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Clara Venisha
Clara is a Business Reporter for The Sentiment.
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IPO Watch: The Australian Wealth Advisory Group set for ASX entrance
Despite the challenges of COVID-19, Australia’s wealth management market saw a 3% rise, reaching $1.2 trillion in assets (excluding superannuation). Thanks to a resilient stock market, rising asset values, and increased savings, the future looks promising especially over the next five years, according to research by management consulting firm Oliver Wyman. Finance professionals are often
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Harris Technology gears up for Christmas as consumer electronics and household tipped to be among most popular purchases
For retailers, Christmas is a time to significantly boost sales amidst customers hunting for bargains for gift-giving. Monash Business School Research is forecasting a specific surge in online spending for consumer electronics. How Aussies spend money this Christmas may vary due to the rising cost of living, but whether it’s the holiday “ritual” or the
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Linius Technologies sprints into the US college sports with automated game highlight technology
College sports are an integral part of American culture, with many universities having acclaimed athletic programs. Communities often rally behind their local college teams, especially in areas without professional teams, creating a sports euphoria and fandomhood of its own. Seizing an opportunity to join the fervour, Australian video tech provider Linius Technologies (ASX: LNU) has
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HeraMED’s pregnancy monitoring device expands reach to rural GPs and customers via Telstra Health partnership
Making maternity care more accessible to all expectant parents including those in regional and rural Australians, HeraMED (ASX: HMD) has been promoting at-home pregnancy management using its digital monitoring device HeraCARE. Now the Company has levelled up its strategic shift for the device by securing a new Partner Agreement with Telstra Health, expanding its customer
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Anagenics reports steady earnings as beauty, health, and wellness spending remains intact
Despite evolving lifestyles encouraging more thoughtful financial choices, Australians remain committed to investing in premium beauty, health, and wellness products. The nation claims the 10th spot globally with US$84 billion spent on wellness items, while the national revenue in the Beauty & Personal Care market amounts to US$7.22 billion in 2023. Amidst economic challenges, Anagenics
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Mad Paws inches closer towards cash flow positivity as Aussies won’t hold back on pet care spending
With one of the world’s highest pet ownership rates at 69%, Australia’s 2022 national pet survey reveals Aussies spare no expense in caring for their pets, of which they are parting with over $33.2 billion per year for the well-being, including food, grooming, and accessories of their beloved fur friends. Online pet ecosystem operator Mad
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Simble secures new energy system contract with exposure to 15,000 clients across Australia
Amidst corporate engagement with environmental concerns and energy efficiency, the need to elevate sustainability and energy management is on the rise. This has opened up opportunities for companies like Simble Solutions (ASX: SIS), which offer software solutions and consulting services to assist these corporations in achieving Net Zero carbon reporting and improving energy efficiency while reducing carbon emissions.
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Cleo Diagnostics progresses ovarian cancer test kits for US, Australia, and EU markets
Just two months after it first floated on the ASX, ovarian cancer diagnostics company Cleo Diagnostics (ASX: COV).
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IPO Watch: Nido Education eyes ASX debut with vision for 100 centres
Australia’s childcare industry is thriving, with revenue expected to reach $17.2 billion by 2028-29, according to market researcher IBISWorld, driven by government support and extended attendance hours in 2023.
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Adacel secures new $93m air traffic management contract from the US’ Federal Aviation Administration
An ever-dynamic sector eager for constant enhancement, the air traffic control software industry is continually adapting to support the growing global aviation sector.
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Invion expands light-based cancer therapy to South Korea, the world’s top ten clinical study hub
Known for its clinical expertise, infrastructure, high population density, and government support, South Korea has ascended to the pinnacle of global clinical study locations thus has been chosen by life science company Invion (ASX: IVX) as its next destination of exclusive territory in deploying Photosoft technology to treat all cancer types. Ranked second in hospital
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Race Oncology’s cancer drug demonstrates 86% boost in increasing cell-killing activity
“Cancer” encompasses approximately 200 distinct disease types, and finding a single cure for all of them is unlikely. Each type of cancer requires a unique treatment approach, so there isn’t one universal cure. However, a recent study by Race Oncology (ASX: RAC) suggests a glimmer of hope, as its lead drug bisantrene has demonstrated strong
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Spacetalk capitalises on mobile plan and smartwatch stock clearance
Once considered a hindrance to children’s development, technology is now embraced by parents for child safety and supervision. Smartwatches and GPS trackers serve as middle-ground options for those cautious about giving their children smartphones. The child safety smart device sector, particularly those with integrated mobile networks, is a burgeoning segment which contributes to the projected
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Five must-know economic indicators to enhance your investment insight
Investing goes beyond analysing individual company data; it also involves staying informed about the broader macroeconomic factors and conditions that affect the investment landscape. Important economic indicators for Australian investors includes: (1) Interest Rates Interest rates affect the cost of borrowing money. When rates are low, consumers are more open to spend and take on
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Flexiroam remains optimistic to become cash flow positive as eSIM becomes a must-have for travellers
Do you recall the days when getting a new SIM card was a crucial part of our travel adventures? It was a common sight to see travellers desperately searching for a SIM card kiosk upon arriving in a new country, all in an effort to stay connected without facing those dreaded roaming charges. However, in
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Retinal Eye Scanners: Restoring the lost hope for those who have lost vision
The eyes are the windows of the world, but for about one in seven Australians over the age of 50 years, they had no choice but to live with dark, blurry areas in the centre of their vision as a result of a condition called age-related Macular Degeneration (AMD). Being the second leading cause of
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Osteopore and Singapore Government-backed medtech firm joins forces to market orthopaedic products in China
The orthopaedic devices market is a multi-billion-dollar industry in China, particularly due to its large population facing orthopaedic challenges like arthritis, fractures, and sports injuries. Various treatments are growing in demand to improve mobility and reduce pain, and an ageing population with higher rates of osteoporosis is driving industry growth. Recognising the immense potential of
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Innovative insurance provider engages UNITH for digital humans to alleviate industry pains and hold times
Picture this scenario: you’re on hold, hoping to speak with an insurance agent about a policy. It’s been thirty minutes, and it seems like everyone in Australia has chosen this exact moment to make the same call. After finally connecting with someone, they can’t resolve the matter but if you wait another 30 minutes, someone
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Algorae debuts new name with AI modelling partnership with the UNSW
In a promising new chapter, Algorae Pharmaceuticals (ASX: 1AI), formerly known as Living Cell Technologies (ASX: LCT), has debuted its new name in a Memorandum of Understanding (MoU) with the University of New South Wales (UNSW). The MoU outlines a framework for a Master Services Research Agreement (MSRA) between both parties to develop an Artificial
