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Alfred Chan
Alfred Chan is an Analyst at Emerald Financial, specialising in ASX-listed small cap companies.
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Volpara simplifying breast cancer communication for women with AI-driven imagery
At a time when women are more aware of potential health issues than ever, Volpara Health (ASX: VHT) is set to drastically improve how breast cancer is talked about with imaging technology driven by artificial intelligence that will help prevent advanced stage breast cancer. The imagery will be provided to women in collaboration with Sheila
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Societal shift away from cash sends Novatti transaction volumes soaring
Thriving in a world where cash is becoming less relevant by the day, Australian fintech company Novatti Group (ASX: NOV) has continued leveraging their digital payment capabilities to report their highest ever quarterly revenue with further international expansion firmly in their sights. With an increase in digital payments being made around the world, Novatti has
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Funtastic to make eCommerce push with Toys “R” Us acquisition
It’s a strange world for children who can no longer spend hours browsing toys at Toys “R” Us following their store closures in 2018 but the way toys are marketed is set to get an overhaul with the $32.6 million acquisition of Hobby Warehouse, its brands, and 1 million subscribers by Funtastic (ASX: FUN). The
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PainChek lands first disability services partnership for residential homes
Medtech company PainChek (ASX: PCK) has secured its first disability services operator partnership with Nulsen Group commencing the use of PainChek’s world-first pain assessment smartphone app across five facilities. The 6-month trial is the first of its kind for PainChek with commercial terms falling within Australia’s National Disability Insurance Scheme (NDIS) and will enable both parties
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Trading frenzy on MyDeal sends share price soaring on opening day
Having raised $40 million from their IPO which would give Mydeal.com.au (ASX: MYD) an implied market capitalisation of $258.8m, investors that missed out on the IPO offer have hit the ASX boards in droves to open MYD shares at $1.80, a rise of 80% on their $1 IPO Offer Price. The demand for MYD shares
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United Networks expands to WA, kicks off with $600k contract
Telecommunications company United Networks (ASX: UNL) is set to increase its national footprint significantly with the expansion of their services into Western Australia as part of their renewed strategy to build recurring revenue streams. The new contracts in Western Australia are expected to deliver a fresh $600k in recurring revenue while enhancing their services to
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Veris wins contract to supply telcomms and 5G to Iron Bridge
Australia’s most significant resources project is set to be hooked up to 5G with Veris (ASX: VRS) winning the $2 million contract to design a tech solution that will connect Fortescue’s enormous magnetite project to the rest of the world. The contract was awarded to wholly owned Veris subsidiary, Aqura Technologies which is carving out
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Identitii lands anti-money laundering Mastercard deal
With Australian financial regulators firmly eyeing money laundering and facilitators, regtech provider Identitii (ASX: ID8) has secured Mastercard as a client for their Overlay+ platform which is designed to assist with financial crime compliance. The contract valued at $783k will see Mastercard use Identitii’s Overlay+ platform for their account-to-account network which will securely share crime
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Aussies taking charge of credit debt as Wisr tipping 300,000 customers
Following months of lockdowns which have limited spending opportunities, Australians have used the time to get on top of their finances with neolender Wisr (ASX: WZR) reporting record quarterly revenues, loan originations and customer profiles. This time at home for many has led to Wisr reporting a 37% increase in operating revenue for the quarter
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AI now monitoring prison breaks as icetana lands more motion sensor sales
Prison breakouts in America could soon become even harder with icetana (ASX: ICE) having received more orders for its artificial intelligence motion sensor technology which will be integrated into US prisons. The 5-year licence purchase comes from hardware vendor Rasilient Systems Inc who will supply icetana’s video tech which is driven by AI to detect
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Strategic Elements enters agriculture tech with 3D weed mapping device
Australian innovation company Strategic Elements (ASX: SOR) is extending their existing robotics and automation tech into the agriculture industry with the development of a device that will enable farmers to precisely map agricultural weeds via 3D mapping. The device will integrate multiple data sources including GPS, light detection and high definition cameras attached to an
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Kleos arrives in India for nanosatellites launch
Space tech and data company Kleos Space (ASX: KSS) is set to achieve something many competitors have failed to execute with the launch of nanosatellites into space which will open avenues to new revenues, driven by data collected and monitored from space. The launch is targeted for the first half of November, pending weather conditions,
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CV Check enters international markets with white label HR tech
Recruitment screening and verification company CV Check (ASX: CV1) has secured its first international client for a white label service which replicates their flagship automated screening platform used by hiring teams. The first international contract of its kind is with US-based screening company NetForce Global which will use the CV Check platform under its own
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Little Green Pharma approved to commence manufacturing cannabis products
Australian cannabis company Little Green Pharma (ASX: LGP) has reached a major commercial achievement in their long-term strategy having been granted a manufacturing licence for cannabis products at their newly commissioned facility in Western Australia. “The grant represents the culmination of LGP’s long-term regulatory strategy and is a clear watershed moment for the Company. The
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IKE opens door to major US project with $750k power pole contract
Tech company ikeGPS (ASX: IKE) has secured an opportunity to change how power and telecommunication poles across the United States are managed, having won a contract with a large US electricity company to assess and design its power pole infrastructure through their IKE Analyze platform. Where the humble power pole was once the shining light
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Nvoi lands global recruiter Adecco for its HR tech platform
Tech company Nvoi (ASX: NVO) has secured a big win with global recruitment company Adecco reaching terms for the use of Nvoi’s recruitment management platform and support services. The 12 month agreement will see Nvoi’s JXT platform engaged by Adecco offices around the world including Australia, New Zealand, Hong Kong, Singapore, Taiwan, Malaysia, China and
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Buddy Technologies to ride Amazon Prime Day with Alexa bundle sales boost
Smarthome tech company Buddy Technologies (ASX: BUD) is set to see a big increase in the adoption of their smart lighting solutions through Amazon Prime Day, where the behemoth retailer will be offering a bundle promo for USD $18.99 which normally retails for $59.98. The bundle which will be available only on Amazon Prime Day,
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Takeover bid for Link Group sends share price soaring
Shares in financial services company Link Administration Holdings (ASX: LNK) have surged upon reporting to the market this morning that they have received a takeover bid, valuing Link shares at $5.20 each, a 30.3% premium on their $3.99 Friday close price. The conditional offer has been put together by a consortium comprising of Pacific Equity
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Valmec expands construction portfolio with $15m water contract win
Infrastructure construction and maintenance company Valmec (ASX: VMX) are continuing to scoop up contracts in Western Australia amid the abundance of resource projects coming online with a $15 million water deal from Water Corporation the latest to be secured. The new contract leverages an existing relationship between Valmec and Water Corp with Valmec having provided
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Pensana Rare Earths study to create the world’s first sustainable magnet metal supply chain
Amid global interest in Rare Earths following President Trump’s desire to decentralise supply from China which dominates the market, Pensana Rare Earths (ASX: PM8) is preparing to establish a processing facility that would be the world’s first sustainable magnet metal supply chain. Specifically, a new UK facility would integrate Pensana’s Longonjo project in Angola which
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Aerometrex inks new corporate deals as aerial photography subscriptions rise
In a world where planners face the dilemma of building ‘up’ verses building ‘out’, the value of aerial mapping is seeing greater adoption by decision makers across a variety of sectors as evidenced by new corporate deals secured by aerial photography company Aerometrex (ASX: AMX). Offering Data-as-a-Service through MetroMap, an online imagery application that provides
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iSelect coding error debacle ends in $8.5 million settlement with ACCC
For anyone that has ever used an online comparison service run by iSelect (ASX: ISU), the abundance of disclaimers you have to click through and agree to when their call centre contacts you will make a lot more sense after they reached an $8.5m settlement for disclosure breaches dating back to 2016. The breaches related
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Novatti to expand billing automation platform with US launch
Australian fintech and digital payments company Novatti Group (ASX: NOV) is set to enter one of the world’s most lucrative consumer markets with the expansion of Emersion, an end-to-end business automation and billing platform, to the United States. The expansion will enable service providers such as utilities, telecommunications and insurance companies to gain access to
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MGM pivots child safety tech to new mobile smartwatch for seniors
Cybersecurity and tech company MGM Wireless (ASX: MWR) is tapping into the rapidly rising aged care tech market by re-purposing their existing SPACETALK mobile smartwatch, which gives children a safe device for online communications. Originally designed to give parents the ability to track their children and enable calls between them but without access to social
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Harvest Technology forms global alliance to promote resource sector wearable tech
Communications tech specialist Harvest Technology (ASX: HTG) has entered into a global marketing alliance with Inmarsat and Applied Satellite Technology Group to promote a wearable device that can be used for live transmission of data that will transform how remote sites in the resources industry are monitored. The development comes at a time when management
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Resonance Health preparing FDA submission for pulmonary embolism AI alerts
Medical imaging and research company Resonance Health (ASX: RHT) continues to advance a new artificial intelligence solution for automated alerts for patients with a suspected pulmonary embolism (PE), blood clots that block arteries in the lungs. The research and development has now led to the Pre-Submission filing of ALERT-PE to the United States Food and
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SRJ Technologies to enter Saudi Arabia, targeting lucrative oil and gas projects
Engineering solutions company SRJ Technologies (ASX: SRJ) is set to enter one of the world’s most lucrative oil and gas markets with the appointment of an agent in Saudi Arabia to represent SRJ, targeting the Kingdom’s premium projects. The 3-year agreement will see ZOMCO, a domestic maintenance service company founded in 1977, promote SRJ’s technology
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Emerald Financial Research Note – Novatti Group
The onset of the Coronavirus pandemic has altered various aspects of daily human interaction where enforced lockdowns have created generational changes driven by technology. This has only increased the transition towards a cashless economy where, even prior to the pandemic, Novatti has developed an international network of partners that enable seamless movement of money across
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US students flock to online learning as Family Zone reports record revenue
Despite a ‘no big deal’ attitude in the United State towards the coronavirus pandemic, educated Americans have been minimising the spread of COVID-19 with droves of students adapting to online learning where edutech provider Family Zone (ASX: FZO) has seen a 250% increase in revenue with 2,834 schools now on their distance learning platform. From
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China to eat for a lifetime as Fonterra sell China farms for $555m
Give a man to fish, he eats for a day. Teach a man to fish, he eats for a lifetime. This could be a telling analogy of Fonterra’s (ASX: FSF) relationship with China in the competitive dairy products market after the New Zealand based company sold farms owned in China for NZD $555 million to
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Novatti granted regulatory approval to issue Visa cards in New Zealand
Fresh off the launch of their Digital Payments Accelerator, Australian fintech company Novatti Group (ASX: NOV) has been granted approval in New Zealand to expand its credit card issuing services. The approval for ‘issuing and managing means of payments’ in New Zealand will provide commercial opportunities for Novatti to extend services to existing clients in
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End of an era as Sizzler closes doors in Australia
Our next generation of budding leaders will miss out of one of Australia long-standing traditions linked to fast food buffets as Collins Foods (ASX: CFK) has made the difficult decision to close all off its Sizzler restaurants as a result of COVID-19. While the brand has been under internal review since 2015 and no longer
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Buderim sells ginger division, transitions focus to booming US plant protein market
Health foods company Buderim Group (ASX: BUG) is cashed up for its transition towards a company rebrand that will focus on plant protein foods following the sale of their ginger production business for $13 million. The sale has long been a formality for Buderim which will be followed by a name change to Health and
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Dragontail to deliver pizza AI in up to 2,500 Latin America stores
Food tech and artificial intelligence company Dragontail Systems (ASX: DTS) is set to make continental waves in Latin America having secured a Master Services Agreement with Food Delivery Brands Group which operates more than 2,500 stores globally, across 30 countries. The agreement will see Dragontail collaborate with FDGB to improve process efficiency and customer satisfaction
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ApplyDirect adds mentoring services to their HR and recruitment service suite
AD1 Holdings (ASX: AD1), the company which owns recruitment site ApplyDirect, is set to expand its recruitment and HR services with the acquisition of mentoring business Art of Mentoring which, if utilised, can further the career pathways of jobseekers and professionals. The $1.5 million acquisition comprising $1m cash and $500,000 of AD1 shares is expected
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FirstWave secures leading Indian telco for cybersecurity supply deal
Cybersecurity company FirstWave Cloud Technology (ASX: FCT) is set to have their technology used across the world’s second largest telecommunications market having entered a landmark agreement with Indian telco Vodafone Idea which was recently re-branded as Vi. The 3-year agreement will see Vi roll out FirstWave’s cybersecurity solutions to its business customers in a country
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Novatti launches new payments platform for purpose-issued Visa cards
With the coronavirus pandemic highlighting society’s declining use of cash, fintech and digital payments company Novatti Group (ASX: NOV) has launched a new configurable platform for businesses to access world-leading Visa issuing solutions without the intensive investment required to build and launch from scratch. The Digital Payments Accelerator offers startups, businesses of all sizes and
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Piedmont future secured through lithium supply agreement with Tesla
Shares in Piedmont Lithium (ASX, NASDAQ: PLL) have rocketed following confirmation the smallcap lithium explorer has secured Tesla Inc (NASDAQ: TSLA) as a flagship customer under a binding 5-year supply agreement. The agreement will see Piedmont supply spodumene concentrate (SP6) to Tesla from their North Carolina project and represents one-third of their planned 160,000 tonnes
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National Institutes of Health engage Imricor for inner heart research
Medtech company Imricor (ASX: IMR) has been awarded a contract from the US National Institutes of Health (NIH) to advance their leading MRI technology into a prototype device that can biopsy the inner walls of the heart. The awarded contract will see Imricor receive USD $399,539 over the next 12 months for the project where
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Scout Security shares surge on revenue-sharing scheme with Amazon
Security tech company Scout Security (ASX: SCT) could play a role in improvement of gun control in the United States, with their intruder alert technology set integrated into Amazon’s new smart home service Alexa Guard Plus under a revenue-sharing agreement. The Scout Alarm technology is specifically integrated into Amazon Echo devices with Amazon’s new Guard
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Gage Roads opens first taproom, microbrewery and hospitality venue
It is finally back to business as planned for Gage Roads Brewing (ASX: GRB) which today can open the doors of its first venue, Atomic Beer Project, after its original opening date was pushed back six months due to the COVID-19 pandemic. Located in Redfern, New South Wales, Atomic Beer Project is the first hospitality
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CardieX partners with tech giant Mobvoi for new health smartwatch
Biotech company CardieX (ASX: CDX) has expanded on an existing partnership with Chinese tech giant Mobvoi, which is backed by Google, for the launch of a new health-focused smartwatch which will incorporate CardieX’s software and artificial intelligence. The smartwatch will be developed in collaboration with Mobvoi to supply hardware and firmware with CardieX to then
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Telix submits FDA application for new prostate cancer imaging product
It may soon be easier for prostate cancer to be diagnosed at an early stage with Telix Pharmaceuticals (ASX: TLX) having submitted their radiopharmaceutical imaging technology to the Food and Drug Administration for approval. The New Drug Application (NDA) comes after completing clinical trials across more than 600 patients which builds on peer-reviewed clinical research
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Sezzle to facilitate bulk lending in US through partnership with Ally Financial
Seeking to increase their buy-now-pay-later services, Sezzle (ASX: SZL) is entering the neo-lending space in the United States through a partnership with Ally Lending, a lending division of Ally Financial (NYSE: ALLY), which offers payment plan loans up to USD $40,000. The partnership will enable Sezzle to significantly increase the purchasing power of its BNPL
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Rex eyes March resumption of major city flights with $150m foreign investment
With the support of a $150 million investment from private equity firm PAG Asia Capital, Regional Express Holdings (ASX: REX) is hoping to resume domestic flights between its major cities network by March 2021 after operations were decimated by pandemic travel restrictions. Exclusive negotiations are underway, but the proposed funding would be an investment in
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Respiri engages Chinese production to up asthma device manufacturing
Medtech company Respiri (ASX: RSH) has continued its long path towards commercialisation of its asthma diagnostics device ‘wheezo’, having entered into a global manufacturing agreement with Entech Electronics for 12,000 devices. The agreement will see Entech manufacture the devices from their facilities in Shenzen, China. The order placed is for significantly more devices than the
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Italian Hospital to commence 3-month trial of Vection’s augmented reality
Technology we’ve really only seen in the Ironman movies could soon become a reality with Vection Technologies (ASX: VR1) set to have it’s augmented reality technology trialed by a hospital in Italy. The trial will focus on two augmented reality healthcare solutions developed by Vection. The first will enable surgeons to view data fields from
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Emerge Gaming increases global reach with Microsoft partnership
Gaming tech and eSports company Emerge Gaming (ASX: EM1) is set to gain access to mass distribution having been appointed by Microsoft as an Independent Software Vendor (ISV) which will secure access to industry-leading technology and new customers in 61 countries. The partnership will enable Emerge Gaming to access Microsoft’s hardware services which drive modern
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Emerald Equities Research Note – Healthia Ltd
Earlier this week, the Advisors at Emerald Financial recently released a Buy report on Healthia Ltd (ASX: HLA) with updated stock scores and financial projections. Key Highlights include: (1) Minimal COVID-19 disruption with clinics classified as vital community services; (2) 12 clinics acquired for $5m without drawing down on the $50m loan facility; (3) CommittedRead MorePublic
Macmahon thriving with $250m in WA mining contract wins
Strong gold prices and a bevy of projects coming online has mining services company Macmahon Holdings (ASX: MAH) in hot demand, today confirming they have been appointed as the preferred mining contractor for the Warrawoona Gold Project, a contract worth $220 million. Located in the WA’s lucrative Pilbara region, Warrawoona will be a new open
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Asian interest in health tech accelerates MyFiziq and Biomorphik app rollout
Rising demand from Asia for health and fitness tech has accelerated MyFiziq’s (ASX: MYQ) plans to integrate their body scanning technology into partner applications with Biomorphik bringing forward their collaborative app release date three months, to November 2020. The accelerated roll-out will see Biomorphik launch its health and wellness platform which aims to reduce health
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Decmil joins Iron Bridge Project with $41m contract win
As Australia’s most significant mining project advances towards production, the Iron Bridge Project in Western Australia is continuing to support domestic business with engineering and construction company Decmil Group (ASX: DCG) the latest to secure a $41m contract at the site. Winning a competitive tender, Decmil will commence design and construction of a bulk fuel
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Catapult appointed as tech supplier across French rugby
Sports tech, data and analytics company Catapult Group (ASX: CAT) has emerged from a competitive tender process to be appointed as the preferred supplier of technology to all teams that compete in France’s Top 14 and Pro D2 professional rugby competitions where the nation is set to host the next Rugby World Cup in 2023.
