Shares in Hipages Group Holdings Ltd (ASX: HPG) have risen sharply in recent days following the company’s delivery of a solid set of full-year results, but analysts at Shaw and Partners believe the stock has much further to go.

The broker has reiterated its buy recommendation on the stock and has a very bullish share price target on the company, which I’ll get to shortly.

First, let’s look at the company’s results.

Solid profit result

Hipages earlier this week reported revenue of $90.6 million, up 9%, while net profit of $15 million was up 528%.

Chief Executive Officer Roby Sharon-Zipser said of the result:

FY26 was another year of strong execution for hipages Group, as we continued to invest in our multi-product platform, adding new functionality, AI integration and expanding hipages for business, which drove strong customer engagement and a further 9% increase in ARPU. We also expanded into Insurance with the acquisition of a majority stake in VIZ Insurance. This expands our total addressable market and adds a complementary insurance offering to our business platform. Our strong free cash generation and balance sheet enabled us to commence an on-market share buy-back of up to 10% of issued share capital during the year, with our shares trading well below intrinsic value, while retaining flexibility to invest in future organic and inorganic growth opportunities.

On the outlook for FY27, the company said embedding AI across its operations would be a focus, while it remained open to further M&A.

Hipages is guiding to revenue growth of 9% to 11% and free cash flow of $11 to $13 million, up from $9.4 million in FY26.

Shares looking cheap according to broker

Shaw and Partners said in a note to clients that Hipages continues to evolve beyond its core marketplace into a multi-product platform.

They said that VIZ Insurance adds about 4,500 businesses to the platform, while AI tools for accounting and finance, as well as household products, would provide further optionality.

Shaw and Partners added:

Importantly, AI and future verticals contribute little to FY27 guidance, but successful adoption could accelerate growth beyond the core business’s ~8–10% trajectory from FY28. We reiterate our Buy rating but lower our price target to $2.00 (was $2.50), reflecting more conservative long term revenue growth assumptions, driven primarily by lower volume growth. At the current price, HPG trades on just 1.0x FY27 enterprise value/revenue, which we believe materially understates the value of the platform given its improving profitability and free cash flow generation.

Hipages is valued at $126.3 million.

The post This small-cap ASX technology stock could more than double in value: Broker appeared first on The Motley Fool Australia.

More reading

• GR Engineering Services completes $100 million placement and share purchase plan
• FireFly Metals share price climbs after $190m raise for Green Bay project
• How many Woolworths shares do I need to earn $10,000 per year in passive income?
• Ainsworth Game Technology posts lower H1 FY26 profit and revenue
• Lynas Rare Earths posts record FY26 profit and revenue as growth ramps up

Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hipages Group. The Motley Fool Australia has recommended Hipages Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The FireFly Metals Ltd (ASX: FFM) share price is in focus after the company announced a successful A$190 million capital raising to accelerate the development and resource growth at its Green Bay Copper-Gold Project in Canada.

What did FireFly Metals report?

• Raised approximately A$180 million via institutional placements in Australia and Canada at A$1.78 per share
• Announced intention to raise up to an additional A$10 million through a Share Purchase Plan for eligible shareholders
• Funds earmarked for early project works, procurement of long-lead items, and resource drilling
• Following a robust Preliminary Economic Assessment, project development and expansion activities are set to continue
• Placement was strongly supported by existing and new institutional investors

What else do investors need to know?

The funds raised will mainly support the Green Bay Copper-Gold Project, including technical studies, underground development, and aggressive regional exploration initiatives. The company plans to progress a Feasibility Study for its 1.8Mtpa base case and a Pre-Feasibility Study for a larger 4.6Mtpa scenario, with the goal of making a final investment decision by mid-2027.

Shareholders registered at 5:00pm AWST on 24 August 2026 in Australia or New Zealand will be eligible for the Share Purchase Plan at the same price as the placement. The SPP may be scaled back if demand exceeds A$10 million.

