Stocks
Ora Banda Mining’s Sand King Underground Delivers Higher-Than-Expected Gold Yields
February 28, 2025 12:57 PM AEDT| By Team Kalkine MediaHighlights,Sand King Underground ore surpasses gold yield expectations,Early grade control drilling suggests a 19% increase in gold ounces,The mine is on track to achieve steady-state production by June,Ora Banda Mining (ASX:OBM) has received a posit...
Bubs Australia (ASX:BUB) Achieves Strong Growth with 23% Revenue Surge and Profit Turnaround
February 28, 2025 12:54 PM AEDT| By Team Kalkine MediaHighlights,Revenue growth of 23%,to $48.5 million in HY24,Net profit of $3.55 million,, a significant turnaround from a loss,Strong international performance,, led by the USA, China, and other global,Bubs Australia (ASX:BUB) has delivered a strong fi...
Synertec's Strategic Growth and Resilient Performance in FY25 H1
February 28, 2025 12:53 PM AEDT| By Team Kalkine MediaHighlights,Powerhouse division revenue surged by 137%,, strengthening,Synertec's,position in energy solutions.,Strong financial stability,maintained,, with A$7.1 million net cash and cost-saving measures yielding A$2.5 million annualized savings.,Exp...
Altech Batteries Strengthens Ownership in Key Battery Technology Projects
February 28, 2025 12:50 PM AEDT| By Team Kalkine MediaHighlights,Altech Batteries (ATC) to secure a 75% stake in CERENERGY® and full control of,Silumina,Anodes™.,Acquisition simplifies project ownership, accelerating commercialization efforts.,Strengthened capital structure to support future growth init...
oOh!media (ASX:OML) Sees Strong Market Confidence with 35% Surge in Share Price
February 28, 2025 12:47 PM AEDT| By Team Kalkine MediaHighlights,oOh!media,(,ASX:OML,) shares jump 35% in a month, bouncing back from earlier losses.,Company’s,P/E ratio,remains,higher than market average, reflecting investor optimism.,Projected annual earnings growth of 24% over the next three years bo...
Webjet Faces $9M Penalty for Misleading Fare Advertisements
February 28, 2025 12:46 PM AEDT| By Team Kalkine MediaHighlights,Webjet (,ASX:WEB,) fined $9 million for misleading airfare promotions.,Fees were not properly,disclosed,across multiple marketing channels.,The penalty will be recorded as a non-operating expense in the 2025 financial statements.,Australia...
Gold Retreats as US Dollar Gains Strength Amid Tariff Concerns
February 28, 2025 12:45 PM AEDT| By Team Kalkine MediaHighlights,Gold experiences its first weekly decline of 2025 after a strong rally.,US dollar strengthens following tariff announcements from President Trump.,Investors take profits after gold's 9% surge this year.,Gold prices declined as the US dolla...
Endeavour Group Faces Market Pressure Amid Profit Decline and Dividend Adjustment
February 28, 2025 12:43 PM AEDT| By Team Kalkine MediaHighlights,Shares of (,ASX:EDV,) decline,following lower-than-expected earnings.,Economic challenges and supply chain disruptions,impact revenue and profitability.,Dividend adjusted,as pub earnings miss projections.,Shares of (ASX:EDV) saw a sharp de...
Altech Batteries Expands Ownership in Key Battery Projects with $23.3M Deal
February 28, 2025 12:42 PM AEDT| By Team Kalkine MediaHighlights,Altech Batteries (ATC) secures full ownership of the,Silumina,Anodes project and increases its stake in CERENERGY.,The acquisition enhances development and commercialization opportunities for both projects.,The deal strengthens Altech’s po...
Harvey Norman Defies Market Downturn with 4.9% Share Price Surge on Profit Growth
February 28, 2025 12:33 PM AEDT| By Team Kalkine MediaHighlights,Revenue Growth:,Up 6.6% to $2.29 billion,year on year.,Profit Surge:,Reported,profit before tax (PBT) up 41.2%,to,$400 million,.,Dividend Boost:,Fully franked,interim dividend of 12 cents,, up,20%,.,Asset Base:,Total assets hit,$8.25 billi...
