Daily Roundup

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Orcoda Ltd is riding strong momentum with a 23% year-on-year increase in Annual Recurring Revenue to $6.2 million. But here's the real headline: the company just landed a major multi-year contract with Wagner Corporation that kicks in from July 1st, pushing ARR to approximately $14.2 million. That's a meaningful jump. The company generated $630,000 in net cash from operating activities during Q4 and maintains $3.6 million in available liquidity, positioning itself well for continued growth into FY27.

Atturra Ltd delivered FY26 earnings right on target, with underlying EBITDA hitting the $30 to $30.5 million guidance range. Revenue came in slightly softer than expected at $348 to $352 million due to some delayed revenue recognition, but the company made up for it with strong cash generation—pulling in $22 to $23 million in operating cash flow during the second half. There's a catch though: Atturra is taking a one-off non-cash goodwill impairment of $20 to $25 million as challenging conditions in the defence and government sectors weigh on valuations. Looking ahead, management is confident in strong organic growth for FY27, banking on investments in AI, ERP systems, and the Scholarion platform to drive momentum.

Mastermyne Group smashed through its guidance, reporting unaudited FY26 revenue of $237.7 million and underlying EBITDA of $20.3 million—both exceeding expectations. The strong finish was fueled by high strata consolidation activity in the second half. The company's balance sheet looks robust with net cash climbing to $46.5 million from $33.1 million at the end of 2025. Perhaps most encouraging is the order book sitting at $432 million with a pipeline of $1.5 billion in targeted opportunities, including $823 million in near-term prospects. That's a solid foundation for FY27.

Cleanaway Waste Management is making a leadership change at the finance helm. Nigel Simonsz is stepping in as the new CFO effective July 27th, bringing experience from United Petroleum, Sigma Healthcare, and Australian Agricultural Company. Outgoing CFO Paul Binfield, who's held the role for five years, will stay through the first half of FY27 to ensure a smooth handover. On the earnings front, Cleanaway expects FY26 underlying EBIT of approximately $470 million, right in line with the midpoint of previous guidance.

Medallion Metals and TG Metals have struck a deal that could unlock near-term cashflow for both parties. The companies executed a non-binding Ore Processing and Profit Share agreement where Medallion will process approximately 60,000 tonnes of gold-bearing stockpiles from TG Metals' Van Uden Gold Project through Medallion's Cosmic Boy Concentrator. The arrangement allows Medallion to recover its operating costs first, then split any profits 50-50 with TG Metals. Provisional payments will flow after each batch, with final reconciliation based on actual costs and gold sales. For Medallion, this provides additional processing feed for its Early Production Strategy without impacting the development schedule for the Ravensthorpe Gold Project.