Weekly Wrap
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Results Wrap (2)

Dicker Data (ASX: DDR) delivered 1H FY25 gross revenue of $1.84 billion, up 15.7% on the prior year, driven by accelerated PC refresh cycles and large-scale AI-related transactions. EBITDA rose 9.4% to $75.4 million and NPBT increased 11.4% to $56.6 million, with software, endpoint, and advanced solutions all delivering double-digit growth. The Company reaffirmed FY25 guidance for $3.7–3.8 billion in revenue and NPBT of $120–124 million, reflecting continued momentum into the second half.

 

Wagners (ASX: WGN) soared more than 25% this week after it posted FY25 revenue of $431.3 million, driven by strong growth in its core Construction Materials (+19%) and Composite Fibre Technologies (+15%) businesses. Operating EBIT rose 9% to 41.8 million, while NPAT more than doubled to $22.7 million, reflecting stronger margin and efficiency gains. The Company expects to carry positive momentum into FY26, underpinned by infrastructure demand and continued expansion across its core segments.

 

Diversified services provider Symal (ASX: SYL) reported normalised revenue of $901.7 million, a 15% YoY increase. The Company delivered EBITDA of $106.1 million and NPAT of $45.7 million, exceeding Prospectus forecasts. Symal enters FY26 with an estimated $1.76 billion work-in-hand, with management guiding to EBITDA of $115-125 million. 

 

Perseus Mining (ASX: PRU) reported record FY25 financial results including profit after tax of  $651.0 million (up 16% year on year), net cash flow from operating activities of $828.4 million (up 25%) or $0.604 per share resulting in a price: operating cashflow (P/OCF) ratio of 6.13. It has net tangible assets of $2.9 billion or $2.14 per share and held $1.3 billion cash and bullion at year end with zero debt. It also released its Sustainability Report this week. 

 

Ambertech (ASX: AMO) saw improved operating conditions in the second half of FY25 to deliver a 6% increase in revenue to $101.2 million in its audio visual (AV) and communications solutions business, driven by a 30% increase in its retail segment and a 5% increase in integrated solutions. 

 

Unhedged gold producer West African Resources (ASX: WAF) revealed net profit after tax of $215 million, or $1.17 million per day, in its H1 2025 results which included gold production of 95,644oz at US$1,374/oz AISC and gold sales of 98,178 oz at average price of US$3,049/oz. West African had a A$279 million cash balance and held A$49 million unsold gold bullion at the end of H1 2025. Covered by MiningNews, Business News and Mining.com.au.

 

Technology media revenue for AI-Media Technologies (ASX: AIM) grew 19% to $41.1 million, now representing 63% of total revenue which totalled $64.9 million.  FY25 was the year Ai-Media became a technology-led business, with technology products that began at zero at IPO in 2020 now at an 86% gross margin and delivering $17 million in annual recurring revenue.

 

Medical technology developer Imricor (ASX: IMR) ended 1H25 with a strong balance sheet, holding US$50.3m in cash to support regulatory milestones and commercial expansion. The company advanced CE Mark approvals, initiated pivotal clinical trials, and broadened its sales pipeline across Europe, the US, and the Middle East. The Company is well-positioned for a step-chane in revenue once FDA approval is secured and trial adoption accelerates.

 

Credit Clear (ASX: CCR) delivered a 76% increase in Underlying EBITDA to $7.4 million, with margins improving from 10% in FY24 to 16% in FY25. Improvement in Underlying EBITDA reflected disciplined cost management and the scalability of Credit Clear’s digital platforms, with digital collection payments growing at a stronger rate than total revenue.

 

DXN (ASX: DXN) achieved FY25 revenue of $16.0M, a 49% increase on FY24 and in line with guidance, achieving positive EBITDA as the prefabricated modular data centre specialist continues to prioritise capturing greater market share to deliver topline growth. It enters FY26 with backlog of $12.0 million as at 30 June 2025 with a healthy pipeline of ~71 identified projects at 31 July 2025.