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Freightways gears up for ASX debut to capitalise on thriving Aussie express delivery market
New-Zealand based courier and express delivery company Freightways (proposed ASX: FRW) has had a tough year in its home base operations. The Company had to endure a tight labour market, high labour costs, inflation, and disruptive weather, which raised operating costs and caused disruptions in their courier and temperature-controlled goods businesses. Much like its “Moving
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Different types of interest in the world of business, investing, and finance
While interest rates are a hot topic in finance, their applications extend far beyond the realm of borrowing and lending. So much talk about the topic, but in the world of business and investing, interest takes on various roles. Read more for eight different ways “interest” is applied in the world of financial services, banking
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Genetic Signatures lodges FDA application for rapid test kit to detect intestinal parasites
Gastrointestinal (GI) parasites are a pressing public health issue, affecting both humans and animals. Unfortunately, these diseases often go undiagnosed due to limited awareness among healthcare providers and the lack of available diagnostic tests. In the US, undiagnosed GI cases impact at least 12 million Americans, causing health problems either through new infections or long-lasting
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Understanding inflation and how it came to be one of the biggest pandemic problems
Although the worst of the pandemic is behind us, the aftermath is still causing turmoil in economies across the globe. High energy prices and supply-chain problems coupled with government stimulus and strong household spending have driven inflation to a decades-high inflation rate in Australia. Inflation, which is the rise in prices of goods and services
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Carly reaches 82% increase in subscription revenue as Gen Z’s prefer car subscriptions over ownership
Picture this: you’ve ditched owning a car and paying a fixed lease, and instead, you’re treating cars like you do with Netflix or HelloFresh – through a subscription. Having a car available whenever you need it, with all the costs covered, no more surprise bills for maintenance, insurance, or registration. A commissioned research report suggested
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Zip writes off $170m in bad BNPL debts, but still an improvement on last year
Regardless of the ongoing debates over the financial wisdom of doing so, the fact remains that Buy Now Pay Later (BNPL) services have gained immense traction in Australia. They’ve significantly changed how people shop and pay as more Australians are turning to BNPL, even for necessities. Fueled by the surge, Zip (ASX: ZIP) has revealed
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Keypath Education en route to profitability amidst the pandemic’s online learning boom
While the pandemic presented challenges in face-to-face education, it also spurred the adoption of online learning as the new norm. Universities and education providers embraced digital learning as a profitable long-term solution, benefiting companies like edtech provider Keypath Education (ASX: KED). In FY23, the Company recorded a revenue of US$124.2 million, 4.9% higher than FY22
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Investing basics: All about investing in retail companies in the post-pandemic world
If retail stocks have held your gaze on the ASX, you might have noticed a consistent trend in their full-year reports: decreased income as customers cut back on non-essential spending. Does this signify a lacklustre future for retail? Probably not! Read more of our guide into navigating ASX retail companies before parting with your shares,
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Step One prioritises profitability over growth as customer demand for sustainable wear heightens
As consumers become more discerning, brands have proactively embraced sustainability as their value proposition where heightened demand in sustainable and organic clothing reflects ethical priorities. Innerwear brand Step One (ASX: STP) has harnessed the momentum of sustainability through its range of organically grown and ethically manufactured innerwear for different body types. This strategic focus also
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Adore Beauty catches up on growth in H2 FY23 as beauty consumption remains dear to Australians
Amidst rising living costs and changing consumer preferences, one thing remains constant: people’s unwavering commitment to their beauty and personal care. Despite economic shifts, the desire to look and feel good stands strong as the charm of beauty products remains steadfast, a fact that has carried the performance of Adore Beauty (ASX: ABY). Guided by
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UNITH wins healthcare contract to deploy AI-powered social workers in Europe
In Eastern Europe and Central Asia, a significant portion of the population lives with limited access to healthcare and medication, resulting in higher vulnerability to transmittable diseases. In an effort to make healthcare more accessible to those most at risk, artificial intelligence company UNITH (ASX: UNT) has been engaged by the Alliance for Public Health
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Kogan overcoming pandemic overstocking with transition towards platform business
The surge in online sales owes much to the digital revolution and the closure of brick-and-mortar stores, forever changing the retail landscape. E-commerce platforms serve as the big stage with bustling hubs, infrastructure, foot traffic, and amenities, while individual sellers take the spotlight to cater to their audience. Increased sales with less and less inventory
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1ST Group’s Visionflex lands telehealth deal for aged care community in Western Australia
In times of illness, the last thing you would want to do is to venture out to a clinic packed with other fellow sick individuals. Plus, the idea of enduring lengthy queues for a doctor’s appointment won’t bring any good for your recovery. With technology integrated into the medical field, patients now have greater control
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Investing Basics: Share buybacks, are they good or bad for investors?
Ever peeked into a company’s financial report and stumbled upon the enigmatic term “share buyback”? A share buyback is a company’s way of “flexing” its financial capacity. But what does it really signify? Read more to understand how a company’s share buyback will impact you as a current shareholder or pique your interest as a
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Peppermint lands a $60k contract extension with a Filipino health management organisation
The World Health Organization reports that approximately half of the world’s population lacks access to essential healthcare, and about 100 million people are pushed into extreme poverty due to medical expenses. Nevertheless, an increasing number of fintech firms are working to tackle this problem by simplifying healthcare procedures such as automating payment methods, to create
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UNITH unveils a trio of GPT-powered Digital Humans for public showcase
Artificial Intelligence (AI) company UNITH (ASX: UNT) has ticked off a major development milestone in its 2023 Technological Roadmap with the launch of three digital humans that are integrated with GPT technology. The digital humans are available on UNITH’s website for public demonstration and engagement and were built from a scalable module in the tech
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CurveBeam AI to develop bone fragility scanner with fully underwritten $25m IPO
Artificial Intelligence is a disruptive force in healthcare, revolutionising it through automated medical imaging like X-rays, MRIs, and CT scans. It promises faster, more accurate diagnoses, lowers costs, and enables personalised treatment. AI medical imaging company CurveBeam AI (proposed ASX: CVB) embodies this development, bringing into the table its weight-bearing CT scanner HiRise as it
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Investing Basics: Things to look for during a company’s IPO process
Every upcoming IPO company will provide a comprehensive Prospectus, typically spanning about 150 pages. While understanding the content of which you’re going to put money into matters the most, read more for some crucial information that could really help narrow down your search and make informed decisions during an IPO process! What is an IPO?
