Southern Cross Media Group (ASX:SXL) has continued to deliver against its transformation strategy, growing audio earnings and completing its merger with Seven West Media Limited (ASX:SWM). The result reinforces a transition toward a scaled, multi-platform media group with greater operating leverage and long-term earnings potential.

🎬 The completed merger establishes a national content and distribution ecosystem across audio, television, streaming and publishing. Targeted cost synergies of at least $30 million by FY27, supporting margin improvement.
📺 Seven’s television and digital platforms strengthened audience and revenue share, with 7plus driving significant growth in streaming engagement. The now combined media portfolio enhances cross-platform reach and advertising.
📻 Growth in Audio EBITDA was supported by revenue share gains, disciplined cost management and continued expansion of the digital platform’s audience, with Audio delivering 28% EBITDA growth.

Southern Cross Media Chairman Heith Mackay-Cruise commented:
“Our assets grew both their absolute audiences and share of revenue in the first half, and we continued to pursue cost initiatives to address challenging advertising markets. These outcomes position the merged business for ongoing integration, transformation and growth.”

Spacetalk Ltd (ASX:SPA) has entered into a non-binding Memorandum of Understanding (MOU) with TPG Telecom Limited (ASX:TPG) to distribute Spacetalk’s Family Safety software platform across Vodafone Australia’s postpaid customer base. The agreement represents a milestone in SPA’s software-led, scalable recurring revenue model for telecommunications ecosystems.

📱 Exclusive distribution to millions of Vodafone Australia’s postpaid customers materially expands SPA’s addressable market and reduces reliance on hardware-driven sales.
📡 The partnership accelerates the shift toward higher quality, subscription-based recurring revenue, improving earnings visibility and operating leverage.
🔐 Embedding Family Safety services within a tier-one telco ecosystem strengthens long-term customer engagement, retention pathways and scalable growth potential.

Spacetalk Chief Executive Officer Simon Crowther commented:

“This MOU with Vodafone marks a pivotal moment in Spacetalk’s evolution. It validates our strategy to become a software-led partner to telecommunications operators, embedding family safety, engagement and insight directly into the telco customer experience.”

Axel REE Limited (ASX:AXL) is advancing its 100%-owned rare earth projects in Minas Gerais in Brazil, led by the district-scale Caladão Project. Recent testwork confirmed very high rare earth recoveries, while ongoing drilling has rapidly grown the project’s resource base, including significant gallium credits. With two potential in-situ recovery (ISR) areas emerging and pilot-scale work planned, Axel REE is now moving from exploration toward a clear development pathway. Non-Executive Chairman Paul Dickson joins The Stock Network’s Lel Smits to discuss the latest results and what’s ahead.

⚒️ Significance of strong recovery results
🪓 Low-cost in-situ recovery strategy
📈 Rapid resource growth and next steps

Aerometrex (ASX:AMX) has delivered record revenue and EBITDA in 1H26, with the company highlighting a clear operational inflection as MetroMap subscription growth accelerates and LiDAR project revenue recovered. The result reflects stronger sales execution, improved aviation efficiency and disciplined cost control following last year’s strategic review.

🗺️ MetroMap continued its strong growth trajectory by expanding geographic coverage, enhancing product features and rising subscription momentum. This is driving recurring revenue quality and platform competitiveness.
✈️ LiDAR project revenue recovered strongly due to improved aircraft utilisation and renewed sales activity. Which is reinforcing the value of Aerometrex’s integrated capture capability.
🛫 EBITDA growth over 1H26 has strengthened AMX’s financial resilience as the company moves towards sustainable profitability.

Aerometrex Chief Executive Officer Rob Veitch commented:

“This a really strong result for the business across all our key financial metrics. We delivered record first-half revenue and EBITDA, saw excellent growth in MetroMap ACV, and, importantly, have now maintained a stable cash balance for three consecutive quarters.”

Telix Pharmaceuticals (ASX:TLX, NASDAQ:TLX) has delivered a strong FY 2025 performance, underpinned by commercial growth and disciplined investment in its Precision Medicine pipeline, positioning the company for sustainable long-term value creation.

⛏️ TLX achieved 56% YoY revenue growth and positive operating cash flow, highlighting the commercial strength of the company’s Precision Medicine business. This growth was driven by continued uptake of Illuccix® and the successful U.S. launch of Gozellix®.
🪨 Strategic reinvestment in R&D and commercial infrastructure supports the advancement of late-stage therapeutic assets and potentially bring new treatments for prostate, kidney, and brain cancers to market.
🌍 TLX’s strong balance sheet, which included US$141.9 million in cash as at the year end, provides opportunities for targeted acquisitions, investments to accelerate pipeline development, and global product launches.

Telix Managing Director and Group CEO, Dr. Christian Behrenbruch, commented:
“Our strong commercial performance in 2025 provides a platform for continued growth across Telix’s global Precision Medicine franchise. The revenue guidance we are issuing today reflects our confidence in sustaining the momentum of our core cash generative business.”

Recharge Metals (ASX:REC) has acquired the Sunset Well Gold Project in the prospective Leonora district of Western Australia. The purchase positions the company to become a gold explorer with immediate resource scale and near-term growth opportunities.
⛏️ The acquisition provides immediate exposure to a defined gold resource at the Prospero Deposit as well as unlocking multiple underexplored brownfields and greenfields targets across 18km of shear zones.
🪨 The transaction strengthens Recharge’s strategic position in a well-established gold region while enhancing the potential to advance exploration efficiently to evaluate development options.
🌍 Drilling preparations are well advanced and supported by a fully funded $3.75 million share placement, as well as proceeds or up to $2.0 million from an upcoming rights issue, which together provide clear visibility of near-term growth, and positions the company for consistent exploration news flow.
Recharge Metals Managing Director Felicity Repacholi commented:
“Recharge’s acquisition of the Sunset Well Gold Project provides investors with immediate exposure to the strong gold environment from a project with an established resource base, and significant leverage to exploration upside through its clear growth potential and near-term news flow.”

Is your biggest wealth risk online? As financial lives move increasingly online, cyber risk has emerged as one of the most underestimated threats to wealth. Chubb’s Wealth Report shows that more than 60% of HNWIs consider cyber risk a considerable concern. From online banking and investment platforms to digital estate plans and cloud storage, sensitive data is now constantly exposed. Wealthy households face unique vulnerabilities due to the number of people who access their information, including advisors, lawyers, domestic staff, and family members. A single breach can lead to financial loss, identity theft, or reputational damage. Cybersecurity is no longer an IT issue, it is a core pillar of modern wealth protection.

Bell Financial Group (ASX:BFG) has delivered a strong full-year result, underscoring the benefits of its evolution from a traditional stockbroking house into a more diversified wealth management business. The Group’s newly structured Markets and Platforms divisions highlight this transition, with Platforms emerging as a key earnings engine supported by recurring revenue and scalable technology. Co-Chief Executive Officer Arnie Selvarajah joins The Stock Network’s Lel Smits to discuss how Bell’s transformation strategy is reshaping the business, what’s driving momentum across its divisions, and where future growth opportunities may lie for retail investors.

🔧 Transformation strategy
⚡ Platforms as a growth engine
🧭 Capital management and growth priorities