October 2024

Arovella Therapeutics (ASX:ALA) has recently released its quarterly report, announcing the receipt of a $3.0 million Research and Development (R&D) Tax Incentive refund, with an additional $0.3 million expected shortly. This funding enhances Arovella’s financial position as it advances its lead asset, ALA-101, towards first-in-human clinical trials. CEO Dr Michael Baker stated, “The R&D Tax […]

Beach Energy (ASX:BPT) has successfully commenced gas production from its Thylacine West 1 and 2 development wells, which are now connected to the Otway Gas Plant. This milestone was achieved on 25 October 2024 and signifies a major advancement in the offshore drilling and development program within the Otway Basin. The Thylacine West development wells

Whitehaven Coal (ASX:WHC) has reported a robust start to FY25, driven by gains in its Queensland operations. The company’s September quarter saw a managed run-of-mine (ROM) production of 9.7 million tonnes (Mt), consistent with the previous June quarter. Queensland operations contributed significantly, with ROM production up 11% from June, reaching 5.3Mt. This improvement was attributed

ResMed (ASX:RMD), a global leader in sleep and respiratory care, reported strong results for the first quarter of FY25, with revenue climbing 11% year-over-year to $1.2bn. This growth was driven by robust sales of sleep apnoea devices and a growing presence in the digital health sector. Gross margins improved to 58.6%, as operational efficiencies and

Helloworld Travel (ASX:HLO) has posted strong FY24 financial results, reflecting the ongoing rebound in the travel sector and strategic acquisitions. The company, a prominent travel distribution network operating across Australia, New Zealand, and the South Pacific, saw its Total Transaction Value (TTV) soar to $4.2bn — a 62.5% increase from the previous year. Helloworld operates

Unibail-Rodamco-Westfield (ASX:URW), a leading owner and operator of shopping centres and commercial properties, reported a solid performance for Q3 2024, driven by robust retail sales and increased foot traffic at its key sites. The company recorded a 9.1% increase in turnover compared to the same period last year, with the Convention & Exhibition segment showing

Aussie Broadband (ASX:ABB) has released its first-quarter trading update for FY25, reporting a growth of 22,119 broadband connections, marking a 21% increase from the previous quarter. This expansion has raised the company’s market share of the NBN to 7.60% as of 30 September 2024, up from 7.38% at the end of the previous quarter. The

Echo IQ (ASX:EIQ) has reported notable progress in its quarterly update for the period ending 30 September 2024. The company secured 510(k) clearance from the US Food and Drug Administration (FDA) for its EchoSolv-AS software. This allows Echo IQ to market its technology to healthcare professionals in the United States. The company also announced a

Orthocell (ASX:OCC) has secured $17m in a recent capital raising initiative, aimed at funding the US launch of its flagship Remplir device. The funds will also support expansion into Singapore, Southeast Asia, and Europe, and be allocated to scaling up manufacturing infrastructure and enhancing cost efficiency through automation projects. The Remplir device is designed to facilitate

On Friday, the Nasdaq Composite surged to an all-time high, ending a turbulent week with a strong rally led by tech giants. The Nasdaq rose 1.3%, outperforming other indices, while the S&P 500 gained 0.6%, both reaching new peaks. In contrast, the Dow Jones Industrial Average saw only a modest increase of 0.1%, adding 38