What did FireFly Metals management say?

FireFly’s Managing Director Steve Parsons said:

The strong demand for the raising reflects Green Bay’s status as one of the world’s best undeveloped copper projects. This status was confirmed by the robust production and financial metrics contained in the Preliminary Economic Assessment, which demonstrated a strong cashflow outlook and rapid payback period. We are now very well-funded to progress towards project development while maintaining a multi-rig drilling program aimed at ongoing resource growth.

What’s next for FireFly Metals?

The company is focused on advancing the Green Bay Copper-Gold Project towards production, with further drilling and technical studies in the pipeline. Management expects the new capital to ensure strong balance sheet flexibility as they work towards a final investment decision in 2027.

There’s also an ongoing commitment to regional exploration and resource expansion, positioning FireFly to deliver growth for shareholders as the project evolves.

FireFly Metals share price snapshot

Over the past 12 months, FireFly Metals shares have risen 57%, outperforming the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post FireFly Metals share price climbs after $190m raise for Green Bay project appeared first on The Motley Fool Australia.

More reading

• FireFly Metals reveals robust Green Bay PEA and resource boost
• Here are the top 10 ASX 200 shares today
• 5 ASX shares downgraded by brokers this week
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Shares in supermarket giant Woolworths Group Ltd (ASX: WOW) are a popular choice among investors seeking passive income.

Woolworths is classed as an ASX consumer staples stock, which means it is a structurally defensive stock.

That’s because its earnings are anchored by non-discretionary consumer spending. In other words, regardless of inflation levels or consumer sentiment, Australians still need to eat, which means they need to buy groceries.

Its defensive nature also means Woolworths shares can generate stable cash flow across all phases of the economic cycle. Which means it is able to then pay a steady dividend to its shareholders.

But what would it entail to earn as much as $10,000 per year in passive income from Woolworths shares?

Let’s take a look.

What passive income does Woolworths pay its shareholders?

First, we need to understand what dividends the supermarket giant pays its shareholders.

Woolworths typically pays its investors twice-yearly dividends: an interim dividend in April and a final dividend in October.

This morning, the company announced a final dividend payout of 52 cents per security, fully franked, as part of its FY26 results announcement. Combined with the company’s latest 45-cent interim dividend payment in April, that comes to a total FY26 dividend payment of 97 cents per security.

The supermarket giant is then forecast to pay shareholders $1.13 in FY27.

At the time of writing, this translates to a dividend yield of around 2.5% for FY26. For FY27, the forward dividend yield could be roughly 2.9%.

So, how many Woolworths shares do I need to generate $10,000 in passive income in FY27?

Using the FY26 total dividend payment of 97 cents per share, investors would need to own around 10,309 shares in order to earn $10,000 per year in passive income.

Then, assuming the supermarket business pays the forecast $1.13 dividend in FY27, investors would need to buy 8,849 shares to generate the same $10,000 in annual passive income.

How much would that cost?

At the time of writing, Woolworths shares are $38.85 each.

That means, in order to buy the 10,309 shares needed for $10,000 of passive income in FY26, you would need to invest roughly $400,515. 

For FY27, you’d need to invest $343,783 to buy the 8,849 shares needed for the same annual passive income.

It’s not a small amount, but it could be worth it in the long run.

And remember, you don’t need to invest the entire amount in one go. Start off small and let compound growth do some of the work for you.

The post How many Woolworths shares do I need to earn $10,000 per year in passive income? appeared first on The Motley Fool Australia.

More reading

• Woolworths Group FY26 earnings: Sales, profit and dividend all grow
• 5 things to watch on the ASX 200 on Wednesday
• Are Woolworths shares a buy, sell or hold ahead of its FY26 results announcement?
• 5 things Warren Buffett looks for before buying ASX shares
• Want income for life? Here’s how I’d build an ASX dividend portfolio

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.