October 2024

Next Science Limited (ASX:NXS), a Sydney-based medical technology company, has reported a 7% dip in product sales for the third quarter of FY24, generating US$4.7 million. The decline follows the restructuring of its Durable Medical Equipment (DME) sales channel. Despite these challenges, the company remains optimistic about future growth, with total year-to-date sales up 5%. […]

Praemium Limited (ASX:PPS) reported a robust start to FY25, with total Funds Under Administration (FUA) increasing by 33% to $59.4 billion as of 30 September 2024, outpacing market expectations. This included a 30% jump in platform FUA to $29.0 billion. Praemium’s Separately Managed Accounts (SMA) continued to be a key driver, contributing $11.9 billion of

Transurban (ASX:TCL) reported a 1.1% rise in average daily traffic (ADT) for the September 2024 quarter, reaching 2.5 million daily trips across its assets. While Sydney and Brisbane saw increases of 1.9% and 1.3%, respectively, Melbourne experienced a 1% decline due to ongoing construction projects such as the West Gate Tunnel and lower container volumes

Mirvac Group (ASX:MGR) has made a strong start to FY25, driven by its residential and industrial segments and a $0.5 billion non-core asset sales program. In its Q1 FY25 operational update, Mirvac confirmed it finalised the sale of its Melbourne property at 367 Collins Street and entered into a $50 million deal for the sale

Viva Energy (ASX:VEA) posted solid sales growth for the third quarter of 2024, with group sales volumes rising by 3% year-on-year to 4.2 billion litres. This was driven by a 3.7% increase in Commercial & Industrial (C&I) sales, bolstered by the company’s Defence, Aviation, and Liberty Rural Group sectors. Convenience & Mobility (C&M) fuel sales

Vinyl Group (ASX:VNL) has announced a major commercial agreement with Songtradr, the world’s largest B2B music licensing platform. This partnership will allow Vinyl Group to manage and sell advertising across Songtradr’s digital portfolio, expanding the scale of Vinyl’s advertising business by up to 20 times. Songtradr’s platforms attract over 20 million unique viewers each month,

The Australian sharemarket declined from near record highs on Tuesday amid a broad sell-off, mirroring a pullback on Wall Street as investors opted to take some profits. At 11:35am, the S&P/ASX 200 is 1.13 per cent lower at 8,250.10. The SPI futures are pointing to a fall of 108 points. Best and worst performers All

To register for Friday’s webinar click here. Nanoveu Limited (ASX:NVU) has announced that EMASS achieved a breakthrough Results in Benchmark Testing for System-on-a-Chip (SoC) Semiconductor Company. This follows Nanoveu’s recent announcement to acquire 100% of EMASS, pending shareholder approval. The testing showed that EMASS’s AI technology significantly outperformed other edge AI chipsets, achieving energy efficiency

The Dow Jones Industrial Average declined on Monday, giving back some of last week’s strong gains as Treasury yields rose and investors anticipated upcoming earnings reports. The S&P 500 dipped 0.18 per cent to close at 5,853.98. The 30-stock Dow fell 344.31 points, or 0.8 per cent, finishing at 42,931.60, ending a three-day winning streak.

Atturra (ASX:ATA), an advisory and technology services firm, reported impressive revenue growth of 36% for FY24, reaching $243.4 million, as highlighted at its Annual General Meeting on 21 October 2024. This growth was bolstered by acquisitions in managed services and HR solutions, which have further diversified the company’s revenue streams. Underlying EBITDA increased by 21%