Looks like luxury customers are reviewing their purchases, with fewer people willing to buy a $20 candle to spruce up their space. Home fragrance retailer dusk Group (ASX: DSK) reported a 6.9% decline in revenue on FY21 to $138.4 million. Moreover, the Company’s profit is down over 7% from over $100 million to $93.7 million.
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This morning’s announcement may have surprised many investors following the Pharmaxis (ASX: PXS) story because where on earth does Parkinson’s fit into the equation alongside cancer, skin scarring and cystic fibrosis? Unpacking the Pharmaxis investment case reveals an agile company with more than one trick up their sleeves, keeping business buoyant whilst other biotechs list
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Although some pandemic trends have lost momentum by returning to their pre-Covid status, one that shows no signs of slowing is digital payments, evidenced by revenue growth from Novatti Group (ASX: NOV) which has invested heavily in their ecosystem and is now eyeing positive cash flow. Operating a global ecosystem that facilitates digital payments, including
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When they appointed a former Israeli Air Force Captain as their CEO 12 months ago, artificial intelligence company Crowd Media (ASX: CM8) knew they were going to see discipline instilled and the financial results of that appointment have begun bearing fruit through a $1 million upswing in FY22 earnings. For the year ended 30 June
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Fintech company Douugh (ASX: DOU) touts itself as a responsible financial “super app” dedicated to financial wellbeing but they may ironically need to consider their own financial health after reporting a loss of $11.6 million, blaming wasted marketing spend and employee benefit expenses. While they managed to generate $600k in revenue from their super app,
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Having serviced delivered more than 1.6 million patient appointments over the past year, allied health company Healthia (ASX: HLA) has such a large pipeline of acquisition targets that they have confirmed a new strategic vision of becoming the largest diversified allied healthcare provider in Australia and New Zealand. The ambitious goal has been set by
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Australia’s largest publicly listed video games developer, PlaySide Studios (ASX: PLY), has delivered a record year today in another period of consecutive growth. PlaySide has hit records across the board; commercial revenue came in at $29.24 million, a significant increase of 169% from $10.88 million in FY21. Record EBITDA of $5.9 million, was up slightly
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If you’re planning a getaway after two years of staying put in your city, you’re not alone. Turns out, plenty of people are finally seeing through their travel plans as online travel agency Webjet (ASX: WEB) reports that travel bookings are at 95% of pre-pandemic levels in the first half of FY23. Webjet credits this
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Virtual meetings are getting a makeover with more and more software companies providing translation solutions rooted in artificial intelligence. Most recently, cloud-based call recording software Dubber (ASX: DUB) reported an annual recurring revenue (ARR) growth of 51% to $59 million as businesses jumped on board with its unified recording and conversational AI services. Dubber’s total
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Since February 2022, online luxury retailer Cettire (ASX: CTT) has seen its share price plummet from $2.13 to only $0.88 as of August 30. However, a baffling discrepancy followed as the Company released its financial report, announcing a gross revenue growth of 131% to $287.8 million. All this while, profit fell about 7.5% to $19.06
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