 

Playside Studios (ASX: PLY) recorded revenue of $48.7 million in FY25, underpinned by $32.0 million from Work for Hire and $16.7 million from its growing Original IP portfolio. The year featured multiple high-profile launches and the announcement of Game of Thrones: War for Westeros, with FY26 expected to deliver revenue growth supported by lower operating costs and the highly anticipated release of MOUSE: P.I. for Hire.

 

AI data leader Appen (ASX: APX) reported H1 FY2025 revenue of $102.1 million, with its China business delivering standout growth of 67% to $42.2 million and achieving five consecutive quarters of EBITDA profitability. Group EBITDA improved on the prior year, supported by ~$10 million in cost efficiencies, and guidance for FY25 was reaffirmed with revenue towards $235–260 million and positive full-year EBITDA expected.

 

Solvar (ASX: SVR) increased shareholder returns with a 40% uplift in the full-year dividend to 14.0 cps and a $35m buy-back. Normalised NPAT rose 17% to $34.1m, statutory NPAT reached $31.4m (+84%), and net tangible assets ended the year at $1.62 per share. The loan book in Australia expanded 5% to $832.7 million, supported by a $200m inaugural ABS issue.

 

Acusensus (ASX: ACE) grew FY25 revenue 20% to $59.4m, with gross profit up 18% to $26.6m at a 44.8% margin. Operating cash flow rose 131% to $8.3m, and the company ended the period with $21.5m in cash and term deposits. FY26 revenue is expected in the range of $79.0–84.0m, supported by continued growth momentum. 

 

Rubicon Water (ASX: RWL) announced revenue of $69.1m for FY25, representing an 18.3% increase on the pcp. The Company reported a net loss after tax of $7.0m, compared to an $11.0m loss in FY24, and generated net operating cash inflow of $5.4m ($7.0m outflow in the pcp), driven by strong receivables collections, particularly from India.

 

RAS Technology (ASX: RAS) delivered record revenue of $21.3 million, up from $16.2 million in the pcp, with growth driven by continued expansion across all business segments. Annual Recurring Revenue increased to $21.8 million as at 30 June 2025, including a $1.1 million contribution from the Hong Kong acquisition.

 

LaserBond (ASX: LBL) reported revenue of $43.5m in FY25, up 3.6% on the pcp, with net profit after tax rising 10.4% in the year to $3.8m. The company delivered a strong second half performance following strategic investments made over the past two years, with revenue in the half of $23.2m and an NPAT of $2.8m.  

 

Cue Energy (ASX: CUE) reported FY2025 revenue of $54.8m, a 10% increase on FY24, and EBITDAX of $30.3m. It declared a final dividend of 0.5c per share, taking total dividends to 1.5c for the year, equal to a 14% yield. Production reached 602 mboe, with $24M net cash generated from operations, ending FY25 debt-free with $10.8M cash.

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Alligator Energy (ASX: AGE) received the final approval from the SA Department for Energy and Mining (DEM) and co-regulators for conducting the in-situ Field Recovery Trial (FRT) at the Samphire Uranium Project, near Whyalla, South Australia. This provides the ‘green light’ to commence on-ground activities associated with the FRT.  Covered by Mining.com.au and Mining Technology.


Axel REE (ASX: AXL) reported a maiden Gallium Mineral Resource Estimate (MRE) of 100Mt @ 42ppm Ga at its Caladão REE-Gallium Project in Minas Gerais, Brazil. The initial resource is delineated only from Area A, covering a ~33km² mineralised gallium zone with substantial MRE expansion potential from Area B, which covers an additional 58km² of mineralised ground. Covered by Smallcap, Stockhead and Explorers Podcast with Barry Fitzgerald.

NWR Communications invites you to register for our upcoming Virtual Copper Conference on Monday 1 September from midday AEST, including a keynote presentation from Lowell Resources Fund Chief Investment Officer John Forwood on the key drivers of the copper market. We will also have presentations from six high-quality copper juniors including Strategic Energy Resources (ASX: SER), Norfolk Metals (ASX: NFL), Beltz Mining (Private), Gladiator Metals (TSX-V: GLAD), Midas Minerals (ASX: MM1), and FMR Resources (ASX: FMR). 

