• Praemium posts FY26 revenue growth and completes platform integration

    Woman at computer in office with a view

    The Praemium Ltd (ASX: PPS) share price is in focus after the company posted a 5.7% increase in revenue to $110.5 million and delivered underlying profit after tax up 2.9% to $15.4 million for the year ended 30 June 2026.

    What did Praemium report?

    • Revenue from ordinary activities rose 5.7% to $110.5 million
    • Underlying profit after tax (NPAT) up 2.9% to $15.4 million
    • Statutory net profit fell 45.2% to $6.5 million, mainly due to one-off restructuring and acquisition costs
    • Underlying EBITDA climbed 14.5% to $32.1 million, with an expanded margin of 29.1%
    • Final fully franked dividend of 1.25 cents per share, taking total FY26 dividends to 2.5 cents per share
    • Total funds under administration (FUA) jumped 21.1% to $77.9 billion

    What else do investors need to know?

    Praemium achieved strong momentum in its high-net-worth (HNW) segment, with platform FUA up 10.8% and the non-custodial Scope+ service delivering 30.5% year-on-year FUA growth. The company completed the integration of the OneVue platform acquisition in December 2025, realising anticipated $3 million in annual EBITDA synergies.

    In January 2026, Praemium acquired Technotia Laboratories for $7 million in shares, bringing machine learning expertise in-house to support a new core technology platform. The business also restructured its technology division, closing Armenian operations and reducing Australian roles to drive operating leverage from FY27.

    What did Praemium management say?

    Praemium Chair Barry Lewin commented:

    It has been a privilege to serve as Chair and to work alongside a highly capable Board, together with Anthony and the broader management team as Praemium has transformed into a more profitable, strategically focused platform business. With a refreshed Board and strong foundations in place, I look forward to completing a smooth transition and watching Praemium continue to execute its growth strategy under Matthew’s chairmanship.

    What’s next for Praemium?

    Looking ahead, Praemium aims to capitalise on continued industry growth and its leadership in whole-of-wealth advice solutions, with a focus on expanding deeper relationships in the growing HNW market. Further investment in next-generation platform technology and adviser experience is set to deliver scalability, new features and cost efficiencies.

    The company expects to realise the benefits of recent investments and restructuring in FY27, supporting financial and operational momentum. A strong balance sheet and disciplined cost management position Praemium to capture emerging opportunities across the wealth platform sector.

    Praemium share price snapshot

    Over the past 12 months, Praemium shares have declined 9%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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    The post Praemium posts FY26 revenue growth and completes platform integration appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Praemium right now?

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    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Praemium wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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    * Returns as of 1 August 2026

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    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 positions in and has recommended Praemium. The Motley Fool Australia has recommended Praemium. 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.

  • Black Cat Syndicate posts record FY26 earnings and profit turnaround

    happy group of people

    The Black Cat Syndicate Ltd (ASX: BC8) share price is in focus today after the company reported record revenue of $374 million and a turnaround to $86 million net profit after tax for FY26.

    What did Black Cat Syndicate report?

    • Revenue surged 903% to $374 million (FY25: $37 million)
    • Net profit after tax of $86 million (FY25: $26 million loss)
    • Net cash from operating activities: $225 million (FY25: $13 million outflow)
    • Earnings per share: 12 cents (FY25: 4.6 cent loss)
    • Cash, bullion and listed investments up 87% to $105 million
    • Total gold production jumped 132% to 90,833 ounces

    What else do investors need to know?

    Black Cat Syndicate delivered strong operational performance at its Paulsens Gold Operation, with the site successfully refurbished and mining recommenced. The $106 million investment in acquiring and restarting Paulsens was fully recouped during the year.

    The company achieved a major milestone at Kal East by processing 100% company-owned ore through its Lakewood facility in the fourth quarter. Management noted significant exploration success at the Regulus and Lynx prospects, helping underpin further growth.

    An update on FY27 guidance is expected by the end of September.

    What did Black Cat Syndicate management say?

    Managing Director James Bruce said:

    Black Cat delivered record financial and operational performance in FY2026, with revenue increasing to $374 million, operating cash flow reaching $225 million and production rising 132% to 90,833 ounces, reflecting the successful ramp-up of our operations.