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Cynata Therapeutics advances Stem Cell Therapy for rare disease with Phase 2 recruitment underway
If you key in the word “stem cell” into a search engine, results will show they have the potential to treat most diseases (but don’t forget to look for clinically-proven sources!) There also exists an ASX-listed company focusing in stem cell therapeutics, aiming to be the panacea in treating the High-Risk acute Graft versus Host
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Zoom2u’s real-time parcel tracking software advances with two fresh contracts
Ever find yourself eagerly anticipating a parcel that never quite manages to show up on schedule? Amidst the eCommerce and online shopping boom, on average, Australians are ordering 42 parcels per person annually, slightly above the global average of 41. While posties and delivery companies are working around the clock to ensure everyone gets their
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Investing basics: Growth Stocks vs Value Stocks
The dynamic world of investing offers two main strategies most tend to focus on: growth and value. Both strategies offer pathways to potentially reap rewards from the stock market, but most importantly, they have different characteristics and potential risks and gains they entail. Here we have curated some important facts about both offerings, presenting simplified
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IPO Watch: Cleo Diagnostics to go public with ovarian cancer test kits to address 51% survival rate
As diseases continue to adapt, the realm of medical diagnostics must intelligently progress to adeptly combat these changes. Timely interventions and treatments are crucial to improve patient outcomes and survival rates. There are approximately 14 medical diagnostics companies listed on the ASX, striving to pioneer the early detection of new diseases and make significant progress
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Assistive living platform for tech-savvy seniors boosts Careteq’s June quarter growth
Like most developed countries, Australia’s population is ageing. While senior citizens are known to not exactly be technophiles, a research by the Pew Research Center shows that this group is more digitally connected than ever. In Australia, 87% of seniors now find digital services helpful compared to 71% in 2018, influenced by the pandemic where they
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Investing basics: things to look out for in quarterly reports
This week you’ve probably seen an avalanche of quarterly reports flooding the ASX announcement page. We understand that the abundance of information contained in the reports can be overwhelming, especially for novice investors. To help you focus on the crucial details and not be distracted by flashy figures, here are some tips and tricks on
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Orcoda’s transport tech expands to now service Queensland aged care community
Community transport services have a longstanding history of providing valuable assistance to elderly residents, especially in remote areas where taxis, Uber, and public transport are still lacking. It’s why community transport is crucial in helping residents access essential services like shopping, banking, or medical appointments. Soon enough, residents in Comlink’s service area will enjoy a
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Living Cell Technologies latest project targets dementia with cannabinoid-based drug
As of 2022, Australia is witnessing nearly 400,000 individuals grappling with dementia. Dementia is the second leading cause of death in Australia, and if the trend continues, it might just claim the top spot as the leading cause. But that’s not all – two out of three people with dementia are not hiding away in
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Meeting mining companies’ thirst for water pumps: Babylon celebrates cash flow positive streak
In the art of water pump mastery, how does a specialist manage to deliver a second consecutive year of positive operating cash flow? The metals and mining industry is the most significant sector on the ASX, comprising more than 650 companies engaged in exploring, developing, and producing various commodities like gold, iron ore, copper, nickel,
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Investing basics: why do some companies issue quarterlies while others don’t?
Ah, the reporting season. The time to be excited and eagerly anticipate those reports to come out and track company performance. It is fascinating to see how different companies choose to unveil their financial performance. Some we keep a close eye on delight us with their quarterly reports on top of their regular half-yearly and
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Rise of flexible work and ‘bleisure’ travel: Flight Centre upgrades earnings guidance
You might be reading this news piece from your office desk or from a balcony in sunny Italy. It does not matter. Since the COVID-19 pandemic, we’ve seen a rise in flexible working arrangements, and this has had an impact on business travel both from the company and employee perspectives. On the one hand, many
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Melodiol seeks redemption under new name and leadership, starts with a strong June quarter
Three CEOs within 18 months, a serious listing breach, and an ASX censure. It seems like the stars were not so aligned for cannabis manufacturing company Creso Pharma’s past (formerly ASX: CPH), but with a fresh leadership and a recent name change to Melodiol (ASX: ME1), the Company is back to chasing its American and
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Love Group order volume goes up in FY23 as singles across Asia seeks dating services
In the modern digital era, we rely so much on technology for work, education, and entertainment, yet it sort of diminishes opportunities for us to meet people in real-life and form meaningful relationships. This challenge is particularly felt among Gen Z and millennials, who are increasingly feeling the deprivation of romantic connections. However, instead of
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Investing basics: Is it better to invest in stocks, government bonds, or term deposits?
It seems like every investment guru won’t stop mentioning how important it is to not put all your eggs in the same basket; i.e. to diversify your investment portfolio. But as an investor, where is the best place to put your money? Is medium to long-term investments better in the current period of economic uncertainty
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Car subscription services on the rise as Carly reports 83% revenue rise
In the current subscription economy (where everything from movie and music streaming to accommodation are available in the subscription model), even transportation services are joining the bandwagon. Car subscription services are becoming widely embraced especially among the younger demographic (aged 18-24), in which 69% of them would rather enjoy the benefit of having a car
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Story-I sells Apple reseller business in Indonesia, review to assess business viability
In April 2020, the Indonesian government started imposing International Mobile Equipment Identity (IMEI) control regulation to curb the circulation of illegal phones. Phones not bought within the nation will be blocked and will not be able to connect to mobile networks. While individuals with foreign passports will be able to get temporary network access, Indonesian
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DC Two adds Thomas Cyber to its growing cybersecurity expert portfolio
While the majority of Australian offices have now been accessible through the comfort of one’s home, this comes with an implication; the IT team might have to lax the security backdoor a little bit to allow everyone access to their work stuff from anywhere. Then what happens when someone accidentally clicks on a phishing link
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Rising demand for fraud protection sees more businesses turn to Novatti for merchant services
Just two weeks after taking the reins of digital payments company Novatti Group (ASX: NOV), CEO Mark Healy has fronted shareholders to outline his ambitious plans to drive the Melbourne-based fintech’s growth and show why more businesses will shift their digital payment needs to Novatti. In the fast-paced world of payments where a simple tap
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Cann Group poised for growth as demand for locally produced cannabis surges
Australia has made a groundbreaking decision by becoming the first country to legalise the clinical prescribing of MDMA (ecstasy) and psilocybin (magic mushrooms) for the treatment of specific mental health disorders, including PTSD and treatment-resistant depression. Setting Australia apart as the pioneer in adopting psychoactive-based treatments for mental health, as of 1 July, authorised psychiatrists
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ATO tackles high demand during tax season with Prophecy’s customer experience software
We’re fast approaching tax time, which means Aussies need to brace themselves for the great battle of having to wait to speak to the Australian Taxation Office (ATO) should they have any enquiries while lodging their tax return. This is not an exaggeration, though. ATO call centres are said to be unable to meet demand
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Investment basics: June tax loss selling
As we finally arrived on the very last day of FY23, many investors have been selling down some of the ASX shares they hold. But why? If you are early in your investing journey, we have curated some basic terms to grasp a clearer understanding of what might happen if you sell your shares around
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Spenda draws down another $2m from debt warehouse for bump in recurring revenue
To thrive in today’s competitive business landscape, on-demand financing can create make-or-break opportunities for small businesses that need a quick capital injection to seize on opportunities. It’s a need being met by transaction service company Spenda (ASX: SPX) which is seeing an uplift in its B2B lending and financing products. Spenda initially secured a debt
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Can’t handle the heat: Tasfoods sells Shima Wasabi business to clear debt
For wasabi lovers, the intense and pungent flavour is what draws them into taking a bite, and perhaps the burst of excitement and complexity to dishes are what keep them coming back. However, not everyone can handle the heat, and what if you can’t handle them from burning your nose? Same goes for TasFoods (ASX:
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Investing basics: Be an empowered and informed shareholder by understanding your rights
If you just bought some shares in A2 Milk, does having some ownership in the company mean you have a lifetime of milk supply? Are shareholders of allied health company Healthia eligible for discounts on physiotherapy appointments? Though these scenarios are unlikely to happen (unfortunately you’d have to pay full price for your milk), it
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Helloworld acquires Express Travel Group to meet rising demand for budget-friendly travel options
Despite biting cost of living pressures, a recent Travel Trend Forecast revealed that Aussies won’t be cutting down their travel plans in 2023. Instead, they are doing so with an eye on price and more strategic planning to find the best deals and gain flexibility. Out of 1000 respondents, 61% agreed that lowest price is
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Cann Group strengthens position with variation agreement in medicinal cannabis sector
The medicinal cannabis industry in Australia has been rapidly gaining momentum, reaching an estimated value of approximately $245 million in 2022 and is projected to maintain a strong CAGR of 16.71% from 2023 to 2027. While the availability of cannabis for general use remains restricted in Australia, the nation continues to attract cannabis manufacturing companies
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Investing basics: should I invest in small cap or large cap stocks?