 

Please click on the image to register for this special event.

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Petra retained its Buy rating on Aurum Resources (ASX: AUE) with a $0.93 price target, compared to $0.53/sh at the time of writing, highlighting major upside as Aurum drilling continues across its Boundiali and Napié gold projects in Côte d’Ivoire. Ten rigs are turning, a further resource update is due by year end, and a central processing hub strategy is advancing fast.

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METALS, MINING AND ENERGY

 

Robex Resources (ASX: RBX) remains on track for first gold at Kiniero Gold Project in Guinea in Q4 CY2025, as the project continues on schedule and budget. Process plant and power station concrete is nearing completion, and field tanks are at 83% completion, with both carbon-in-leach tank trains completed and intertank launders installed. Structural, Mechanical & Piping (SMP) works are underway at 22% complete, erected or preassembled. Covered by Mining.com.au.

 

Native Minerals Resources (ASX: NMR) is transitioning to full-scale gold production at its Blackjack Operations in Queensland, with three gold pours completed this week producing 300oz of gold doré. Blackjack processing has ramped up through August, and Ausenco is progressing a Blackjack Plant upgrade study, targeting throughput optimisation and future expansion. NMR is also advancing development plans at its Far Fanning and Granite Castle deposits. Covered by Mining.com.au.

 

Vital Metals (ASX: VML) secured $6.8m via a two-tranche placement, anchored by a $3m investment from US-based Strategic Resources, to advance its Tardiff Project in Canada. Funds will support a Pre-Feasibility Study and test the proprietary Dry Field Force Extraction (DFFE) technology, a water- and chemical-free process that could transform Tardiff’s economics while cutting environmental impacts. Covered by Cabin Radio & North of 60 Mining News.

 

Wildcat Resources (ASX: WC8) extended the Harry Pegmatite Swarm at its Bolt Cutter Central discovery to ~700m down-dip, with diamond drilling intercepting stacked pegmatites containing coarse spodumene. RC drilling returned high-grade assays including 4m at 2.2% Li₂O and 6m at 1.5% Li₂O, confirming the system remains open in all directions. Follow-up drilling is planned at Harry, Hermione, and additional soil anomalies, with Wildcat well funded ($55.1m, 30 June 2025) to advance exploration.

 

Desert Metals (ASX: DM1) confirmed multiple high-grade gold intercepts from diamond drilling at the King Kong prospect, part of the Adzope Project in Côte d’Ivoire. Results confirm King Kong’s potential as a significant high-grade gold system, with further assays pending and drilling planned in Q4 to expand testing across parallel structures and the untested “Beach” prospect.

 

Enova Mining (ASX: ENV) confirmed high-grade rare earth mineralisation at its East Salinas Project in Brazil, with rock chip assays up to 2.17% TREO and 18 samples above 1% TREO. Results highlight strong neodymium-praseodymium (NdPr) oxide ratios of up to 37.8% and heavy rare earth oxides (HREO) up to 2,508 ppm, reinforcing the project’s potential as a high-value magnet REE target. Significant assays include 2.17% TREO at Hairy Hill, 2.12% TREO at Naked Hill and 2.00% TREO at Bald Hill. Diamond drilling is set to commence this week to test depth continuity across key zones, supported by metallurgical test work evaluating low-cost processing pathways.

 

Iltani Resources (ASX: ILT) identified 16 high-priority anomalies from a VTEM survey completed over its entire Herberton Project in Queensland, which hosts the Orient silver-indium discovery. Anomalies indicate considerable potential to increase the project’s known mineralisation, and Iltani will follow up with a two-phase program of drilling and surface electromagnetic surveys. Covered by Mining.com.au and Industry Queensland. Iltani also restarted drilling at its Orient East deposit, with a further nine holes planned ahead of delivering a maiden MRE for the deposit by October. Covered by Mining.com.au.