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Middle Eastern Government agency to install $2m of Senetas encryptors
Cybersecurity firm Senetas (ASX: SEN) is making waves in the Middle East, having secured a $2 million order through global distributor Thales, for their Ultra-High speed 100Gbps Ethernet encryptors. The CN9000 series encryptors will be deployed to secure the data in transit of a Middle Eastern government agency, enabling protection of their data network without
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Hemp-based face masks coming to a retailer near you soon
To counter rising concerns around the environmental impact of disposable face masks being used to restrict the spread of COVID-19, Australian Primary Hemp (ASX: APH) has launched a new hemp-based face mask which provides 99.9% microbial reduction. The face masks are reusable, biodegradable and sustainably-sourced with the Company to commence supplying the masks to Australian
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Flexigroup launches humm in NZ for BNPL purchases up to $10,000
New Zealanders keen to utilise buy-now-pay-later services for bulky purchases will soon be able to access interest-free payment terms through humm, with FlexiGroup (ASX: FXL) set to launch their BNPL service across the Tasman. With other BNPL services offering payment plans for purchases up to $1,000, Flexigroup has carved out it’s unique role in the
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AusCann success with medicinal cannabis for nerve pain trials
Pharmaceuticals company AusCann (ASX: AC8) is set to progress to the next stage of clinical trials having successfully completed their first round on Neuvis, their cannabinoid-based capsule developed to treat nerve pain – an area of medicine that is inadequately met. Estimated to affect 7-10% of Australians, nerve pain is caused by damage to the
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Emerald Financial Sector Report – ASX Retail and Consumer Trends
Since the commencement of the coronavirus pandemic in 2020, one of the industries most heavily affected has been the retail sector, where lockdowns have resulted in generational changes as to how populations buy goods. Changes to consumer trends brought upon by COVID-19 will have long-lasting effects on ASX retail stocks where corporate responses to the
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Strategic investment accelerates Crowd Media towards conversational AI
Tech and eCommerce company Crowd Media (ASX: CM8) is forging ahead with their vision of conversational commerce by securing equity in a vital tech partner that develops visual projections which, when coupled with Crowd’s artificial intelligence, can deliver the ‘Holy Grail’ of influencer marketing. The $365k investment in Forever Holdings will give Crowd Media 8%
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New NAB credit card just the start of many BNPL hijacking attempts to come
Millennials have suddenly become the centrepoint of the financial services universe where it now seems that unless you use sexy buzz terms like ‘interest-free’ and ‘easy repayments’, you have no chance of wooing them. So now starts the game of ‘how we can make money from them in any method other than interest charges?’ Which
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Cannabis stocks rise as TGA to approve over-the-counter CBD without prescription
Despite a gloomy day on the ASX yesterday, Australian cannabis companies ended it very well upon news of the Therapeutic Goods Association (TGA) announcing they will amend legislation that will open a clear path for Australians to purchase cannabidiol (CBD) products without a prescription. The notice of interim decision was released confirming that the TGA
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Crowd Media brings award winning anti-aging skincare to Europe
Tech and eCommerce company Crowd Media (ASX: CM8) is continuing to grow its burgeoning stable of brand partnerships that bring popular consumer goods to Europe with US-based skincare company MD Complete the latest to utilise Crowd’s influencer network in a lucrative market. The 3-year exclusive distribution agreement will see Crowd Media market MD Complete’s Dermatologist-formulated
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Pure Foods Tasmania eyes Aussie meals to Asia with potato farm acquisition
With changing trends in the way we prepare meals where convenience is in demand, Pure Foods Tasmania (ASX: PFT) is set to significantly expand its meal solutions range with the acquisition of Daly Potato Company and its potato-based meals, farm and food products. The acquisition will increase the production and export capabilities of Pure Foods
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Aussies flock to newly ASX-listed BNPL provider Laybuy on opening day
The buy-now-pay-later train is showing no signs of slowing down with Australian investors keen to jump aboard new BNPL investment opportunities as evidenced by the opening day of trade for Laybuy Group (ASX: LBY) as an ASX-listed company. Founded in 2017 by Gary Rohloff and his family in New Zealand, Laybuy Group has emerged as
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Cannabis toothpaste is a thing, and Zelira Therapeutics are commercialising it
Furthering their expertise in the field of cannabinoid-based therapeutics, Zelira Therapeutics (ASX: ZLD) is set to tap into the oral care market with the launch of hemp derived toothpaste in the United States. The toothpaste formulation was created by Sprinjene CEO and Founder, Dr Sayed Abrahim who developed the oral care product which is gluten-free,
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Digital Wines to offer BNPL for wine purchases up to $250,000
Joining in on the market frenzy for all things related to buy-now-pay-later, Digital Wine Ventures (ASX: DW8) has launched its own offering of the phenomenon in the form of Credit-as-a-Service (CaaS) where customers will be able to buy up to $250,000 of wine from their platform, and pay later. Intended to operate like BNPL market
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SenSen to bring AI to Australia for driverless car testing
Tech and artificial intelligence company SenSen Networks (ASX: SNS) is poised to accelerate Australia’s transition towards driverless vehicles having commenced a collaboration with ACE Electric Vehicles Group to push Australia’s manufacturing capabilities. Specialising in smart city technology using multi-camera and multi-sensor data, SenSen already has significant AI on traffic data through their current capabilities which
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Former ASX darling GetSwift to delist, heads to North America
Troubled tech company GetSwift (ASX: GSW) is set to bring an end to their time on the ASX after several controversial years, with plans to re-domicile to Canada at a time when an impending class action against the Company is set for trial. The former market darling which listed on the ASX in December 2016
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New Novatti app brings top end billing automation to small business
Small business operators will soon have access to an end-to-end billing, payments and sales management system with Novatti Group (ASX: NOV) having gained approval from Salesforce for the inclusion of the Emersion payments app on the Salesforce AppExchange marketplace. The Emersion app, launched by wholly-owned subsidiary Emersion Systems, integrates many of the features offered to
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Do HotCopper’s marketing emails influence a stock price?
Keen investors will at some point in their life visit the ASX stock forum HotCopper which has long been the largest forum for discussion of ASX-listed companies, and subsequently received marketing emails for penny stocks they sell advertising for. Having established the forum in 1994, the site has built up the largest database of Australian
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BrianChip collaborates to optimise AI chip for aerospace applications
As the United States accelerates its aerospace program, artificial intelligence is likely to play a major role in future discoveries where deep tech company BrainChip (ASX: BRN) has entered into a collaboration with VORAGO Technologies to optimise processor chips for extreme conditions. The collaboration is intended to support a Phase I NASA Program from BrainChip’s
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Founders First to launch seltzer range as drinkers seek healthy alcopops
As Australians seek healthier alternatives to traditional pleasure foods, the alcohol sector is following the same trend, prompting beer and liquor company Founders First (ASX: FFL) to secure equity in Torquay Beverage Company in preparation for the launch of a new seltzer range. Produced by TBC, NoSH Boozy Seltzer will be sold in more than
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New PharmAust venture to convert waste to fuels in world-first
Biotech and pharmaceuticals company PharmAust (ASX: PAA) is set to launch a new venture which will advance disruptive technology that can convert waste such as plastics and rubber tyres into valuable fuels and agricultural growth stimulants. The novel technology has been developed by US-based Australian, Ken Anderson who is the Founder and Chief Technology Officer
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Archer advances graphene-based biosensor tech with 3D printed prototype
Graphene-focused tech company Archer Materials (ASX: AXE) has successfully developed a prototype of its biosensor device using additive manufacturing and a 3D printer to produce hardware that will be vital to their biotech roadmap. The 3D printed device forms the outer cartridge which houses the graphene sensor, with the hardware design having been specifically engineered
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Growing mobile disrupter amaysim cashed up with sale of energy business to AGL
Mobile services provider amaysim (ASX: AYS) is set to focus on its growing telecommunications business with the sale of energy asset Click Energy for $115m. The divestment comes on the same day the Company has reported substantial growth in mobile subscribers and earnings. The sale of Click Energy to energy giant AGL (ASX: AGL) will
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Crowd Media leverages AI in major cost savings and financial turnaround
Through a year of business transformation, eCommerce and tech company Crowd Media (ASX: CM8) has delivered a $2.8 million financial turnaround which has seen major developments in their retail network and AI tech which is handling 60% of customers. Cost cutting and streamlining of operations have been a focus for Crowd through FY20 with the
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Nuheara engaged by tech giant HP for audio experience collaboration
Audio tech company Nuheara (ASX: NUH) has gained notable support having been engaged by global tech company HP Inc (NYSE: HPQ) to collaborate on new audio technology for HP and its millions of customers around the world. The collaboration will focus on new audio experiences with Phase 1 of the multi-phased arrangement to commence immediately.
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Healthia revenues surge 40% as clinic acquisition spree continues
Allied healthcare provider Healthia (ASX: HLA) has reported a 40.3% increase in revenues where business has returned to pre-COVID levels, with clinics having remained open through the pandemic in order to take pressure off the public health system as per Government directives. Alongside the jump in revenue for FY20 to $92.4m, Healthia has also reported
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QuickFee powers ahead in the US with BNPL adoption for professional services
Despite being an Australian company that listed on the ASX last year, the United States has emerged as the core growth market for buy-now-pay-later provider QuickFee (ASX: QFE) which is gaining traction from their BNPL repayment options for accountants, lawyers and other professional service providers. Reporting their FY20 performance which included a $13.5m IPO in
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Commonwealth Intelligence Agency engages archTIS for 8 week cybersecurity trial
With data and cyberspace being the contemporary medium for international espionage, Australia is increasing its vigilance with a Commonwealth Intelligence Agency engaging cybersecurity firm archTIS (ASX: AR9) for an 8 week contract. Over those 8 weeks, archTIS will run a Proof of Concept to implement policy-based access to movement of big data between agencies in
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Savaged by COVID, Mosaic to permanently close 500 fashion stores
Retail in Australia has changed forever as a result of COVID-19 with Mosaic Brands (ASX: MOZ) the first large ASX-listed fashion retailer to announce mass closures of their retail network where up to 500 clothing stores will close permanently over the next two years. The announcement to reduce their network of more than 1,333 stores,
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Seven winning the ratings war but financial struggles mount
One year into his appointment as the hopeful savior of Seven West Media (ASX: SWM), CEO James Warburton is delivering on his incredibly difficult task of turning the media giant’s fortunes around, with a return to the top of the Ratings charts. Although it may seem a rather simple strategy of rehashing old reality shows,
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Northern Minerals settles ATO dispute with $21 million write-off
The first producer of heavy rare earths in Australia, Northern Minerals (ASX: NTU), is set to finally resume business as normal having reached a settlement with the Australian Taxation Office over a claim that dates back to 2016, albeit conceding $21.3 million in the process. The dispute relates to Research and Development expenses incurred by
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Bubs clears regulatory pathway with breakthrough China collaboration
With trade tensions between Australia and China bubbling, dairy products company Bubs Australia (ASX: BUB) has mitigated their potential risk exposure through an agreement with China-based Beingmate which will package and mass distribute their 100% Australian goats milk formula. In particular, the collaboration will seek a State Administration for Market Regulation (SAMR) brand slot which
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Rent negotiations reach boiling point as Westfield padlocks 129 Mosaic stores
After months of negotiations brought upon by the coronavirus pandemic, Mosaic Brands (ASX: MOZ) has had 129 of their retail stores temporarily closed by Scentre Group (ASX: SCG), the operator of Westfield shopping centres. The tough decision comes after months of underpayment in rent from Mosaic whose retail stores have been severely depleted of foot
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Simble bringing end to pesky energy telemarketers with non-invasive comparison app
We’re sick of them. Australian’s are sick and tired of being harassed by telemarketers offering to compare our energy bills with the promise of savings. If you don’t hang up on them within the first 30 seconds, they’ll waste an hour of your time before mentioning costly disconnection fees, before calling you up again in
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COVID pump fizzles as ASX scrutinise Holista Colltech, costly for new investors
Amid the boom of retail investors entering opportunistic penny stocks capitalising on COVID, many are now under the watchful eye of ASX regulators after share price pumps led by business pivots into hygiene product supply such as hand sanitiser. Just one of many to do so at the start of the pandemic, food production company
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Rent.com.au emerging as top destination for rental markets as tenants seek flexibility
The Australian rental market is set for a period of change with both interstate and domestic movement around the country impacting property markets. But through the economic uncertainty, tech company Rent.com.au (ASX: RNT) has emerged as the primary destination for tenants and landlords with a 13% increase in revenue for FY20. The largest dedicated rental
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Tabcorp profits plummet as rebuild embarks with $600m cap raise
An eerie sort of irony surrounds wagering and sports giant Tabcorp Holdings (ASX: TAH) which is set to embark on a corporate rebuild in the same way an underperforming AFL team does. The CEO and Chairman are on the way out, fresh blood is being sought with a $600 million capital raise and a strategic
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Digital explosion leads Michael Hill to launch purely digital Medley Jewellery
The rapidly changing retail landscape continues to evolve through COVID-19, with consumers now having little qualms buying goods online that traditionally had to be bought in-store. Jewellery in particular has met this trend as evidenced by retail jeweler Michael Hill (ASX: MHJ) which has reported a 54.5% increase in digital sales and the launch of
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Thedocyard to seek $45m for Ansarada merger to create global SaaS leader
Although having only listed publicly on the ASX six months ago following a $26.5 million IPO, tech company thedocyard (ASX: TDY) is on the move again with a proposed merger with unlisted Ansarada to form a global leader in business services tech. A proposed merger with Ansarada would require thedocyard to raise an additional $45
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Veris wins surveying contract for Stockland’s newest residential community
Surveying company Veris (ASX: VRS) has strengthened its relationship with property developer Stockland (ASX: SGP) having been awarded a survey and design contract for their newest planned residential community – Katalia Estate. Katalia Estate is expected to take 10 years to complete all 1500 lots, with Veris to provide surveying and planning services for the
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Hydrix successfully implants heart attack warning device in four patients
Since securing the exclusive distribution rights to the AngelMed Guardian device, the only FDA approved implantable heart attack warning system, Hydrix (ASX: HYD) has now successfully implanted the device in four patients in Singapore. Implanted over a 3-day period, patients were selected based on their previous medical history to ensure they would benefit from the
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Emerge Gaming secures 10,000 subscribers, eyeing international expansion
When discussing the global gaming and eSports market, Africa may be one of the less likely regions first considered, however, Emerge Gaming (ASX: EM1) may have identified a market gem having secured more than 10,000 subscribers within the first month of launching MTN Arena – a mobile gaming and tournaments platform. Co-branded alongside MTN, Africa’s
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Keytone Dairy partners with Coles to distribute plant-based protein shakes
Within two weeks of launching their plant-based protein shakes, Keytone Dairy (ASX: KTD) has secured national distribution through Coles which will become the first major supermarket to stock Tonik Plant – the first plant-based shake of its kind. The distribution agreement comes amid a growing trend within Australian consumers seeking plant-based products, popular in the
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Bumper result for Baby Bunting as bubs get plenty of pandemic lovin’
Through COVID-19, one of the better problems for retail businesses has been to not qualify for JobKeeper support, and is the case for Baby Bunting (ASX: BBN) which reported bumper FY20 sales of $405m, an 11.8% increase on the previous year. Strong results for the baby products retailer come despite disruption caused through the pandemic,
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Fiji Kava engaged by top healthcare company for anxiety treatment
Anxiety sufferers may soon have a new alternative natural treatment available to them with health and wellness company Fiji Kava (ASX: FIJ) to supply noble kava extract to BioCeuticals, a healthcare products company owned by Blackmores (ASX: BKL). The supply agreement will provide BioCeuticals with noble kava extract to be used in their AnxioCalm products
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BlackEarth secures Tier 1 global offtake partner for their high-quality graphite
Following significant testing on their graphite to confirm its high-quality specifications, BlackEarth Minerals (ASX: BEM) has secured a Tier 1 offtake partner with top European refractory company RHI Magnesita (LSE: RHIM) entering a binding agreement to purchase BlackEarth’s graphite. The Memorandum of Understanding will see BlackEarth work closely with RHIM to produce “tailor-made” graphite concentrate
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A beer fortune turnaround Broo-ing with large CUB order
Despite some struggles faced through COVID-19 shutdowns, beer producer Broo (ASX: BEE) could be on the move again having entered into a production agreement with Australia’s leading brewer Carlton and United Breweries (CUB). The order with CUB comes despite Broo owning and operating their own brewery facility in Mildura where they produce Broo Premium Lager
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Gage Roads to launch flagship entertainment venue in WA tourism hub
Fremantle Harbour’s Victoria Quay will soon become the spiritual home of Gage Roads Brewing (ASX: GRB) which has secured the iconic A Shed for a multi-discipline entertainment venue within the emerging tourism precinct. The A Shed, which played a key role in the establishment of Fremantle as a harbour town, will be re-designed by Gage
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IVE shares tumble as Coles ends printed catalogue delivery to 7 million households
Kids looking for delivery routes as their first job have perhaps had the opportunity taken away from them thanks to technology, with Coles (ASX: COL) ending delivery of their weekly catalogues to more than 7 million Australian households. Printed copies of catalogues will still be available in-store but the 14,000 walkers managed by marketing company
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Atomo’s rapid COVID-19 test approved by TGA for distribution
Australians will soon have access to a rapid COVID-19 test where results can be obtained in just 15 minutes from a drop of blood following approval from the Therapeutic Goods Association (TGA) for Atomo Diagnostics’ (ASX: AT1) rapid antibody test. The test device has been independently tested at laboratories in France where the AtomoRapid test
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Healthia secures Queensland Rugby naming rights till end of 2021
Allied healthcare provider Healthia (ASX: HLA) has strengthened its position as the leading physiotherapy and podiatry provider in Queensland having secured the naming rights for State’s top club rugby competition until the end of 2021. The Allsports Physiotherapy Hospital Challenge Cup resumed at the start of August following a COVID-19 hiatus and continues Healthia’s long