When you have a few extra bucks on hand to start investing, would a dividend-paying famous multinational company which your investor peers often talk about entice you, or would you rather allocate it to a quiet small cap company that maintains solid financials and constant growth while simultaneously offering great future prospects? While there will
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Comms Group secures 5-year enterprise communications deal with Vodafone Business
Email has been a mainstay of business life for years, but with the advent of Covid-19 and the widespread adoption of remote work, the work-from-anywhere model has become the new norm, thus skyrocketing the demand for these multiple enterprise communication tools to cater to the evolving needs of remote teams. An opportunity not to be
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Atomo lands $2.1m deal to supply HIV self-test kits for European distribution
Roughly two months after securing a supply order for HIV Self-Test kit for the South African market back in April 2023, medical diagnostics company Atomo Diagnostics (ASX: AT1) has further bolstered its project portfolio through an exclusive supply agreement with UK-based Newfoundland Diagnostics. This agreement focuses on HIV rapid testing in the European market. HIV
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Bailador Technology sells telehealth platform InstantScripts to Wesfarmers for $135m
In the post-pandemic world, home-based medical tests and remote healthcare consultations are becoming the preferred method due to it being relatively effective (say bye to hours of waiting time in clinics!), and accessible. This is especially true for those located in rural areas, where telehealth is becoming a new norm that will continue to change
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Understanding artificial intelligence: 10 terms all investors need to know
Most investors already have exposure to AI, as many Australian public companies are either using AI or are actively looking to invest in or grow their business by incorporating AI. Deloitte’s survey reveals that 94% of business leaders believe AI will be crucial for success in the next five years. Goldman Sachs predicts AI could
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Volpara teams up with BreastScreen Victoria to implement AI imaging for breast cancer
As medical technology continues to advance, digital imaging is now a staple for image interpretation for cancer diagnosis, especially in finding potential abnormalities that aren’t visible to the eyes as well as evaluating the extent of the disease. Breast cancer software company Volpara (ASX: VHT) is among those that offers what it takes to meet
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Synlait receives permit renewal to supply baby formula to the Chinese market
China has emerged as a hotspot for baby formula export from Australia and New Zealand. Imported baby formula holds a significant 56% share of the total market, making it one of the leading export commodities from both countries. These imported formulas will be valued at an estimated US$32 billion by 2023, according to Euromonitor, driven
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Chimeric’s cell therapy drug moves on to Phase 1B trial to treat malignant brain cancer
In 2020, the Department of Health and Aged Care revealed that approximately 2,000 Australians were diagnosed with brain cancer. New cases of brain cancer are increasing every year and Glioblastoma, the most common, complex, treatment-resistant, and deadliest type of brain cancer, accounts for 45% of all malignant brain tumours. On a global scale, it is
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The US debt ceiling explained and how it will affect Australian investors
The US Government is battling with potential economic commotion as they hit the debt ceiling and here’s how it will affect investors in Australia. Even though it is occurring on the other side of the world, the impact of the US debt ceiling is expected to affect the Australian market, both directly and indirectly while
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Rising demand for AI capabilities send NVIDIA into $1Tn club, here’s the ASX semiconductor companies to watch
Last week, the NASDAQ reached its highest level since August 2022 thanks to immense growth in Artificial Intelligence (AI) and associated NASDAQ-listed companies. The combined market value of tech companies listed on the NASDAQ Composite index stood at US $22 trillion, up from US$18 trillion at the end of 2022 with the AI-driven rally contributing
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Cipherpoint secures major SOCaaS deal in response to Australia cyberattack emergency
The Australian cybersecurity landscape is currently at its state of volatility. The increase in ransomware as a service to the nation’s largest corporations, a growing number of compromised business emails, unaddressed vulnerabilities, and security backdoor possibly due to transition to work from home setting makes businesses of all sizes and industries prone to substantial risks.
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Investing 101: Exploring stock exchange and dynamic indices in Australia
Our previous articles such as the ones about managing securities transactions and different types of capital raises might have helped upping your game in investing literacy, but to be a truly proficient investor, it is also crucial to understand the relationship between the stock exchange and indices. Understanding these two mechanisms that drive investment decisions
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UNITH confirms digital human has been deployed to a Big 5 Tech company’s European operations
Once there had been a traditional notion that Artificial Intelligence (AI) requires sophisticated processing power and can only be deployed by multimillion dollar businesses, but no – it’s a fallacy. This myth has been debunked by AI company UNITH (ASX: UNT) which is on track to launch the new version of its Digital Human platform
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PlaySide signs deals with UK-based developer to publish survival game Dynasty of the Sands
In a world where imagination knows no bounds and technology has enough power to support it, gaming continues to grow as a cultural phenomenon that captivates 3 billion players worldwide of all ages and backgrounds. Popular game genres tend to alternate with whatever happens to catch the eyes of gamers at that time. First-person shooters
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Consumers reduce fashion spending and City Chic didn’t make the cut
Built up savings during the pandemic contributed to an 18-month period of robust growth in early 2021 for online fashion but the fall from those highs have since brought online retailers to their knees. Inflationary pressure, reduced discretionary spending and depressed customer sentiment carried over to 2023 have pushed the fashion industry over the edge.
