Daily Roundup

HUB.ASX ARB.ASX NST.ASX QOR.ASX BHP.ASX

Strong Growth Across the Board: A Look at the Latest Announcements

HUB24 delivered an impressive performance in the second quarter of fiscal year 2026, with record Platform net inflows of $5.6 billion and total Funds Under Administration (FUA) reaching $152.3 billion. The company's continued investment in innovative solutions and platform enhancements has driven productivity and efficiency for advisers and their clients.

ARB Corporation reported a 1.0% decline in total sales revenue and a 16.3% drop in underlying profit before tax for the first half of FY2026. This was attributed to a weaker Australian dollar and lower factory overhead recoveries. However, the company saw strong export sales growth of 8.8%, with the US market up 26.1%.

Northern Star Resources has revised its FY26 AISC guidance to A$2,600-2,800/oz, up from the previous range of A$2,300-2,700/oz. This is due to lower gold sales and higher royalties from elevated gold prices, though the company's sustaining capital guidance of ~A$750 million remains unchanged.

Qoria Ltd reported record ARR growth of 42% in Q2 FY2026, with ARR reaching $154 million on a consistent currency basis. The company also saw a 20% increase in cash receipts for the half-year and strong growth across its K12 and Qustodio business units.

BHP delivered another strong half of operational performance in the six months ended 31 December 2025, with records set at its copper and iron ore assets. The company has increased its FY26 copper production guidance to 1,900 - 2,000 kt, up from the previous range of 1,800 - 2,000 kt.

Overall, these announcements paint a picture of a diverse and resilient Australian business landscape, with companies adapting to market conditions and continuing to drive innovation and growth.