Daily Roundup

HUB.ASX NST.ASX QOR.ASX BHP.ASX RNT.ASX

Recurring Revenues Drive Record Quarter for Rent.com.au

Rent.com.au Limited (ASX: RNT) has hit a major milestone, reporting its first-ever quarter with revenue exceeding $1 million. This impressive 34% growth compared to the same period last year was driven by the continued strength of the company's recurring revenue streams from its RentBond® and RentPay products.

Recurring revenues now account for a substantial 67% of Rent.com.au's total revenue, showcasing the resilience and reliability of the company's evolving business model. CEO Jan Ferreira highlighted that this shift towards prioritizing customer solutions with strong recurring revenue is a key strategic focus for the group.

With a well-capitalized balance sheet, including $7.5 million in cash, $5 million in undrawn debt, and an additional $1.6 million received in early January, Rent.com.au is well-positioned to support its growth plans. The company remains on track to achieve cashflow positivity by the end of 2026.

HUB24 Delivers Record Inflows and Continued Growth

HUB24 Ltd (ASX: HUB) has reported another stellar quarter, with record Platform net inflows of $5.6 billion in Q2 FY26. This strong performance contributed to record half-year Platform net inflows of $10.7 billion, up 13% on the prior corresponding period.

Total Funds Under Administration (FUA) reached $152.3 billion as at 31 December 2025, reflecting a 26% increase year-on-year. HUB24 continued to invest in innovative solutions and platform enhancements, including the development of a lifetime retirement solution and the showcasing of a prototype for its myhub ecosystem concept.

The company's market-leading position was further solidified, with HUB24 ranking first for quarterly and annual net inflows for an eighth consecutive quarter. It also achieved the largest quarterly and annual market share gains of all platform providers, increasing its market share to 9.3% as at 30 September 2025.

Looking ahead, HUB24 remains committed to investing in its strategy and enhancing its market-leading proposition to drive productivity and efficiency for advisers and their clients.

Northern Star Revises Cost Guidance Amid Higher Royalties

Northern Star Resources Ltd (ASX: NST) has provided an update on its FY26 All-In Sustaining Cost (AISC) guidance, revising it to A$2,600-2,800 per ounce, up from the previous range of A$2,300-2,700 per ounce.

This adjustment is primarily driven by lower gold sales and higher royalties from elevated gold prices, which are expected to add approximately A$40 per ounce to the company's costs. However, Northern Star's FY26 sustaining capital guidance of around A$750 million remains unchanged.

The company will release its December quarter results on Thursday, 22 January 2026, providing further details on its operational performance and the factors impacting its cost guidance.

BHP Delivers Strong Quarter, Raises Copper Guidance

Mining giant BHP Group Limited (ASX: BHP) has reported a strong operational performance in Q2 FY26, setting records across its copper and iron ore assets.

Copper production was in line with expectations, but the company has increased its FY26 copper production guidance to 1,900 - 2,000 kt, up from the previous range of 1,800 - 2,000 kt. This revision was driven by stronger delivery across BHP's copper assets, including record concentrator throughput at the flagship Escondida operation.

In iron ore, BHP's Western Australia Iron Ore (WAIO) business achieved record first-half production and shipments, positioning the company well ahead of the typically wet third quarter. Steelmaking coal production also increased, supported by strong operational performance at the BMA operations.

BHP also announced a US$2 billion infrastructure agreement with Global Infrastructure Partners involving WAIO's power consumption, which will strengthen the company's balance sheet flexibility and support long-term value creation.