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Investing 101: Types of capital raises and their eligibility criteria
Australia’s vibrant business landscape offers great potential for companies in almost all sectors and industries to grow. With a robust economy and a supportive investment climate, most Australian companies have leveraged different avenues to secure funds for their ventures through capital raises. Capital raisings come in a variety of different formats. Whether it’s accessing public
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Digital wallet users double in past three years as Novatti lines up $15m sales pipeline for digital payment products
“Cash or card?” Just like millions of Aussies who opted to “bring their phone and no more” on a daily basis, you’ve probably lost count of how much you have tapped your phone or card. According to the Australian Banking Association (ABA), Australia’s shift to digital banking is accelerating, with the number of people leaving
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Cettire sales show luxury goods to be inflation-proof as sales sparkle through April
Is there any industry that still thrives amidst the pandemic, mortgage pressures, inflation and rising cost of living? While setbacks and economic downturns affected almost all business areas during the pandemic, the luxury goods market has oddly been inflation-proof, being one of the fastest industries to bounce back in 2021 to pre-COVID-19 heights as the
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Profits flowing as diversification delivers an upgrade for water manager Vysarn
While Australia makes the driest inhabited continent in the world, finding an adequate supply of water is an essential part of running the daily operations of 800 mining sites across the country. Historically, the water used in mining sites contains high amounts of toxins, which other than creating a significant volume of wastage also negatively
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Investing basics: CHESS accounts vs Custodial accounts
As an investor in the digital era, we are exposed to many choices when it comes to managing our securities transactions. The competitive broker market itself presents a multitude of product variations at different price points, ranging from high service over-the-phone brokers to online neobrokers which strive to offer the lowest fees as possible. In
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Bubs Australia founder and CEO forced out for alleged failure to comply with board directions
Just a month after Bubs Australia (ASX: BUB) announced that executive chairman Dennis Lin would be removed from the business, the baby milk formula company announced another shake up of its executive line up. Perhaps a foreseeable one, this time founder and CEO Kristy Carr was terminated from her position with immediate effect due to
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The Original Juice Co signs distribution deal to juice up Asia
A nutritious morning staple that has been around since the 1900s, orange juice has surely earned its place on breakfast tables almost everywhere around the globe. This has prompted juice manufacturers like The Original Juice Co (ASX: OJC) (formerly the Food Revolution Group) to maximise commercial opportunities on a global scale, particularly Mainland China which
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How does the RBA cash rate affect me? Understanding the basics
It is almost impossible to not notice that recently (or every so often before then), the recurring theme of “cash rate increase” or “RBA rate rises” are all headlining Australian business and economic news. While it might be hard to digest how all of this impacts the Australian economy, we have put together a summary
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Retail veterans win key investors support to takeover Best & Less at discounted offer
It’s common for growing and thriving companies to attract potential suitors who want to acquire their success as Best & Less Group (ASX: BST) has achieved this through an unsolicited offer from institutional investors Ray Itaoui and Brett Blundy. However, while target companies are normally acquired at a premium, Best & Less will receive less
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Demand rising for Family Zone’s parental control app with fears around unwelcome sexual contact
According to The Australian Institute of Family Studies, 97% of households with children aged under 15 years have access to the internet, with an average of seven devices per household. While the internet offers endless opportunities for kids to learn, explore, connect, and be exposed to the technologies that will be useful in later life,
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Harris Technology’s strategic review paying dividends as margins rise amid international expansion
Despite the struggles faced by reduced consumer spending in response to interest rate pressure in Australia, online retailer Harris Technology (ASX: HT8) has played a steady hand through the economic headwinds and is now reaping the benefits via the inventory initiative that commenced 12 months ago, driving sales margins to recent period highs and sustainable
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Cashed up, UNITH marches towards launching Digital Human self-service platform
From impressive development milestones that delivered a successful capital raise, artificial intelligence (AI) company UNITH (ASX: UNT) kicked critical goals across the March quarter in their path towards commercialising their self-service Digital Human platform which will allow any business owner to employ a digital human that comes without the baggage of traditional labour hire. Importantly
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Singles lining up for matchmaking as Love Group consultations rise
With so many missed opportunities during the pandemic, most singles now think it’s the right time to reassess their priorities and fight harder – to find serious committed relationships. Navigating the choppy waters of finding love can indeed be daunting, so this is where dating service providers like Love Group (ASX: LVE) come in handy
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Michael Hill to acquire Bevilles for $45m to tap into mid-market jewellery
As revealed by more and more media publications, the recurring trend in the diamond revolution among Gen-Zs and Millennials revolves on their reluctance to drop big money on diamond jewelleries, considering high costs of living and other financial pressures. With this, jewellery companies like Michael Hill International (ASX: MHJ) had to do its best to
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Control Bionics and Deakin Uni collab will soon launch the world’s first mind-controlled wheelchair
For wheelchair users, comfort, safety and ease of use would be the top three priority features when it comes to finding the perfect wheelchair. Now, imagine if there soon will exist a groundbreaking feature that will take wheelchair tech to the next level; that is independence. Applications of this feature are already visible on the
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UNITH sets plan to offer digital humans that work for free under 2023 roadmap
Known for facilitating corporations, including a Big 5 Tech company, in implementing real-time interactive digital avatars with humanised responses, artificial intelligence company UNITH (ASX: UNT) has big plans to introduce its Digital Human platform to a wider market under a freemium model. It follows the footsteps of companies like Grammarly, Spotify, Canva, and many more
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Bull markets and bear markets: Why are these significant for newbie investors?
Some stock market jargons can sound pretty foreign to beginner investors, yet they shouldn’t be missed out when trying to understand how the market performs. One of the phrases that can often be found on stock market news is the “bullish” vs “bearish” market. These terms can be applied to any financial market, such as
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Latitude refuses to pay ransom demand, 14 million customers with stolen data in limbo
A vicious cycle that no one can seem to break free of once they are looped in, we have seen how ransomware shattered Medibank last year. Refusing to pay, it ended up having to lifelessly see the hackers releasing private customer medical records to the dark web. Unfortunately, history has repeated itself, this time upon
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GenusPlus bags another mining giant with $30 million contract
The stars are very much aligned when it comes to the relationship between power and communications infrastructure provider GenusPlus (ASX: GNP) and the ASX mining giants. After securing a $30 million powerline contract with Fortescue Metal Group (ASX: FMG) in December 2021 and $15 million substation contract with Fortescue Future Industries (FFI) around the same
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Atomo Diagnostics expands HIV self-test kits to South Africa as HIV rate hikes
Ranked fourth among countries with the highest HIV prevalence in the world, there were about 7.5 million people living with HIV in South Africa in 2021, and the number keeps growing. Subsequently, the HIV test market in South Africa is also growing as HIV testing initiatives have been implemented to increase access to testing and
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Quickstep bags Carbonix UAV contract worth $2.3m as pandemic recovery continues
Having been unheard of until the last few years, now Unmanned Aerial Vehicles (UAV) have skyrocketed in demand and popularity, mainly because it can stay aloft for many hours without having to rely on a human pilot to fly it. Widely used in diverse sectors from agriculture and law enforcement to healthcare and search and
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The ASX listed biotech companies making their mark in oncology
Balance sheets don’t tell the whole story. This is especially true for biotech companies where pre-revenue businesses can still be worth billions of dollars with the innovative medicines they are creating. On a macro level, biotech companies outperformed the S&P 500 and both pharmaceutical and medtech sectors in terms of total returns to shareholders overRead MorePublic
Are offices even required to run a business? Adslot goes remote to reduce cash burn
Once upon a time, having a nice view among city office skyscrapers was seen as the height of productivity and professionalism, a symbolism of the company’s success. Working remotely was a rare occurrence until COVID hit, but now there’s no looking back. Technology to accommodate completely remote teams has advanced so much now to the
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UNITH upgrades network for digital humans to service customers worldwide, 24/7
Living up to its popular qualities, digital humans have clear advantages when it comes to cost, customisability, scalability, automation and effectiveness. Cited in research published in Harvard Business Review on digital humans, “Once ‘hired’, they never tire, never complain, never seek a raise, and always follow company policy”. More and more companies look forward toRead MorePublic
Investors return to value, XJO to rise
The XJO is expected to open higher this morning following another night of indecisive trading in the U.S which saw their market finish marginally higher after giving up almost all their intraday gains. Their futures also sit in the green. Our market continues to track sideward at the bottom of the range along key support
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X2M expands Asia footprint with contracts to improve water quality in China
Two weeks after successfully booking several government contract renewals in South Korea, Aussie tech company X2M Connect (ASX: X2M) has signed three new contracts in China with its long time client LianQing to supply water quality sensor hardware and related accessories. Valued at a total of approximately $1.8m, these contracts will bring the total China
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Investing basics: Why you should consider ETFs
If you are keen on passive investing but not keen on making risky investments (aka stock picking in the current environment of heightened volatility), then ETF stocks might be the perfect and safer vehicle to kickstart your passive investment journey. That’s because ETFs allow investors to buy large groups of shares through a single investment.
