Daily Roundup

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Guzman y Gomez Delivers Strong Q1 FY26 Results

Guzman y Gomez Limited (GYG) kicked off the new fiscal year with a bang, reporting impressive Q1 FY26 results. The company's global network sales grew by a robust 18.6%, driven by solid comparable sales growth and the opening of 5 new restaurants worldwide.

In Australia, GYG made great operational strides, including the nationwide rollout of digitized chicken temperature monitoring to enhance food safety. The company also continued to digitize its recipes and procedures as part of the Culinary Excellence program, setting the stage for a Q2 FY26 launch.

Meanwhile, the US segment maintained its sales momentum, fueled by comparable sales growth and the opening of a new restaurant in Des Plaines. Guest experience metrics remained strong, thanks to strong cultural alignment and improved operational execution.

Looking ahead, GYG expects sales momentum to improve from Q1 levels and deliver strong sales growth in FY26 through menu innovation, daypart expansion, operational excellence, marketing, and digital initiatives. The launch of the new Caesar menu items has already contributed to an improvement in comparable sales growth post quarter end.

Netwealth Reaches New Heights with Record Q1 FUA Flows

Netwealth Group Limited, a leading Australian wealth management and technology firm, has reported a stellar September 2025 quarter. Total Funds Under Administration (FUA) reached a new milestone of $120.8 billion, up 26.6% year-over-year.

This impressive growth was driven by record first-quarter FUA net flows of $4.1 billion, excluding pension payments of $0.3 billion. Managed Account net flows also hit a new high of $1.6 billion, up 49.4% from the prior quarter.

Netwealth announced a strategic partnership with FinClear to provide individual HIN data and trading access, as well as the launch of Netwealth Private, a new service tailored for high-net-worth and ultra-high-net-worth clients.

The company reaffirmed its previous FY26 guidance, including FUA net flows in line with FY25 and investment in capitalized software to increase by approximately $1 million on the 2H25 run rate. Netwealth remains in a strong financial position, with a highly profitable business and very high levels of recurring revenue.

PlaySide Studios Extends Meta Contract

PlaySide Studios has secured a 12-month extension of its existing Work for Hire contract with Meta Platforms, continuing its development work on the Horizon Worlds social platform through December 2026.

Management has reconfirmed its expectation that FY26 revenue will exceed the FY25 figure of A$48.7 million, with a reduction in operating costs.

Develop Global Delivers Substantial Value Uplift at Sulphur Springs

Develop Global Ltd has completed an updated Definitive Feasibility Study (DFS) on its Sulphur Springs Zinc-Copper Project in Western Australia, resulting in a significant value uplift.

The updated DFS shows that Sulphur Springs will be technically and economically robust, generating a pre-tax internal rate of return of 59% and free cashflow of approximately A$1.5 billion. The pre-tax Net Present Value (NPV) has increased by a substantial 76% to A$921 million.

Develop now has two projects in Sulphur Springs and its Woodlawn Copper-Zinc mine in NSW, giving the company substantial exposure to the expected upturn in clean energy transition metals markets. The company is confident in the potential to deliver further mine life growth at Sulphur Springs through exploration and increasing the plant capacity.

Fiducian Group Delivers Strong FY2025 Results

Fiducian Group Ltd's Executive Chairman presented the company's consolidated operating performance for the year ended 30 June 2025, highlighting a 23% increase in net profit after tax to $18.6 million.

Despite market volatility, Fiducian's three operating segments - Financial Planning, Platform Administration, and Investment Management - remained resilient, with Funds Under Management, Advice and Administration growing to $14.84 billion.

The company continues to focus on generating inflows through organic and inorganic growth, further acquisitions of client bases, and onboarding of franchised offices. Fiducian is determined to stay committed and focused on building scale and delivering consistent double-digit earnings growth over the long term.