Redox Limited (RDX) ORDINARY FULLY PAID |
Industrials |
$1,470 |
FY24 Results Announcement
|
22 Aug 2024 8:31AM |
$3.280 |
$2.800 |
fallen by
14.63%
|
|
RDX - Price-sensitive ASX Announcement
Full Release
Key Points
- Redox Ltd announced its FY24 financial results.
- Key highlights include strong margins, with gross profit margins ending the year at 23.4%.
- Sales revenue fell 9.6% due to price deflation and weaker demand.
- Net cash position remained strong at $177 million with debt-free status.
- US market showed strong growth with a 36% increase in invoiced sales.
- Two acquisitions were completed, including the purchase of Oleum post balance date.
- Underlining NPATFX increased by 11.4% to $95 million.
- Final FY24 dividend declared at 6.5 cents per share.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Insignia Financial Ltd (IFL) ORDINARY FULLY PAID |
Financials |
$2,267 |
IFL Investor and Analyst Pack and Book
|
22 Aug 2024 8:31AM |
$2.930 |
$3.380 |
risen by
15.36%
|
|
Redox Limited (RDX) ORDINARY FULLY PAID |
Industrials |
$1,470 |
Annual Report to shareholders
|
22 Aug 2024 8:31AM |
$3.280 |
$2.800 |
fallen by
14.63%
|
|
RDX - Price-sensitive ASX Announcement
Full Release
Key Points
- Redox Limited continued to prosper during FY24 despite significant geopolitical and macroeconomic challenges.
- Sales revenue eased by 9.6% as prices normalized post-COVID and supply chain issues persisted.
- Gross profit margin increased by 2.6 percentage points to 23.4%, resulting in a gross profit of $266 million.
- The company achieved an 11.8% increase in proforma basic earnings per share and a 19.1% underlying after-tax return on invested capital.
- Redox declared a final dividend of 6.5 cents per share, totaling 12.5 cents per share for the year, with a payout ratio of 73%.
- Redox's net cash position exceeded $177 million at the end of FY24, providing liquidity for offshore expansion, M&A, and organic growth.
- Acquisitions during FY24 included Optigen Ingredients and Element Raw Materials, enhancing Redox’s product portfolio and market reach.
- Volumes sold were strong, especially in North America, with expansion into new markets like Arizona and Ohio.
- Redox continues to invest in digitalization, particularly through the Redebiz CRM/ERP platform.
- The company achieved an underlying NPATFX growth of 11.4% to $95 million, with an underlying EBITDAFX margin increase to 12.2%.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Naos Emerging Opportunities Company Limited (NCC) ORDINARY FULLY PAID |
Financials |
$22 |
Appendix 4G & Corporate Governance Statement
|
22 Aug 2024 8:31AM |
$0.480 |
$0.300 |
fallen by
37.50%
|
|
The Reject Shop Limited (TRS) ORDINARY FULLY PAID |
Consumer Discretionary |
$248 |
Appendix 4E and 2024 Annual Report
|
22 Aug 2024 8:31AM |
$3.420 |
$6.650 |
risen by
94.44%
|
|
TRS - Price-sensitive ASX Announcement
Full Release
Key Points
- Revenue from ordinary activities increased by 4.1% to $852.736 million.
- Profit from ordinary activities after tax attributable to shareholders decreased by 54.3% to $4.713 million.
- No final dividend was declared for the financial period ended 30 June 2024.
- The company generated EBITDA of $123.0 million and EBIT of $13.8 million.
- The balance sheet is strong with $49.9 million in cash and no drawn debt as of 30 June 2024.
- During FY24, approximately $15.0 million in cash was paid to shareholders via dividends and share buy-back.
- The company opened 17 new stores in FY24 and plans to open 15-20 new stores in FY25.
- Challenges included margin pressure from rising costs and higher shrinkage, impacting profitability.
- The company reinstated its dividend policy to maintain a minimum dividend payout ratio of 60% of net profit after tax.