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Novatti Billpay launched in 6 new countries, expanding the successful ChinaPayments business
As one of the preferred digital payment options for Chinese nationals to pay bills in Australia, ChinaPayments is expanding. But to better reflect its global reach, fintech company Novatti (ASX: NOV) has launched the product in 6 new countries under their Novatti BillPay platform. Novatti BillPay is an extension of Novatti’s ChinaPayments service that saw
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UNITH’s latest GPT integration demonstrates 100% answer accuracy from digital humans
Making a big splash in the world of machine learning, ChatGPT can be crazy good. But still in its infancy, it is painfully inaccurate and misleading at times based on its inability to authenticate sources while scraping data across the entire internet. Having identified these issues for several years, artificial intelligence company UNITH (ASX: UNT)Read MorePublic
After a two-year hiatus due to trading suspension, Apple reseller Story-i is making a comeback
The past two years were not fruitful for Apple lifestyle store Story-i (ASX: SRY, formerly Pine Capital Limited), in fact they were pretty gloomy. The years were blemished by an ASX suspension on its shares, hence missed opportunities and accumulated a plethora of ASX queries alongside some failed capital raises. However, things are about to
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Latitude cyberattack impacts 328,000 customers, personal info and identity documents stolen
The avalanche of cyber attacks has been a trending topic in Australia in the past year, making businesses increasingly vigilant.Not even giant corporations like Optus and Medibank, have immune to it. Unfortunately it happened again, with financial services provider Latitude Financial (ASX: LFS) making it into the headline this time. The Company has detected unusual
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Scout Security partners up with Windstream to make smart home cameras accessible in rural areas
There is nothing better than feeling safe in your own nest, and having security cameras as extra pairs of eyes and ears around the property surely helps. The problem is, most security cameras rely on internet connection for real time monitoring, which excludes those who are living or working in low bandwidth areas to access
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Soaring in South Korea, X2M’s smart meter tech bags $3.3m in contract extensions
Internet of Things. Our daily lives have never been easier thanks to the invention of super-cheap and micro-sized processors combined with easily accessible wireless networks that coined the term Internet of Things (IoT). Baby monitors, robot vacuums, smart watches, smart security cameras to name a few, all can be controlled with just one tap on
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After its past project fell into a slump, Douugh hopes its super app project will jump
After two “remarkable” attempts at business expansion, with one landing in hot water with the ASX while the other one completely flopped, shares in wealth management app Douugh (ASX: DOU) remains confident that the glass is still half full because hey, they say third time’s a charm. The Company claimed that its super money app
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IMEXHS seals the deal with Colombia’s fifth largest health insurer
As medical devices now have increased in demand for homecare, preventative treatments, and early diagnosis, it is no longer applicable strictly to the hospital diagnostic and treatment settings, but also other areas of healthcare such as health insurance. Thanks to this, medical imaging software and radiology company IMEXHS (ASX: IME) has secured another deal in
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Harris Technology hits inventory reduction milestones, household sales ramping up
Aussies might tighten their belts as the cost of living continues to hike, but there are certain items they can’t (and won’t) stop buying, even when the budget is tight. To name a few; household goods like cleaning supplies, car care, or stationary are essential to all households and driving profits for eCommerce company Harris
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Horror pandemic ride comes to a stop as Ardent theme parks see highest ticket sales in 6 years
Two years of generating hundreds of millions of dollars of revenue, yet ended up with net loss after tax. The past two years of pandemic has been a bumpy roller coaster period full of terror for Ardent Leisure Group (ASX: ALG) but the ride is now turning for shareholders. As more people come back to
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Lovisa sales surge as demand for affordable fashion takes store network beyond 700
They say diamonds are a girl’s best friend, but higher cost of living and slower growth in discretionary income might hinder young Australians into spending so much on high-ticket fine jewelleries. Instead, they have been seeking alternatives in affordable fashion jewelleries that of course, require far less commitment than buying real diamonds. For fashion jewellery
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ChinaPayments transaction volumes rise 50% in 10 days as international students rush back to Australia
This week marks the first week of university orientation in major universities across Australia. Among these new students experiencing first day jitters and excitement are more than 40,000 Chinese students who have touched down on Australian soil. Observing opportunities to facilitate and simplify the way these students contribute to the Australian economy, digital payments specialist
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UNITH performs successful ChatGPT integration into Talking Head platform
Many have expressed skepticism about natural language processing generative artificial intelligence (AI) ChatGPT, fearing that it will know more things than humans and will change daily lives forever. But, instead of worrying about the future, AI company UNITH (ASX: UNT) would rather focus on the present by seizing available commercial opportunities from ChatGPT via integrationRead MorePublic
Tyro settles class action lawsuit following 2021 terminal outage saga
Two years have passed, but the Tyro (ASX: TYR) saga might still be one of the most memorable incidents that headlined the digital payments industry. For those who can’t recall what happened, payment terminals issued by Tyro experienced a 2-week outage in the busy new year period of January 2021, resulting in both financial and
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Corporate Travel Management swings $25m profit, exceeds pre-pandemic levels
With most countries finally open to tourism again (even the most restrictive ones like Japan), your next office trip might be happening sooner than you thought. Imagine how many Australian companies are planning to have their long-awaited team bonding vacation or business trips now. Probably they all will need a corporate travel coordinator, which makes
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Acusensus scores fifth government project with trailer-based speed camera solutions
