Latest Profitability News

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De.mem Limited has completed its $3 million acquisition of Core Chemicals, a specialty chemical supplier to Western Australia's gold mining sector, significantly expanding its market footprint and boosting pro-forma EBITDA to $1.6 million.
Maxwell Dee
Maxwell Dee
3 Nov 2025
Jayride Group Limited reported a $322K net cash outflow for the September quarter as it shifts from airport transfers to a SaaS mobility platform, raising $200K through convertible notes to support its transformation.
Sophie Babbage
Sophie Babbage
3 Nov 2025
JAYRIDE Group Limited is advancing its transformation into a scalable Mobility-as-a-Service platform, securing new funding and expanding its SaaS footprint across the Asia-Pacific region.
Sophie Babbage
Sophie Babbage
3 Nov 2025
HealthCo Healthcare & Wellness REIT confirms full collection of deferred and current rent from Healthscope, while advancing conditional agreements with alternative tenants for its hospital portfolio.
Victor Sage
Victor Sage
3 Nov 2025
Tinybeans Group Ltd has announced its strategic acquisition of US-based family journaling platform Qeepsake, nearly doubling its paid subscriber base and accelerating its path to profitability through product integration and expanded revenue streams.
Sophie Babbage
Sophie Babbage
3 Nov 2025
Tinybeans Group has acquired US-based Qeepsake, adding 49,000 paid subscribers and boosting pro-forma revenue by 85%, accelerating its path to profitability.
Sophie Babbage
Sophie Babbage
3 Nov 2025
AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.
Victor Sage
Victor Sage
3 Nov 2025
Infinity Mining has partnered with Orivium Global to deploy a cutting-edge metal recovery technology at its historic Cangai copper project, aiming to transform waste into valuable resources with minimal environmental impact.
Maxwell Dee
Maxwell Dee
3 Nov 2025
ResMed Inc. reported a robust 9% increase in net revenue for Q1 FY2026, driven by strong demand in its Sleep and Breathing Health and Residential Care Software segments. Despite ongoing patent litigation, the company delivered a 12% rise in net income and boosted shareholder returns with a $150 million share repurchase.
Ada Torres
Ada Torres
3 Nov 2025
Westpac Banking Corporation reported a modest decline in full-year net profit, while advancing key transformation initiatives and raising dividends slightly.
Victor Sage
Victor Sage
3 Nov 2025
Westpac Banking Corporation reported a solid $6.9 billion net profit for FY25, underpinned by strong deposit growth and ongoing digital transformation, while advancing ambitious sustainability targets.
Claire Turing
Claire Turing
3 Nov 2025
Westpac reported a resilient full-year 2025 performance with modest profit decline, robust loan and deposit growth, and ongoing strategic initiatives aimed at simplifying operations and enhancing customer experience.
Victor Sage
Victor Sage
3 Nov 2025