Daily Roundup

Friday, 24th October 2025
Last updated: 21:00

SNL.ASX PLS.ASX WHC.ASX KYP.ASX BOL.ASX

Strong Q1 Results Across the Board

Supply Network Ltd delivered an impressive start to the 2026 financial year, reporting double-digit growth in sales revenue and profit. The company's Chairman highlighted the company's focus on expanding its branch network, investing in technology, and adapting to industry developments to maintain its market-leading position.

Pilbara Minerals also reported a strong September quarter, with a 2% increase in production, a 30% jump in revenue, and a 13% reduction in unit operating costs. The company's robust balance sheet, with $852 million in cash, provides financial flexibility to pursue its growth strategy.

Whitehaven Coal's Q1 results were solid, with managed ROM production of 9.0 million tonnes and equity sales of 5.9 million tonnes of produced coal. The company continues to focus on cost discipline and is on track to deliver $60-$80 million in annualized savings by FY26.

In the tech space, Kinatico Ltd reported impressive SaaS revenue growth of 58% in Q1 FY26, now accounting for 53% of the company's total revenue. Kinatico is focused on capturing the SMB compliance market opportunity while also pursuing the mid-market and enterprise segments.

Boom Logistics, a diversified lifting and project logistics business, expects growth in profit after tax in FY26, driven by the disciplined execution of its strategic objectives and ongoing success in securing tender opportunities across its key segments.

Overall, these leading Australian companies have delivered a strong start to the new financial year, demonstrating their ability to adapt to market conditions and capitalize on growth opportunities.