 

Cue Energy (ASX: CUE) secured a 10-year extension of the Maari oilfield permit to December 2037. The JV lifted output to 5,600 bopd in August, the highest in five years. Covered by Energy Today & Offshore.  It also reported 2P reserves of 5.5mmboe as at 1 July 2025, consistent year-on-year after production. Reserves increased at Maari, Mereenie and Dingo. The company’s reserves replacement ratio was 96%.

 

Power Minerals (ASX: PNN) reported exceptional high-grade rare earth intersections from auger drilling at its Santa Anna Project in Goiás, Brazil, with assays up to 43,385ppm (4.34%) TREO and niobium grades to 7,748ppm Nb₂O₅. Results returned 15m at 13,212ppm TREO from surface, including 4m at 28,827ppm TREO and 1m at 43,385ppm TREO and 15m at 4,319ppm Nb₂O₅, highlighting the shallow, high-grade nature of the mineralisation. These results continue to strengthen confidence in Santa Anna’s potential to deliver a significant Mineral Resource Estimate. Covered by Stockhead & Australian Resources & Investment. 

 

Midas Minerals (ASX: MM1) announced completion of the key condition precedent in its acquisition of the Otavi Project in Namibia, with project licences transferred to the target entity. Midas plans to commence drilling at Otavi in Q4 CY2025, subject to completion of the acquisition.

 

Laboratory XRF testing returned exceptionally high-grade pollucite mineralisation at Perpetual Resources’ (ASX: PEC) Igrejinh Project in Brazil. Results of up to 30.11% Cs₂O show potential for Igrejinha to become a strategically important source of caesium in a globally supply-constrained market. Covered in Stockhead.

 

IRIS Metals (ASX: IR1) completed its Phase I diamond drilling program at the Edison Project in South Dakota, USA, delivering outstanding results and high-grade lithium mineralisation. The program confirmed significant lithium intersections, extending the known mineralised pegmatite dike complex with key highlights including: 2.95m @ 2.76% Li₂O from 95.3m and 6.65m @ 3.30% Li₂O from 54.6m. Covered by Discovery Alert and The Pick. It also entered into a binding agreement with Arika Resources (ASX: ARI) to divest the Kookynie Gold Project to focus on its US interests.

 

Auric Mining (ASX: AWJ) executed an Asset Sale Deed to purchase the Burbanks Plant and Associated Assets at Coolgardie, Western Australia.  The acquisition price is $4.4 million (plus GST) payable in cash and Auric is fully funded to complete this acquisition. Covered by Mining.com.au and The Sydney Morning Herald.  The company also completed due diligence to acquire Lindsay’s Gold Project, including Parrot Feathers open pit gold mine from Top Global Mining Pty Ltd and NBC Mining Pty Ltd.  Auric will proceed with the acquisition, subject to the resolution and satisfaction of the conditions precedent. Covered by Investing News Network.

 

Victory Metals (ASX: VTM) received firm commitments to raise $11.5 million in a well supported placement of new shares to institutional, professional and sophisticated investors. The funds will be used for targeted drilling of ultra-high heavy rare earth zones within and surrounding the North Stanmore resource area, scandium oxide production, feasibility study advancement and general working capital. Covered by Stockhead and Miningnews.net.

 

Magmatic Resources (ASX: MAG) confirmed the completion of Stage 2 of its acquisition of the Weebo Gold Project in Western Australia, paving the way for a six-month exploration program to commence. Magmatic has secured drilling contractors for an initial auger program at Weebo, followed by a 2,500m aircore and reverse circulation program. Covered by Stockhead.

 

Argent Minerals (ASX: ARD) completed the first of two diamond drill holes at its flagship Kempfield Project in NSW as it seeks to confirm the depth and grades of its polymetallic deposit ahead of a planned scoping study. Amid historic silver price highs, Argent is seeking to fast track the development of its large polymetallic deposit at Kempfield towards production. 

