Daily Roundup

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Alcidion Group Closes Strong Year with Record Cashflow and Strategic Acquisition

Healthcare software company Alcidion Group delivered a solid finish to FY26, posting a record quarterly operating cashflow of $7.7M and full-year cashflow of $6.8M—up 19% from the prior year. The company wrapped up the period with $20.6M in cash and zero debt, positioning itself nicely for the year ahead.

The quarter was bolstered by the completion of Alcidion's acquisition of Kyra flow products from Telstra Health, which brought 31 new customers into the fold across the ANZ region. Looking at the full-year numbers, the company expects revenue around $51.6M with EBITDA exceeding $5.0M. Management notes that Alcidion enters FY27 with strong momentum across existing markets and a substantial book of implementation revenue to work through.

Data Analytics Firm Pureprofile Hits Record Revenue and Margin Expansion

Pureprofile capped off a standout year with record FY26 revenue of $65.0M, up 14% year-on-year, while EBITDA jumped 25% to $6.5M and delivered a healthy 10% margin. The real standout was platform revenue, which surged 74% to $19.3M, reflecting strong client demand for the company's scalable, technology-enabled solutions.

Rest of World revenue grew 20% to $31.6M, while ANZ revenue climbed 8% to $33.4M. The March acquisition of CRNRSTONE helped close a capability gap and contributed roughly $0.6M to FY26 revenue. Pureprofile closed the year with $6.8M in cash and a net cash position of $4.3M. CEO Martin Filz highlighted the company's sustained growth trajectory and strategic focus on technology and international expansion, with plans to drive further market share gains and margin improvement in FY27.

Sun Silver Expands Silver Project with Strategic Acquisition

Sun Silver has moved to consolidate its Maverick Silver Project by acquiring the Bayan Springs North Project and staking an additional 106 lode claims, securing uninterrupted control of a 15km northwest mineralised corridor. The deal with Bayan Mining and Minerals Ltd includes cash payments plus a contingent payment tied to achieving a specific drill intersection.

The expansion is significant because it gives Sun Silver ownership of the entire interpreted mineralised corridor extending northwest from its existing 539Moz AgEq Maverick Silver Deposit. Exploration has already flagged a compelling new corridor with a 2km arsenic-antimony anomaly sitting about 4.5km north of the current mineral resource area. The company's ongoing 2026 drill program is expected to deliver results soon and should help demonstrate the broader scale potential of the project.

Corporate Travel Management Appoints New CEO

Corporate Travel Management has made Ana Pedersen's role as Group Chief Executive Officer permanent, effective 23 July 2026. Pedersen, who stepped into the acting CEO position back in February, brings over 20 years of senior leadership experience in the global corporate travel industry and holds an MBA from UNSW. She'll be paid an annual fixed salary of $1.2M plus participation in incentive programs. The Board expressed confidence in her ability to navigate current challenges and position the company 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 the new closing date now set for 4:00 pm Sydney time on 30 September 2026. No other terms of the offer have changed.