- Significant changes were made to the merchandise strategy, including launching a Homewares range and expanding seasonal events.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
NAOS Small Cap Opportunities Company Limited (NSC) ORDINARY FULLY PAID |
Financials |
$40 |
Dividend/Distribution - NSC
|
22 Aug 2024 8:30AM |
$0.530 |
$0.295 |
fallen by
44.34%
|
|
Centrepoint Alliance Limited (CAF) ORDINARY FULLY PAID |
Financials |
$72 |
FY2024 Results and Dividend Announcement
|
22 Aug 2024 8:30AM |
$0.300 |
$0.360 |
risen by
20%
|
|
CAF - Price-sensitive ASX Announcement
Full Release
Key Points
- FY2024 results ahead of guidance, 1.75 cent final dividend declared
- Underlying EBITDA of $9.1m was up 20% from the prior period
- Centrepoint Alliance led the market in financial adviser recruitment with 549 authorized representatives
- Successful integration of Financial Advice Matters Group (FAM)
- Launch of IQ Managed Portfolios in an SMA structure
- Upcoming launch of the IconiQ platform
- Estimated EBITDA guidance for FY25 is $10m to $10.5m
- Profit before tax increased by $0.7m to $5.6m
- Net profit after tax increased by $1.5m to $7.8m
- Gross revenue increased by 6% to $288m
- Net revenue to CAF increased by 11% to $36.1m
- Final dividend of 1.75 cents per share declared
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Beacon Lighting Group Limited (BLX) ORDINARY FULLY PAID |
Consumer Discretionary |
$766 |
Dividend/Distribution - BLX
|
22 Aug 2024 8:30AM |
$2.510 |
$3.350 |
risen by
33.47%
|
|
Centrepoint Alliance Limited (CAF) ORDINARY FULLY PAID |
Financials |
$72 |
Appendix 4G and Corporate Governance Statement
|
22 Aug 2024 8:29AM |
$0.300 |
$0.360 |
risen by
20%
|
|
Centrepoint Alliance Limited (CAF) ORDINARY FULLY PAID |
Financials |
$72 |
Annual Report
|
22 Aug 2024 8:29AM |
$0.300 |
$0.360 |
risen by
20%
|
|
Clearview Wealth Limited (CVW) ORDINARY FULLY PAID |
Financials |
$335 |
Dividend/Distribution - CVW
|
22 Aug 2024 8:29AM |
$0.595 |
$0.510 |
fallen by
14.29%
|
|
Cogstate Limited (CGS) ORDINARY FULLY PAID |
Health Care |
$219 |
2024 Annual General Meeting
|
22 Aug 2024 8:28AM |
$1.140 |
$1.300 |
risen by
14.04%
|
|
Evolution Energy Minerals Limited (EV1) ORDINARY FULLY PAID |
Materials |
$4 |
Cleansing Notice
|
22 Aug 2024 8:27AM |
$0.029 |
$0.010 |
fallen by
65.52%
|
|
Cogstate Limited (CGS) ORDINARY FULLY PAID |
Health Care |
$219 |
Cogstate Investor Briefing
|
22 Aug 2024 8:27AM |
$1.140 |
$1.300 |
risen by
14.04%
|
|
CGS - Price-sensitive ASX Announcement
Full Release
Key Points
- Revenue growth driven by clinical trials
- Decline in healthcare revenue due to Eisai contract amendment
- Improved gross profit margins from restructuring and cost management
- Increased EBITDA and EBIT margins
- Strong growth in profit before tax
- Re-acquisition of IP from Eisai
- Opportunities for growth in Alzheimer's disease market
- Promising start to FY25 with significant sales contracts
- Expansion opportunities in CNS diseases and pilot programs outside clinical trials
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Raiden Resources Limited (RDN) ORDINARY FULLY PAID |
Materials |
$21 |
Heritage survey completed at Mt Sholl Cu-Ni-Co-PGE Project
|
22 Aug 2024 8:27AM |
$0.028 |
$0.006 |
fallen by
78.57%
|
|
SECOS Group Ltd (SES) ORDINARY FULLY PAID |
Materials |
$23 |
Appendix 4G and Corporate Governance Statement
|
22 Aug 2024 8:27AM |
$0.022 |
$0.038 |
risen by
72.73%
|
|
Insignia Financial Ltd (IFL) ORDINARY FULLY PAID |
Financials |
$2,267 |
IFL FY24 Financial Results Investor Presentation
|
22 Aug 2024 8:27AM |
$2.930 |
$3.380 |
risen by
15.36%
|
|
IFL - Price-sensitive ASX Announcement
Full Release
Key Points
- FY24 net revenue increased marginally by 0.9%, primarily driven by higher average FUMA from market growth offsetting margin declines.
