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Straker Ltd has reported a record adjusted EBITDA of NZ$4.8 million for FY25, driven by strong growth in AI subscription services and operational efficiencies, even as overall revenue declined 10.3%. The company’s strategic pivot towards AI-powered offerings signals a promising shift in its business model.
Sophie Babbage
Sophie Babbage
27 May 2025
Straker Limited reveals Nike will not renew its services contract, impacting a notable portion of its revenue and earnings in the upcoming fiscal year.
Sophie Babbage
Sophie Babbage
26 May 2025
Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.
Maxwell Dee
Maxwell Dee
26 May 2025
Copper Search Ltd has identified promising heavy mineral sands rich in zircon and titanium minerals at its Peake Project in South Australia, signaling a strategic expansion beyond copper exploration. The company has engaged renowned expert Ian Warland and applied for a new tenement to advance this low-cost opportunity.
Maxwell Dee
Maxwell Dee
26 May 2025
TruScreen Group Ltd reports a dip in FY25 sales but forecasts a robust rebound in FY26 driven by resumed programs and expansion in key emerging markets. Strategic partnerships and AI-enabled technology underpin its growth ambitions.
Ada Torres
Ada Torres
26 May 2025
VEEM Limited has been awarded $2 million in government grants to enhance its manufacturing capabilities for critical naval components, supporting Australia's nuclear submarine and defence programs.
Victor Sage
Victor Sage
26 May 2025
Cash Converters has announced its exit from the Small Amount Credit Contract payday lending sector, signaling a strategic shift away from this controversial market segment.
Claire Turing
Claire Turing
26 May 2025
Turners Automotive Group has announced a fully franked quarterly dividend of NZD 0.10588235 per share, alongside a supplementary unfranked dividend and a Dividend Reinvestment Plan offering a 2% discount.
Victor Sage
Victor Sage
26 May 2025
Nufarm Finance (NZ) Limited reported a 4.1% increase in net profit after tax to NZD 10.35 million for the half-year ended 31 March 2025, driven by higher interest rates. The company declared an interim distribution of NZD 4.31 per security, payable in October 2024.
Claire Turing
Claire Turing
23 May 2025
Reef Casino Trust projects a drop in first-half distributable profit for 2025, citing stable revenues but increased regulatory and transaction-related expenses.
Victor Sage
Victor Sage
23 May 2025
Streamplay Studio Limited has voluntarily suspended its shares on the ASX pending a significant announcement about a new gaming platform agreement, signaling a potentially pivotal development for the company.
Sophie Babbage
Sophie Babbage
23 May 2025
3P Learning forecasts steady revenue for FY25 but anticipates a significant 20% uplift in underlying EBITDA and a stronger net cash position, driven by strategic product expansions.
Victor Sage
Victor Sage
23 May 2025