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Select Harvests (ASX: SHV) trims losses in 1HFY24, expects NPAT of AUD 2.5-4Mn in FY24
November 04, 2024 06:07 PM AEDT| By Team Kalkine MediaHighlights,The food sector is likely to benefit, with CPI rising 2.1% over the past year, driven by increases in alcohol, tobacco, food, and non-alcoholic beverage prices,In 1HFY24, SHV’s revenue fell by 1.6% year-over-year to AUD 67.8 million, but E...

McMillan Shakespeare’s (ASX:MMS) normalised NPATA jumps 38% in FY24; Co highlights potential risks for FY25
October 30, 2024 12:12 PM AEDT| By Team Kalkine MediaHighlights,MMS achieved a 158.5% YoY growth in net profit to AUD 83.5 million in FY24.,In FY24, revenues grew by 11.55% YoY to AUD 525.8 million, driven by growth across all segments (GRS, AMS, and PSS).,Vanguard Group acquired a 5% stake in MMS as o...

Newmont Corporation (ASX:NEM) sharpens focus on tier-1 assets, eyes USD 1.5bn from non-core asset sales
October 29, 2024 01:53 PM AEDT| By Team Kalkine MediaHighlights,Newmont Corporation sold its Akyem operations in Ghana for USD 1 billion as part of non-core asset divestment strategy.,In Q3 FY24, Newmont recorded a 483.5% YoY increase in net income to USD 922 million, driven by higher gold prices and s...

Polynovo (ASX:PNV) expects significant revenue growth in direct markets
October 28, 2024 01:49 PM AEDT| By Team Kalkine MediaHighlight,In FY24, Polynovo's revenue increased by 57.5% YoY to AUD 104.76 million, driven by commercial product and BARDA sales.,The US market saw nearly 49% growth, with USD 1 million in product sales.,EBITDA turned positive at AUD 6.64 million in...

APA Group (ASX: APA) expects EBITDA of AUD 1,960 – 2,020mn in FY25 following Pilbara Energy acquisition
October 23, 2024 03:06 PM AEDT| By Team Kalkine MediaHighlights,In FY24, APA recorded a 7.91% YoY revenue growth to AUD 2,591 million.,In FY25, statutory NPAT increased 247% YoY to AUD 998 million due to the full ownership of the Goldfields Gas Pipeline.,JPMorgan Chase & Co. acquired a 6.88% voting rig...

Neuren Pharmaceuticals’ (ASX:NEU) DAYBUETM gets Health Canada approval for Rett Syndrome
October 22, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,NEUs’ partner, Acadia Pharmaceuticals, received approval from Health Canada for DAYBUE,TM,, making it the first drug approved in Canada for Rett Syndrome.,The company saw a 50% drop in total income to AUD 32.11 million in 1HFY24 due to no...

WEB Travel (ASX:WEB) Faces 44% Stock Decline After Disappointing 1HFY25 Updates, Maintains Ambitious Growth Targets
October 17, 2024 05:22 PM AEDT| By Team Kalkine MediaHighlights,WEB shares declined by 44.86% over the past three months, driven by disappointing 1HFY25 results.,In 1HFY25, WebBeds' total transaction value (TTV) increased by 26% YoY, but revenue was impacted by event cancellations.,WEB remains committe...

Wisr (ASX:WZR) banks on cost management to improve profitability
October 15, 2024 06:49 PM AEDT| By Team Kalkine MediaHighlights,Wisr recorded a 2.07% YoY increase in revenue, reaching AUD 93.80 million in FY24, driven by improved yield metrics.,Cash from operating activities rose from AUD 12.81 million in FY20 to AUD 17.94 million in FY24.,The company aims for 75%...

Superloop’s (ASX:SLC) share price skyrockets over 170% in one year. Here’s Why
October 14, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,SLC recorded a 30% year-on-year increase in its revenue in FY24 to AUD 420.5 million and NPATA surged by 738.5% to AUD 23.5 million.,SLC has onboarded over 130,000 Origin broadband subscribers, with the onboarding of the remaining customer...

Deterra Royalties (ASX:DRR) expands portfolio with Trident Royalties acquisition. Here’s what expected in FY25
October 14, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,DRR's MAC (Mining Area C) asset drove revenue growth, with a 5% YoY increase to AUD 241 million.,The company declared a total dividend of 29.29 cents per share, representing 100% of NPAT.,DRR acquired Trident Royalties plc, making a signif...

