in leverage. The company’s robust free cash flow and increased dividends set a solid foundation for future growth.

IMDEX Limited reported resilient FY25 earnings highlighted by a record fourth quarter revenue and significant progress in its digital growth strategy, supported by strategic acquisitions and strong operational performance.

IPD Group Limited has delivered record financial results for FY25, hitting the top end of its guidance with robust revenue growth and a significant dividend increase. The company’s strategic acquisitions and expansion into key infrastructure sectors underpin its optimistic outlook.