After successfully securing high-calibre road safety projects with the ACT and NSW Governments, road safety technology company Acusensus (ASX: ACE) is now ready to hit regional Queensland roads with trailer-based transportable speed camera solutions. This will be Acusensus’ third smart city tech project deployed in Queensland after previously operating mobile phone and seatbelt safety technology
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Cirrus Networks bounces back to profitability as cybersecurity demands in Australia rise
We don’t want to keep bringing up what happened last year to Optus, Medibank, or Telstra, but the cyber threat in Australia is real. According to IBM Global managing director Charles Henderson, Australia and the rest of Asia are being increasingly targeted for cyberattacks, and the average cost of each cyber breach in Australia, reached
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Skyfii delivered Impressive Q2 FY23 results with positive cash flow and new contract lineups
We’re just halfway through FY23, but it seems that the performance of Skyfii (ASX: SKF) has been a roaring success so far with several impressive achievements under its belt. After notably securing technology deployment contracts with McDonalds and major airports around the world not too long ago, the omnidata intelligence company proudly delivered positive cash
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Laybuy fed up with ASX investors, set to delist and seek higher valuations privately
An ASX darling once upon a time, Buy Now Pay Later (BNPL) stocks are fading away from the spotlight. Endless hikes of interest rates, if not resulting in more bad debts, is turning away consumers from spending. With less and less demand and mounting bad debt write-offs, competition between BNPL providers is getting fiercer. Those
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UNITH to deploy digital humans in Japan with emotional intelligence through collaboration with NVISO
According to the Nomura Research Institute, by the year 2035, half of all jobs in Japan could be performed by AI robots. Known for its adaptive approach to innovative technology, artificial intelligence company UNITH (ASX: UNT) is cashing in on the trend by launching their digital avatars in kiosks across the futuristic metropolis. Other than
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Sequoia Financial remains optimistic despite flagging underperformance
The first half of FY23 has not gone to plan so far for financial services group Sequoia Financial (ASX: SEQ) having advised that its Half Year earnings has been negatively impacted by several abnormal items affecting short term performance accumulated across four divisions. The impending results have been flagged as falling below budget expectations and
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Pharmaxis welcomes leading medical researcher and healthcare investment guru as Director
As a medical research company, successful trial outcomes are a must but business acumen in understanding the market is no less important either. For clinical stage biotech company Pharmaxis (ASX: PXS), their latest addition to the Board of Directors line-up will offer them the best of both worlds with the appointment of healthcare investment researcher
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Michael Hill scores more sales as Aussies are spending on luxury products and experiences post-COVID
During the lockdown, surely there were many things that you would think of doing once the lockdown is over. For some, it’s popping the long-awaited question or going on an in-store luxury retail therapy to ease the post-lockdown stress. As shoppers have now been able to roam with no restriction, nothing (not even the rate
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Acusensus kicks off ASX listing with government agency contracts and tenders
Commencing trading on the ASX today, road safety technology company Acusensus (ASX: ACE) is officially the new kid on the block. Kicking off their public profile with a bang, their long line up of future projects with government agencies may see them quickly added to investor watchlists. The Company proudly shared some exciting overview and
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Patient recruitment finalised for scar treatment trials being led by Professor Fiona Wood
While clinical trials could be tricky for companies who struggle to convince fearful and pessimistic volunteers to participate, luckily this is not the case for clinical stage drug developer Pharmaxis (ASX: PXS). The Company has wrapped up patient recruitment of its topical anti scarring drug PXS-6302, with the last of the 42 patients dosed earlierRead MorePublic
11.6 million Aussies are living with at least one chronic health condition, for many it starts at the feet
Health data released from the 2021 Census by the Australian Bureau of Statistics revealed that nearly half of the Australian population (46.6%) had at least one chronic condition (11.6 million people), with back problems (15.7%) and arthritis (12.5%) being among the most common. There are many factors that contribute to these figures, including the fact
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IPO Watch: Acusensus to debut on the ASX in 2023 with road safety AI
Unnecessary deaths on our roads have impacted many Australian lives, pushing related government bodies to seek more effective ways to improve road safety. For road safety technology company Acusensus, there is no better time than now for investors to gain equity exposure to their road safety solutions. Founded in early 2018 by Alexander Jannink, AcusensusRead MorePublic
Novatti partners with DataMesh to provide cutting-edge omnichannel payment solutions
As more and more people prefer to go cashless, it is compulsory now for even the smallest corner store to accept card payments, or risk losing customers. Observing a potential growth opportunity by supplying digital payment terminals to businesses, fintech company Novatti Group (ASX: NOV) has partnered with payment solutions provider DataMesh Group to enhance
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Childcare provider observes rise in occupancy rate, but has it officially back to pre-pandemic level?
If childcare occupancy rate is an indicator that the pandemic has come to an end, then the recent announcement from G8 Education (ASX: GEM) indicates that we are one step closer. The childcare education provider reported a core occupancy rate of 77.3%, which is a 1% improvement from CY21. This brings the company closer to
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Skyfii strikes new deals to deploy passenger flow solutions in 5 major airports
The holiday period has been famous as the time of the year when passengers need to brace themselves at the airport and prepare for the worst – coming way earlier than they should because there will be lines everywhere! This might sound like the worst case scenario, but is less likely to happen in the
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Air New Zealand upgrades FY23 earnings guidance thanks to holiday demands and decrease in fuel prices
December is the time of the year when travel demands are maxed out across the domestic and international networks, and the recent decline in jet fuel prices has been a great aid too in accelerating most airlines’ post-COVID financial recovery. Air New Zealand (ASX: AIZ; NSX: AIR) is among the ones who anticipated the news
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Conversational AI company changes name to Unith, is this the next ASX unicorn?
