Latest Profitability News

Gentrack Group Limited reported an 8% rise in revenue to NZD 230.2 million and a remarkable 119% jump in net profit for the fiscal year ending September 2025, yet declared no dividend.

Gentrack Group reported a strong FY25 with revenue up 8% and net profit more than doubling, driven by key deployments of its new g2.0 cloud platform and robust growth in its airports division Veovo.

HiTech Group Australia has reported its strongest financial year yet in FY25, with solid revenue growth and a robust balance sheet, while facing margin pressures in the first half of FY26 due to government spending shifts.

Verbrec Limited reported record FY2025 financial results with its highest gross and adjusted EBITDA margins in years, alongside strategic moves including the acquisition of Alliance Automation and divestment of its Competency Training business.

Verbrec Limited has announced a transformative acquisition of Alliance Automation, adding over $60 million in annual revenue and significantly boosting its digital and automation capabilities across Australia and New Zealand.

Nufarm Finance (NZ) Limited reported a modest 1.1% rise in net profit to $20.53 million for the year ended September 2025, alongside increased distributions to security holders and maintained strong liquidity backed by its parent company.

Verbrec Limited has reported a strong FY2025 with record margins and resumed dividend payments after more than a decade, alongside strategic moves including a key acquisition and divestment.

Sietel Limited’s preliminary final report for FY2025 reveals a 47% drop in net profit and a 24% fall in total revenues, underscoring a challenging year for the investment management firm.

Adore Beauty Group has reported record profitability for FY25, driven by improved revenue quality, operational efficiencies, and rapid retail expansion. The company’s omni-channel strategy is gaining momentum with strong customer growth and a new fulfillment center planned for FY27.

Reece Limited reported a modest revenue decline and earnings pressure in FY25 amid challenging markets but reinforced its long-term growth strategy with a significant share buyback and board renewal. Early FY26 trading shows sales growth driven by network expansion despite ongoing cost pressures.

VHM Limited launches a fully underwritten A$10.3 million placement and a $1 million share purchase plan to fund the Goschen rare earths project, supported by strategic government financing.

Reece Limited reported an 8% rise in first-quarter sales driven by network expansion, while profitability dipped due to higher costs and investments. The company also completed a $365 million share buyback, signaling confidence despite subdued market conditions.