Daily Roundup

FID.ASX KME.ASX ACF.ASX DDR.ASX C79.ASX

Fiducian Group settles with ASIC for $7.95 million

Fiducian Group Limited has resolved civil proceedings with the Australian Securities and Investments Commission, bringing an end to a lengthy regulatory matter. The company's subsidiary, Fiducian Investment Management Services Limited, has agreed to pay a combined penalty of $7.95 million, comprising a $7.3 million pecuniary penalty and $650,000 in ASIC's costs. The NSW Supreme Court has approved the settlement, which followed findings that FIMS contravened certain sections of the Australian Securities and Investments Commission Act and the Corporations Act. The company cooperated fully throughout ASIC's investigation and the resolution process.

Chrysos Corporation posts record results and guides higher

Chrysos Corporation has delivered impressive financial results for FY26, with revenue climbing 33% to $88.1 million and EBITDA surging 68% to $27.2 million. The company achieved the higher end of its guidance, driven by strong adoption of its PhotonAssay technology and robust utilisation rates. Sample processing volumes hit a record 11.3 million for the year, up 67% on the prior year, with the company hitting 1 million samples per month for five consecutive months since March. The company signed 24 new lease agreements during the period, bringing total contracted units to 87, and deployed seven additional units. Looking ahead, Chrysos expects FY27 revenue between $100 million and $120 million, with EBITDA guidance of $35 million to $42 million. The balance sheet remains strong with $25.9 million in cash and $140 million in undrawn debt capacity.

Acrow clears regulatory hurdle on AGIS acquisition

Acrow Limited has received Phase 1 clearance from the Australian Competition and Consumer Commission for its acquisition of AusGroup Industrial Services. The deal is expected to close around 31 August 2026, following the regulatory green light. CEO Steven Boland said the acquisition will strengthen Acrow's industrial services platform and expand its presence in key North Queensland resources and infrastructure markets. This comes on the heels of the company's acquisition of Prestons Superdeck at the start of July. Boland indicated the company expects significant growth across key performance indicators in FY27, with more detail to follow when full-year results are released on 24 August.

Kip McGrath charts growth through M&A and platform expansion

Kip McGrath Education Centres has presented an update highlighting its position as the leading K-12 tutoring operator across ANZ and the UK. The company reported FY26 revenue of $30.1 million with a healthy 25% EBITDA margin and net profit after tax of $2.3 million. Operating 433 centres as of June 2026, the company has achieved a nine-year revenue compound annual growth rate of 9%. A refreshed leadership team is driving an operational reset, while the company's KipLearn platform—a cloud-based centre management system—is enhancing service delivery. Management is actively exploring M&A opportunities to add scale and capability, while also focusing on improving unit economics and network growth through performance segmentation.

Dicker Data declares fully franked dividend

Dicker Data has announced a fully franked dividend of 11.5 cents per share, payable on 1 September 2026. The ex-dividend date is 14 August, with the record date falling on 17 August. Shareholders have until 18 August to elect into the company's Dividend Reinvestment Plan, which offers a 1% discount to the reinvestment price based on the average volume-weighted average market price over the preceding 10 business days.