 

New Frontier Minerals (ASX: NFM) identified additional high-priority targets for drill-testing at its Harts Range Project, Northern Territory. In preparation for upcoming drilling, the company collected a 25kg bulk sample from the Cusp Prospect for geochemical analysis. Assay results confirmed 1.72% TREO (including 0.19% Dy2O3, 0.03% Tb4O7), 4.51% Nb2O5 and 0.91% Ta2O5. Covered by Small Caps and Discovery Alert.

 

Laboratory XRF testing returned exceptionally high-grade pollucite mineralisation at Perpetual Resources’ (ASX: PEC) Igrejinh Project in Brazil. Results of up to 30.11% Cs₂O show potential for Igrejinha to become a strategically important source of caesium in a globally supply-constrained market. Covered in Stockhead.

 

Evergreen Lithium (ASX: EG1) acquired the rights to the highly prospective Queens Gold and Mt Monger Gold Projects, two highly prospective gold-focused tenement packages located in WA’s Goldfields region. This acquisition complements the Company’s recent Leonora Goldfields Project and reinforces its strategy towards becoming an emerging gold producer in WA’s premier goldmining district. Covered by The Market Bull, Small Caps and Kalkine Media.

 

Premier1 Lithium (ASX: PLC) reported a maiden Mineral Resource at Wadgingarra within the Yalgoo Project in WA, totalling 150kt at 2.7g/t Au for 13koz of gold. The resource starts at surface, remains open at depth and along strike, and offers low-capex development pathways with nearby processing options. Premier1 has begun JV discussions to advance commercialisation and will commence drilling in October alongside metallurgical testwork and preparation of a mining lease application. Covered by Mining.com.au & SmallCaps.

 

Tungsten Mining (ASX: TGN) confirmed significant shallow gold mineralisation at the Camp pits within its Mt Mulgine Project, WA, through a review of 1,445 historic drillholes. Results include 17m at 4.55g/t Au and 19m at 2.09g/t Au, supporting its integrated gold-tungsten development strategy and highlighting potential new zones of mineralisation at depth.


EQ Resources (ASX: EQR) announced that Saloro S.L.U (Saloro), a 100%- owned subsidiary of EQR, has successfully commissioned its 3rd XRT Ore Sorter. With relevant performance tests and ramp-up completed, the ore sorting circuit is now operating at a nominal capacity of 150 tonnes per hour (50% increase).

 

RENEWABLE ENERGY


NH3 Clean Energy (ASX: NH3) commenced the Front-End Engineering and Design (FEED) phase for its WAH2 clean ammonia project. Two of the three FEED workstreams have begun, with environmental and heritage surveys scheduled to start in September. The company expects all FEED workstreams to be completed by end-2026, ahead of a targeted Final Investment Decision in late 2026. Covered by Offshore Energy.

 

BIOTECH

 

Emyria (ASX: EMD) announced the expansion of its Perth Clinic to meet surging patient demand for its innovative mental health treatments, particularly PTSD therapy supported by Medibank Private coverage—the first such agreement in Australia for psychedelic-assisted care.


InhaleRx (ASX: IRX) received HREC approval to commence a Phase 1 clinical trial of IRX-616a, a synthetic CBD aerosol inhaler being developed for panic disorder. The fully funded trial at CMAX in Adelaide will assess safety, tolerability and pharmacokinetics in up to 24 healthy volunteers, with first dosing expected in the coming months.

 

Arovella (ASX: ALA) has received a Notice of Allowance from the US Patent and Trademark Office for patent application no. 16/977,346 covering the manufacturing of its CAR-iNKT cells. Once granted, the patent will provide protection until at least February 2039 and strengthens Arovella’s global IP portfolio as it advances lead product ALA-101 towards first-in-human clinical trials.

