Australians have witnessed the birth of a service that allows them to access their payday ahead of time via an advancement, bypassing banks with a service striving to operate similar to payday lenders but with fewer fees and shorter repayment timeframes. With several ‘pay advance’ companies popping up recently, it was only a matter of
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Among her first orders of business, EML Payments (ASX: EML) CEO Emma Shand is tasked with explaining to shareholders how the digital payments company fell prey to fraud, amounting to losses of $7.9 million. The fraudulent activity occurred with its Sentenial business some time in August 2022 but only came to EML’s attention on Tuesday
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Spent a lot of time browsing Coles aisles this past year? Turns out, so did many others! The supermarket giant reported a revenue of $39.4 billion, up 2% on FY21. The boost was credited to strong eCommerce performance in Supermarkets and Liquor cycling. The vast majority of these earnings were borne by supermarkets while liquor
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Charging an average of $131 per day across their 448 childcare clinics, parents are voting with their feet away from centres run by early education company G8 Education (ASX: GEM) which has reported a 63% decline in profits for the Half Year. For the six months ended 30 June 2022, G8 Education reported a 1.1%
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Lowered demand for Covid-related products, supply chain concerns, the Russian war on Ukraine, Sri Lanka’s economic downfall and human rights lawsuits—global safety solutions company Ansell (ASX: ANN) year has been shrouded in problems. And the Company does not expect the impact of these challenges to go away any time soon. Ansell announced sales of US
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As we become expectant to be able to order just about anything same-day and know alarmingly accurately exactly where it is until the doorbell rings, delivery tech company Zoom2u Technologies (ASX: Z2U) looks set to benefit as their first FY results show, highlighted by a 63% increase in revenue to $4.63m Despite the rise in
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