LiveTiles announced a restructure and cost reduction plan aimed at achieving positive cash flow.

With the new strategy, the company plans on implementing a global headcount reduction of forty-eight, which will include a mix of full-time employees and fixed-term contractors.

The company’s CEO, David Vander, has tendered his resignation as part of the changes.

LiveTiles is also speeding up efforts aimed at lowering operating costs such as exiting non-core office spaces, lowering IT related costs, among other measures.

The newly initiated cost reduction program is projected to help LiveTiles save around AU$16.2m in annual costs and AU$8.4m in FY24.

The changes are expected to provide the company with additional operational advantages fiscal year 2024.

LiveTiles is a global software company that provides cloud-based business collaboration tools for companies.

Australian Dairy Nutritionals (ASX:AHF) recently reported that it is considering the outlook for its Future Brand.

The domestic sales of the range have not lived up to their expectations, leading the company’s leadership to reassess the branding.

Australian Dairy Nutritionals also mentioned that in the past 12 months, there has been no investment made in the inventory of the Future range.

However, the company is continuously exploring other opportunities to sell the remaining inventory for the Future brand in international markets.

Additionally, the company received a notice that the Future Gradulac Gentle Infant Formula range will be removed from Chemist Warehouse stores across Australia.

Australian Dairy Nutritionals Group is a company primarily dealing with dairy products throughout Australia.

Amaero International (ASX:3DA) has resolved to begin the cessation of its operations in Australia.

Items of equipment and inventory currently held in Australia are potentially slated for shipping to the Tennessee facility or for sale.

The company also plans to terminate its existing leases on premises in South Australia and Victoria.

Furthermore, any ongoing commercial contracts within Australia will reach their termination.

Estrella Resources (ASX:ESR) has announced its intention to participate in the upcoming Timor-Leste Minerals Tender Process.

The company anticipates that the awarding of concessions for this event will happen within the next two months.

Estrella Resources is a leading mining company focusing on the exploration and development of metals.

Virgin Australia (ASX:IPO-VIR) announces that it has posted group revenue of A$5 billion, reflecting a surge of 124% over its FY22 performance.

The company’s FY underlying EBIT is reported at A$439 million, translating into a margin of 8.8%.

Furthermore, Virgin Australia also disclosed its FY statutory net profit after tax, which came in at A$129 million.

Virgin Australia is an Australian airline known for providing passenger and cargo transportation services.

Rare Foods Australia (ASX:RFA) announced that it has signed a heads of agreement with France-based Winereef International.

As part of the agreement, an ocean cellaring trial of up to 13,000 bottles will be undertaken.

The trial is set to kick off in early 2024 and is expected to produce as many as 13,000 bottles of product by July 2024.

Rare Foods Australia is a company focusing on bringing unique culinary experiences to its customers through exotic and niche food products.

Andromeda Metals (ASX:ADN) recently announced the appointment of Pascal Alexander-Bossy as their new Chief Financial Officer.

Andromeda Metals is a mineral exploration company based in Australia.

Talius Group (ASX:TAL) has reported its fourth consecutive positive cashflow quarter.

The firm acknowledged revenue of A$3.9 million in the quarter, marking a significant increase of 149%.

Cash payments received during this period totaled A$4.8 million.

These positive sums came from the sales of assistive technology to enterprise customers.

Talius Group is a respected firm that delivers assistive technological solutions to enterprise customers.

Shares of Talius Group (ASX:TAL) experienced a significant jump, skyrocketing as much as 42.9% to A$0.010.

This marked their most substantial intraday percentage gain since August 2020.

Talius Group, a provider of technology services, reported that it recorded quarterly revenue of A$3.9 million.

This amount was a robust increase of 149% compared to previous quarters.

Moreover, the company had positive cash flow for the quarter and closed it out with a total cash balance of A$1.6 million.

Talius Group’s shares reached their highest level since October 2nd.

Approximately 6.2 million shares were exchanged during the day, compared to a 30-day average of 622,403 shares.

Despite the surge, TAL stock remains down by 22.2% year-to-date, as of last closing.

Talius Group is a technology services company providing innovative solutions for businesses.

Original Juice (ASX:OJU) has experienced gains following the reported increase in its first quarter sales for the fiscal year 2024, wherein gross sales increased by 23%, amounting to AUD 13.4 million.

The company also forecast an increase in its FY24 sales to be within a range of 12% to 16%, corresponding to a valuation between AUD 59 million and AUD 61 million.

The firm observed significant stock activity with over 139,000 shares exchanged, compared to the 30-day average volume of 74,740.

However, year to date, the stock was down 31.3% as of last close.

Original Juice is an international beverage manufacturing company.