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<WIRE> Siteminder (ASX:SDR) soars on strong FY23 results and forecast

Shares of Siteminder rise as much as 20.8% to A$4.3, posting their biggest ever intraday percent jump. The hotel commerce platform posts unaudited revenue of A$151.4 million ($101.41 million) for FY23, up 30.5%. The company targets organic revenue growth of 30% in the medium term. Siteminder expects to be underlying EBITDA profitable and underlying free cash flow positive for H2FY24. The stock is among the top gainers in the ASX All Ordinaries Index. Shares hit their highest level since February 3. Shares are up 16.1% year-to-date, as of the last close.


<WIRE> Australian gold stocks slump on weak bullion prices

Australian gold stocks fall as much as 4.9%, their lowest level since June 26. Aussie gold stocks track gold prices lower, which were weighed down by a stronger dollar and an uptick in bond yields after better-than-expected U.S. economic data. Sector majors Northern Star Resources (ASX:NST) and Newcrest Mining (ASX:NCM) fall as much as 4.9% and 4.1%, respectively. Northern Star Resources hits its lowest since March 22. AXGD posts biggest intraday percent fall since Oct 10, 2022. Gold stocks up 16.8% YTD, as of last close, vs a 5.9% gain in the benchmark index (ASX:AXJO).


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<WIRE> Prospa Group Says Qtrly Revenue Up 40%

Prospa Group (ASX:PGL) reported that its quarterly revenue was up 40% to $75 million. The company also disclosed that its full-year revenue for FY23 was $286 million, representing a 61% increase compared to the previous year. However, Prospa Group expects to report an EBITDA loss of $29 million for FY23, compared to a profit of $12.1 million in FY22. Excluding non-cash ECL provision expenses totaling $58 million, the company anticipates adjusted EBITDA to be a profit of $29 million.