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A Busy Day in the World of Finance

Articore Group Ltd Delivers Strong 1QFY26 Results

Articore Group Ltd has reported a stellar start to the financial year, delivering its first profitable quarter in four years. The company saw an 11% increase in gross profit after paid acquisition (GPAPA) and a remarkable $6.5 million EBIT turnaround. Despite the challenges of inflationary pressures and consumer uncertainty, Articore has stabilized its marketplace revenue decline and is pursuing multiple initiatives to drive profitable growth, including enhancing customer experience, introducing new artist fees, and investing in its Dashery platform. The group's new leadership is clearly making an impact, with back-to-back profitable quarters and positive cash flow positioning Articore well to capture significant upside as demand normalizes.

Beamtree Reports Continued Momentum in Q1 FY26

Beamtree Holdings Limited has delivered another strong quarter, reporting a 9% increase in recurring revenue compared to the same period last year. The company secured a significant clinical coding audit contract for Singapore's Ministry of Health, saw solid demand for its PICQ Audit product, and expanded its Rippledown offering with 4 new Abbott licenses. Beamtree continues to execute its strategic roadmap, with key programs progressing on schedule across international markets. The company's appointment of Stuart MacDonald as a Non-Executive Director further strengthens its leadership team as it drives continued financial improvement throughout FY26.

Evolution Mining Delivers Record Quarterly Results

Evolution Mining has reported another exceptional quarter, setting a new record for net mine cash flow at $366 million and achieving the second-highest operating mine cash flow of $676 million. The company's favourable safety trend continues, with the total recordable injury frequency (TRIF) remaining below 5. Evolution is on track to meet its FY26 production and cost guidance, and its deleveraging efforts have progressed well, with gearing improving to 11% and all bank term loans now repaid. The Mungari mill project is on track for commercial production in October, and the Cowal Open Pit Continuation project is also advancing as planned, positioning Evolution for continued success.

Jumbo Interactive Expands into UK Prize Draw Market

Jumbo Interactive has made a strategic move to enter the rapidly growing UK prize draw market through the acquisition of Dream Car Giveaways (DCG), a leading B2C brand and digital platform. The A$109.9 million deal provides Jumbo with a significant foothold in the UK and the opportunity to leverage its proven technology, marketing, and operational capabilities to support DCG's growth. For the 12 months ended April 2025, DCG generated A$118.2 million in Total Transaction Value, A$36.5 million in Revenue, and A$16.9 million in adjusted EBITDA. The acquisition is expected to deliver double-digit earnings per share accretion in the first 12 months post-completion.

Origin Energy Outlines Plans at 2025 AGM

At its Annual General Meeting, Origin Energy reported a solid financial performance in FY25, with a statutory profit of $1.48 billion and an underlying profit of $1.49 billion. The company's diverse portfolio, including gas peaking plants, battery investments, and the Yanco Delta Wind Farm project, positions it to benefit from the energy transition. Origin's retail business delivered strong organic growth in customer accounts, supported by high customer satisfaction. The company also outlined its progress in preparing the business for a lower-carbon future, with a commitment to its 2030 emissions reduction targets and long-term ambition to be net zero by 2050.