Life360 Shares Soar 11% After Posting Positive Full-Year Results
February 28, 2025 12:31 PM AEDT| By Sonal GoyalHighlights,Revenue Growth:,Total revenue climbed,22% to US$371.5 million,, driven by surging subscription sales.,Profitability Spike:,Adjusted EBITDA skyrocketed,121% to US$45.5 million,, beating guidance.,User Growth:,Monthly active users (MAU) rose...
Endeavour Group Shares Slide After Half-Year Results Reveal Profit Decline
February 28, 2025 12:29 PM AEDT| By Team Kalkine MediaHighlights,Share Price Drop,: Endeavour Group shares fell,6% to $4.21,after releasing its half-year results.,Revenue Decline,: Group sales slipped,0.7% to $6.6 billion,, with Retail sales down,1.5%,.,Profit Under Pressure,: EBIT dropped,10% to $595 m...
TPG Telecom Shares Surge 6% On Friday on FY24 Results, Forecasts EBITDA of AU$1.95-$2.025 bn
February 28, 2025 12:26 PM AEDT| By Team Kalkine MediaHighlights,Share Price Boost,: TPG Telecom Ltd (ASX: TPG) shares rose 6% to $4.79 following its FY 2024 financial results.,Revenue Growth,: Service revenue increased by,1.5% to $4.7 billion,, driven by a robust mobile segment.,Profit Performance,: Gr...
XTC Lithium (ASX:XTC) Streamlines Portfolio to Strengthen Focus on Carachi Lithium Project
February 28, 2025 11:54 AM AEDT| By Team Kalkine MediaHighlights,XTC Lithium (,ASX:XTC,) completes divestment of non-core assets for $1 million.,The company prioritizes development of the,Carachi,Lithium Project in Argentina.,Non-core assets in Western Australia and South Korea have been relinquished.,X...
Australian Dollar Faces Sharpest Weekly Decline Since July Amid Market Uncertainty
February 28, 2025 11:52 AM AEDT| By Team Kalkine MediaHighlights,Australian dollar experiences steepest one-day drop of the year.,Market uncertainty and economic concerns drive investors toward safe-haven assets.,Largest weekly decline since July signals shifting investor sentiment.,The Australian dolla...
WhiteHawk (ASX:WHK) Strengthens Cybersecurity Reach with Growth in Revenue and New Contracts
February 28, 2025 11:45 AM AEDT| By Team Kalkine MediaHighlights,Revenue Growth:,15.6% increase in revenue, reaching US$2.1M in 2024.,Contract Expansion:,Secured multi-year agreements, including a US$2.4M renewal.,Strategic Focus:,Advancing cybersecurity talent development with academic collaborations.,...
Vysarn Limited (ASX:VYS) Expands Growth with Strategic Acquisitions and Strong Operational Cash Flow
February 28, 2025 11:41 AM AEDT| By Team Kalkine MediaHighlights,Revenue Growth:,5% increase in revenue, reaching $41.02 million,Acquisitions:,Major acquisitions of,Waste Water,Services and CMP Consulting boost expansion.,Operational Strength:,78% surge in operational cash flow to $14.81 million.,Vysarn...
ECS Botanics (ASX:ECS) Eyes Global Expansion Amid Revenue Decline and Industry Shifts
February 28, 2025 11:39 AM AEDT| By Team Kalkine MediaHighlights,Revenue declined by 16% due to increased competition and regulatory shifts.,Expansion into export markets, product innovation, and cost reductions drive future potential.,Leadership restructuring aims to enhance operational efficiency.,ECS...
Ventia Secures $2.1 Billion NBN Contract for Network Services Expansion
February 28, 2025 11:35 AM AEDT| By Team Kalkine MediaHighlights,Ventia (,ASX:VNT,) secures a,$2.1 billion,contract with NBN (,ASX:NBN,) for network maintenance and customer services.,The five-year agreement covers key regions, including Queensland, New South Wales, ACT, and Tasmania.,The contract inclu...
Jindalee Lithium’s (ASX:JLL) Stock Jumps 11% – Insider Moves Tell a Story
February 28, 2025 11:33 AM AEDT| By Team Kalkine MediaHighlights,Jindalee,Lithium (,ASX:JLL,) surged 11% last week.,Insider sales over the past year occurred at a significantly higher price.,Insiders still hold a notable 36% stake in the company.,Stock Surge and Insider Transactions,Jindalee Lithium (AS...
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