Latest Profitability News

Mirrabooka Investments Limited reported steady half-year profits with a portfolio return of 11.5%, comfortably outperforming its benchmark. The company raised its interim dividend by 12.5%, reflecting confidence in its small and mid-cap investment strategy despite cautious market conditions.

Rio Tinto's Q4 2024 production results reflect steady operational performance with record bauxite output and significant progress on key growth projects like Oyu Tolgoi and Rincon lithium expansion.

Genesis Minerals Limited reported a record December quarter gold production of 57,055oz, driven by an accelerated Laverton mill restart and strong operational execution. The company’s cash reserves surged 34% to A$238 million, underpinning its debt-free growth strategy.

AUCyber Limited reveals a challenging half-year with a $1.6 million EBITDA loss on $12.2 million revenue, alongside operational setbacks and a rejected takeover bid from 5GN Networks.

Ingenia Communities Group has raised its FY25 EBIT and EPS guidance following a robust first half, driven by operational efficiencies and a revitalised development pipeline.

Advance ZincTek reports steady profit before tax for H1 FY25, driven by strong North American growth and significant cost savings following its Perth facility closure.

Way2VAT has locked in A$1.3 million through convertible notes aimed at bolstering working capital and accelerating client expansion, pending shareholder approval for conversion.

Myer reports flat comparable sales and a slight dip in total sales for the 22 weeks to December 2024, while reaffirming support for its transformative merger with Premier Investments' Apparel Brands.

Antilles Gold Limited has declared a maiden Probable Ore Reserve of 1.76 million tonnes at the Nueva Sabana copper-gold project in Cuba, supported by a comprehensive Pre-Feasibility Study outlining strong financial metrics and a clear path to production.

Pacific Edge faces a significant Medicare reimbursement setback as Novitas finalizes a non-coverage decision for its Cxbladder tests, prompting the company to activate legal challenges and operational restructuring.

Swoop Holdings has secured a three-year, $30 million wholesale internet services agreement with Flip TV, expected to add $10 million in annual revenue and support Flip’s expanding customer base.