    Paulsens was a standout performer, fully repaying its acquisition and restart investment during the year while delivering significant exploration success at Regulus and Lynx. At Kal East, we achieved the important milestone of processing 100% Company-owned ore through Lakewood, providing a strong foundation for continued growth.

    With two operating hubs, strong cash generation and a robust balance sheet, Black Cat is well positioned to continue delivering sustainable growth and value for shareholders.

    What’s next for Black Cat Syndicate?

    Looking ahead, Black Cat Syndicate will provide updated FY27 guidance by the end of September. Management is focused on building on its current momentum, with two operational hubs and a robust balance sheet supporting ongoing growth.

    Continued exploration at Regulus and Lynx, and optimisation at both Paulsens and Kal East, will be key priorities as the company aims to deliver sustainable value to shareholders.

    Black Cat Syndicate share price snapshot

    Over the past 12 months, Black Cat shares have risen 13%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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    The post Black Cat Syndicate posts record FY26 earnings and profit turnaround appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Black Cat Syndicate right now?

    Before you buy Black Cat Syndicate shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Black Cat Syndicate wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    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.

  • Lindian Resources secures heavy rare earths supply deal for SARECO facility

    A hand holding a lump of rare earths material against a blue sky.

    The Lindian Resources Ltd (ASX: LIN) share price is in focus today after the company announced it has secured an exclusive option to acquire 13,389 tonnes of heavy rare earths feedstock in Kazakhstan, with the potential to evaluate an additional 15,000 to 20,000 tonnes—all without upfront cash outlay.

    What did Lindian Resources report?

    • Exclusive option to acquire 13,389 tonnes of heavy rare earths (dysprosium, terbium, yttrium) from the Aktau Stockpile.
    • Over 7,500 tonnes prepared for transport, balance to be dried before shipping to the SARECO facility.
    • 12-month period of exclusive rights to evaluate an additional 15,000–20,000 tonnes of above-ground material.
    • No upfront cash payment for exclusivity or for the option to acquire.
    • Testing underway to assess composition; potential to broaden rare earth product suite.
    • Established rail logistics between Aktau and Stepnogorsk plant.

    What else do investors need to know?

    Lindian’s access to a large stockpile in Kazakhstan gives it an in-country feed source for its 100%-owned SARECO rare earth processing plant. This complements the company’s Kangankunde project in Malawi, which is focused on neodymium and praseodymium.

    There’s no resource or reserve yet defined for the Aktau Stockpile, and economic viability will depend on ongoing assay and testwork results. However, these tests could potentially confirm a new revenue stream from high-value heavy rare earths, helping Lindian diversify and strengthen its presence in the critical minerals market.

    The company currently enjoys a flexible arrangement and may, subject to permissions and successful testwork, move forward with both Aktau and Kangankunde as sources of supply for SARECO.

    What did Lindian Resources management say?

    Lindian Resources’ Executive Director Zac Komur, said:

    Aktau is strategically important because it was historically used as feedstock for SARECO, providing Lindian with the opportunity to re-establish an in-country rare earth feed source for the facility. Dy and Tb are among the most strategically important rare earths used in high-performance permanent magnets, while yttrium has important applications across aerospace, electronics and defence. Establishing meaningful exposure to these elements would materially broaden Lindian’s position across the rare earth value chain.

    What’s next for Lindian Resources?

    Lindian is undertaking sampling and metallurgical testwork at the Aktau site, with results expected in coming months. Subject to positive tests and regulatory approvals, the company could ramp up feed to its SARECO plant even before Kangankunde supply commences.

    In the medium term, Lindian’s strategy is to position SARECO as a flexible, multi-feed rare earths processing platform, serving end-markets with both light and heavy rare earth products. The company is also advancing Stage 1 development and feasibility work at Kangankunde, with first production targeted for late 2026.

    Lindian Resources share price snapshot

    Over the past 12 months, Lindian Resources shares have surged more than 200%, far outpacing the All Ordinaries Index (ASX: XAO).

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    The post Lindian Resources secures heavy rare earths supply deal for SARECO facility appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Lindian Resources right now?

    Before you buy Lindian Resources shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Lindian Resources wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    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.

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