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Adairs rides online retail boom with record homemaker sales and profit
Australians and Kiwis are likely to be very comfortable at home through pandemic isolation if the record sales of homemaker retailer Adairs (ASX: ADH) are an indicator, with the Company’s online sales up 110.5% for FY20. Although the pandemic caused closures of their retail stores across Australia and New Zealand for a few months, Adairs
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4D Medical commences trading on the ASX, opens at 2x IPO Price
Investors that missed out on the IPO for medtech company 4D Medical (ASX: 4DX) have had no qualms buying the stock on market with shares in 4DX opening at $1.47 when trading commenced this morning, more than double the IPO Offer Price of $0.73. The significant jump follows a similar trend among Australian investors that
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QLD Government wants you visiting theme parks, issues Ardent $69.9m support
With Queensland’s swift management of COVID-19, the Sunshine State is set to recover quicker than its southern neighbours and the State Government is aiming to restart its tourism industry via a $69.9m support package for Ardent Leisure (ASX: ALG) which will re-open Dreamworld and WhiteWater World in September. The financial assistance packages totaling $69.9 million
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Envirosuite acquires wastewater algorithm, set to launch industrial Smart Water service
Environmental intelligence company Envirosuite (ASX: EVS) is looking to extend the world’s sustainable consumption capabilities having acquired technology that can optimise wastewater treatment plants using artificial intelligence and machine learning. The water modelling technology has been purchased for $1.35m from Aqueous Material Balance (AqMB) and enables users to run hypothetical changes to chemical and biological
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Crowd Media expands Amazon EU store with natural Brazilian beauty products
With online retail thriving through the pandemic, eCommerce company Crowd Media (ASX: CM8) is set to build on their strong FY20 performance having entered into a partnership with US-based Teadora Inc to market natural Brazilian beauty products through Europe, including the Amazon EU marketplace. Leveraging their extensive network of more than 1,000 social influencers, Crowd
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Pointsbet partners with the Indiana Pacers in an NBA-first
Australian bookmaker Pointsbet (ASX: PBH) has secured valuable on-court and stadium advertising in the United States having been appointed the official sports gaming partner of the Indiana Pacers NBA team. The multi-year agreement with Pacers Sports & Entertainment will enable Pointsbet to have it’s branding printed along the baseline of the Pacers’ home court in
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Uscom releases ventilator calibrator as demand surges through COVID-19
To assist with maintenance of ventilator devices being used to combat the coronavirus pandemic, Uscom (ASX: UCM) has released the SpiroSonic VENTITEST ventilator testing device which will allow medical professionals to calibrate ventilators, making it the first digital ultrasonic calibrator of its kind. With the need for ventilators having risen dramatically as the world grapples
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Inventis launches revolutionary Smart Chair, biggest chair development in 30 years
As the pandemic has brought major changes to working environments, droves of employees are spending more time at their desks, leading Inventis (ASX: IVT) to launch their G-Smart ‘Smart Chair’ – an ergonomic solution which integrates health tech into the humble office chair. With sensors built into the chair that integrate with a smartphone app,
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Aged Care tech demand rising as HSC partners with Harvey Norman
As Victoria grapples with their COVID-19 aged care crisis, interest in contact-free assistance is growing with HSC Technology (ASX: HSC) entering a reseller agreement with Harvey Norman for their smart care platform. An integrated telehealth solution, HSC Care offers a suite of products which can monitor aged care residents through sensors and monitoring devices. The
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Neometals launches lithium-ion battery recycling venture in Europe
As the world continues advancing clean energy solutions which is likely to see an abundance of lithium-ion batteries produced over the coming years, energy storage company Neometals (ASX: NMT) has launched a joint venture with German metallurgy company SMS Group to commercialise a battery recycling business in Europe. The 50:50 joint venture, called Primobius GmbH,
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Catapult Sports wins FBS College Football contract
Sports data, technology and analytics company Catapult Sports (ASX: CAT) has secured direct access to one of the world’s biggest sports leagues having won a contract to manage video exchange services to all 130 Division 1 College Football teams. Following the competitive tender process, all movement of Football Bowl Subdivision (FBS) video will be managed
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Home buyers in control as US Real Estate Agents flock to RateMyAgent
Having successfully developed an online business model in Australia, RMA Global (ASX: RMY) has ramped up penetration of the lucrative US market with RateMyAgent, their reviews platform for real estate agents, since launching a strong marketing push in March 2020. The platform has now advanced in the US to have more than 60,000 real estate
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Swick drilling into more success with Northern Star contract win
With the price of gold reaching all-time highs, mining services provider Swick (ASX: SWK) is thriving having secured new contracts and extensions from some of Australia’s largest mining companies to take their order book to $244 million. Among their bigger contracts is an extension from Northern Star Resources (ASX: NST) at their West Australian Jundee
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Watch: Novatti Delivers Record Revenue Despite COVID-19
Despite the economic impact of COVID-19, fintech and payments company Novatti Group (ASX: NOV) has reported record revenues for the quarter to deliver $3.05m (unaudited). Managing Director, Peter Cook provided investors with a quick video update on Novatti’s thriving payments business and plans for the upcoming year where the Company is well funded for growth
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Osprey secures GE Healthcare for global distribution of kidney imaging tech
Medtech company Osprey Medical (ASX: OSP) has significantly increased its global distribution network having secured distribution of their kidney imaging portfolio by partnering with global giant GE Healthcare. Under the 4-year agreement, GE will commercialise Osprey’s DyeVert portfolio which reduces the amount of contrast that reaches the kidney for imaging, and will assist medical professionals
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SUDA gains regulatory approval for sale of insomnia treatment spray
Australians suffering from insomnia could soon have relief from the disorder with SUDA Pharmaceuticals (ASX: SUD) gaining approval from the Therapeutics Goods Administration (TGA) for the sale of their ZolpiMist spray as a treatment for short-term insomnia. The regulatory approval enables ZolpiMist to be sold in Australia and will assist their strategic partners in other
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Cellmid secures US distribution to 40,000 salons for anti-aging hair care
Australian health and biotech company Cellmid (ASX: CDY) is set to capitalise on rising health product retail sales in the United States having secured an exclusive distribution partnership with Tru Beauty Concepts and their network of 40,000 hair salons. The 5-year distribution deal will provide Cellmid with access to Tru Beauty salons across 11 US
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WhiteHawk wins 5-year US Government cybersecurity contract
Having successfully fulfilled various Government deals as a subcontractor, cybersecurity company WhiteHawk (ASX: WHK) is stepping up their game having won a 5-year US Federal contract as a prime supplier. The deal is valued at USD $580,000 per annum with an additional $600,000 per annum Option available if the Government elects to increase their cybersecurity
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InteliCare secures first NSW orders for contact-free aged care systems
Amid the raging situation in Victoria with rising COVID-19 cases in aged care facilities, tech company InteliCare (ASX: ICR) has secured a cornerstone order for their aged and disability care system which enables families to monitor loved ones contact-free, without invading their privacy. The order for 120 InteliLiving Systems was placed by independent care provider
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Novatti payments revenue up again for sixth consecutive quarter
Despite the economic impact of COVID-19 seeing adverse effects in most industries, the digital payments sector is thriving with populations in isolation as evidenced by fintech company Novatti Group (ASX: NOV) again reporting record revenues from their payments processing business. For the quarter ending 30 June 2020, the company delivered $2.07m (unaudited) solely from their
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Testing data shows Magnis can charge an Electric Vehicle battery in just 6 minutes
Adoption of electric vehicles could surge if Magnis Energy Technologies (ASX: MNS) is able to deliver on their testing data which can charge an EV battery in just six minutes for what would be a game changer in the global market. Within their Extra Fast Charge (EFC) batteries which were developed by partner – Charge
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Alcidion secures major UK hospital network for Patientrack health monitoring
Smart healthcare continues to make strides in the United Kingdom with healthtech company Alcidion (ASX: ALC) to deploy their Patientrack monitoring system across the NHS Lanarkshire, the third largest health board in Scotland. With approximately 12,000 staff working across communities, health centres, clinics and three district hospitals, the 5-year agreement will see Alcidion roll out
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DroneShield secures counter-drone contract from U.S Air Force
Drone defence and security company DroneShield (ASX: DRO) has secured a significant contract from the United States Air Force for counter-drone systems to be installed at their North Dakota air base. The contracts valued at USD $200,000 are not majorly material for the Company, however there is the potential opportunity to secure further business from
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Viva Leisure becomes third largest gym operator with $18m Plus Fitness acquisition
Australia’s gym sector is set for a shakeup with Viva Leisure (ASX: VVA) to acquire Australian Fitness Management (AFM) and its 197 franchised Plus Fitness locations which will leapfrog Viva to become the third largest operator in the country. Across their 197 clubs, Plus Fitness has a combined membership of approximately 175,000 members with the
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9Spokes shares surge with 5-year Visa partnership inked
New Zealand-based fintech company 9Spokes (ASX: 9SP) has secured its most significant corporate deal to date having entered into a partnership with Visa, who will offer the 9Spokes platform to small business merchants worldwide. Under terms of the 5-year agreement, Visa USA Inc will promote the 9Spokes business management platform to Visa clients and small
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CannPal trials confirm cannabis good for dog health and immunity
Animal health company CannPal Animal Therapeutics (ASX: CP1) is proving that the health benefits of medicinal cannabis extend beyond the human realm with their latest trials confirming the safety of DermaCann® as a natural treatment for dermatitis and immune function in canines. Applying two different formulations of DermaCann® between 13 dogs, CannPal reported a substantial
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Flexigroup humm-ing along with 315% rise in BNPL transaction volumes
The pioneer of Australia’s buy-now-pay-later sector has reported a big uptake in adoption since Flexigroup (ASX: FXL) consolidated its BNPL businesses with retail-focused brand humm delivering a 315% rise in transaction volumes through the June quarter. As the key differentiator against its competitors, humm allows customers to make interest-free purchases of up to $30,000. This
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Crowd Media achieves $2.7m turnaround, eyes billion-dollar tech breakthrough
Digital marketing and eCommerce company Crowd Media (ASX: CM8) has reported a significant financial turnaround with the company expected to report positive underlying EBITDA for FY20 which represented a $2.7m turnaround for the microcap. The turnaround from a $2.6m loss in underlying EBITDA in FY19 comes in line with the appointment of industry leader Steven
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NTD becomes largest tyre wholesaler in Aus & NZ with T4U acquisition
Tough trading conditions brought upon by drought, bushfires and a pandemic has prompted a major industry merger with Tyres 4U (T4U) and National Tyre & Wheel (ASX: NTD) set to become the largest independent multi branded tyre wholesaler across the Tasman. The merger will see NTD acquire all business assets of T4U in Australia and
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Bod commences cannabis trial with 500 Australians targeting anxiety and insomnia
In a key advancement within Australia’s emerging medicinal cannabis market, Bod Australia (ASX: BDA) has commenced a national study which will be conducted over 12 months to trial the effectiveness of MediCabilis™ as a treatment for anxiety, insomnia and Post Traumatic Stress Disorder (PTSD). The study will be conducted Australia-wide with Bod having partnered with
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Harris Technology sales rising, receives top seller ranking on Amazon Australia
Tech retailer Harris Technology (ASX: HT8) has continued a strong financial turnaround which has been driven by its online sales and led the retailer to reach number one in the Amazon Australia seller rankings according to research firm Marketplace Pulse. The ranking is based on customer feedback following purchases on the Amazon Australia platform where
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SRG Global wins $25m design contract for new Victorian Heart Hospital
Engineering and construction specialists SRG Global (ASX: SRG) will have a major role in the appearance of the new Victorian Heart Hospital having secured a $25 million contract to design and build the curtain wall facade. The new Government-backed hospital is a $564 million development which will be Australia’s first dedicated cardiac facility, aiming to
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PayGroup to expand HR tech through Asia with TalentOz acquisition
Human resources tech company PayGroup (ASX: PYG) is set to significantly expand its human capital management (HCM) software suite following the acquisition of TalentOz and their complementary talent management software. Already with a powerful offering of 16 HCM modules which are used by more than 875 PayGroup clients, the addition of TalentOz will bring 11
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PPK Group to Launch 3D Printed Dental Products Venture
As the dental implants and prosthetics market continues to grow with advancements in dental technology, industrials company PPK Group (ASX: PPK) is taking their expertise in boron nitride nanotubes (BNNT) and applying it to the lucrative dental products market. The new venture will be 3D Dental Technology Limited with the company ownership comprising of PPK
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Beam receives orders for 5,000 more satellite messaging devices
Since the commercial launch of their satellite messaging device ZOLEO, sales in North America have been strong for Beam Communications (ASX: BCC) where they have received an order for 5,000 more devices. The order comes from joint-venture partner Roadpost Inc which is responsible for marketing and distribution of ZOLEO in North America via their network
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OpenLearning to launch online short-course platform in collaboration with Open Universities
Education tech company OpenLearning (ASX: OLL) is set to shake up the Australian education sector through the creation of OpenCreds, an online platform where Australians can complete registered shortcourses for formal qualifications. OpenCreds, in reference to the courses offered being micro-credentials, will offer courses ranging from 2.5 hours to 150 hours which will be stackable
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FBR bricklaying robot builds house walls in just four days
Robotics and automation tech company FBR (ASX: FBR) has successfully had its Hadrian X bricklaying robot build the structural walls for a new house in just four days. The house, a display home in Dayton, Western Australia, will now have the remainder of its construction completed with traditional labour, but to have completed the structural
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Repeat business for Creso Pharma with further $930k cannabis order
Medicinal cannabis company Creso Pharma (ASX: CPH) is continuing to see strong international interest in their premium cannabis flowers with an order worth $930k placed from repeat Israeli client Univo Pharmaceuticals Ltd (TLV: UNVO). The larger order for premium, cured and hand-trimmed dried medicinal cannabis flower follows on from an order for $820k of the
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XTEK extends Defence Force relationship with another $2.8m in dronetech orders
Security tech company XTEK (ASX: XTE) has continued its strong association with the Australian Defence Force with the ADF placing an order for additional unmanned aerial systems worth approximately $2.8 million. The order will increase the ADF’s existing fleet of AeroVironment WASP AE Small Unmanned Aerial Systems (SUAS) with XTEK having already delivered 50 to
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SECOS selected by Woolworths as compostable bag supplier
Households outside of specific eco-friendly councils will soon be able to purchase certified compostable bin liners from Woolworths which has selected SECOS Group (ASX: SES) as their compostable bin liner supplier. The supply agreement will significantly expand SECOS’s distribution capabilities where they will supply the national supermarket chain with 8L and 36L bin liners. Beyond
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K2fly to expand resources reporting tech with new tailings management tools
Advancing the environmental and social governance capabilities of their resources reporting software, K2fly (ASX: K2F) has partnered with Decipher to develop new management systems for storage of tailings – the mining waste leftover once mineral concentrates have been extracted from ore. Identified by KPMG as one of the top 10 risks in 2020 to the
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IMDEX rapidly accelerates mineralogy processing with AI acquisition
Mining tech company IMDEX (ASX: IMD) is set to turn a decision making process that would normally take weeks, into one that can be done in just hours via acquisition of AusSpec and their AI technology developed for spectral mineralogy in the mining and resources sector. The core functionality around AusSpec’s unique aiSIRIS platform is
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SportsHero launches Olahbola app to capitalise on Indonesia’s football fandom
With the resumption of major sporting codes finally being restarted following COVID-19 shutdowns, sports tech and media company SportsHero (ASX: SHO) is set to launch their fully localised international football app in Indonesia. The launch of their Olahbola app will provide the world’s 4th most populous nation to video content from top football leagues, English
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Mayne Pharma strengthens oral contraceptives portfolio in lucrative U.S market
With the increasing competition amongst pharmaceutical companies being driven by a proliferation of generic brands, Mayne Pharma Group (ASX: MYX) has secured its position in the U.S as a leading oral contraceptives supplier by partnering with Novast Laboratories for 13 generic products. Of the 13 products, four have been approved by the U.S Food and
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Lack of air traffic no concern for simulation developer Adacel, upgrades profit
Air traffic may be significantly reduced at the moment due to COVID-19 travel restrictions but Adacel Technologies (ASX: ADA) has used the opportunity to upgrade its air traffic simulators and increase training capabilities to be a rare flight-related company that has provided an increase in profit guidance. Through a combination of critical infrastructure installations, updates
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thedocyard expands document encryption service via LockBox acquisition
Since listing on the ASX in February 2020, tech company thedocyard (ASX: TDY) is set to expand its cloud-based transaction management platform with the acquisition of Lockbox Technologies and its cybersecurity solutions. The key Lockbox products which will transition into thedocyard comprise of LockBox Storage – a a B2B secured document and storage platform, and
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Civmec strengthens Fortescue relationship with new Iron Bridge contract
Engineering and construction company Civmec (ASX: CVL) has been awarded a key contract at the Iron Bridge Project, Australia’s largest magnetite resource, owned by joint venture partners Fortescue Metals (ASX: FMG) and Formosa Steel. The contract will see Civmec’s Metals & Minerals division construct structural concrete components for the Project’s dry plant which will include
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Research Note: Speculative Buy on Crowd Media (ASX: CM8)
The Advisors at Emerald Financial recently released a Speculative Buy report on Crowd Media (ASX: CM8). The Company has benefited from the growth in online-specific retail, something that has thrived through the COVID-19 pandemic due to isolation restrictions. Just look at a few of the more well-known ASX-listed retail companies that sell solely online have
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Kathmandu online sales up 78% as Aussies flock to get their puffer jackets
