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Judo Capital reports increased revenue despite competition

Judo Capital (ASX:JDO), an Australian bank specialising in lending to small and medium-sized enterprises (SMEs), has reported a solid year of financial performance, with a notable 9.5% increase in annual revenue for the fiscal year ending 30 June 2024. The bank’s revenue reached $326.6 million, driven by its focused lending strategy to underserved SMEs. Despite […]

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Safe haven or risky bet? Gold struggles to find direction

Gold prices experienced notable fluctuations last week. Starting the week at US$2,722 per ounce on Monday, spot gold saw a rally in Asian and European sessions, reaching US$2,757.80, its all-time highest price, on Wednesday. It then encountered resistance from North American traders, dropping to US$2,710.90 on Thursday, as doubts over the precious metal’s short-term outlook emerged. This

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Arovella receives R&D tax incentive and new advisory board

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

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Beach Energy achieves first gas production from Thylacine West

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

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Whitehaven’s Queensland mines shine amid Q1 FY25 results

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

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ResMed posts double-digit revenue growth driven by sleep device sales

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

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Helloworld reports soaring total transaction value

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

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Unibail-Rodamco-Westfield sees strong Q3 as it sharpens focus on European assets

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

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