 

TECHNOLOGY


Sparc Technologies (ASX: SPN) achieved up to 60% corrosion reduction in water-based coatings using its graphene additives. The results highlight the potential of water-based products as sustainable alternatives to solvent-based coatings and extend Sparc’s position in the protective coatings market. This work also complements the Company’s ecosparc® product, which is undergoing field testing. Covered by Australian Manufacturing

 

CORPORATE NEWS

 

Syrah Resources (ASX: SYR) completed its retail entitlement offer, raising A$28m through applications for ~63.6m new shares at A$0.26/share. Together with the institutional component and placement, the company has raised ~A$70m. Proceeds will support Vidalia operations, reserve requirements under the DOE Forbearance Agreement, and general corporate purposes. 


Everest Metals (ASX: EMC) was awarded $150,000 in funding assistance from the Minerals Research Institute of Western Australia. This funding will support the development of Rubidium extraction at the Mt Edon Critical Minerals Project in Western Australia. This initiative represents a significant step towards establishing a commercial pilot plant and pioneering an Australian Rubidium industry.

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UPCOMING WEBINARS

 

Cettire (ASX: CTT) FY25 Results and Investor Briefing on Friday 28 August 2025 at 9:00am AEST - Register HERE


Chimeric Therapeutics (ASX: CHM) Investor Webinar on Tuesday 9 September 2025 at 10:00am AEST. Register HERE

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Lincoln Minerals (ASX: LML) confirms 7km multi-metal system at Minbrie

 

Alligator Energy (ASX: AGE) featured as the cover story in the latest edition of The Australian Mining Review: Uranium miner looks to produce with ‘invisible mining’ method

 

Everest Metals (ASX: EMC) highlighted in Kristie Batten’s Stockhead article “Rubidium is turning heads.  Who has the rare critical mineral on the ASX?”


Magmatic Resources (ASX: MAG) and West Wits (ASX:WWI) featured in Stockhead’s Gold & Copper Investor Guide for 2026

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Lincoln Minerals (ASX: LML) Copper to the World Presentation

 

Auric Mining (ASX: AWJ) Investor Presentation

 

Emyria (ASX: EMD) Investor Presentation

Results Presentations

Dicker Data (ASX: DDR) H1 FY25 Results Presentation

 

Perseus Mining (ASX: PRU) FY25 Results Presentation

 

Wagners (ASX: WGN) FY25 Results Investor Presentation

 

LaserBond (ASX: LBL) FY25 Results Presentation

 

Rubicon Water (ASX: RWL) FY25 Results Presentation

 

RAS Technology (ASX: RTH) FY25 Results Presentation

 

Ambertech (ASX: AMO) FY25 Results Presentation

 

AnteoTech Limited (ASX: ADO) Full Year Result and Business Update Presentation 

 

AI Media (ASX: AIM) FY25 Results Presentation

 

Credit Clear (ASX: CCR) FY25 Results Presentation

 

Imricor (ASX: IMR) 1H 2025 Results Presentation

 

Playside Studios (ASX: PLY) FY25 Results Presentation

 

Solvar (ASX: SVR) FY25 Investor Presentation

 

Appen (ASX: APX) 1H 25 Investor Presentation

 

Acusensus (ASX: ACE) FY25 Results Presentation

 

Tetratherix (ASX: TTX) FY25 Results

 

CurveBeam AI (ASX: CVB) FY25 Results

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1

Gladiator Metals (TSXV: GLAD) CEO Jason Bontempo spoke with Shae Russell from Mining.com.au exploring the latest on the Whitehorse Copper Project in Yukon, Canada and discussing the company’s copper exploration strategy.

2

Larvotto Resources (ASX: LRV) Managing Director Ron Heeks provided an update on recent activities at the Hillgrove Antimony-Gold Project in NSW and provided further detail about Larvotto’s Retention and Reward Program during an investor webinar.

3

Alligator Energy’s (ASX: AGE) CEO Dr Andrea Marsland-Smith joined Mining.com.au’s Shae Russell following this week’s announcement confirming the final approval has been obtained for the in-situ Field Recovery Trial at the Samphire Uranium Project near Whyalla, South Australia.

4

Radiopharm Theranostics (ASX: RAD) recently hosted a webinar series with key opinion leaders to discuss the use of radiopharmaceutical therapies in oncology and for the treatment of prostate cancer.

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