We might not be allowed out due to COVID-19 restrictions but that won’t stop Australians from getting their beloved puffer jackets for Winter with Kathmandu Holdings (ASX: KMD) reporting online sales to be up 78% over the past six weeks. The business update comes as Katmandhu continues its gradual store re-openings where the global retailer
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Home-delivered VR Gaming Proves a Hit Through Pandemic for ISA Group
Although COVID-19 led to shutdown of their leisure venues, ISA Group (ASX: IDZ) has capitalised on new interest in home entertainment options where their home delivered virtual reality (VR) games were so popular that they will extend the business beyond the pandemic. Whilst their VR business Freak Entertainment was forced to shut its Penrith, NSW
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Alterity confirms FDA development pathway for Multiple System Atrophy treatment
After meeting with the FDA, biopharmaceuticals company Alterity Therapeutics (ASX: ATH) has confirmed Phase II clinical trial plans for their ATH434 compound in the treatment of Multiple System Atrophy (MSA), an incurable Parkinsonian disorder with no regulatory precedent. Due to the unique scenario where there are no accepted efficacy endpoints, guidance has been provided by
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Gage Roads Brewing secures distribution deal with San Miguel
Revellers looking for a buzz will soon have additional access to super high strength beer in Australia with Gage Roads Brewing (ASX: GRB) having secured an exclusive distribution deal with San Miguel to import Red Horse beer (8%) and other brands. San Miguel is one of the world’s largest and oldest beer companies with distribution
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ResApp’s sleep apnoea app now available on Apple App Store
Australians that are struggling to get a good night sleep can now screen their likelihood of suffering from sleep apnoea with medtech company ResApp Health (ASX: RAP) having launched their clinically tested SleepCheck app on the iPhone App Store. By downloading the smartphone app, SleepCheck can record and analyse breaking and snorting sounds during sleep
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Fund managers back Novatti with $10.2m to grow thriving digital payments business
Digital payments and fintech company Novatti Group (ASX: NOV) is poised to make splashes globally having secured $10.2 million from institutional investors to accelerate their growth strategy as the world shifts towards a cashless economy, expedited by COVID-19. The funds come after a very strong few months of corporate activity at Novatti which include integrating
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Founders First secures national distribution for craft beer portfolio
As one of the unluckier IPO’s to have listed on the ASX right before the coronavirus pandemic hit, craft beer company Founders First (ASX: FFL) is set for a much more active FY21 having secured 2000 new distribution points for their beer portfolio. From August 2020, packaged craft beers within the Founders First portfolio will
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Galaxy Racers engaged to expand Megastar platform into eSports
With COVID-19 resulting in a notable rise in eSports gaming around the world as populations find ways to entertain themselves in isolation, entertainment company MSM Corporation (ASX: MSM) has secured the Galaxy Racer Esports team to manage content for MSM’s Megastar talent competition platform. Launched in 2017, Megastar is an online competition platform which was
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Novatti selected by global payments giant as partner for Australian launch
Amid the rapid shift towards a cashless economy, fintech company Novatti Group (ASX: NOV) has been selected by global payments company Marqeta to be their domestic partner for the launch of a new prepaid cards business in Australia. The deal partners Novatti to Marqeta’s growing list of consumer brands including Square, Uber, Affirm, Instacart, DoorDash,
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Althea’s cannabis clinics join national referrals network, telehealth booming
Global pharmaceutics and cannabis healthcare company Althea Group (ASX: AGH) has harnessed the power of telehealth through COVID-19, almost doubling web-based enquiries for their MyAccess Clinics in the UK where patients can seek medicinal cannabis treatment pathways. With the England being one of the harder nations hit by COVID-19, Althea accelerated telehealth offerings for its
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Emerge Gaming to launch mobile gaming competition platform in Africa
eSports and gaming tech company Emerge Gaming (ASX: EM1) has secured a Tier 1 ally by partnering with top African telecommunications company Mobile Telephone Networks (JSE: MTN) for the launch of a mobile gaming competition platform in South Africa. The platform, to be branded MTN Arena, brings together MTN’s 29 million mobile subscribers in South
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Oversubscribed, Crowd Media raises $1.5m to accelerate growth
One of the turnaround small caps of 2020 is set to grow further with millennial marketing company Crowd Media (ASX: CM8) raising $1.5m to accelerate business growth in Europe via an oversubscribed Placement. Originally seeking to raise just $1.2m as per their Term Sheet, the Company elected to accept the additional subscriptions with funds raised
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Vortiv shares up 30% after curious update on Indian ATM ownership
Following last week’s cybersecurity attack on major Australian institutions, investors have been bullish on cybersecurity leading to a 30% rise on the share price of Vortiv (ASX: VOR) on Monday but it was a quirky business update that may have investors a bit more curious about the company’s investment in Indian ATMs. In their update
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Mobilicom wins Space Florida tender for drone adoption research
As it has become inevitable that drone technology will play a key role in our everyday lives, research is catching up to regulatory roadblocks with communications tech company Mobilicom (ASX: MOB) the latest to secure a drone research contract from Space Florida. The project will see Mobilcom partner with U.S-based drone company Censys to develop
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Avocado farmer completes optimisation studies for 300 hectare orchard
Avocado lovers looking to hedge their high breakfast expenses could soon have a unique opportunity via agriculture company Alterra (ASX: 1AG) which has completed cost optimisation studies for its 300-hectare avocado orchard in Pemberton, Western Australia. Within the studies for their Carpenters Project, optimisation of water usage will be a key element within Carpenters’ efficiency
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KFC to install Smart Parking technology in UK and Ireland
Europeans unable to buy fried chicken due to a lack of parking will soon have better access to their battered delights after KFC sought a solution to inconsiderate drivers by partnering with Smart Parking (ASX: SPZ) for automated number plate scanning. The parking management contract will see Smart Parking’s Automatic Number Plate Recognition (ANPR) system
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Splitit shares surge on BNPL collaboration with Mastercard
Payments company Splitit (ASX: SPT) is set to expedite its global growth strategy having partnered with Mastercard Inc (NYSE: MA) to develop Buy-Now-Pay-Later (BNPL) options into Mastercard’s technology suite. Through the partnership, Splitit aims to capitalise on the global BNPL phenomenon while offering payment choices, control and simplicity to consumers and businesses. “We are very
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archTIS enters Defence sector with new client for cybersecurity platform
Cybersecurity company archTIS (ASX: AR9) has confirmed its first entry into the lucrative Defence industry with the securing of Northrop Gruman as a major customer of their platform designed for the secure sharing of classified information. The commercial contract will see Northrop Gruman purchase 50 licenses for archTis’ Kojensi platform which will be used to
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Spain set to defeat Philippines in bidding war for Infigen Energy
After recommending shareholders take no action to the $1.2 billion takeover bid from UAC Energy at 80c per share, Infigen Energy (ASX: IFN) has today recommended shareholders instead accept an offer of 86c per share from Spanish energy giant Iberdrola. The new takeover offer comes two weeks after the UAC Energy offer was made, with
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Wisr’s rapid loan book growth returns to pre-COVID levels
Australian credit consumers appear to be returning to financial normality based on fintech company Wisr (ASX: WZR) confirming their loan and repayment figures have returned to pre-coronavirus levels, and are rising rapidly. The Company has reported 48% growth in their loan originations for the month of May, as Australians seek more competitive interest rates and
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Crowd Media secures VITAL partner for health and hygiene products across EU
Digital marketing company Crowd Media (ASX: CM8) has strengthened its online sales pipeline, partnering with VITAL Innovations for the exclusive marketing of their award-winning consumer products. This comes at a time when online business is thriving through COVID-19. The marketing services agreement will see Crowd Media roll out safety and hygiene products from VITAL’s SuperSafe
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Lithium Australia’s battery storage systems approved, national rollout to come
The shift towards sustainable energy solutions continues to gain momentum following regulatory approval from the Clean Energy Council for domestic power bank systems produced by Soluna, a joint venture between Lithium Australia (ASX: LIT) and DLG Energy (Shanghai) Co, to be sold in Australia. In order to gain approval from the Clean Energy Council (CEC),
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Top cannabis grower enters production deal with THC Global
In preparation for legislative changes which may soon see cannabis products purchasable over the counter without a prescription, leading medicinal cannabis product manufacturer THC Global (ASX: THC) has partnered with Cannatrek to produce white-labeled CBD products at their high-volume Southport facility in Queensland. As a sizable grower of medicinal cannabis with a diverse range of
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MyFiziq to partner with NuraLogix on smartphone app to screen COVID-19 symptoms
Health tech company MyFiziq (ASX: MYQ) has partnered with Canadian firm NuraLogix which will leverage the two company’s patented imaging technology. Using a smartphone camera, transdermal imaging and artificial intelligence (AI), the newly combined tech aims to determine a user’s probability of having COVID-19, as well as their risk of developing diseases that result in
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Online purchases thriving through COVID-19 as Zip revenues up 78%
Despite COVID-19 having challenged the retail industry, consumers have substituted trips to the mall with online purchases in droves as evidenced by Zip Co’s (ASX: Z1P) results though May with the BNPL provider reporting a 78% increase in YoY monthly revenues to $15.6m. Beyond the significant increase in their online payment volumes, transaction volumes were
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Record milk powder orders for Keytone Dairy with new NZ facility
After expanding their New Zealand manufacturing facility in March, Keytone Dairy (ASX: KTD) has reported record orders for their milk powder products from major Chinese client Nouriz. The orders for $1.39 million is the single largest order placed by Nouriz with Keytone Dairy where Chinese consumers are still strongly demand for New Zealand dairy products
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AdAlta approved to commence clinical trials with sniper protein
Innovative biotech company AdAlta (ASX: 1AD) has been approved to commence human clinical trials for its next generation of protein therapeutics aimed at solving drug targeting problems commonly encountered in the sector. Approval has been granted by the Human Research Ethics Committee which enables AdAlta to commence recruiting healthy participants for trials of AD-214, their
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Novatti integrates ChinaPayments into Alipay app, strengthens partnership
Australian fintech and digital payments company Novatti Group (ASX: NOV) has further strengthened their payments business by expanding their partnership with the world’s leading lifestyle platform, Alipay, to integrate ChinaPayments.com into the Alipay app. Launched in 2018 by Novatti, ChinaPayments was a first-to-market platform for Chinese residents to pay their Australian bills via BPAY, but
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Ambitious Nanoveu preparing to sell $50m of phone accessories
Phone accessories company Nanoveu (ASX: NVU) is seeking to ride the wave of public interest in hygiene products, appointing U.S-based sales and marketing firm D360 to sell its antiviral smartphone screen and case protection products through North America. Whilst such an appointment would normally be standard practice for FMCG manufacturers, Nanoveu’s appointment centres around performance
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Vection secures first client for live events via virtual reality
Augmented and virtual reality company Vection Technologies (ASX: VR1) has successfully launched their VR Events software module with the securing of NSA Group as their first partner client who will use the tech to broadcast live events via VR. FrameS Events is an extension of Vection’s current FrameS VR platform and enables partner clients to
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Soccer is back! Largest Italian subscription broadcaster to trial Linius TV
A door into soccer-loving Italian homes has been opened for Linius Technologies (ASX: LNU) with the tech company confirming they have secured a purchase order from Sky Italia for a trial of its personalised TV platform. The agreement will see Linius develop a Proof-of-Concept to integrate their world-first Video Virtualisation Engine (VVE) into Sky Italia’s
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MOTIO hits ground running, secures nation-wide Caltex stores for media sales
Just one month since launching their specialist media business MOTIO, microcap advertising firm XTD (ASX: XTD) has secured a national advertising platform by securing the exclusive rights to Caltex’s in-store screens. With the Caltex network of petrol station convenience stores comprising more than 500 locations across Australia, the 5-year-deal with Engagis, operator of the screens,
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Eco-toxicity findings confirm Bio-Gene pesticide safe for aquatic life
Following preliminary eco-toxicity studies on limited aquatic species, agtech developer Bio-Gene Technology (ASX: BGT) has reported favourable results for its flagship next-gen insecticide, Flavocide. The studies were completed on guppy fish, water fleas and freshwater algae which represented key species of marine life most likely to be impacted by the introduction of pesticide. Following application
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Research Note – Rise of the Cashless Economy
Are we already becoming a cashless economy? This is just one of the key questions arising amidst the challenges of the coronavirus pandemic. Things have been forced to change, with Finance and Technology (Fintech) being the key driver. New sectors such as digital payments, neobanks, and cash alternatives have not only thrived during the fallout,
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Philippine takeover bid for Infigen Energy sends share price rocketing 34%
Australian clean energy company Infigen Energy (ASX: IFN) shares have soared this morning on news of a takeover bid by investment firm UAC Energy, a subsidiary of AC Energy which is wholly owned by Philippines energy conglomerate Ayala Corporation. The intended takeover bid sees UAC seek to acquire all outstanding shares in Infigen for $0.80
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Emersion exceeds expectations, signs six new clients through COVID-19
Since being purchased by and integrated into Novatti Group (ASX: NOV) in April, Emersion Software Systems has thrived in the digital payments market through COVID-19 with uptake of their cloud hosted billing and payments platform exceeding expectations. The smooth transition into Novatti Group has been aided by Novatti’s decision to continue operating Emersion as an
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Indiana Resources secures $4.65m pro-bono funding to sue Tanzania Government
A website editing mishap has led to a landmark lawsuit with nickel and gold explorer Indiana Resources (ASX: IDA) having now secured USD $4.65m litigation funding to advance its claims against the Tanzania Government for international law and obligation breaches. Upon news of Indiana’s intention to file a suit, various legal financiers expressed interest in
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Centrepoint acquires leading Xplan customisation business
As part of their corporate refresh strategy, financial services support company Centrepoint Alliance (ASX: CAF) has significantly increased its service offering to clients via the acquisition of Enzumo, its clients and recurring revenue. The acquisition of Enzumo for $1.5m from Chant West Holdings (ASX: CWL) will accelerate Centrepoint’s new financial model whilst enhancing their technology
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High Australian debt sees Credit Intelligence expand with strategic acquisition
With financial hardships brought upon as a result of COVID-19, debt management company Credit Intelligence (ASX: CI1) is set to expand their exposure to Australia’s high levels of personal debt via the 60% acquisition of debt negotiation business Chapter Two Holdings (CTH). Listing on the ASX in 2018 but primarily operating in Hong Kong’s credit
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Acrux shares surge 37% on appointment of U.S pharmaceuticals distributor
Pharmaceuticals developer Acrux (ASX: ACR) is set to expedite commercialisation of its generic topical products in the United States via the appointment of TruPharma as their exclusive sales, marketing and distribution partner in America. The agreement will see TruPharma take over responsibility for getting Acrux products approved by the U.S Food and Drug Administration (FDA)
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Veris continues winning streak, lands blue chip and defence contracts
Surveying and communications company Veris (ASX: VRS) continues to defy its small market capitalisation by adding to its recent slew of contract wins, today announcing extensions awarded from BHP Billiton (ASX: BHP) and OZ Minerals (ASX: OZL) as well as a new defence company – Cubic Defence. The total value of the contracts is $4.3
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Jaxsta accelerating growth, sacrifices revenue for mass user acquisition
Since making their music networking and data platform free in response to the music industry’s challenges brought upon by COVID-19, Jaxsta (ASX: JXT) has had more than 10,000 users sign up for Jaxsta Pro in the past month. As an initiative supported by leading industry labels, Jaxsta has been able to significantly increase its reach
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Testing confirms infection resistance, First Graphene signs face mask supply deal
As world populations seek increased protection from airborne infections, advanced materials company First Graphene (ASX: FGR) has completed initial testing of their graphene as coating into protective equipment with excellent results. The testing was done in collaboration with planarTECH and their personal protective equipment (PPE) which confirmed anti-static and bacteria-resistant properties. With these results, planarTECH
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City of Melville awards SECOS with $600k supply contract for compost bags
Envirotech developer and retailer SECOS Group (ASX: SES) continues to see support from City Councils for their compostable bags designed to divert organic waste from landfills with the City of Melville the latest to engage SECOS products. The contract valued at more than $600,000 annually, and with options to renew over the next 3 years,
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Raiz launches Bitcoin portfolio for loose change to be invested
Fintech micro-investment firm Raiz Invest (ASX: RZI) is set to launch a new investment portfolio for customers and users of the Raiz app to invest loose change in Bitcoin, offering investors with exposure to cryptocurrency. The new portfolio, to be named Sapphire, has been specifically developed to meet demand from clientele who have continually expressed
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Majority of Target stores to be converted to Kmart or closed
Wesfarmers (ASX: WES) has completed the first phase review of its iconic Target brand, confirming that its financial viability is not sustainable and that the majority of stores will be transformed into Kmart stores which better reflects the retail needs of Australian customers. The decision comes as Target has continued to see declining sales with
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European Union Police select DroneShield as preferred security solution
In a proactive move to up their defence in the fight against neo-terrorism and disruption, the European Union Police underwent a tender process for drone defence solutions with DroneShield (ASX: DRO) coming out on top to supply EU police forces with their DroneGun Tactical™ solution. The framework agreement will see DroneShield supply DroneGun Tactical™ to
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Imagion and Siemens Healthineers to collaborate on cancer detection agent
Biotech company Imagion Biosystems (ASX: IBX) has secured a major boost in resources having secured Siemens Healthineers (FWB: SHL) as a collaboration partner for their proprietary cancer detecting agent. The collaboration will centre around Imagion’s MagSense™ nanoparticles which are designed to be visible on a MRI scan once they attach to cancer cells. MagSense™ has
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NRL star to advise Impression Healthcare on cannabis for concussion
As part of their plans to collaborate with the NRL on concussion solutions, Impression Healthcare (ASX: IHL) has appointed NRL star James Graham to its advisory board to assist with the development of their medicinal cannabis products. In particular, Graham will offer advice on ‘real world’ aspects of the clinical program for IHL-216A, a cannabinoid
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BGH Capital back with another takeover bid for Village Roadshow
