Daily Roundup

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Strong FY25 for CAR Group, Expects Further Growth in FY26

CAR Group Ltd has reported excellent financial and operational results for the 2025 fiscal year. The company delivered proforma revenue growth of 12% and proforma EBITDA growth of 10% in constant currency, reflecting the strength of its global marketplaces.

Operationally, CAR Group saw 2.3 million vehicles online and 1.3 billion total sessions across its platforms. The company's strategic priorities, including strengthening its core business, extending its marketplaces, diversifying and growing, and driving operational excellence, have underpinned this performance.

Looking ahead, CAR Group expects to deliver further excellent growth in FY26. The company forecasts proforma revenue growth of 12-14%, proforma EBITDA growth of 10-13%, and adjusted NPAT growth of 9-13%, all in constant currency. This growth is expected to be driven by continued momentum across the group's regional segments, including high single-digit growth in Australia and double-digit growth in North America, Latin America, and Asia.

Knosys Reports Strong Q1 FY26 Results

Knosys Ltd has reported a robust performance in the first quarter of fiscal year 2026. The company generated strong quarterly cash receipts of $3.5 million and maintained an Annual Recurring Revenue (ARR) of $9.5 million. Knosys also secured four new Libero contracts and saw positive operating cash flow of $0.6 million, ending the quarter with a healthy cash balance of $3.4 million.

Looking ahead, Knosys will continue to invest in its product development program, primarily focused on the next-generation library management solution, Libero X, with enhanced AI capabilities. The company is also preparing for entry into global markets in FY27.

Acusensus Expands Speed Camera Contract in Queensland

Acusensus Limited has announced an expansion of its existing contract with the Queensland Department of Transport and Main Roads for its Transportable Road Safety Camera Solution. The contract value is expected to total approximately $16.6 million (excluding GST) and will double the number of trailer-based speed enforcement units that Acusensus provides to the department.

The new trailer units will be progressively deployed from November 2025 and throughout 2026, with each new unit to be utilized for an initial term of five years. This expansion of the safety camera program will result in behaviour change across more of the road network, leading to reduced road casualties.

Resmed Reports Strong Q1 FY26 Results

Resmed Inc. reported a strong performance in the first quarter of fiscal year 2026, with revenue increasing by 9% to $1.3 billion, up 8% on a constant currency basis. The company's gross margin expanded by 290 basis points to 61.5%, and non-GAAP gross margin increased by 280 basis points to 62.0%.

Income from operations increased by 15%, and non-GAAP income from operations grew by 19%. Net income for the quarter was $349 million, and non-GAAP net income increased by 15% to $375 million. Resmed expects to deliver strong, sustainable, profitable growth in fiscal year 2026 as it continues to provide access to life-changing care for people worldwide.

Steadfast Group Delivers Record FY25 Results

Steadfast Group Ltd reported a record underlying net profit after tax (NPAT) of $295.5 million for the year ended 30 June 2025, up 17.2%. The company also delivered a 14.2% increase in underlying earnings per share to 26.7 cents per share and declared a fully franked final dividend of 11.7 cents per share, up 14.0%.

The Group's outlook for FY26 is for further growth in profit and earnings per share, despite a lower increase in premium rates in Australia in the first three months of the year compared to expectations. Management is implementing initiatives to address the changing market conditions.

Steadfast also announced the appointment of Vicki Allen as the new Chair of the company, succeeding Frank O'Halloran AM, who is retiring.