- EBITDA margin improved to 12.7 bps from 11.8 bps in FY23 due to cost optimisation benefits.
- Net flows in Platforms were negative $1.5 billion, largely due to MLC Wrap migration.
- Asset Management saw a net revenue increase to $205.7 million, with reduced operating expenses due to strategic initiatives.
- Advice segment transformed from loss-making to EBITDA positive, driven by restructuring and divestment of non-core businesses.
- The final FY24 dividend was paused to enhance balance sheet flexibility and fund strategic investments and remediation.
- Significant reductions in operating expenses were achieved, with $68 million in cost savings recognized in FY24.
- FY25 guidance includes further cost optimisation, targeting $60-65 million in net expense reductions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
SECOS Group Ltd (SES) ORDINARY FULLY PAID |
Materials |
$23 |
Appendix 4E and FY24 Annual Report
|
22 Aug 2024 8:26AM |
$0.022 |
$0.038 |
risen by
72.73%
|
|
SES - Price-sensitive ASX Announcement
Full Release
Key Points
- FY24 sales were $14.4 million, down 8.1% from FY23.
- Gross margin increased to 21.5% from 16.5% in FY23.
- Loss before tax was $8.4 million, including a non-cash impairment of intangibles worth $3.6 million.
- Operating cash outflows were $1.3 million in FY24, with a cash balance of $6.1 million as of June 30, 2024.
- The company divested its traditional plastic business in December 2023.
- Significant investments were made in the Malaysian biopolymer plant and R&D equipment.
- The MyEcoBag® products are now sold in over 2,400 Australian stores, leading in compostable bin liner and kitchen caddy sales.
- SECOS entered a new distribution agreement with SM Resinas in Latin America.
- The company launched a new ERP system to improve cost and financial controls.
- SECOS continues to invest in R&D for new sustainable product formulations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Insignia Financial Ltd (IFL) ORDINARY FULLY PAID |
Financials |
$2,267 |
Insignia Financial FY24 Results Announcement
|
22 Aug 2024 8:26AM |
$2.930 |
$3.380 |
risen by
15.36%
|
|
IFL - Price-sensitive ASX Announcement
Full Release
Key Points
- Insignia Financial reported a 13.6% increase in UNPAT from continuing operations to $216.6 million in FY24.
- The company had a statutory net loss after tax of $185.3 million, impacted by remediation provisions and transformation costs.
- Net revenue increased by 0.9% to $1,392.8 million, driven by higher average FUMA and divestment gains.
- Operating expenses decreased by 2.3% to $1,011.5 million due to cost optimization.
- A gross benefit of $71 million from the optimization program was achieved, with a net cost reduction of $24 million.
- The company successfully migrated MLC Wrap to the Expand platform, improving scale and savings.
- Advice business was restructured, turning EBITDA positive and enhancing self-employed adviser partnerships.
- Insignia Financial divested non-core businesses, reducing complexity within the business.
- The company paused dividend payments to strengthen the balance sheet, with no final dividend declared for FY24.
