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Mirvac (ASX:MGR) delivers strong Q3 FY22 results; reaffirms EPS
April 28, 2022 01:00 PM AEST| By RitwikaHighlights: Mirvac has maintained its operational momentum during Q3 FY22, despite facing several challenges. As a result, the company could reaffirm its EPS for FY22. The company further expects to deliver better results in the up.....
What's inside Fortescue’s (ASX:FMG) March quarter report?
April 28, 2022 12:53 PM AEST| By Sukriti NairHighlight: Fortescue Metals has achieved record production performance in March 2022 quarter. The company has ended march quarter with senior note offerings and acquisition of Williams Advanced Engineering. FMG share price has appreciated 2.56.....
Adore Beauty (ASX:ABY) shares gain on third quarter results
April 28, 2022 12:49 PM AEST| By Sonal GoyalHighlights Adore Beauty has reported 9% increase in the third quarter revenue. The ASX-listed fashion retailer said that its 47% customers have ordered again in 12 months. Adore Beauty might launch private label products in coming days. S...
Coles (ASX:COL) boosts Q3 revenue; sounds price rise warning
April 28, 2022 11:09 AM AEST| By AshishHighlights Coles Group announced a 3.9% rise in gross retail sales. The retail giant’s supermarket segment faced pressure from floods. Liquor sales revenue rose by 2.9%. Coles Group Ltd (ASX:COL) on Thursday announced a...
Life360 Inc’s (ASX: 360) subscription revenue rises 63% in FY22
April 27, 2022 07:34 PM AEST| By Aditi SahaHighlights With a 43% yoy (year-on-year) increase in paying circles and a 63% yoy (year-on-year) growth in subscription revenue, Life360’s main business is gaining traction. Core Life360 has a global monthly active user (MAU) base of 38.3.....
Actinogen gets upbeat results from Xanamem trial for Alzheimer’s treatment
April 27, 2022 07:28 PM AEST| By Aditi SarkarHighlights Actinogen Medical receives encouraging results for XanaMIA Part A trial for its lead compound Xanamem The results confirm the potential of Xanamem to improve cognition even in a cognitively normal population Xanamem exhibited a good.....
Lynas (ASX:LYC) shares close in red today, here's why
April 27, 2022 06:37 PM AEST| By Bhawna GuptaHighlights Lynas’ shares last exchanged hands at AU$8.86 each, down 1.01% on ASX. Materials was one of the worst-performing sectors today, followed by IT and healthcare sectors. Lynas is a Malaysian firm that specialises in rare earth or...
DroneShield (ASX:DRO) shares in focus on quarterly update
April 27, 2022 06:09 PM AEST| By Sonal GoyalHighlights DroneShield marked 89% rise in revenue compared to 2020. The company recorded 32% surge in the customers and grant receipts. The drone firm has been progressing well across geographies. DroneShield Limited (ASX:DRO) has release...
Harmoney (ASX:HMY) books record quarter loan originations
April 27, 2022 04:25 PM AEST| By SamtaHighlights Harmoney shares are gaining attention on solid quarter results. Group loan book increased 13% on QoQ basis at NZ$627 million for the third quarter. The Group reaffirmed its FY22 guidance and expects Group pro-forma loan book greater...
Dexus (ASX:DXS) shares gain on deal with Collimate Capital
April 27, 2022 04:06 PM AEST| By Bhawna GuptaHighlights The deal includes an AU$250 million upfront cash payment and an AU$300 million earn-out consideration. The transaction is expected to complete during the second half of 2022. Collimate is a wholly owned subsidiary of AMP Lim...
SZL, LBY & AHI - Three ASX tech penny stocks that are down 70% in 2022
April 27, 2022 02:10 PM AEST| By AayushHighlights IT stocks have been hammered this year on account of worries over aggressive interest rate hikes and sky-high valuations. SZL and LBY are two fintech stocks that have gone below AU$1 this year. One should not fall for much-claimed e.....
Here’s why Sayona Mining's (ASX:SYA) shares are trading in red
April 27, 2022 12:00 PM AEST| By Bhawna GuptaHighlights: Sayona Mining’s shares were trading 5.79% lower at AU$0.33 each in the early morning trading session. ASX 200 Index is also trading in red today at 7,239.00, down 1.08%. Sayona's shares have been falling since the company sha.....
Northern Star (ASX:NST) lowers FY22 production from Pogo, shares fall
April 27, 2022 11:44 AM AEST| By Priyanka PayalHighlights: Northern Star Resources Limited has announced its operational and financial results for March quarter of 2022. The company sold 380,075 ounces of gold during the March quarter, resulting in a total sales revenue of AU$937 million. .....
Plenti (ASX:PLT) doubles loan book; how are shares performing?
April 27, 2022 11:14 AM AEST| By AshishHighlights Plenti Group on Wednesday provided a trading update for the quarter ended 31 March 2022. Plenti has seen record loan originations in the March quarter. Plenti also said that it plans to release its full-year results on...
Jatcorp (ASX: JAT) reports strong revenue growth in March quarter
April 26, 2022 07:42 PM AEST| By Aditi SarkarHighlights The ease in pandemic restrictions has put Jatcorp in an excellent position to reap the benefits of investments made since 2020 The company’s gross revenue for the March quarter increased by 25% and 87% compared to the December...
Vulcan’s (ASX:VUL) revenue jumps by 34% in FY22
April 26, 2022 05:20 PM AEST| By Aditi SahaHighlights Vulcan’s overall income grew 34% year on year (yoy) to nearly NZ$700 million in the nine months ended 31 March 2022. Vulcan’s revenue from the steel sector rose by 42% yoy, while revenue from the metal sector increased by...
Bubs’ (ASX:BUB) gross revenue jumps 49% in FY22 third quarter
April 26, 2022 02:18 PM AEST| By Aditi SahaHighlights Bubs has posted a gross revenue of AU$17.6 million in FY22 third quarter. The company has marked a positive pcp growth momentum in all important business pillars: global, domestic and China. With 42.1% of the overall domestic goat m...
Woodside (ASX:WPL) sales spike as global supply shrinks
April 26, 2022 01:41 PM AEST| By Sukriti NairHighlights Woodside Petroleum’s oil production dips for the March quarter. Woodside’s oil and LNG sales volumes increase, along with higher average realised price. WPL achieves significant milestones in the proposed merger with BHP...
BMG, LNU & MCA - Three ASX penny stocks going against the grain today
April 26, 2022 12:57 PM AEST| By AayushHighlights The ASX Small Ordinaries index fell over 2.09% to 3,276 by 12:30 PM AEST. BMG, LNU & MCA are three penny stocks standing firm in a gloomy market. One should not be carried away by lucrative returns from penny stocks and must do .....
MoneyMe (ASX:MME) shares gain on quarterly update
April 26, 2022 12:00 PM AEST| By Sonal GoyalHighlights MoneyMe has marked 141% rise in group’s revenue in third quarter of 2022. It has reported 398% increase on in the gross customer receivables. On 15 March 2022, MoneyMe completed the acquisition of SocietyOne. Shares of Mo...
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