Browsing Tag
Australia
692 posts
ActiveOps (AIM: AOM) shares crash as £3.8m contract loss triggers major FY2028 profit warning
ActiveOps' warning about a major customer non-renewal has overshadowed strong first-half SaaS growth, exposing the financial consequences of enterprise customer concentration.
WhiteHawk (ASX: WHK) completes Quixxi acquisition to enter AI governance and cybersecurity markets
WhiteHawk Limited has completed the acquisition of Quixxi, gaining artificial intelligence governance and application security products while taking on the challenge of integrating new technology, expanding enterprise sales and delivering revenue-linked acquisition milestones.
Acrux (ASX: ACR) secures clearer FDA Phase III pathway for female testosterone treatment
Acrux has received formal FDA feedback defining the Phase III clinical development requirements for Female Testosterone MDTS, potentially supporting a future United States registration application while leaving trial funding, safety evidence and commercial partnerships unresolved.
Stakk (ASX: SKK) posts 16.5% quarterly revenue growth after ParaScript acquisition
Stakk Limited has reported A$16.1 million in first-quarter pro forma revenue, establishing an annualised pace above its FY27 revenue objective while leaving the group's earnings forecast unchanged ahead of its next cash flow disclosure.
Kip McGrath (ASX: KME) takeover turns unconditional as Crimson lifts cash offer to 75c
Crimson Consulting Australia has increased its takeover offer for Kip McGrath Education Centres to A$0.75 per share and removed all remaining defeating conditions, prompting the target's board to unanimously recommend acceptance ahead of the 19 October deadline.
Treasury Wine lost A$1.08bn and is now cutting 170 jobs. Is the Penfolds owner finally simplifying enough?
Treasury Wine Estates Limited has eliminated around 170 roles as its new regional operating model takes effect, with marketing, finance, information technology and other corporate functions carrying much of the reduction. The cuts form part of the TWE Ascent transformation, which targets A$100 million of annual savings while the Australian wine group simultaneously concentrates investment behind brands including Penfolds and DAOU.
Electro Optic Systems (ASX: EOS) secures A$700m counter-drone contract with major conditions
Electro Optic Systems has signed its largest contract to date for a nationwide counter-drone defence network in the Middle East, creating a substantial commercial opportunity while leaving export approvals, guarantees and working capital as important conditions.
Southern Cross Electrical Engineering lifts FY27 guidance after A$112m acquisition
Southern Cross Electrical Engineering has agreed to acquire fire protection and mechanical services specialist Entire Operations, expanding its national footprint and lifting FY27 earnings guidance while tying much of the purchase price to future performance.
Cleanaway’s (ASX: CWY) A$9.4bn takeover is still alive, but why has EQT requested more time?
EQT Infrastructure has reaffirmed its proposed acquisition of Cleanaway Waste Management while extending exclusive negotiations until 19 October, leaving investors waiting for a binding agreement.
Australia High Court dismisses MACH Energy appeal over Mount Pleasant coal mine expansion
Australia’s High Court dismisses MACH Energy’s appeal over Mount Pleasant, sharpening Scope 3 scrutiny without permanently banning the expansion.