- A strategic review is underway to deliver long-term sustainable growth from FY26 onwards.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Lindsay Australia Limited (LAU) ORDINARY FULLY PAID |
Industrials |
$217 |
Investor Presentation FY2024 Results
|
22 Aug 2024 8:26AM |
$0.940 |
$0.685 |
fallen by
27.13%
|
|
LAU - Price-sensitive ASX Announcement
Full Release
Key Points
- FY2024 overview with key statistics on employees, customers, and unique locations
- Financial performance including underlying EBITDA, EBIT, and NPAT
- Revenue for FY2024 was $804.4 million
- Underlying EBITDA for FY2024 was $92.1 million
- Net leverage ratio stood at 1.16x
- ROIC was 20.2%
- Strong performance in Transport’s metro operations despite disruptions
- Rural segment growth through packaging
- WB Hunter acquisition integrated successfully
- Capital expenditure of $128 million over two years
- Safety and sustainability initiatives including transition to electric material handling fleet and solar implementation
- Outlook for FY2025 includes strategic growth through organic and acquisition opportunities
- FY2024 underlying earnings per share was $0.097
- Full-year dividend per share was $0.049
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Universal Store Holdings Limited (UNI) ORDINARY FULLY PAID |
Consumer Discretionary |
$587 |
Appendix 4E and 2024 Annual Report
|
22 Aug 2024 8:26AM |
$6.340 |
$7.650 |
risen by
20.66%
|
|
UNI - Price-sensitive ASX Announcement
Full Release
Key Points
- Universal Store Holdings Limited reported a revenue of $288.5 million for FY24, a 9.7% increase over FY23.
- The company achieved a gross profit of $173.5 million, with a gross margin of 60.1%, a 110-basis point improvement from FY23.
- Net profit after tax rose to $34.3 million, a 45.7% increase compared to FY23.
- Universal Store opened 10 new stores, completed one major refurbishment, and closed three THRILLS stores, bringing the total number of stores to 102.
- The Group's cost of doing business decreased by 40 basis points to 31.8% of sales.
- A final dividend of 19.0 cents per share was declared, reflecting strong trading performance and solid cash position.
- Group underlying EBIT reached $47.1 million, a 16.6% increase from the prior period.
- The strategic acquisition of Cheap Thrills Cycles Pty Ltd (CTC) contributed $44.4 million in revenue for the full financial year.
- Universal Store's like-for-like sales growth improved from -5.4% in H1 to +6.6% in H2.
- The company continues to focus on sustainable practices, including a commitment to reducing emissions and improving working conditions in its supply chain.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
hipages Group Holdings Limited (HPG) ORDINARY FULLY PAID |
Communication Services |
$114 |
FY24 Full Year Investor Presentation
|
22 Aug 2024 8:25AM |
$1.280 |
$0.850 |
fallen by
33.59%
|
|
HPG - Price-sensitive ASX Announcement
Full Release
Key Points
- Record marketplace activity fuelling top-line growth.
- 15% increase in recurring revenue.
- 11% increase in ARPU.
- Positive free cash flow of $2.1 million.
- Strong balance sheet with $21.3 million in cash and no debt.
- Strategic evolution from marketplace to comprehensive platform.
- Successful launch of hipages tradiecore.
- Increased tradie-homeowner connections.
- Future growth plans include further revenue growth targets and margin expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
Prime Financial Group Limited (PFG) ORDINARY FULLY PAID |
Financials |
$58 |
PFG Appendix 4G & Corporate Governance Statement
|
22 Aug 2024 8:25AM |
$0.215 |
$0.225 |
risen by
4.65%
|
|
hipages Group Holdings Limited (HPG) ORDINARY FULLY PAID |
Communication Services |
$114 |
FY24 Full Year Results Announcement
|
22 Aug 2024 8:24AM |
$1.280 |
$0.850 |
fallen by
33.59%
|
|
HPG - Price-sensitive ASX Announcement
Full Release
Key Points
- Total revenue up 13% to $75.8m with recurring revenue up 15% to $72.1m
- MRR and ARPU both continued to grow strongly, up 13% and 11%, respectively
- EBITDA increased 33% to $16.4m driving a 4 ppt margin increase to 22%
- Inflexion point achieved with positive free cash flow of $2.1m
- Connections up 3% to 2.7m with a record 86% of all jobs connected with a tradie
- Balance sheet liquidity enhanced with cash and funds on deposit of $21.3m and no debt
- The Group expects strong operating results in FY25 with continued revenue growth and further margin expansion
- The single tradie platform (STP) will continue to be rolled out to new customers this year
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
National Australia Bank Limited (NAB) ORDINARY FULLY PAID |
Financials |
$115,457 |
Update - Notification of buy-back - NAB
|
22 Aug 2024 8:24AM |
$36.810 |
$37.700 |
risen by
2.42%
|
|