Perseus Mining (ASX:PRU) FY24 Performance: Higher gold prices offset lower production
October 08, 2024 02:35 PM AEDT| By Team Kalkine MediaHighlights,Despite slightly lower production in FY24, PRU’s revenue rose 7% YoY to USD 1.03 billion due to higher gold prices.,Profit after tax surged 14% YoY to USD 364.8 million in FY24.,The board declared interim dividend of 3.75 cents per share,...

The A2 Milk Company’s (ASX:A2M) share surges 52% in one year. Here’s Why
October 07, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,A2M shares outperformed the Australian benchmark index (S&P/ASX 200), rising by 52.39%, compared to the index's 17.72% increase in the past year.,The China IMF market declined by 8.6% in volume and 10.7% in value in FY24 and A2M expects fu...

Coronado Global Resources (ASX:CRN) revises FY24 forecast due to mechanical and weather issues
October 02, 2024 03:51 PM AEST| By Team Kalkine MediaHighlights,Increased export demand, particularly from India, is anticipated to boost CRN’s revenues in 2H FY24.,CRN's revenue dropped 10% YoY in 1H FY24 to USD 1,342 million due to lower coal prices, with 96% of revenue coming from metallurgical coal...

Rural Funds Group (ASX: RFF) sees 15% revenue surge in FY24, expects further growth in FY25
October 01, 2024 03:47 PM AEST| By Team Kalkine MediaHighlights,In FY24, RFF recorded a 15.6% YoY revenue growth, primarily driven by macadamia developments,The company's AFFO rose 2.8% YoY in FY24, and it is forecasted to grow by 3.6% in FY25,Macadamia assets expected to contribute 18% of FY25 revenue...

Higher Finance Costs Dent Eagers Automotive’s (ASX: APE) Bottomline in H1FY24. Are bad days over for the company?
September 30, 2024 03:08 PM AEST| By Team Kalkine MediaHighlights,In 1HFY24, APE’s revenue grew by 13.5% YoY to AUD 5,464.2 million, driven by organic, greenfield, and acquisition contributions,APE recorded12% YoY decline in underlying operating PBT due to higher finance costs from increased inventory an...

Will Tabcorp Holdings (ASX:TAH) be able to turn the corner in FY25?
September 30, 2024 02:38 PM AEST| By Team Kalkine MediaHighlights,Tabcorp experienced a revenue decline of 3.9% in FY24 to AUD 2,338.9 million due to weak wagering market conditions.,The company reported a statutory net loss after tax of AUD 1,359.7 million.,Declining inflation, with CPI at 2.7% in Augus...

Telix Pharmaceuticals (ASX:TLX) turns profitable in 1HFY24, eyes over 50% revenue growth in FY24
September 25, 2024 05:43 PM AEST| By Team Kalkine MediaHighlights,Revenue for 1HFY24 was AUD 364.0 million, up 64.9% YoY,Sales of lead imaging product, Illuccix® made significant contribution in half year revenueTLX turned profitable with a net profit of AUD 29.7 million in 1HFY24,The company expects 48-...

Neuren (ASX:NEU) targets over 50% growth in FY24 commercial revenue from DAYBUE in North America
September 24, 2024 03:46 PM AEST| By Team Kalkine MediaHighlights,Neuren Pharmaceuticals is an ASX-listed company, engaged in developing new drug therapies for neurological disorders,In 1HFY24, NEU’s group income fell by 50%, while royalty income increased by nearly 600%,Milford Asset Management Ltd. has...

Four US ETFs with Nearly 20% Returns in Past Year
September 24, 2024 03:07 PM AEST| By Team KalkineHighlights,Unlike mutual funds, ETFs trade throughout the day, reflecting real-time asset values.,AAM S&P 500 High Dividend Value ETF targets major US companies with dividend yields.,Invesco S&P 500 Momentum ETF delivered an impressive 54.41% return...

Atlas Arteria (ASX:ALX) banks on capital management initiatives to boost free cash flow
September 19, 2024 03:08 PM AEST| By Team Kalkine MediaHighlights,Atlas Arteria is an ASX-listed developer, owner, and operator of toll roads,In 1HFY24, ALX’s revenue jumped 10% YoY to AUD 69.6 million,Diamond Infraco 1 Pty. Ltd. has the maximum stake in the company with a shareholding of 25.87%,Atlas Ar...

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