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Australia’s $215B clean tech potential unleashed in new report

A recent report from Beyond Zero Emissions has revealed Australia's capacity to lead the global clean technology movement, presenting strategies poised to generate $215 billion in revenue and 53,000 jobs by 2035.

EOS expands revenue with $24 million in new contracts

Electro Optic Systems Holdings Limited announced the acquisition of significant contracts aimed at diversifying its revenue streams.

Cochlear reports growth in implant units and revenue for FY24

Cochlear, a global leader in hearing solutions, announced impressive results for the fiscal year 2024, marked by substantial increases in cochlear implant units and sales revenue across various markets.

Austin Engineering anticipates 18% surge in 1H FY24 revenue

Global engineering firm Austin Engineering has shared positive news with a forecasted 18 per cent improvement in its first-half results for the financial year ending 30 June 2024 (1H FY24).

Tritium achieves record first-half revenue, secures $75M in financing

Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has released its first-half calendar year and full fiscal year results, reporting record revenue of $112 million for the first half of 2023, marking a remarkable year-over-year increase of over 286 per cent. 

Austal reports EBIT loss but retains record $11.6b order book

Global shipbuilder Austal announced its FY2023 financial results, reporting a $4.8 million loss in Earnings Before Interest and Tax (EBIT), which is consistent with the previously advised earnings projection issued last month.

Cann Group expects record revenue growth of 111% in FY23

Pharmaceutical company Cann Group Limited announced its FY23 unaudited results, with its operating revenue expected to be approximately $13.5 million, representing growth of 111 per cent or 2.1 times compared to the prior year revenue.

XTEK expects record revenue of $88m in upgraded FY23 forecast

Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million. 

Markforged reveals 10% increase in revenue amid strong manufacturing resiliency

American additive manufacturing company Markforged has reported that its first quarter results revenue increased by 10 per cent, to $24.1 million (AUD 36 million) from $21.9 million (AUD 32.7 million) in the same period of the prior year. 

Alcoa reports $231m net loss as production, shipments decline in Q1

Australian mining firm Alumina Limited announced Alcoa Corporation’s Q1 earnings results, revealing a loss of $231 million, which is a significant contrast to the profit the company recorded in the same period a year earlier, owing to a decrease in shipments and production. 

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