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Articore Positioned for Positive EBIT and Improved Cash Flow in FY26

Articore Group has delivered its best fourth quarter in five years, driven by disciplined cost management, supply chain synergies, and a unified 'one business' approach. The company is positioned to continue this positive momentum into FY26, targeting improved EBIT, GPAPA margin, and underlying cash flow.

In FY25, Articore's marketplace revenue was down 10%, but the company achieved significant margin improvements. Gross profit margin hit record highs, and paid marketing efficiency drove further gains. Articore implemented a major restructure, leading to $12-$14 million in annualized cost savings.

For FY26, Articore is targeting a GPAPA margin between 27% and 29%, EBIT between $2 million and $8 million, and underlying cash flow between $5 million and $12 million. The company is focused on unlocking new revenue streams, stabilizing the Redbubble marketplace, and harmonizing its tech stacks to drive future cost savings.

Articore's recent progress and FY26 targets represent a significant turnaround in the Group's financial performance, positioning it to deliver positive EBIT and improved cash flow.

Pro Medicus Reports Record Full-Year Results

Pro Medicus Limited has reported a strong full-year performance, with revenue up 31.9% to $213.0 million and underlying profit before tax up 40.2% to $163.3 million. Net profit grew by 39.2% to $115.2 million, and the company's cash and other financial assets increased by 35.5% to $210.7 million.

The company secured a record $520 million in new contracts during the year, including major deals with Trinity Health, Duly Health and Care, and other leading healthcare providers. Pro Medicus also announced $130 million in contract renewals, demonstrating the strength of its customer relationships.

CEO Dr. Sam Hupert said the year represented a record for the company in terms of revenue, net profit, sales, and implementations. The majority of the new contracts are set to contribute to FY26 and beyond, positioning Pro Medicus for continued strong, profitable growth.

The company's focus on cloud-based solutions and expansion into new areas like cardiology have been key drivers of its success. With a strong pipeline and $210 million in cash reserves, Pro Medicus is well-positioned to maintain its market leadership and deliver further returns for shareholders.

Telstra Divests Majority Stake in Versent Group to Infosys

Telstra has entered a strategic partnership with Infosys, selling a 75% stake in its Versent Group subsidiary. Versent Group, which provides cloud-native and digital transformation expertise, will continue to operate as a standalone business, with Telstra retaining a 25% minority interest.

The partnership with Infosys will unlock value for Telstra, leveraging Infosys' global scale, industry knowledge, and innovation capabilities to accelerate Versent Group's growth. Customers will continue to benefit from Telstra's leading connectivity and Versent Group's local agility, now enhanced by Infosys' global capabilities.

Telstra CEO Vicki Brady said the deal is part of the company's Connected Future 30 strategy to focus on core connectivity and reset its Enterprise business. The $233 million transaction is not expected to result in any material gain or loss for Telstra.

Telstra Delivers Continued Growth on T25 Completion

Telstra has reported a strong financial year, delivering its fourth consecutive year of underlying growth. The company grew underlying EBITDA across its key business segments, including Mobiles, Fixed Consumer & Small Business, and Fixed Enterprise.

Telstra's performance reflects the successful completion of its T25 strategy, which has positioned the company for continued value creation. The company has also completed a $750 million share buy-back and announced an additional $1 billion buy-back, enabled by its earnings growth and strong balance sheet.

Looking ahead, Telstra is focused on its new Connected Future 30 strategy, which aims to cement the company's position as the number one choice for connectivity in Australia. The strategy will see Telstra double down on its core connectivity business and drive further innovation to meet the evolving needs of its customers.

NEXTDC Secures A$6.4 Billion in Senior Debt Facilities

NEXTDC has secured new senior debt facilities totalling A$3.5 billion, increasing its total debt facilities to A$6.4 billion. This enhances the company's financial flexibility and enables it to expedite the expansion of its data centre footprint to meet rising demand for AI and cloud infrastructure across the Asia Pacific region.

The new facilities have a lower margin compared to NEXTDC's previous refinancing and extend the company's weighted average loan maturity profile to 5.6 years. This further strengthens the stability and resilience of NEXTDC's funding profile.

With pro forma liquidity of A$5.5 billion, including the new facilities, NEXTDC is well positioned to confidently deliver on its record contracted capacity pipeline while maintaining its industry-leading momentum. The additional funding will empower the company to accelerate the expansion of its data centre network to meet the rapidly growing demand for cloud and AI services in the region.

Origin Energy Reports FY25 Results

Origin Energy has reported a 6% increase in statutory profit to $1,481 million for the financial year ended 30 June 2025. The company saw strong customer growth, with total accounts increasing by 104,000 to 4.7 million, and made progress on key renewable energy projects.

While underlying EBITDA declined to $3,411 million due to lower earnings in the Energy Markets business, Origin's Integrated Gas division delivered higher earnings, driven by stronger LNG trading results. The company received $797 million in fully franked dividends from its Australia Pacific LNG joint venture.

Looking ahead, Origin expects Energy Markets Underlying EBITDA to be between $1,400 - $1,700 million in FY26, with improvements in electricity and gas gross profit. The company is also targeting further cost savings and is progressing its battery and wind farm development projects as part of its strategy to lead the energy transition in Australia.

Overall, Origin's FY25 results demonstrate the company's ability to navigate the changing energy landscape, with a focus on customer solutions, renewable energy, and reliable energy supply.