ABBA said it best: Money, money, money, must be funny in a rich man’s world. The problem is, no one’s laughing right now. Tightened wallets due to heightened inflation have left people reimaging their spending habits, bringing consumer lending company Wisr (ASX: WZR) to the fore. In the first half of FY23, the Company reported
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Boeing’s planemaking and delivering abilities have come into question time and again. Most recently, the Federal Aviation Administration (FAA) pulled it up for faults in its plane parts, thus delaying its delivery to Qantas which is desperately trying to win back customers with more flights. Is there a way for Boeing to produce more efficient
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Allied health company Healthia (ASX: HLA) has bounced back from the pandemic in style with organic growth across their network being driven by new services introduced to existing clinics and a workforce buoyed with enthusiasm which contributed to a 48.2% increase in earnings. For the Half Year ended 31 December 2022, Healthia reported $124.9 million
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PlaySide Studios (ASX: PLY) has graced us with their Half Year report. Apparently, they’ve been busy repositioning themselves and refocusing its development team to create new titles for new platforms. The report also reveals that they’re planning to ride the wave of emerging technology, and although they did generate significant revenue during this period, it’s
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Defying Australian Consumer Rights was probably the biggest mistake online bookstore Booktopia (ASX: BKG) made. So much so that the Australian Competition & Consumer Commission (ACCC) took it to court for refusing refunds to customers after two days of delivery. It has cost Booktopia over $2 million. Between January 10, 2020, and November 2, 2021,
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With artificial intelligence for mainstream use still in its infancy, most AI companies are years away from profitability. But for UNITH (ASX: UNT), the conversational AI company has already achieved that milestone. For the Half Year ended 31 December 2022, UNITH generated $2.2 million in revenue which delivered 137k in net profit after tax, an
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If you haven’t been living under a rock, you must have heard about the massive tech layoffs across companies like Meta and Amazon. An underlying theme behind these layoffs was their CEOs’ dizzying faith in the e-commerce boom during Covid. Perhaps Aussie online shopping platform Kogan (ASX: KGN) bought into that school of thought, which
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Suspended from the ASX for questionable financials and raising capital with said number, beauty and wellness company BWX (ASX: BWX) has gone off the rails. Earnings down over 600% and profits down 1,700%, consequences seem to be catching up. In the first half of FY23, the Company recorded a revenue decline of 18.4% to $79.7
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A plummeting share price, board shuffles, poor decision-making and lost credibility—global payments platform EML payments (ASX: EML) has been at the bottom of the barrel for over a year now. And it just keeps getting worse somehow. The trainwreck began when, in May 2021, the Central Bank of Ireland (CBI) conducted an audit and decided
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Just this week, a Lotto Powerball player won a whopping $10.5 million after buying his ticket online. That’s the kind of hope that drives thousands—if not millions—to buy lottery tickets even during tough times, like inflation or recession. That also explains the 706k tickets sold by lottery retailer Jumbo Interactive (ASX: JIN) in H1 FY23.
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