It’s that time of the year when people around the world set New Year Resolutions, with many commiting to ‘New Year, New Me’. This has permeated into the corporate world with Crowd Media (ASX: CM8) confirming their evolution with a corporate identity overhaul, changing their name to better reflect their position as a rapidly growing
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Vmoto to cleansweep the world’s top three motorcycle markets through latest agreement in Indonesia
In most Southeast Asian countries, motorcycles are the way of life. The majority of the residents solely rely on their motorcycles for private and commercial purposes, such as ride-hailing or delivery services. Besides, motorcycles are affordable, fast enough to breeze through the traffic jam, and perfect for the tropical climate! For these reasons, there is
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New Zealand King Salmon summons sustainability-concerns on ocean farming project
Business and a sustainable environment. Is it possible that the two will get along? A month ago on 11 November, New Zealand King Salmon (NZKS) (ASX: NZK) secured approval to commence New Zealand’s first open ocean farming, the Blue Endeavour project. This was an occasion worth celebrating after six years of hard work in research
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Harris Technology set to accelerate private label division with expansion into 14 countries
Just because something costs less, it doesn’t mean that it won’t be as good as its pricier counterparts. This is the principle that smart shoppers have been living by, which could save them hundreds of dollars by simply buying private label products. These products will always, always be positioned as a cheaper alternative right next
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KneoMedia and NYC Department of Education deploys 40,000 units of edutech software to public schools
The beginning of FY23 has been an appreciable sales period for online education provider KneoMedia (ASX: KNM) so far. The Company had just deployed 40,000 units of Dell Chromebooks linked to the KneoWorld platform into 11 school districts located across New York City. Students across school districts in all five Boroughs now have access to
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SportsHero to launch AI-based eSports predictor app with up to 80% winning accuracy
The trick of bringing into play one’s luck and accuracy in guessing is what makes sportsbetting so thrilling. But everyone is afraid of losing. Picking the wrong team to bet on and losing (monetarily and mentally) is not fun at all. But worry not, eSports bettors in Australia will soon have up to an 80%
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Cettire founder cashes out another $41 million as shares dive on sell-down
A CEO is the ultimate “inside man” of a company, no one knows the business better than they do. However, when they have started to sell a huge chunk of their shares every few months, is there a clearer telltale sign that the company has fallen from grace? Luxury goods retailer Cettire (ASX: CTT) confirmed
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Cronos shares slides 20% as company flags large holding set to come out of escrow
Are investors panic selling their shares at medicinal cannabis company Cronos Australia (ASX: CAU)? With 73.4% of the Company’s shares to be released from voluntary escrow soon, it’s the only explanation Cronos could give to the ASX to explain the irregular trading activity. Cronos, who became Australia’s first ever ASX-listed cannabis company to pay out
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Government agencies bulking up IT as Cirrus Networks land $11.5m contracts in Canberra
Learning from ransomware attacks that befell giant corporations Optus and Medibank in recent months, Australian enterprises have been increasingly vigilant about their cybersecurity as no one wants to make headlines as the next victim. This brings good business to managed services and IT solutions company Cirrus Networks (ASX: CNW). The Company proudly announced that it
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Skyfii seals the deal with McDonalds to deploy restaurant monitoring technology
Say no more to cold burgers, wrong orders, and endless waiting times! As customer demand for seamless and efficient service across different platforms is getting higher, omnidata intelligence company Skyfii (ASX: SKF) has signed a three-year agreement with fast-food giant McDonalds. Skyfii will deploy its real-time restaurant monitoring technology and analysis solution to improve customer
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Podiatry market in high demand as more Aussies prioritise foot health
The feet are our main source of mobility, as well as the foundation that supports our entire body. Believe it or not, our feet can tell us so much about our health. A new research by the Australian Podiatry Association shows almost 2 out of 5 Australians discovered life-threatening health issues when they went to
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Jayride hopped back onto the joyride in the September quarter
The past two years of international travel bans have been a hell of a ride for Jayride (ASX: JAY), especially due to their niche business nature as an airport transfer marketplace. Fortunately, as most countries have given the green light to travel, Jayride is now on a smooth ride to recoup profitability, even outperforming pre-pandemic
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Wisr strikes another quarterly growth streak but grappling with debt write-offs
“Again? Oh my bank is killing me! How high can these interest rates go up?”, said many frustrated Aussies who had to scrap their dreams of paying off their mortgages. As interest rates keep going up and the budget is getting tight, they are forced to find alternative avenues to reduce household expenses. This is
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Zip reduces bad debts marginally, still think profitability is possible
The higher you dream the more hurt it will be when you fall, therefore sometimes it is much better to be realistic than to offer pie in the sky. This expression is probably what first comes to mind when seeing Zip Co’s (ASX: ZIP) latest update on their Q1 FY23 performance, especially for those who
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CV Check sales rise as HR tech cannibalises recruiter labour
The trend in the global workforce landscape has changed as companies realise they can drastically improve efficiency and automation simply by engaging HR technologies to hire and manage talent in the workplace. This puts HR tech companies like CV Check (ASX: CV1) into the loop of future success, as it has just reported an astonishing
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Qantas confidently announces that business is now back at pre-COVID level
Australia’s national carrier Qantas (ASX: QAN) is now spreading its wings again just like it used to in the pre-COVID world, just eight months after the federal government announced Australian borders would reopen in February 2022. Qantas admitted that strong travel demand made it possible for them to recover from the COVID crisis and repair
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Helloworld thrives in September quarter ahead of restriction-less summer
This December will be the first summer holiday without any travel restrictions for Aussies. Be it chasing the sun on a cruise or going on a ski trip on the other side of the earth, vacation planning has been happening months ahead. Nevertheless, the upcoming holiday season brought good business for travel agency Helloworld (ASX:
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Battle in the sky of airline stocks: Rex vs Qantas
With major cities out of lockdown and international travel resumption, most people would have started planning their end-of-year trip to find the best deals to their dream destination from months away. This is brilliant momentum for airlines to rise from the grave after being one of the most harshly impacted businesses during the strict lockdowns.
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Meet Latitude, Ahmed Fahour’s sinking brainchild which is getting taken to court by ASIC for deceptive advertising
Imagine you stumbled upon a Latitude (ASX: LFS) ad that says it allows you to do a 60-months interest free installment just when you were about to reluctantly pay Harvey Norman a couple thousand dollars in a lump sum. You went all bright-eyed and bushy-tailed. Getting an extra 5 years to pay off your new
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Tech Chairman offers $1m loan, casually charges shareholders interest at 18% pa
Authenticity is essential to brands in this day and age to protect the brand equity and product value. However, in contrast to the growing needs, the anti-counterfeit industry isn’t doing great. This too affected YPB Group (ASX: YPB), an anti-counterfeit and consumer engagement technology provider. To keep the business afloat, YPB Group Executive Chairman John
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Three ASX-listed property companies worth adding to your watchlist
The current state of the Australian property market can be overwhelming, both for homebuyers and investors. If you’re a homebuyer you might need to postpone the quest of securing the perfect home as mortgages become less and less affordable. If you’re an investor, the tumbling property market might scare you away from investing in property
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HITIQ secures exclusive right to manage head injuries at the 2022 Rugby League World Cup
Beyond the thrilling game, the lively ambience, and the excited spectators, sports always carry risk of injuries for the athletes that should not be overlooked. As a solution, HITIQ (ASX: HIQ) has been striving to minimise head injuries on athletes through its transformative concussion management technology. Most recently, HITIQ has been appointed to exclusively manage
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Digital property transactions to be available in the UK as PEXA acquires Optima Legal
Conventional property settlement is daunting for some of us. Having to go back and forth to lawyers, conveyancers, and financial institution offices during lunch breaks is rather time consuming and stressful. As the world progresses to the digital era, PEXA (ASX: PXA) has been facilitating 80% of modern property exchanges in Australia by creating a
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