Daily Roundup

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Audinate Group Ltd Delivers Solid FY25 Results, Positions for Future Growth

Audinate Group Limited (ASX:AD8) has reported its financial results for the 2025 fiscal year, navigating a challenging period with a focus on strategic initiatives that position the company for future growth.

Despite a 32.3% decline in revenue to $62.069 million, Audinate maintained a strong cash position of $109.9 million and announced the acquisition of Iris Studio Inc., a US-based provider of AI-powered, cloud-based camera control solutions. This acquisition is expected to strengthen Audinate's video platform capabilities and accelerate the company's vision for interoperable control and management of audio-visual devices.

The company returned to growth in the second half of FY25, with double-digit software revenue growth. Audinate expanded gross margins, launched multiple new software and cloud products, and delivered a major user interface upgrade to its Dante Controller. The acquisition of Iris has significantly enhanced Audinate's video and control capabilities, aligning with the company's strategic priorities.

Looking ahead, Audinate enters FY26 with a strengthened revenue outlook and clear strategic priorities, including driving ecosystem expansion, delivering integrated solutions, executing the Iris market launch, and evolving the Dante Director platform. The company expects US-dollar gross profit growth between 13% and 15% over FY25, representing 2-3 times the industry growth rate.

New Hope Corporation Delivers Solid Quarterly Performance

New Hope Corporation Limited (ASX:NHC) has reported its quarterly activities for the period ended 31 July 2025, highlighting strong operational and financial performance.

The company's saleable coal production for the 2025 financial year increased by 18.1% year-on-year, while the Bengalla Mine's FOB cash cost (excluding state royalties) decreased by 1.7% to $76.5 per sales tonne. New Hope's underlying EBITDA for the 2025 financial year was $765.8 million, demonstrating the company's ability to navigate market conditions effectively.

Looking ahead, New Hope's forward sales book remains well supported, with the majority of production for the next six months sold. The company will continue to assess various options to return capital to shareholders, noting its significant franking credit account.

REA Group Appoints New CEO, Cameron McIntyre

REA Group Ltd (ASX:REA) has announced the appointment of Cameron McIntyre as its new Chief Executive Officer, effective from 3 November 2025. McIntyre, who joins from CAR Group Limited, brings extensive experience leading digital marketplace businesses.

McIntyre will succeed Owen Wilson, who has chosen to retire from his full-time executive role after almost 11 years with the company, including over 6 years as CEO. REA Group Chairman, Hamish McLennan, highlighted McIntyre's proven calibre and unique experience, including a deep understanding of a business similar to REA, as key factors in his selection.

McIntyre expressed his excitement about joining REA Group, describing it as an inspiring and iconic business that he has long admired. He looks forward to working with the Board and the team to continue delivering growing value for REA's customers, frictionless and engaging experiences for consumers, and excellent outcomes for shareholders.

Fiducian Group Ltd Reports Strong FY25 Results

Fiducian Group Ltd (ASX:FID) has reported a strong financial performance for the 2025 fiscal year, with revenue increasing by 10.6% to $89.37 million and profit after tax rising 23.5% to $18.57 million.

The company's platform administration business saw net inflows of $343 million from its salaried and franchisee advisers, with almost 100% of these inflows invested through the Fiducian platform and in Fiducian multi-manager funds. Funds Under Administration (FUAdm) grew to $4,181 million as of July 2025, up 10% from the FY2025 average, while Funds Under Management (FUM) reached $5,918 million, up 7% from the FY2025 average.

Fiducian Group expects to generate an additional $1.6 million in annualised revenue from the growth in Funds Under Administration and an additional $1.9 million in annualised revenue from the growth in Funds Under Management during the 2025 financial year. The company remains well-positioned to capitalize on the opportunities in the wealth management industry.

AVA Risk Group Secures $0.8M Contract for Detection Systems

Ava Risk Group Limited (ASX:AVA) has secured a $0.8 million contract with Siemens Limited to supply its Aura Ai-X Distributed Acoustic Sensing (DAS) technology for deployment in a major Australian transport infrastructure project.

The contract includes potential for further $0.4 million in variations, and delivery of the sensing systems will occur in Q1 FY2026. Ava Group CEO Mal Maginnis commented that the contract builds on the company's previous success in delivering fibre sensing technology to the Sydney Metro project and reinforces the capability of Aura Ai-X in transport infrastructure applications.

Ava Risk Group is confident of further opportunities across both Australian and international transport sectors for its fibre sensing technology, building on its success in delivering solutions to projects like the Sydney Metro.