Four months ago, a takeover bid on Village Roadshow (ASX: VRL) was offered with VRL shares valued at $4.00 each. Then COVID-19 happened. Now, the same suitors are back with an offer at $2.20 per share. With Village Roadshow’s business significantly damaged by COVID-19, which has led to the shutdown of their theme parks and
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Michael Hill to re-open stores, but also permanently close others
Diamonds may be a girl’s best friend, but possibly not for the small number of Michael Hill International (ASX, NZX: MHJ) employees told that their workplaces will remain permanently closed, even after COVID-19 subsides. It signals a likely trend in the global retail market where retailers will be undergoing gradual re-opening of stores but will
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Mach7 extends major Hong Kong contract, FY20 revenue to be up 90%
Australian medtech company Mach7 Technologies (ASX: M7T) has continued to strengthen its position in the Hong Kong market, securing new licencing orders of $4.8m, adding to their existing 5-year contract to supply medical imaging solutions to the entire territory of Hong Kong. The new AUD $4.8m is expected to be logged as cash collected within
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Financial reprieve for Seven West Media upon sale of HQ for $75 million
The well-publicised financial troubles of Seven West Media (ASX: SWM) are set for a reprieve with the company today confirming the sale of their West Australian headquarters for $75 million to a trust managed by Primewest Group (ASX: PWG). Under the terms, Seven will lease back the property at $4.3 million per annum with 3%
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Harris Tech report $1m revenue from opportunistic sanitary sales
When Harris Technology (ASX: HT8) started selling sanitary products amidst the global demand surge brought upon by the coronavirus pandemic, they estimated Q4 sales of around $400,000. Today they reported they have sold more than $1 million worth of their Pro-Hygiene products in April alone. Whilst IT and electronics are Harris Technology’s flagship products, they
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Testing confirms EcoGraf can purify low value graphite for li-ion battery use
The world may not have enough spherical graphite to meet demand for the growing lithium-ion battery market, but we may not need it with testing confirming that EcoGraf (ASX: EGR) can produce high purity graphite from low value by-products. The EcoGraf(™) Process has been undergoing rigorous testing in Europe over the past 18 months with
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Top podiatry operator Healthia, makes big push in Victoria with 12 clinic acquisition
Allied health services group Healthia (ASX: HLA) has continued its expansion as Australia’s largest operator podiatry clinics, today announcing the acquisition of 12 clinics in Victoria to significantly expand its healthcare offerings in the State. Secured for a total consideration of $5 million, the 12 new clinics are forecast to deliver Healthia with $4.4m revenue
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Foxtel value plummets as News Corp and Telstra log 40% asset write-offs
As a flagship business within what has become one of the 21st century’s most competitive markets, Foxtel’s fight for survival may be nearing the end after owners News Corp (ASX: NWS) and Telstra (ASX:TLS) announced 40% write-offs in the value of the video subscription business. 65% owned by News Corp and 35% by Telstra, Foxtel
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Online sales up 80% through COVID-19 as Mosaic to re-open retail stores
Popular fashion labels Noni B, Katies, Rockmans and Rivers will soon be re-opening their retail stores with parent company Mosaic Brands (ASX: MOZ) confirming they will undergo a progressive restart after closing their 1,400 stores in March due to coronavirus biosecurity. Despite its store network’s closure over the past six weeks, Mosaic’s focus towards online
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Houston we Have secures first cross-sell AI contracts since strategic acquisition
Microcap AI and prescriptive analytics company Houston we Have (ASX: HWH) has hit the ground running since rebranding and expediting an entry into the healthcare AI sector. Although the contracts are collectively only expected to add $130k of revenue to Houston, it opens up significant market opportunities which have been brought upon by their acquisition
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CardieX to integrate cardiovascular sensor into popular wearables
Having obtained milestone results from their wearables technology, CardieX (ASX: CDX) will advance their unique blood pressure sensor development kit which will allow device makers such as Garmin, Apple and Fitbit to accurately monitor a user’s cardiovascular health. The technology is a combination of CardieX’s proprietary algorithm and a photoplethysmogram (PPG) sensor which can detect
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Archer partners with IBM to advance quantum computing, shares surge 105%
Australian tech company Archer Materials (ASX: AXE) has secured one of the most high-profile of partners in IBM (NYSE: IBM) to advance the development of its world-first quantum computing processor chip that can operate at room temperature. The partnership is a game changer for Archer, which will see its Sydney-based team collaborate with the IBM
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Bod receives first medicinal cannabis prescriptions in the UK
Cannabis healthcare company Bod Australia (ASX: BDA) has commenced its penetration of the lucrative UK medicinal cannabis market having received its first international prescriptions for their MediCabilis™ product. With more than 7.3 million consumers of cannabis products in the UK annually, it represents a major addressable market for Bod which estimates its value to be
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HR tech booming as Xref automated reference tech sales surge
Gone may be the days of awkward reference checking over the phone if the record sales by HR tech company Xref (ASX: XF1) are a sign of future recruiting practices, especially once hiring resumes after coronavirus protocols are lifted. Despite the global economic downturn brought upon by the coronavirus pandemic which has led to unemployment
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Crowd Media secures continental marketing contract for eco-friendly cleaning products
Digital marketing firm Crowd Media (ASX: CM8) has secured a prized contract to market and distribute London-based KINN Living’s eco-friendly home cleaning, sanitiser and laundry productions across Europe. The 3-year exclusive agreement will provide KINN with access to Crowd Media’s significant social media, digital influences and conversational commerce network to drive internet sales of KINN’s
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Medibio advances to FDA application for mental health screening software
Mental health medtech company Medibio (ASX: MEB) has continued its accelerated plans towards FDA approvals under new management with the company having lodged an FDA application overnight for their mental health screening software – MEBsleep. Having collected the required clinical data MEBsleep (previously named STAGER) tested more than 1,000 individuals using Medibio’s sleep staging algorithm
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KNeoMedia secures Indian distributor for EduTech platform targeting 100m student
Education tech company KNeoMedia (ASX: KNM) is set to increase its global reach to the 1.5 million schools in India via an exclusive licensing agreement with Indian-based firm Augustya. The agreement will give Augustya exclusive rights to market and sell KneoWorld technology in India with KNeoMedia to receive approximately $40 for each seat licence sold.
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LiveHire shares surge 59% after winning major $1.2m North America HR contract
Employment tech company LiveHire (ASX: LVH) has made a significant foray into the North American market having won the prized contract from Ian Martin Group which will implement the LiveHire human resources platform in the United States and Canada. The Direct Sourcing contract is expected to deliver LiveHire $1.2 million over 3 years with an
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Novatti payment processing revenue up 67% as COVID-19 sends world cashless
Australian fintech company Novatti Group (ASX: NOV) has reported a 67% rise in revenues from their payments processing business, a record for the company which has seen heightened activity amidst coronavirus lockdowns as businesses turn to digital payment solutions. For the quarter ending 31 March 2020, Novatti’s $1.72 million (unaudited) in payment processing revenue represented
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Botanix up 91% after FDA grants QIPD status to advance antimicrobial products
Cannabinoid company Botanix Pharmaceuticals (ASX: BOT) has found its way into the fast lane towards FDA approval for their antimicrobial product BTX 1801, developed to prevent post-surgical infections, having secured Qualified Infectious Disease Product (QIPD) designation which will expedite their FDA review process. The designation of QIPD status for BTC 1801 is the first for
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ClearVue to commence solar product trials in lucrative China market
Environmental tech company ClearVue Technologies (ASX: CPV) is poised for a launch into the lucrative Mainland China market having entered an agreement with China Jinmao to trial ClearVue’s solar technology with a view towards exclusive distribution. The trial project will be undertaken by China Jinmao’s wholly owned subsidiary Jinmao Green Building which will apply ClearVue’sRead MorePublic
With 400 million glove backlog, VIP Gloves sold out till December 2020
Shares in the lightly traded gloves manufacturer VIP Gloves (ASX: VIP) have skyrocketed this morning on news that the Company has such a large backlog of orders that their 24/7 production capacity is fully committed until December 2020. With their production facilities based in Malaysia and not impacted by the Malaysian Government’s COVID-19 biosecurity measures,
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RooLife shares surge 300% on appointment as marketing partner for Alipay
With more than 1.2 million users, Chinese online payment platform Alipay has appointed Australian eCommerce firm RooLife Group (ASX: RLG) as an Alipay Marketing Partner, sending the small cap company’s stock up 300% in morning trade. The Marketing Cooperation Agreement will see Roolife provide business services that enable them to list, promote and sell products
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Microcap miner to sue Ghana Government for $430 million
In what looms as a sub saharan David v. Goliath battle, microcap gold explorer Cassius Mining (ASX: CMD) has served notice to the Government of the Republic of Ghana for breaches of their licencing agreement, with claims amounting to AUD $430 million. Whilst the explorer boasts a market cap of just $1.7m at its current
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Novatti and Decta partner for new APAC Visa issuing business
Two of the world’s leading payment processing companies have joined forces to launch a new Visa issuing business in the Asia-Pacific region with Australian fintech company Novatti Group (ASX: NOV) partnering with Decta, a leading payments processor in Europe. The partnership leverages two of the company’s core strengths with Novatti holding a Visa Principal Issuer
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Maiden U.S contract secured, SenSen to assist Las Vegas transformation to smart city
Artificial intelligence company SenSen Networks (ASX: SNS) is poised to play a key role in the City of Las Vegas’ plans to become a smart city by 2025 having won a $2.5 million contract to provide the city with AI smart city software, SenSen’s first in the United States. The contract will see SenSen rollout
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1st Group launches telehealth portal, telehealthclinics.com.au
Already facilitating 2 million medical appointments between medical professionals and patients, health tech company 1st Group (ASX: 1ST) is set to significantly grow its network with the launch of telehealthclinics.com.au – a dedicated site for booking medical appointments to be conducted via teleconference. Whilst COVID-19 has significantly heightened public interest in telehealth, 1st Group has
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Respiri to enter asthma telehealth, wheezo commercialisation looms
Under new management, medtech company Respiri (ASX: RSH) is poised to enter the lucrative SaaS revenue market by leveraging their asthma screening device to partner with Phenix Healthcare, whose patients will be able to monitor their condition using Respiri’s wheezo device. The agreement will give Phenix Healthcare’s patients diagnosed with asthma an option to monitor
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TGA approves coronavirus testing kit, Genetic Signatures to flatten curve
Biotech company Genetic Signatures (ASX: GSS) is poised to play a major role in flattening the curve of coronavirus cases in Australia after the Therapeutics Goods Association (TGA) approved their SARS-CoV-2 Detection Kit for sale in Australia. Regulatory approval in Australia follows authorisation which was granted in Europe 10 days ago with Genetic Signatures able
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FDA grants Prizma over-the-counter authorisation, G Medical shares surge 200%
As the world battles the coronavirus pandemic, G Medical (ASX: GMV) has secured authorisation from the Food and Drug Administration to sell their Prizma smartphone attachment direct to customers without the need for a prescription, rocketing the company’s share price. Prizma, a smartphone attachment which can monitor a user’s vital signs, can play a vital
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Coronavirus has the retail sector on life support, but death is inevitable
As an industry which had already been fighting for survival before the coronavirus pandemic, the stark reality is that the retail sector will never recover from the fallout of COVID-19. Walking through the corridors of Highpoint Shopping Centre during normal trading hours, more than 80% of retail stores had shut their doors, the only ones
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HeraMED to rollout telehealth maternity care in the lucrative U.S market
Prior to COVID-19 bringing attention to the value of telehealth, HeraMED (ASX: HMD) has been building digital infrastructure to revolutionise the maternal healthcare market with their screening and remote midwife platform which is preparing to now enter the lucrative U.S market. The expansion into the world’s most lucrative healthcare market, valued at USD $111 billion
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RhinoMed secures CVS national distribution of new sleep aid product in the U.S
Medtech company RhinoMed (ASX: RNO) will soon be significantly increasing its product shelf space in the United States having secured a distribution deal with CVS for its new over-the-counter (OTC) sleep aid product – Pronto Sleep. With the company forecasting the sleep aids market to reach $66.3 billion by 2021, RhinoMed’s interest focuses on OTC
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Why free childcare is a hotbed of COVID-19 transmission waiting to kill
In the same breath of air, Prime Minister Scott Morrison has stressed practices to prevent the community spread of COVID-19 whilst also encouraging parents to utilise a $1.3 billion stimulus package which will make childcare free. It’s clear that Mr Morrison has no idea how childcare centres function. At a time when Australia faces an
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Online transactions surge through COVID-19 lockdowns as Novatti acquires Emersion
As society is bunkered down in self-isolation to prevent the spread of COVID-19, fintech company Novatti (ASX: NOV) has acquired payments platform Emersion with both businesses seeing a rise in online payment processing revenue to accommodate the new contact-free world. The acquisition will see Emersion integrated into Novatti, bringing with it the $1.7m in revenue
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ResApp to launch wireless Sleep Apnoea diagnostics app
Australian medtech company ResApp (ASX: RAP) is set to make diagnosing sleep apnoea significantly easier for individuals with the launch of the SleepCheck smartphone app which has been clinically tested. Obstructive sleep apnoea (OSA) is one of the most common sleep breathing disorders which affects around 30%of men and 20%of women. However, studies show that
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Microcap solar farm builder MPower secures $4m contract to build another in S.A.
Despite trading on the ASX as a microcap, renewable energy company MPower (ASX: MPR) continues to execute a solid pipeline of construction contracts, today announcing the $4 million contract with Astronergy to build a 5MW solar farm in South Australia. The contract will see MPower execute the engineering, procurement and construction of the solar farm
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Testing confirms Archer’s high-value graphite for Li-ion batteries
Despite graphite being listed as a ‘critical mineral’ by global leaders, it is not currently produced in Australia. However, that could soon change with Archer Materials (ASX: AXE) confirming testing from its Campoona Prospect to be of the high quality required to produce coated spherical graphite for use in lithium-ion batteries. The testing was conducted
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Cyclopharm submits FDA application, expects 50% market share within 3 years
Australian medtech company Cyclopharm (ASX: CYC) is set to add the United States to the list of 59 countries which have approved Technegas®, its nuclear functional ventilation imaging agent, having lodged its New Drug Application (NDA) with the Food and Drug Administration (FDA). As the world’s largest nuclear medicine market in the world, the opportunity
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PM encourages allied healthcare providers to stay open – Here’s three on the ASX
Amidst the national lockdown to prevent the spread of COVID-19, the government has encouraged allied healthcare providers to remain open with many of these being essential community services capable of alleviating pressure from the public health system. In his national address on Tuesday night, it was emphasised by Prime Minister Scott Morrison that “health-related services
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The post-coronavirus world – Could working from home become a norm?
With containment of COVID-19 being our global priority for 2020, one of the key themes to have emerged from the pandemic is the collective encouragement by governments for their citizens to work from home (WFH) wherever possible. This has been integral in stopping the spread of coronavirus which can survive on surfaces for up to
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Travel ban bites as Virgin grounds 90% of fleet, stand down 80% of workforce
Following last night’s national address by Prime Minister Scott Morrison, introducing an overseas travel ban, Virgin Australia (ASX: VAH) has made the difficult decision to ground 125 of its aircraft and stand down 80 per cent of its workforce. The move follows a similar one employed by Qantas (ASX: QAN) however, Virgin’s greater reliance on
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Retired NFL players endorse Zilosul, Paradigm’s osteoarthritis drug trials
Professional athletes may soon have a new treatment for knee osteoarthritis after Paradigm Biopharmaceuticals (ASX: PAR) received glowing endorsements from two former NFL players undergoing the current round of Zilosul® treatment trials. The trials of Zilosul® have been conducted on ten patients suffering from varying degrees of knee osteoarthritis under the Food and Drug Administration’s
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Ardent Leisure freefalls 86%, now shuts doors to all theme parks and venues
It will be school holidays like none before with the coronavirus national emergency prompting Ardent Leisure (ASX: ALG) to shut their theme parks which include Dreamworld and Whitewater World. The decision comes after Ardent had endured significantly difficult trading conditions prior to the global outbreak of COVID-19 following the death of four patrons in 2016
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After 3 years of development, Janison launches higher education assessment platform
University students in Singapore will soon be completing exam assessments online with Australian tech company Janison Education (ASX: JAN) having commissioned its online testing platform for the Institute of Technical Education (ITE). The project was initially conceived in August 2016 when Janison partnered with S&I Systems and were awarded the contract by the Singapore ITE
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Collateral damage of COVID-19, the deadliest 1% death rate disease
As a sombre storyline attached to the global outbreak of COVID-19, it has become inevitable that the services industry has been decimated, most evidenced by Qantas’ decision to stand down 20,000 of its workforce, and others will follow. The Qantas decision comes after yesterday’s national address from Prime Minister Scott Morrison who forewarned Australia that
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FDA grants Oncosil ‘Breakthrough Device’ status in fight against pancreatic cancer
Accelerating the fight against pancreatic cancer, the United States Food and Drug Administration (FDA) is set to expedite an FDA application from medtech company OncoSil Medical (ASX: OSL) for their pancreatic treatment device. The OncoSil(™) device has been granted Breakthrough Device Program (BDP) designation which is only granted to medical devices that may provide effective
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Tinybeans signs 10 partners in two weeks, including Amazon and Apple
Despite the significant overall market downturn over the past fortnight, parenting tech company Tinybeans Group (ASX: TNY) has secured a handsome bundle of brand partners keen to use Tinybeans’ platforms to penetrate the lucrative parent and children markets. The brand partners include Tier 1 partners Amazon, Apple, Kraft and National Geographic Kids as well as
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Murray River Organics Secures $15m Supermarket Supply Contract
As Australian supermarket shelves are stripped bare from the hysteria of coronavirus panic buying, agriculture company Murray River Organics (ASX: MRG) will do their bit to meet demand, having secured a new deal worth $15 million. The 2-year deal is a key milestone for Murray River Organics which has endured a torrid few years where
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Sezzle implements mandatory work-from-home policy, others to follow?
