Daily Roundup

Thursday, 23rd July 2026
Last updated: 21:00 | Max Version 🚀

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Alcidion Group posts record quarterly cashflow as it eyes strong FY27

Healthcare software company Alcidion Group has wrapped up a stellar financial year with record operating cashflow of $7.7 million in the final quarter. For the full year, the company generated $6.8 million in positive operating cashflow—a 19% jump from the previous year—while maintaining a healthy balance sheet with $20.6 million in cash and zero debt.

The company also completed its acquisition of Kyra flow products from Telstra Health during the period, bringing 31 new customers into the fold across the ANZ region. With FY26 revenue expected to land around $51.6 million and EBITDA exceeding $5.0 million, Alcidion is heading into the new financial year with considerable momentum and a substantial pipeline of implementation work lined up.

Pureprofile hits record revenue and EBITDA milestones

Data and insights company Pureprofile has delivered a strong finish to FY26, posting record revenue of $65.0 million—up 14% year-on-year—alongside a 25% jump in EBITDA to $6.5 million. The company achieved a healthy 10% EBITDA margin, demonstrating improving operational efficiency.

The standout performer was platform revenue, which surged 74% to $19.3 million as clients increasingly adopt the company's scalable, technology-enabled solutions. Rest of World revenue climbed 20% to $31.6 million, while ANZ revenue grew 8% to $33.4 million. The March acquisition of CRNRSTONE contributed approximately $0.6 million to the year's result and helped address a key capability gap in the business. Pureprofile closed the year with $6.8 million in cash and a net cash position of $4.3 million, positioning itself well for continued expansion in FY27.

Sun Silver bolsters Maverick project with strategic land grab

Exploration company Sun Silver has significantly expanded its Maverick Silver Project through a binding agreement to acquire the Bayan Springs North Project from Bayan Mining and Minerals Ltd. The deal also includes staking an additional 106 lode mining claims, securing uninterrupted control over a 15-kilometre northwest corridor that extends well beyond the existing 539-million-ounce silver equivalent mineral resource.

The expansion has already yielded promising results, with exploration identifying a compelling new corridor featuring a 2-kilometre arsenic-antimony anomaly approximately 4.5 kilometres north of the main Maverick deposit. Sun Silver's ongoing 2026 drill program is expected to deliver results soon, with the company well-positioned to demonstrate the broader scale potential of the project.

Corporate Travel Management names Ana Pedersen as permanent CEO

Corporate Travel Management has appointed Ana Pedersen as Managing Director and Group Chief Executive Officer, effective immediately. Pedersen, who has been serving as Acting Group CEO since February, brings over 20 years of senior leadership experience in the global corporate travel industry and holds an MBA from UNSW's Australian Graduate School of Management. She'll receive an annual fixed salary of $1.2 million plus participation in incentive programs as the company navigates current challenges and positions itself for long-term success.

Accent Group takeover offer extended

The offer period for Frasers Group plc's on-market takeover bid for Accent Group has been extended, with a new closing date set for 4:00 pm Sydney time on 30 September 2026. No other terms of the offer have changed.