The infant formula market has more than doubled over the past decade. But not all companies have managed to keep up, thus making it a lucrative market for the few that have. Infant formula companies, like Bubs Australia (ASX: BUB), saw it as an opportunity to expand into global markets, even becoming one of the
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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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Remember the movie Top Gun—1986 or 2022? Imagine that but instead of Tom Cruise or any of the other unfairly good-looking pilots at the helm, there was nobody. Eerie, right? Not for the independent aerospace composite company Quickstep (ASX: QHL). Its aerostructure business has secured a contract from the world’s first cargo drone airline, Dronamics,
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An uncommon sight for mining companies, Western Australia-based gold mining company Viking Mines (ASX: VKA) has won the judge’s favour and over $4 million from its lawsuit against the buyers of its gold mining project in Ghana, Akaose Project. The buyers of the $14 million project include Akoase Resources Limited, BXC Company Ghana Limited and
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Over three million Aussies cycled every week in 2020—be it to get to work or for recreation. Interestingly enough, only about 30% of the purchased bikes belonged to kids. Cycling-conducive areas and health consciousness have urged people to cycle, which has boosted the business of related goods and services—like bike cameras and safety appliances by
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Moving on from former Managing Director Geoff Bainbridge’s drugs fiasco, whisky producer Lark Distilling Co (ASX: LRK) has finally settled the dust. Though its financials are not up to H1 FY22 levels, in FY23, it is gunning for growth with a renewed targeted marketing strategy and new CEO. In the first half of FY23, Lark
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Homeowners may be fuming about rising interest rates that prompted an apology by Phillip Lowe, but for online broker SelfWealth (ASX: SWF), it’s kicked them into positive cashflow thanks to an abundance of customer funds being held on the platform. For the quarter ended 31 December 2022, SelfWealth reported $151k in positive cash flow but
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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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Even as shoppers return to stores and get back on their shopping sprees, value apparel retailer Best and Less (ASX: BLG) is struggling to attract customers. In H1 FY23, the Company delivered an unaudited total revenue of $324.8 million, a 13% increase on H1 FY22. However, its EBITDA was down 28.2% to $22.1 million. Best
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In October 2022, the recruitment screening company CVCheck, or previously CV1 on ASX, got a makeover: a new name, new identity and now, new staff to see it through its new motto, Know Your People. It is now the regulatory tech company Kinatico (ASX: KYP), comprising solutions including CVCheck (pre-employment background screening), Cited (cloud-based workplace
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