Buy-Now-Pay-Later provider Sezzle (ASX: SZL) has taken proactive measures to prevent the spread of coronavirus amongst its employees by implementing a mandatory work-from-home policy across its global offices. To be implemented immediately, the company has all the necessary technology in place to perform key work functions via cloud computing without any business interruptions to its
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Three Tech Stocks Under 10c Positioned to Capitalise on Global Coronavirus Shutdowns
As coronavirus fears continue to grip the global economy, send markets deep into the red and see a global shutdown of mass gatherings, technology will play a vital role in keeping the world interconnected, whilst in isolation. Panic buying has sent demand for healthcare products rocketing, leading to strong gains from medical product manufacturers but
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Family Zone poised with homeschooling tech if U.S sees mass schools shutdown
Education tech company Family Zone (ASX: FZO) is well prepared in the United States in the event there is a mass shutdown of schools to prevent the spread of coronavirus which has already seen cancellations of mass gathering across various States. Offering technology which supports and protects children through their digital journey, Family Zone’s software
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RooLife signed for AI marketing of skincare products to Chinese customers
Artificial intelligence and marketing company RooLife Group (ASX: RLG) has been selected as the eCommerce marketer for skincare brand Nuria Beauty with an explicit mandate to target customers in China’s $33 billion skincare market. The 2-year contract awarded by Small World Brands, the beauty and wellness company which produced the Nuria Beauty brand, is expected
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Dragontail extends AI-driven pizzas to Belgium via 100 Pizza Hut stores
Progressive tech company Dragontail Systems (ASX: DTS) has continued its penetration of the fast food industry with 100 Pizza Hut stores in Belgium to adopt their Algo Platform which has already been adopted by global chains around the world. The first-of-a-kind Algo Platform can be installed by fast food operators where a series of cameras,
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Another US State secured, Pointsbet approved for sportsbook launch in Indiana
Wagering company PointsBet Holdings (ASX: PBH) has continued its national penetration of the American sports betting market having today announced they have secured approval to launch operations in the State of Indiana. In the 17th largest State by population, regulatory approval from the Indiana Gaming Commission gives Pointsbet its third digital sportsbook operating in the
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Novatti formalises new fintech incubation project RentPay
Fintech company Novatti Group (ASX: NOV) has formalised an agreement to commence re-development of rental payments platform RentPay, in collaboration with Rent.com.au (ASX: RNT), Australia’s leading website dedicated to the rental property market. The partnership provides Rent.com.au with access to Novatti’s award-winning payment processing technology with Novatti gaining access to the rental payments market. “Novatti
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Aeris Active virus killer approved for sale in the UK
Environmental biotech company Aeris Environmental (ASX: AEI) has seen no shortage of demand for its Aeris Active disinfectant but is set to capitalise on global demand further with approval from the UK Poison Control Centre for sale in the UK. With independent labs already confirming that Aeris Active is more than 99.99% effective in deactivating
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Norwood and Spark NZ launch voicemail app, rockets to #6 on charts
Communications tech company Norwood Systems (ASX: NOR) has earmarked a substantial rise in future revenue following the successful launch of their voicemail app with partner Spark NZ (ASX: SPK), the largest telecommunications provider in New Zealand. The process of rolling out the Spark Voicemail app has been a prompt one, with Norwood and Spark having
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NZ Coastal Seafoods expands facility, production to double
Seafood company New Zealand Coastal Seafoods (ASX: NZS) is set to capitalise on global interest in Kiwi seafood products with the expansion of their Christchurch facility which will enable the company to double its dried seafood production. The facility is now five times larger than the existing one and located near Christchurch Airport which is
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Zoono successfully tests against coronavirus COVID-19, shares skyrocket
Biotech company Zoono Group (ASX: ZNO) has reported that its lab tests against COVID-19 have shown their hand sanitiser product to have more than 99.99% efficacy in deactivating the coronavirus pathogens. Conducted under strict European testing standards, the tests conducted identified Zoono’s Z-71 Microbe Shield hand sanitiser to be effective against a variety of pathogens
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With trade stalling in China, Eagle Health turns to Africa with new continental distributor
As fears over the coronavirus outbreak continue to spread, health and nutritional product manufacturer Eagle Health (ASX: EHH) is set to diversify their distribution channels by entering a collaborative agreement with Amka Products which has a continental footprint throughout Africa. The agreement will see AMKA, a market leader for manufacturing and distribution of health products
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MGM Wireless wins Government tender to eliminate truancy
Australian tech company MGM Wireless (ASX: MWR) has won a major contract from the Western Australia Department of Education to supply student absence notifications to all WA Government schools. The 2-year contract is valued at approximately $1.3 million with the WA Government having an option to extend a further 2 years. Under terms of the
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Healthia revenues surge 50% as Australians flock to allied health services
Allied healthcare services provider Healthia (ASX: HLA) has seen a significant growth for the first half of FY20, reporting a 50.2% rise in revenues which has also led the company to declare their maiden dividend. Compared to the corresponding H1 results for the year prior, Healthia reporting the significant jump to $44.2 million in revenue
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Digital Banks and Neobanks in Australia explained, what are they?
The Australian banking industry is rapidly changing and 2020 is shaping up as a big year for digital banks and Neobanks which will provide Australians with an alternative option for their banking services to the Big Four – NAB, Commonwealth Bank, ANZ and Westpac. With the terms ‘Digital Bank’ and ‘Neobank’ becoming increasingly popular, below
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Oventus secure national distributor in the United States for sleep apnoea treatment
Australian medtech company Oventus (ASX: OVN) is surging ahead with its plans to expand into the United States, having reached an agreement with healthcare provider Aeroflow Healthcare for Oventus’ Sleep Treatment Platform and consumables. The partnership will see Aeroflow offer Oventus products under subcontracts which will initially be introduced in the Southeastern States before being
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iSignThis-ASX Federal Court conflict heats up with $4.2m investment in ASX rival
Despite having been suspended from trade on the ASX (ASX: ASX) by the market operator, fintech company iSignThis (ASX: ISX) is making waves with a strategic $4.2 million investment in the National Stock Exchange (ASX: NSX), a rival market operator to the ASX that domiciles a smaller number of listed companies. The investment gives iSignThis
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Coronavirus driving dairy product sales and production, says Jatenergy
Australia-China trade specialist and consumer good manufacturer Jatenergy (ASX: JAT) has reported a significant uplift in their dairy product brands with the company correlating the rise with the coronavirus breakout. Whilst the Company did not go into any details regarding the correlation, their Neurio lactoferrin brand of milk products have seen a spike in orders
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Rebel Group, Houthis, seize $1.68m cash from Petsec Energy bank account
Political risk is often a key consideration for investing in Africa and the Middle East but shareholders of Petsec Energy (ASX: PSA) will be concerned from news that the company has had US $1.68m siphoned out of their bank account and learning that the Houthi rebel group in Yemen are likely to have been involved.
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Food Revolution pivots into hand sanitiser production, shares surge 49%
With a bottling production plant already in operation, food processing company Food Revolution Group (ASX: FOD) has received enough interest in hand sanitiser to quickly commission a new bottling line to fill a global supply gap in the sanitary product. Whilst the company does not have a line of sanitary products, its Melbourne plant has
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Data breach caps off horrendous few months for Asian matchmaker Love Group
In an age when dating apps are free to download and users swipe-right uninhibited, it is a credit to Hong-Kong based matchmaker Love Group (ASX: LVE) to have still billed out $1.7m in customer receipts for H1 of FY20. Despite the billings, Love Group has reported a cash operating loss of $228k with political protests
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Up 110% in 12 months, Johns Lyng continues acquisition spree, adding Air Control Australia
Construction and building services company Johns Lyng Group (ASX: JLG) has continued its excellent run of form over the past 12 months, today announcing the acquisition of the majority stake in complementary service provider Air Control Australia. The acquisition of 60% in Air Control Australia for $1.6 million cash and $300,000 of JLG equity will
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New Medibio MD kicks off 2020 with FDA Approval Roadmap
With mental health issues continuing to make headlines as greater importance is placed on its value towards wellbeing, medtech company Medibio (ASX: MEB) is developing a Software Medical Device for early detection of depressive symptoms. Sleep disorders, their onset, and progression, will be the key depressive symptom being targeted by Medibio’s technology which will be
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Azure Healthcare secures 3-year supply contract to more than 30 US States
Australian healthtech company Azure Healthcare (ASX: AZV) is set to further stamp their footprint on the United States healthcare system with a 3-year extension of their supply agreement for the Company’s nurse call systems which service more than 30 states. The Tacera Pulse system is used to monitor nurse call alarms, collect alarm and response
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Family Insights launches Frugl App for Grocery Price Comparison
Microcap tech company Family Insights (ASX: FAM) is going to make penny saving simpler for families with the launch of their smartphone app Frugl which enables users to compare identical grocery product prices between supermarkets. Beyond its price comparison functionality, the app also has health and wellness functions which enable users to create individual shopping
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FlexiGroup, Raiz and Mastercard collaborate for all-in-one BNPL service
Consumers tired of maintaining multiple accounts, downloading multiple apps and receiving multiple bills will soon have access to new Buy-Now-Pay-Later platform bundll which is a world-first BNPL product which can be used anywhere that accepts Mastercard. Touted as the a ‘Buy EVERYWHERE, Pay Later’ product, bundll was created via a strategic partnership between FlexiGroup (ASX:
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Extensive testing confirms BlackEarth’s graphite ripe for lithium-ion batteries and EV market
At a time when Tesla has emerged as the world’s largest car manufacturer (by market cap), graphite developer BlackEarth Minerals (ASX: BEM) has had their product confirmed by an independent lab as suitable for lithium-ion batteries. The final testwork report was published by Dorfner ANZAPLAN, a leading German full service specialist in testing and engineering,
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Emerald Research Note – Wagering, Lottery, and Casinos
Report excerpt: “2020 is shaping as a significant year in Australia for the Wagering and Casinos industry which is facing increased political headwinds likely to affect several ASX-listed companies. In perspective, the government reported figures to show Australians lose more from gambling losses per adult than anywhere else in the world, with Australian adults losing
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Rental Industry to shake up as Rent.com.au partners with Novatti to redevelop RentPay
In an era where customers are seeking alternative payment methods, the $60 billion rental payments industry is set for change with Australia’s top rental website Rent.com.au (ASX: RNT) to develop innovative rental platform, RentPay, in conjunction with fintech company Novatti Group (ASX: NOV). Defined by rent.com.au as a “next generation” rental payments solution, RentPay will
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Biotron shares surge 75% amidst coronavirus cure rumours
Since the outbreak of coronavirus has spread globally, speculators have been quick to invest in biopharmaceutical company – Biotron (ASX: BIT), which has seen a major spike in trading volume, increasing its share price 75% in the space of two weeks. Despite receiving a price query from the ASX on 23 January 2020 when the
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BNPL Provider Openpay slides 25% on listing price, partners with Woolworths
It’s been a rough first month since listing on the ASX for Buy-Now-Pay-Later (BNPL) service provider Openpay (ASX: OPY) but the fintech is diversifying into the B2B market with the launch of Openpay For Business – software designed to streamline trade account management. Despite its Openpay branding, Openpay For Business will not offer B2B partners
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Dubber secures Telstra as major client, are your calls being recorded?
Melbourne-based tech company Dubber (ASX: DUB) may be in line for a bump in revenue having agreed to terms with Telstra (ASX: TLS) which will enable Telstra clients to access Dubber’s call recording software. Already the world’s most scalable call recording service, Dubber was founded in 2011 but quickly grew to service telecommunications clients across
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Emerald Financial Research Note – Novatti Group BUY Recommendation
Novatti’s international payment service business continues to grow, highlighted by the strong growth in Q1 FY20 which saw 32% growth in revenue and its second consecutive cash flow positive quarter. In parallel with the payments business, Novatti is expected to be granted a restricted banking licence in early-2020 and industry averages suggesting a full licence
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Nanollose partners with Indian behemoth, edges towards commercialisation of sustainable clothing
Australian innovator Nanollose (ASX: NC6) has partnered with Indian production giant Grasim Industries for the exclusive development of Nanollose’s tree-free fibres which are an alternative to Cellulose – a hidden polymer building block used in everyday life such as clothing and paper. As the flagship business of Aditya Birla Group which delivered revenues of more
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Rio Tinto give big tick of approval to Antipa Minerals, commits further $14m
There looks to be some serious gold in Antipa Minerals’ (ASX: AZY) hills with joint venture partner Rio Tinto (ASX: RIO) electing to increase its share in Antipa’s Citadel Project in Western Australia. Rio Tinto had initially committed $11m to the gold project in exchange for a 51% interest and will now commit a further
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Healthia goes global, launches 3D printed orthotics lab in New York
Australian allied healthcare provider Healthia (ASX: HLA) has taken its industry-leading 3D printing technology to the world with the launch of an orthotics manufacturing lab in Astoria, New York, capable of printing 30,000 pairs annually. The new facility will be operated by iOrthotics USA, which Healthia owns a 58% stake in, and has been secured
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International payments processor Novatti grows revenue by 45%
Fintech developer and transactions processor Novatti (ASX: NOV) has reported record payment processing revenues for the quarter ending December 31, 2019, a rise of 45% compared to the corresponding 2018 quarter. The increase from $1.15m to $1.55m comes solely from Novatti’s international transaction processing business, just one division of the Company which has a banking
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MyFiziq partners with Bearn app, will pay you to lose weight
Health technology company MyFiziq (ASX: MYQ) has agreed to terms with American health and wellness company Bearn LLC for their tech to be integrated into the health-tracking Bearn application which offers users actual money for meeting health goals. Key to the companies integrating their technology together is MyFiziq’s patented body-scanning smartphone software which tracks an
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Uranium at $25/lb but Boss Resources is preparing for it to double
It’s been a long period of dormancy for the uranium market following the 2011 Fukushima disaster which has seen an industry slowdown, with many smaller uranium companies shutting down. However, one which has not, Boss Resources (ASX: BOE) – is preparing to re-start operation. There’s just one problem – they need the price of uranium
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G Medical to enter Taiwan with smartphone vital signs monitor, shares rocket
Medtech company G Medical Innovations (ASX: GMV) is preparing to launch Prizma – a smartphone case that can monitor vital signs – in Taiwan, having secured Taiwan Food and Drug Administration approval for their flagship device. The approval comes via G Medical’s partner in Taiwan, First Channel Ltd (FCL) which will immediately commence discussions with
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Emerald Financial Research Note – Healthia Ltd BUY Recommendation
In their first year of operation since consolidating the various allied healthcare businesses together, Healthia performed well at an operational level to deliver sound financial returns through FY19. Whilst operational expenses exceeded forecasts in the Company’s first year, the majority are attributed to oneoff expenses associated with integration of clinics into the Healthia network, heightened
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Collaborate launches car sharing in New Zealand with leading automotive group
Aussie tech company Collaborate Corporation (ASX: CL8) has secured a key partner to launch Carly, their car subscription service, in New Zealand and continues to bring disruption to traditional means of car ownership. The 6-month partnership with Turners Automotive Group (ASX:TRA; NZX:TRA), New Zealand’s largest car retailer, will see Turners commit 200 vehicles for access
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New Google Education Partner status sends TALi shares soaring
Australian tech company TALi Digital (ASX: TD1) has secured mass global distribution following the announcement that the company has achieved Google For Education Partner status for their TALi education platform, sending TALi’s share price soaring 35%. Clinically tested software products which address neurological conditions in early childhood to strengthen cognitive attention in children, TALi Detect
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Australians continue seeking alternative to banks as Wisr loans surge 36% in Q2
With scandals having rocked the banking sector over the past 12 months, Australia’s first neo-lender Wisr (ASX: WZR) has seen major growth in its loan growth, reporting an increase of $31.6 million in loan origination, an increase of 36% compared to the previous quarter and bringing total loan origination to $163.8m. The milestone continues a
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Hemp soups coming to supermarket shelves as ECS Botanics secures national distribution
Australians keen to capitalise on the nutritional benefits around hemp will soon be able to do so via soup formats with ECS Botanics (ASX: ECS) securing a distribution agreement with Just Foods Australia to have their soup product sold on Woolworths shelves. Australia’s largest supermarket chain will stock ECS’s Mexican Spiced Bean Soup with Hemp
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Virtual Reality coming to Dental training as Vection enters VR healthcare education
Aspiring dentists could soon find themselves learning their trade via virtual reality (VR) with tech company Vection Technologies (ASX: VR1) having been engaged by dental technician expert D&D to create FrameS Dental – a VR training program which will be spun out of Vection’s existing VR technology – FrameS. Initial consideration for the project agreement
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K2Fly secures global miners as SaaS clients, doubles revenues
Australian tech company K2fly (ASX: K2F) has reported record sales for their mineral resource and land management software delivering $1.67m in revenues for Q2 2020, a rise of 102% on the equivalent FY19 quarter. Key to the significant uptick in sales is the ongoing SaaS fees which ensures annual recurring revenues and the onboarding of
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Novatti secures $18m investment in preparation for digital banking service
Undergoing a second investment round in preparation for the launch of their digital banking business, Australian fintech company Novatti Group (ASX: NOV) has secured further cornerstone investors committing $18m which will enable the Group to meet capital requirements for the granting of a banking license. The investors comprise Hong Kong-based Fortune Fund Investment (Asia) Limited
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Lightbox and Neon to merge, creating ‘supercharged’ streaming service for Kiwis
