Daily Roundup

RUL.ASX DDR.ASX PNV.ASX AVA.ASX 360.ASX

Update on Projected FY2026 Corporate Costs

RPMGlobal Holdings Limited (ASX: RUL) has some good news for investors - the company expects its annual corporate costs to decrease by a substantial $4.5 million to $11.3 million from July 2025. This reduction is driven by lower compliance, software, reporting, and other corporate expenses following the divestment of its Advisory business.

The potential earnings under the FY2025 annual corporate executive incentive pool have also decreased from $1.5 million to $1.2 million after the Advisory sale. Additionally, the annual cost run rate for RPMGlobal's software business is set to drop by $1.5 million from July 2025.

These changes will help streamline the company's operations and boost its bottom line going forward. Investors will be pleased to see RPMGlobal taking steps to enhance its financial efficiency and profitability.

Dicker Data Announces $0.11 Dividend

Dicker Data Ltd (ASX: DDR) has some good news for its shareholders - the company is paying a dividend of $0.11 per share for the quarter ended 31 March 2025. The dividend is fully franked at the 30% corporate tax rate.

Dicker Data is also offering a Dividend Reinvestment Plan (DRP) with no discount, allowing investors to reinvest their dividends and grow their holdings. The ex-date is 16 May, the record date is 19 May, and the payment date is 3 June.

This dividend payout is a testament to Dicker Data's strong financial performance and commitment to rewarding its loyal shareholders. Investors will be pleased to see the company continuing to deliver consistent returns.

PolyNovo's Breakthrough in Cell Therapies

PolyNovo Ltd (ASX: PNV) has achieved an exciting milestone in the field of cell therapies. Its NovoSorb BTM technology has shown promising results in a proof-of-concept study for treating Type 1 diabetes.

The study found that PolyNovo's BTM technology was able to create a vascular bed to support the transplantation of islet cells. This allowed the cells to survive and function for up to 2.5 years in an intracutaneous site, which is easier to monitor and access than the standard liver transplant site.

Two of the three participants in the study showed positive c-peptide levels at 3 months post-transplant, indicating the islet cells were functioning properly. All participants also saw improvements in glycemic control over the 12-month study period.

PolyNovo's Chairman, David Williams, described the results as "very exciting" and believes the technology could create a new business opportunity for the company in the rapidly growing cell therapy market, estimated to be worth $34 billion by 2034.

PolyNovo and its research partners are now in discussions to accelerate the development of this promising technology, which could have a transformative impact on the treatment of Type 1 diabetes and beyond.

Ava Risk Group Secures Major Contract in India

Ava Risk Group Ltd (ASX: AVA) has landed a significant contract with GAIL (India) Limited, one of India's largest state-owned natural gas companies. The A$0.9 million contract will see Ava deploy its market-leading fibre sensing technology along GAIL's 1,104km Kochi-Koottanad-Bangalore-Mangalore gas pipeline.

Ava's Aura Ai-X Distributed Acoustic Sensing technology will be used to monitor and identify threats to the pipeline, such as heavy equipment movement, excavation, and precise fibre break location detection. This will help GAIL better protect this critical national asset.

The contract builds on Ava's long-standing relationship with GAIL, with the company's technology already deployed across multiple operations. CEO Mal Maginnis commented that the contract validates Ava's position as the preferred technology provider for critical infrastructure protection in the energy sector.

This latest win demonstrates the strong demand for Ava's innovative solutions and the trust that industry leaders like GAIL place in the company's ability to deliver reliable and effective security systems.

Life360 Delivers Record Q1 2025 Results

Life360, the leading family safety and connectivity platform, has reported exceptional results for the first quarter of 2025. The company achieved record highs across key metrics, including Monthly Active Users (MAUs), Paying Circles, Subscription Revenue, and Annualized Monthly Revenue.

Life360 started the year strongly, with MAUs reaching approximately 83.7 million, a 32% year-over-year increase. The company also added a record 137,000 Paying Circles in Q1, driving a 32% year-over-year jump in total revenue to $103.6 million.

Despite a more cautious consumer spending environment, Life360's performance underscores the resilience of its subscription-based business model and the growing demand for its family safety and connectivity solutions. The company's focus on balancing strong top-line growth with expanding profitability has positioned it well to succeed in increasingly challenging market conditions.

Looking ahead, Life360 remains confident in its ability to continue delivering positive Adjusted EBITDA throughout 2025. The company is also exploring new revenue streams, such as family financial services, auto insurance, and advertising, to further monetize its large and engaged user base.

With its strong brand, innovative product offerings, and disciplined financial management, Life360is well-placed to capitalize on the substantial opportunity in the family safety and connectivity market.