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Why DIC India CEO Manish Bhatia exits as profit surges and leadership structure changes
DIC India Limited has formally completed Manish Bhatia’s exit as Managing Director and CEO, with Hayato Kashiwagi set to become Managing Director from September 1 and Manjusha Singh already serving as Deputy CEO, creating a new leadership structure just as quarterly revenue and profit accelerate sharply.
Ashley Services (ASX: ASH) shares jump 17% as FY26 profit surges 190% to A$6.3m
Ashley Services Group delivered record A$602.2 million revenue and nearly tripled net profit in FY26, prompting a 16.7% share-price gain. The bigger FY27 catalyst may be a newly acquired labour-hire customer portfolio that generated A$162 million of revenue for its previous owner, adding substantial scale with an unusually low variable purchase-price structure.
DXN (ASX: DXN) backlog hits A$40.9m as AI data-centre contracts reshape FY27 outlook
DXN Limited has entered FY27 with A$40.9 million of contracted backlog, almost four times FY26 revenue, after two artificial-intelligence high-performance-computing data-centre wins transformed its forward workload. The opportunity is potentially much larger, but FY26 still produced falling revenue and a wider loss, making successful execution of the first AI module the critical proof point.
Myqorzo could expand across the HCM spectrum after Cytokinetics delivers pivotal ACACIA-HCM results
Cytokinetics plans an FDA filing after aficamten succeeds in non-obstructive HCM. See what ACACIA-HCM could mean for Myqorzo growth.
DUG Technology (ASX: DUG) swings to profit, but market punishes FY27 visibility concerns
DUG Technology delivered record revenue, sharply higher EBITDA and a return to profit in FY26, but investors erased roughly 18% from the stock across two sessions. The sell-off puts unusual focus on forward contract conversion even as recurring software and high-performance-computing revenue becomes a larger part of the business.
Questor targets C$10m 2027 revenue after Q2 sales fall to just C$240,000
Questor Technology's second-quarter revenue collapsed from C$3 million to less than C$240,000 as rental utilisation weakened and an Iraq commissioning slipped. Investors nevertheless held the shares steady after a preceding rally, with attention shifting to fleet redeployment, a proposed Emission Rx acquisition and ambitious 2027 revenue targets.
McMillan Shakespeare (ASX: MMS) shares jump 7% as FY26 profit hits record A$107.9m
McMillan Shakespeare delivered record FY26 earnings as novated leasing, digital adoption and productivity gains pushed profit growth well ahead of revenue. The shares jumped more than 7% and briefly touched a 52-week high, although electric-vehicle policy and National Disability Insurance Scheme reform remain important FY27 variables.
Civmec (ASX: CVL) FY26 profit climbs 23% as A$1.4bn order book backs growth outlook
Civmec Limited delivered double-digit revenue and earnings growth in FY26 while retaining a A$1.4 billion order book and a near-net-cash balance sheet. The muted share-price reaction contrasts with a business whose earnings grew faster than revenue and whose secured workload already exceeds one-and-a-half years of FY26 sales.
PEXA profit recovers in FY26, but regulatory and property risks sink shares 17%
PEXA Group delivered higher FY26 revenue, EBITDA and free cash flow while cutting leverage to 1.0 times, but the stock plunged after FY27 guidance signalled materially lower margins and profit. Regulatory uncertainty around Australian settlement fees and persistent investment in the United Kingdom are now dominating sentiment.
Why LIV Golf is laying off most staff after more than $5bn of Saudi backing
LIV Golf says the majority of its workforce will leave in early September as Saudi Arabia’s Public Investment Fund ends financial support, forcing Chief Executive Officer Scott O’Neil to rebuild the breakaway golf league around a still-unfinished investor transaction and a dramatically leaner operating structure.