As video-on-demand (VOD) services continue emerging as the platform of preference amongst television viewers, New Zealand residents will soon have access to an outstanding range of content from one sole service with Spark (ASX: SPK) entering an agreement to sell Lightbox to broadcaster Sky Network Television (ASX: SKT). The agreement will see Sky merge Lightbox
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MGM secures major UK distributor for child-safe GPS smartphones
Tech company MGM Wireless (ASX: MWR) could soon be in line for a significant uptick in sales having entered into a distribution agreement with FTSE250 retailer Dixons Carphone plc (LON: DC) for MGM’s child-friendly SPACETALK product. The agreement enables Europeans to purchase the all-in-one smartphone, watch and GPS device through Currys PC World online store,
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Researchers choose LumiGrow for horticulture studies, Enevis continues turnaround
Australian tech company Enevis (ASX: ENE) has continued an impressive business turnaround which has led to three leading Universities electing to conduct horticulture research using LumiGrow lighting solutions which recently won the Best Lighting Solutions award at the 2019 Canadian Cannabis awards. Having secured exclusive distribution rights from U.S company LumiGrow, orders were placed with
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Holista files patent application for tech that makes CBD oil 40x more potent
Food technology company Holista Colltech (ASX: HCT) has filed a patent for platform technology claiming to deliver fat-soluble medications which can be applied to the cannabidiol oil industry, making CBD oils 40 times more potent. If granted, the global patent can be applied to a whole range of molecules to create a water-soluble delivery system
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Zoono secures Chinese distributor after impressive African swine fever trials
With China having lost more than 100 million pigs due to the recent outbreak of African swine fever in the mainland, attention has been thrust upon preventative measures, leading a Chinese Group to engage chemical company Zoono (ASX: ZNO) for a 10-year distribution arrangement. The Chinese Group will use the Zoono China brand to sell
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Healthcare service providers poised to benefit in 2020 despite economic uncertainty
2019 has been a year like none other, with President Trump seemingly having more direct influence on international markets than any of his predecessors. It’s why we have continually seen market swings and the tiring words ‘Trade War’ repeatedly popping up in headlines on a daily basis. Under Trump’s administration, the yardstick for a President’s
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Beam launches world-first global satellite SOS messaging service
Thousands of would-be deaths will soon be saved with Beam Communications (ASX: BCC) today launching presales of their satellite SOS messaging device, ZOLEO. The device will be available for purchase online via SatPhoneShop.com which is wholly owned by Beam, as well as global online sales channels including Ebay and Amazon from 18 December. Customers wishing
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Encouraging data for Cynata aiming to treat condition responsible for half of hospital deaths
Australian biopharmaceuticals developer Cynata Therapeutics (ASX: CYP) has returned highly encouraging data from its preclinical trials for its Cymerus™ product aiming to treat sepsis, the most common cause of death in hospital intensive care units. Sepsis, a form of blood poisoning, continues to be a major health problem in hospitals which accounts for 50% of
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Auditors slam Sky and Space, possibly the most hated company listed on the ASX
Having been in a voluntary trading halt since last trading on 3 April 2019, shareholders of Sky and Space Global (ASX: SAS) may finally have some closure with signs now pointing to the Israeli-based space company being put into administration. Earlier in the year, we brought attention to the series of capital raises undertaken by
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Morrison Government confirms $5m funding towards AI facial recognition for pain assessment
Confirming their commitment announced in April 2019, the Morrison Government has signed a $5 million grant to Australian medtech company PainChek (ASX: PCK) which will provide dementia patients with licences to utilise the facial recognition software for the purpose of assessing pain. Key to the software which has been clinically tested is its ability to
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Neuren secures European patent for drug aimed to treat incurable brain disorders
Australian biopharmaceuticals developer Neuren Pharmaceuticals (ASX: NEU) has been granted a patent from the European Patent Office covering NNZ-2591, a world-first drug being developed to treat three neurodevelopmental disorders which affect children, and are currently incurable. The granting of the new patent is the third jurisdiction to do so for Neuren with the same application
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Amaysim acquires Jeenee Mobile, increases recurring subscribers to 698k
Telecommunications provider amaysim (ASX: AYS) has strengthened its recurring mobile subscriber base through the acquisition of Jeenee Communications and its 41,700 subscribers. The purchase of the privately-held mobile virtual network operator (MVNO) for total consideration of $7.8 million will take amaysim’s total recurring mobile subscriber base to 698,600 total users with Jeenee customers to be
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Quantify Tech secures $500k order to turn apartments into SmartHomes
Australian tech manufacturer Quantify Technology (ASX: QFY) has secured an order in excess of $500,000 for their qDevices which will be installed in three apartment buildings, converting them into SmartHomes where lighting and sound will be adjustable by occupants via voice, app and touch. The Heads of Agreement (HoA) is with Sydney based building developer
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Apiam Animal Health acquires leading animal consulting business in Victoria
In an offer too good to refuse, owners of privately-held veterinary company Grampians Animal Health have sold the business to Apiam Animal Health (ASX: AHX) for $4.65m. Located in Hamilton, Victoria – the heartland of Victorian sheep farming – the purchase will see Apiam acquire the animal veterinary clinic as well as Livestock Logic, a
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Linius adds NBL as client for video personalisation service
Australian video tech company Linius (ASX: LNU) has secured Australia’s National Basketball League (NBL) to its growing list of sports clients utilising their personalised video service – Video Virtualization Engine™ (VVE). As the world’s first service which transforms static video into personalised video experiences, individual users of the VVE technology will be able to individually
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De.mem adds $1.7m revenue from contract with global powerhouse Givaudan
Australian-Singapore wastewater treatment company De.mem (ASX: DEM) has strengthened its bottom line having today announced a new contract acquisition from Swiss cosmetics and fragrances manufacturer Givaudan (SWX: GVN), valued at a minimum of $1.7m. The contract will see De.mem operate a wastewater treatment system at the Swiss conglomerate’s Singapore production facility, treating wastewater to meet
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Wellness and Beauty Solutions, secures NZ mass distributor for TANNED range
Australian beauty product manufacturer Wellness and Beauty Solutions (ASX: WNB) has secured a partnership with Sisterhood Beauty for mass distribution of their TANNED product range across 600 retail outlets in New Zealand. Launched in June 2019, the TANNED product line is a safe sunless tanning product which is currently available in Australia via Sportsgirl retail
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Medical Developments gains approval to commence Penthrox trials in China
Australian pharmaceuticals manufacturer Medical Developments International (ASX: MVP) has secured approval from the Chinese National Medical Product Administration (NMPA) to commence bridging trials for Penthrox IND, their green whistle pain reliever. The approval is a major step towards commercialisation of the flagship non-opioid pain reliever in China. “The approval of the Penthrox IND by the
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Noni B secures EziBuy database for ‘nominal figure’, stake in company too
Australian retailer Noni B (ASX: NBL) and Alceon Group have reached an agreement to purchase a 50.1% stake in EziBuy, a large multi-channel clothing and homewares retailer in New Zealand for an undisclosed “nominal” figure. The purchase will provide Noni B and Alceon with the majority stake in EziBuy which last year reported NZD $135m
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FDA relaxes clinical trial guidelines, opens U.S opportunity to Visioneering
Medtech developer Visioneering Technologies (ASX: VTI) may soon have its NaturalVue Multifocal (NVMF) contact lenses re-classified by the FDA which has just approved the first contact lenses which slow the progression of nearsightedness. The FDA approval was given to CooperVision’s MiSight® 1 day contact lens which slows the progression of myopia specifically in children. The
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ServTech launches virtual reality tech in Canada, capitalising on building activity
With Toronto, currently in the midst of a mini housing boom which has seen rises in house prices and an influx of commercial development, Australian tech company ServTech Global (ASX: SVT) is set to launch their virtual reality (VR) and augmented reality (AR) software in Canada. The expansion comes via a software distribution agreement with
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HeraMED shares surge 51% following FDA approval for fetal heart monitor
Medtech company HeraMED (ASX: HMD) has seen a major spike in investor confidence after securing clearance from the US Food and Drug Administration (FDA) for HeraBEAT US – their fetal ultrasonic heart monitor. Intended to detect, display and replay heart beats from as early as 12 weeks into pregnancy, the handheld device was developed in
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Turners secures Heartland Bank as mass distribution partner for auto-insurance
New Zealand financial services provider Turners Automotive Group (ASX/NZX: TRA) has partnered with Heartland Bank (ASX/NZX; HGH), securing a new distribution network which the auto insurers expects to generate an additional NZ $2m in revenue. Via the partnership, Heartland Bank will commence selling Turners’ Autosure products via their motor vehicle financing business, MARAC. “This is
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What housing slump? The Agency Group report record real estate commissions
Despite Australia being on the borderline of a recession which has prompted regular interest rate cuts, The Agency Group (ASX: AU1) has reported record commissions for their real estate business, achieving $5.4m in October – a 54% lift on the $3.5m in the month prior. In October alone, The Agency Group sold $345m worth of
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DigitalX launches Bitcoin Fund, backing it with $2.75m in BTC
Investors seeking professionally-managed exposure to cryptocurrencies and digital assets will soon be able to do so via DigitalX’s (ASX: DCC) new Bitcoin Fund with the Company already possessing a significant holding of 413 Bitcoins (BTC), currently valued at a total of $5.28m. The new fund will available to sophisticated investors and family offices under a
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Proteomics secures CE Mark certification for world’s first diabetic kidney disease diagnostic device
Australian medtech developer Proteomics International Laboratories (PILL, ASX: PIQ) has reached a landmark milestone having secured CE Mark certification for commericalisation of their in vitro diagnostic medical device in Europe, which can predict the early onset of diabetic kidney disease. The device, PromarkerD, takes a blood test which then creates a unique protein fingerprint which
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THC Global secures permit to commence medicinal cannabis manufacturing in Queensland
Australian cannabis pharmaceuticals company THC Global (ASX: THC) is one major step closer to their ‘Farm to Pharma’ strategy, having been granted a Manufacture Permit from the Australian Office of Drug Control for their facility in Southport, Queensland. By securing the permit, THC Global will immediately commence production of medicinal cannabis products which have been
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FinTech disruptor Novatti secures partner to launch digital wallets in Australia
Australian payments technology innovator Novatti (ASX: NOV) has secured a significant backing with Australian Fintech Investment Group (AFIG) to invest $1.1m in Novatti’s ambitious disruption plans which will initially target new migrants. The investment will be made directly into Novatti B Holding Company (NBHC) which will be the subsidiary managing the company’s banking services unit,
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Zelda to launch clinical trials testing cannabis as solution to insomnia
Australian bio-pharmaceutical developer Zelda Therapeutics (ASX: ZLD) has now fully enrolled insomnia sufferers into clinical trials where the Company aims to use cannabis as a treatment for clinically diagnosed patients. This set of trials will be completed in collaboration with the University of Western Australia (UWA) Centre for Sleep Science. The trials will aim to
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Organic food sales surge as Murray River target China via social media
Organic food producer Murray River Organics Group (ASX: MRG) has seen a 27% uplift in exports. Interest from China-based consumers have led the drive, following the Company’s marketing tactics using the WeChat social media platform. Using WeChat, Murray River Organics has been able to communicate directly with consumers at a time when ongoing food safety
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Leading research body invests in Bio-Gene’s fight against grain pests
At a time when drought has ravaged Australian farmers, food storage is poised to play a vital role in the nation’s agriculture production which is seeing significant industry investment in Bio-Gene Technology (ASX: BGT) and their grain pest control products. In the latest round of announcements, Bio-Gene has confirmed the addition of Grains Research and
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Orbital launches first tactical UAV flights in Australia
As drone technology continues to advance and heighten security concerns, Australian tech developer Orbital Corporation (ASX: OEC) has initiated a UAV flight program targeting 300 hours of data, in collaboration with wholly-owned Boeing subsidiary Insitu Pacific. The program is being conducted at Insitu’s Queensland facility where Orbital’s propulsion systems will be key to extending the
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Another week, another new metal for Toro Energy as Nickel now intersected
In the midst of a capital raise from shareholders, Toro Energy (ASX: TOE) has continued its rush of news flow, today announcing the intersection of Nickel sulphide deposits, adding to their recently discovered Vanadium and Gold to go with their flagship resource, Uranium. As part of their exploration program into their Yandal Gold Project, located
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Pollution-tech provider Envirosuite to set to partner with major Chinese firm
Two months into a corporate strategy to target the lucrative Chinese market, Australian environmental management tech firm Envirosuite (ASX: EVS) is set to partner with Sailhero, a major China-based company to tackle pollution. With a market cap of USD$4.3 billion, environmental protection group Sailhero has access to 30% of the air pollution market in China
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NAB partners with microfinance Fintech, Wisr
Australian Fintech firm Wisr (ASX: WZR) has received a major boost in market confidence after securing $50 million in funding from NAB to increase debt capacity for ethical microfinance facilities. The 2-year partnership will see NAB provide an initial $50m debt warehouse program with the potential to increase to $200m. “This is an incredible result
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HeraMed penetrating Indian marketplace for early detection of prenatal risks
Technology developer HeraMed (ASX: HMD) has continued its progression into the Indian market with its pregnancy monitoring devices aimed at improving engagement between pregnant women and medical professionals to improve health monitoring and early risk detection. The progress sees an extension of a Memorandum of Understanding with Indian distributors Consultus India as well as a
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MGC Pharma doubles cannabinoid prescriptions in one month
Biopharmaceuticals manufacturer MGC Pharmaceuticals (ASX: MXC) has seen significant uptake of its cannabinoid medications with prescriptions across Australia and the United Kingdom doubling to 800 patients through the month of October. The update comes as more medical practitioners prescribe phytocannabinoid-derived medications CannEpil®, which targets drug-resistant epilepsy, and MXP100 which is recommended for neurological disorders, inflammation
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Product delivery by drone inevitable as ParaZero sales surge
With some of the worlds largest retailers safely delivering goods by drones which are flying over people, drone safety systems company ParaZero (ASX: PRZ) has seen a notable uplift in sales for its parachute devices amongst drone manufacturers. The new orders amount to $235,000 for ParaZero but may be a sign of things to come
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The long road ahead for Seven West Media
Emerald Financial Rating: Medium-term Sell Price at time of publication: $0.42 The Australian media ranks have once again had their feathers rustled earlier in the year following the resignation of Seven West Media CEO Tim Worner just five days before he had been due to deliver the Groups FY19 financial results. With the timing ofRead MorePublic
Australia’s green whistle pain relief winning over Europeans
Carried and administered by Australian paramedics for decades, the green whistle pain reliever has been on the Australian market for years but clinical trials in Europe have now revealed Penthrox® to be a superior pain relief product than traditional treatments of morphine (IV), paracetamol, ketoprofen and NSAIDS. Marketed as Penthrox® with the key ingredient of
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WineDepot signs foundation client, Australia’s largest family-owned winery
Tech newcomer Digital Wine Ventures (ASX: DW8) has hit the ground running with the signing of Casella Family Brands, Australia largest family-owned winery, as a foundation client for their one-stop-shop WineDepot platform. Launched in September 2019, WineDepot is a B2B cloud-based platform which aims to connect wine producers, distributors, importers and retailers enabling producers a
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Hyundai to launch vehicle subscription service in Australia via Carly
Australians not wanting the burden of car ownership but convenience of its travel will soon be able to purchase a subscription to Hyundai where they will be able to drive a Hyundai vehicle via subscription platform Carly.co, which is owned by Collaborate Corporation (ASX: CL8). The partnership between Hyundai and Carly will be the first
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Fiji Kava set to alleviate New Zealand’s stress and anxiety
Amidst rising demand for natural-health solutions, kava producer Fiji Kava (ASX: FIJ) has reached an agreement with Green Cross Health (NZX: GXH) to supply kava products to more than 350 pharmacies in New Zealand. A leading healthcare provider in New Zealand, Green Cross Health will stock the kava powders and capsules exclusively for a 12-month
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Strike 2 – Latitude IPO pulled amidst lack of investor confidence in float
The somewhat hyped IPO of Latitude Financial Group, which would have been the biggest of 2019, has been pulled from listing after various attempts to encourage brokers and investors to participate in the float. The news comes just one day after lead managers for the IPO contacted prospective investors forewarning that demand for shares in
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Kleos targets U.S. maritime defence, launching American business
Space technology developer Kleos Space (ASX: KSS, Frankfurt: KS1) is set to claim a share of the US$692 billion U.S. National Security Budget via the launch of a wholly-owned subsidiary to be based in the United States. By launching Kleos US, Kleos will gain access to valuable government funding which is restricted to U.S. entities,
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Immutep clinical trials deliver significant tumour shrinkage in late-stage cancer patients
Australian biotech company Immutep (ASX: IMM, NASDAQ: IMMP) has delivered impressive Phase I clinical trial results for its TACTI-mel trial which has observed significant tumour size shrinkage in the majority of trial patients over the 12 month trial period. The trials tested 24 patients with melanoma which were located in areas not capable of being
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Paladin Energy preparing for uranium turnaround with rapid production restart planned
Uranium producer Paladin Energy (ASX: PDN) is preparing for a rapid restart of their Langer Heinrich uranium mine. The Company has recently completed a new feasibility study, accounting for improved production capacities which has significantly lowered the cost of production compared to 2018 when the mine was last in operation. Intending to capitalise on a
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Vonex doubles customers since linking with Qantas Business Rewards
Telecommunications company Vonex (ASX: VN8) has seen an immediate uplift in customer leads, referrals and signups since partnering with Qantas Business Rewards, enabling businesses to earn Qantas Points via the purchase of Vonex products and services. Since the partnership between Vonex and Qantas (ASX: QAN) commenced in mid-August, Vonex has notably improved its book of
