Daily Roundup

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Spartan Consolidates Ownership of Dalgaranga Tenements

Spartan Resources has executed binding agreements to acquire the remaining 20% interest in a portfolio of exploration tenements at its Dalgaranga Gold Project in Western Australia, consolidating 100% ownership. The $2.5 million acquisition, funded from Spartan's existing cash balance, will provide the company with greater operational flexibility as it progresses a restart decision at Dalgaranga, underpinned by the high-grade Never Never and Pepper underground deposits.

Netwealth Delivers Record FUA Net Flows in Q3

Netwealth Group Limited has reported strong business performance for the March 2025 quarter, delivering record Funds Under Administration (FUA) net flows of $3.5 billion, a 29% increase over the prior corresponding period. Total FUA reached $104.1 billion, up $2.5 billion during the quarter. Netwealth's highly recurring and diversified revenue continues to provide stability and resilience in volatile markets. The company expects its FUA net flows to be seasonally strong in the June quarter and remains confident in its net flows outlook for FY26 and beyond.

Laserbond Delays US Expansion Plans

Laserbond Ltd has announced that its planned expansion into the US market is temporarily on hold due to current economic conditions. The company will focus on optimizing its existing operations and improving profitability in the near term. Laserbond remains committed to its long-term growth strategy and will continue to explore opportunities to expand its global footprint when the economic conditions are more favorable.

Kinatico Reports $16m Annualised SaaS Revenue

Kinatico Ltd has reported strong Q3 FY25 results, with SaaS revenue up 60% to $4.0 million and now comprising 50% of total revenue. Total revenue for the quarter increased 15% to $8.1 million. Kinatico CEO Michael Ivanchenko thanked the company's staff for their efforts in delivering these excellent outcomes while simultaneously focused on the launch of the new Kinatico Compliance solution, which is expected to further enhance SaaS growth.

Aussie Broadband Outlines Strategic Ambitions for FY28

Aussie Broadband is holding its Investor Day, where the company has outlined its strategic priorities and ambitions for the next three years. By FY28, Aussie aims to have group revenue surpass $1.6 billion with EBITDA margins exceeding 12.5%. The company also targets diversifying its revenue, with the residential segment contributing less than 60% of the Group's total revenue. Aussie is aiming for an NBN market share (excluding satellite) of over 11% and is focused on delivering earnings per share (EPS) growth of more than 20% CAGR. The company reaffirms its upgraded guidance for FY25, with Underlying EBITDA expected to be in the range of $133 million to $138 million.