After experiencing a lull in FY22, Fintech company Findi Limited (ASX: FND) has announced its financial results for the full year ending on March 31, 2023, surpassing expectations and achieving significant growth. The Company reported revenue of $54.5 million, exceeding the forecasted $50 million. This success translated into an EBITDA of $16.8 million, surpassing the
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Aussie gaming tech company Ainsworth (ASX: AGI) is set to rein in the profits as historical horse racing picks up steam globally. Based on current forecasts, the Company expects to report a profit before tax of approximately $20 million, excluding currency impacts and one-off items, for the six-month period ending on June 30, 2023. Ainsworth’s
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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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Lifestyle tech company, CellNet (ASX: CLT), has found a potential saviour amidst its mounting losses. In a bid to transform its fortunes, CellNet has announced its proposal to be acquired by Wentronic, a leading manufacturer and distributor of consumer electronics accessories. The acquisition, valued at $6.6 million, comes at a crucial time for CellNet as
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Support is a fundamental need for all, but surprisingly lacking in most spheres of life. Pregnant women worldwide are often left to their own devices when it comes to navigating healthcare during pregnancy. Alone, they navigate the emotional and physical rollercoaster, with many Aussie women admitting to feeling distressed citing lack of support and knowledge.
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At a time when mass layoffs are becoming a thing, global HR tech platform, Xref (ASX: XF1) is focusing on employee retention. The Company has announced the launch of its new Pulse Survey feature and announced updates across its subsidiaries, completing its lineup of ‘Hire to Retire’ products offered via its new Enterprise platform. Pulse
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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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Machine intelligence company Appen (ASX: APX) must be having Covid flashbacks as its share price is tanking once again. Once an ASX dreamboat, falling demand for the Company’s products has left it to take on cost reduction initiatives. In February 2023, in its annual report, Appen stated that it expects a soft start to FY23
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Over the past year, tech companies in the US have become notorious for mass layoffs. IT giants, from Google to Amazon, have laid off thousands of employees in light of growing inflation. Now, that trend seems to be gaining steam in Australia. To return to cash flow positivity, Aussie online print-on-demand marketplace Redbubble (ASX: RBL)
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Successful early diagnosis of diabetic kidney disease (DKD) delivers a win-win-win situation for the medical professionals who treat this disease, its sufferers and the cost base of any country’s health system. Doctors would gain access to speedier diagnosis, opening the way for them to deliver more efficacious treatment decisions that improve clinical outcomes for patients,
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