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Millennium continues major turnaround with new $41m contract
Cleaning services provider Millennium Services (ASX: MIL) has advanced its New Zealand operations notably, securing a 5-year contract valued at A$41.3 million to provide cleaning services across five NZ shopping centres. The contract comprises of new work across 3 shopping centres, and an extension of terms across two others for the repeat client, an ASX-listed
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Evolve Education to shake up childcare industry with Australian expansion
The Australian childcare industry could be in line for a shakeup with large New Zealand operator Evolve Education (ASX: EVO) announcing their expansion into the Australian market, starting with the acquisition of four centres in Melbourne. The acquisitions were funded from existing cash reserves with a total purchase price of A$11.8m and are expected to
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Major U.S healthcare company invests $11m in MedAdvisor at a premium
Australian medtech company MedAdvisor (ASX: MDR) has received a major boost in confidence following an oversubscribed capital raise which included an $11m investment from U.S healthcare solutions provider HMS (NASDAQ: HMSY). The investment from HMS comes alongside a further $6m raised from institutional investors bringing their total funds raised to $17m, all at an Offer
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What the SportsBet-BetEasy merger means for TabCorp and punters
The online sports wagering industry is set to be shaken up once again, with the proposed merger of online bookmaker operators The Stars Group and Flutter Entertainment. With the Groups operating BetEasy and SportsBet respectively, merging two of Australia’s largest online bookmakers will have significant industry ramifications, with punters set to be the biggest winners
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Trigg Mining stumbles of opening day after finally listing on the ASX
After a long road to the ASX which started in May 2018, Trigg Mining (ASX: TMG) has reached an abrupt junction having finally commenced trading, only to fall 30% from their IPO Offer Price on opening day. The journey commenced in May 2018 when the Perth-base potash explorer sought to raise $2 million from their
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Magellan’s landmark IPO spinout nets mixed results, raising $862m
The landmark decision by Magellan Financial Group (ASX: MFG) to not pay brokers a commission on funds raised has delivered mixed results with the financial giant raising $862 million from investors for the High Conviction Trust spinout, a notably small figure compared to their $92 billion in funds under management. In lieu of paying commissions
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Theta Gold Mines ups production plans with purchase of mill
With gold prices still sitting at lofty heights, Theta Gold Mines (ASX: TGM) has taken a major step forward in their South African gold operations with the AUD $550,000 purchase of a ball mill. The secondhand mill was previously used by Glencore with independent expectations confirming the mill to be in excellent condition. The purchase
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NeuroScientific Biopharmaceuticals seeks glaucoma cure after positive results on rabbit
The 60 million individuals around the world who suffer from glaucoma could one day have a cure for the debilitating eye disease from NeuroScientific Biopharmaceuticals (ASX: NSB), with the company buoyed by initial results from their preclinical trials. The drug development company’s lead product, EmtinB – a therapeutic peptide which has had positive results for
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After $250m spent on research, EOS launches space communications business
Their share price may suggest it to be a poorly kept secret, but Electro Optic Systems (ASX: EOS) has today announced the launch of a space communications business, an area which the company has spent more than $250 million researching over the past ten years. Key to their decision to spin out the new business,
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Stock Forum HotCopper expanding to North American exchanges via $22m acquisition
Online sharemarket forum HotCopper (ASX: HOT) has made its first major corporate move in years, announcing the acquisition of Stockhouse Publishing, a Canada-based business which runs a similar sharemarket forum, but focused on North America markets. The purchase price of CAD $20 million (approx AUD $22m) will comprise of C$18m in cash and C$2m in
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Micro cap explorer to sue French Government for $55m over project stonewalling
A saga between oil and gas explorer Gas2Grid (ASX: GGX) and the French Government has now been drawn out since 2013, prompting the company to instruct lawyers to launch legal action seeking $55 million in damages. Currently trading with a market cap of just $5 million, the claim, if successful, would be one of the
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Kingston Resources strike impressive high-grade gold just 20m from surface
West Australian gold explorer Kingston Resources (ASX: KSN) has returned excellent high-grade assay results from a maiden drill program at their Livingston Gold Project with several large intersects identified within just 20m under surface. Major near-surface intersects at the Kingsley prospect include 5m @ 3.68g/t Au from 12m 10m @ 11.95g/t Au from 20m 15m
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Roots’ central heating pipes increase cannabis yield by 40%
Installation of agriculture tech company Roots’ (ASX: ROO) soil heating system has seen cannabis yields increase by 40%, applying a similar heating system to root soils which humans have been implementing in homes for decades. The Root Zone Technology Optimization (RTZO) technology sees Roots install piping within soil depths which enable users to control the
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CropLogic in strife with ASX after “unsatisfactory” response
Highlighting the importance of compliance and transparency for investors, a corporate governance breach by agriculture company CropLogic (ASX: CLI) has landed them on the ASX watch-list which will see their announcements and activity closely scrutinised by regulators for the foreseeable future. The situation arose following a private query from the ASX to CropLogic as to
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Tech billionaire Richard White backs Kyckr, buying 19.6% stake in tech small cap
Highlighting the importance of compliance and transparency for investors, a corporate governance breach by agriculture company CropLogic (ASX: CLI) has landed them on the ASX watch-list which will see their announcements and activity closely scrutinised by regulators for the foreseeable future. The situation arose following a private query from the ASX to CropLogic as to
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Keytone Dairy adds complementary healthfoods range with Super Cubes acquisition
As the Australian public continues trending towards health-conscious eating, dairy producer Keytone Dairy (ASX: KTD) is expanding into the segment via the acquisition of lifestyle health and wellness brand Super Cubes. The purchase price of $263k cash, $463k debt settlement and issue of performance-based shares will provide Keytone with Super Cubes’ products as well as
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Alcidion engaged by Healthscope to predict your healthcare needs
If Doctor Google can diagnose your current ailments, medical informatics company Alcidion (ASX: ALC) may soon be predicting your future needs after being engaged by Healthscope to develop a data and analytics solution. The agreement, valued at $895,000 over three-years, will see the two companies work together as Healthscope seeks to transform the way healthcare
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AdAlta partners with GE Healthcare to develop i-body diagnostic imaging
Melbourne-based drug development company AdAlta (ASX: 1AD) has been selected by GE Healthcare, one of the world’s largest healthcare companies, to develop ‘i-bodies’ which GE can use as imaging agents. One-tenth of the size of regular antibodies, i-bodies are a new class of human protein therapeutic which can be applied as a therapeutic drug to
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Botanix highlight cannabinoid creams as major frontier to treat skin conditions acne, psoriasis & more
Sufferers of skin conditions like acne, psoriasis and dermatitis could soon have effective cannabinoid therapeutics thanks to Botanix (ASX:BOT) and their synthetic cannabinoid trials. Presenting at the International Cannabinoid Derived Pharmaceuticals (iCDP) Summit in Boston, the presentation titled Fact or Fiction, highlighted the effectiveness seen in their recently completed clinical trials to treat acne, and
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Robotics developer Strategic Elements secures partnership with global tech leader Honeywell
Australian tech company Strategic Elements (ASX.SOR) has been backed by Honeywell in a notable show of confidence with the American tech giant funding the firm to build experimental autonomous robotic vehicles backed by artificial intelligence. The partnership between Honeywell, a USD $100 billion company, and the Perth-based firm has been 10 months of work in
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Droneshield partners with UK’s largest telecommunications company
With rising advancements in drone technology, global counterdrone tech company DroneShield (ASX: DRO) has entered into a partnership with BT Group, the largest telecommunications company in the United Kingdom, to provide counterdrone solutions. The major partnership continues to highlight commercialisation within the counterdrone space with DroneShield reporting revenues of more than $1 million in its
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Mogul riding eSports phenomenon with launch of Branded Leagues
Set to capitalise on the billion dollar eSports industry, Esports Mogul (ASX: ESH) will host its first branded league on 13 September, 2019 for partner Alliance, which will offer a $100,000 cash prize for players of their Dota 2 Alliance League. More than 80 teams consisting of over 400 individual players have already subscribed to
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Beston bringing plant-based meats to a major supermarket near you
Australians will soon have access to plant-based meats at major supermarkets with Beston Global Food Company (ASX: BFC) entering into a manufacturing agreement with domestic food company Soulfresh. Currently producing plant-based meats under the brands Eaty and Wildly Good brands, Soulfresh’s plant-based meat products were sold out at Independent Supermarkets in June, leading Coles to
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Galan strikes unexpected heavy brines within South America Lithium Triangle
Lithium explorer Galan Lithium (ASX: GLN) has continued its good run of form in Argentina, intercepting highly conductive heavy brines from their maiden drill hole at Pata Pila, their second Lithium prospect. The drilling at Pata Pila which forms part of Galan’s Western Basin projects located within South America’s lucrative Lithium Triangle, follows up Galan’s
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Aquabotix taking fight from air to sea with largest water-drone sale to Asian military agency
The nature of military engagement continues to shift and Aquabotix (ASX: UUV) may have a big impact on how that happens following their biggest order of its SwarmDiver EDGE™ hybrid micro unmanned underwater vehicle. The $520,000 purchase from a major Asian military agency aligned to Australia has made the purchase, becoming Aquabotix’s first Asian client,
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Australian Dairy Nutritionals relocates, seeking to become top organic infant formula brand
On a quest to become Australia’s premier producer of organic milk products, Australian Dairy Nutritionals (ASX: AHF) has continued its advancement having now relocated their entire plant to a new 10 acre facility in Camperdown and attaining Customs clearance. With the new facility designed to have multiple segregated milk silos, AHF is seeking to take
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Orthocell on commercialisation path following revolutionary tendon regeneration trials
Labourers and athletes prone to shoulder injuries could have a significant solution after 89% of patients participating in Orthocell’s (ASX: OCC) tendon regeneration clinical trials, reported a pain-free return to work and recreation. The remaining 11% reported improved mobility and notably, none of the trial participants require further surgery two years on from the initial
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Grain storage pests no match for Bio-Gene after Flavocide trials reach six-month mark
Since the commencement of their program to fight grain storage pests, Agriculture technology company Bio-Gene Technology (ASX: BGT) continues to report strong trial results with current trials reaching the six-month mark and still effectively preventing pest growth. As the world population continues expanding and higher food storage levels are required, loss of grains and grain-based
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Healthia exceeds Prospectus forecasts in maiden FY earnings
National healthcare provider Healthia Ltd (ASX: HLA) has released its maiden FY earnings report with the Company delivering pro-forma EBITDA of $11.7 million*, exceeding forecasts by 13.6%. Since listing on the ASX in September 2018 under the guidance of Chairman Glen Richards, Healthia has increased their national presence through the continued acquisition of allied health
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Punters under microscope as BetMakers launch new data integrity platform with Racing Victoria
Following a slew of integrity problems coming to light in Victoria over the past two years, Racing Victoria has launched a new data tracking platform, partnering with tech firm BetMakers (ASX: BET) to enhance transparency and monitoring by racing authorities. The new platform has been developed by BetMakers with the partnership granting an exclusive license
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Bid Energy partners with Origin to rollout 28,000 ‘smart’ energy dashboards
Australian tech company BidEnergy (ASX: BID) has partnered with leading energy retailer Origin Energy to install their automated energy management platform for Origin’s commercial and industrial customers. The 3-year partnership will see BidEnergy’s platform be progressively rolled out to more than 14,500 Origin customers by December 2019, which will enable users and access portal for
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Paradigm clinical trial results identify breakthrough in fight against osteoarthritis
Osteoarthritis sufferers could soon receive effective pain relief and reduced onset from the degenerative disease after Paradigm Biopharmaceuticals (ASX: PAR) reported breakthrough clinical trial results which identified a significant reduction of pain levels from participants using their Zilosul product. The 53-day clinical trial saw testing of the injectable Pentosan-based treatment (iPPS) which demonstrated a conclusive
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AppsVillage extends custom mobile apps to 100m businesses via Instagram integration
One day after listing on the ASX, tech firm AppsVillage (ASX: APV) has announced the integration of their software with social media giant Instagram, providing access to 100 million new potential customers. “We are dedicated to continuing to enhance the marketing channels outreach for our clients,” said AppsVillage Founder and CEO, Max Bluvband “We are
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Major gas discovery sends Strike and Warrego share prices soaring
Shareholders of oil and gas explorers Warrego Energy (ASX: WGO) and Strike Energy (ASX: STX) have been handsomely rewarded after drilling and log interpretation indicated a major reservoir with high gas saturation at the West Erregulla joint venture project. The strike came 4,753m below surface at which point analysis identified a 97m trick gas column
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Defunct Empire Oil & Gas to be re-birthed as Venator Petroleum
Directors of the previously defunct oil and gas explorer Empire Oil & Gas (ASX: EGO) have announced the proposed acquisition of Venator and their Queensland oil assets with the intent of relisting on the ASX. This comes after Empire Oil & Gas went into administration in 2017 before administrators completed their obligations with Empire in
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9 Spokes penetrates U.S market via Bank of America partnership
Following several months of negotiations, New Zealand Fintech company 9 Spokes (ASX: 9SP) has revealed the Tier 1 banking partner they have been working with as Bank of America. With the announcement came confirmation of a 3-year partnership between the New Zealand firm and the global banking giant to white-label 9 Spokes’ small business data
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ResApp shares surge following European approval for smartphone-based respiratory diagnostics app
Med-tech developer ResApp Health (ASX: RAP) has received certification from European regulators for the world’s first smartphone-based respiratory diagnostics test. ResAppDx-EU is a mobile app which can be used by medical clinicians to diagnose respiratory conditions including tract disease, croup, pneumonia, asthma and bronchiolitis. “We are very excited about receiving our first regulatory approval for
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More than 100 children signed up for Zelda’s medicinal cannabis study
Australian bio-pharmaceutical company Zelda Therapeutics (ASX: ZLD) has continued advancing its observational study which is revealing data around the use of medicinal cannabis for improved behaviour in autistic children. Being conducted at the Children’s Hospital of Philadelphia, the observational study uses parent-reported data to identify doses and formulations of cannabis that improve behaviour, anxiety, sleep,
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Wide Open Agri launches new platform to deliver ethically raised meat direct to your doorstep
West Australians can now order ethically raised beef and lamb online with next day delivery courtesy of Wide Open Agriculture’s (ASX: WOA) new online sales platform – ‘Dirty Clean Food’. Via the regenerative food and farming company’s new website, Perth-based consumers have access to this direct paddock-to-plate platform without going through traditional retailers. 100% grass
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Scam Watch: Airbnb is NOT IPO-ing, Do not fall for the scam
In 2018, Australians lost almost $500 million to online scams. With the market for online scams being so lucrative, the scams are becoming intricately more complex and blurring the lines between fake and authentic. The latest Airbnb scam is just another example. Internet scammers have identified a major segment within the investor market where investors
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Technology Metals DFS identifies project as world’s “largest single primary vanadium producer”
Small cap vanadium developer Technology Metals Australia (ASX: TMT) has released impressive Definitive Feasibility Study results which have identified potential life-of-mine EBITDA totalling AUD $4.1 billion*. “The very high quality Gabanintha Vanadium Project DFS has generated an outstanding result delivering lowest quartile operating costs over a long initial mine life at a scale that will
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ClearVue enters Scandinavian micro-home market amid favourable legislative proposals
Solar window product manufacturer ClearVue Technologies (ASX: CPV) is poised to enter the Scandinavian market following an exclusive Collaboration Agreement with Swedish micro-home developer Attefallshus. The agreement will see Attefallshus apply ClearVue’s patented solar technology into glass surfaces which provide a source of renewable energy. “We are very much looking forward to collaborating with the
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Splitit adds Ally Commerce as a global strategic partner
Buy-now-pay-later (BNPL) service provider Splitit Payments (ASX: SPT) has secured a new partnership with US eCommerce provider Ally Commerce which has already commenced offering the BNPL service for its online enterprise merchants. Differing from the individual brand approach employed by ASX darling Afterpay (ASX: APT), Splitit instead has been sewing up a series of strategic
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Fluence secures first commercial SUBRE wastewater treatment order from China
Fluence Corporation (ASX: FLC) has advanced with a major inroad into the lucrative China wastewater market, securing a contract to deliver their proprietary SUBRE wastewater treatment system. The contract was secured via Liaoning Huahong New Energy Co and will see the delivery of a 3,000 m3/day SUBRE system in Panjin, China and assist the Panjin
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Nanollose partners with global manufacturer to develop sustainable solution in $13.2b market
Australian plant-tech company Nanollose Ltd (ASX: NC6) has partnered with global wet wipes manufacturer Codi Group to develop an eco-friendly wipes product, a market which has traditionally been dependent on oil-based raw materials. The Cooperation Agreement stems from a trial batch of Nanollose’s Tree-Free fibre which was sent to Codi earlier in the year for
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Is this the most hated company on the ASX?
If online forums and social media are anything to go by, Sky and Space Global (ASX: SAS) could potentially implode if they ever come out of the voluntary trading suspension which the Company entered on 4 April 2019. During that time, shareholders have been unable to sell trade the stock which last traded at 2.8
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Nuheara secures NDIS eligibility funding for smart hearing solutions
Audio technology company Nuheara Limited (ASX: NUH) has secured access to a major customer base following the registration of their smart hearing solutions under the National Disability Insurance Scheme (NDIS). This will provide Australians with access to almost the full range of Nuheara products, many of which will assist the 29% of NDIS participants who
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