Daily Roundup

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Strong Quarterly Performance and Strategic Moves Across the Market

Comms Group Ltd, a leading provider of communications and managed IT services, presented at the Australian MicroCaps Conference, highlighting its diversified business model, strong financial performance, and growth opportunities. The company reported revenue of $56.6 million and gross profit of $27.1 million in FY25, with underlying EBITDA of $5.7 million. Comms Group is targeting annualised revenue of $75 million+ and underlying EBITDA of $9-10 million once the TasmaNet integration is complete, as it pursues organic and inorganic growth opportunities.

Pinnacle Investment Management Group Limited has announced a strategic partnership with Advantage Partners, the largest independent private markets platform in Japan. Pinnacle will acquire up to a 13% stake in Advantage Partners over the next 3 years, aiming to accelerate the company's growth by leveraging Pinnacle's global distribution and Tokyo Century's domestic and international networks. Advantage Partners is expected to grow its FUM from approximately US$3 billion to US$6.5 billion+ over the next 12 months.

Woodside Energy Group Ltd delivered a solid operational performance in the third quarter of 2025, with quarterly production of 50.8 MMboe, up 1% from the previous quarter. The company's Sangomar field continued its exceptional performance, generating $477 million in revenue. Woodside also achieved outstanding reliability of 100% at Pluto LNG and 99.9% at the North West Shelf Project. The company is progressing its global portfolio of growth projects, including the Scarborough Energy Project, Beaumont New Ammonia, and Louisiana LNG, to drive long-term shareholder value.

Codan Ltd reported strong financial results for FY25, with 22% revenue growth, 28% EBIT growth, and 27% NPAT growth. The Communications and Minelab businesses performed well, and the company completed the strategic acquisition of Kägwerks to expand its U.S. defence capabilities. Codan continues to invest heavily in engineering and innovation, with expectations of 15-20% revenue growth in its Communications business for FY26.

Motio Limited, Australia's fastest growing digital place-based media company, has reported stronger than expected Q1FY26 EBITDA results, exceeding $700,000 (unaudited), up over 20% from Q1FY25. Motio has also appointed Justin Kingston as its new Chief Operating Officer to lead the company's commercial and operational growth as it continues to expand.