Link Administration Holdings has expressed confidence in the underlying quality and capacity of its core businesses.

Looking forward to fiscal 2024, the company forecasts that it will deliver operating earnings before interest and tax (EBIT) growth of at least 6% on a continuing operations basis.

Moreover, the company aspires to deliver mid-single digit operating EBIT compounded annual growth rate over the next three years, through to fiscal year 2026.

Link Administration Holdings (ASX:LNK) is a technology-enabled provider of outsourced administration services for superannuation funds, corporate markets and other institutions.

NEXTDC (ASX:NXT) has released its forecast for fiscal year 2024, predicting a total revenue in the range of A$400 million to A$415 million.

The company’s underlying EBITDA is likely to be within A$190 million to A$200 million.

Furthermore, the capital expenditure for the same fiscal year is projected to be anywhere from A$850 million to A$900 million.

For FY23, the company reported a 15% increase in underlying EBITDA amounting to A$193.7 million.

NEXTDC is a top Australian provider of data center solutions.

NEXTDC (ASX:NXT) has reported a fiscal year loss after income tax attributable to A$25.6 million, a dramatic shift from their previous year’s profit of A$9.1 million.

NEXTDC is a technology company specializing in data center outsourcing and cloud services.

Novonix (ASX:NVX) announced a half-year after-tax loss of A$28.1 million, indicating a decrease compared to A$31.0 million of loss reported earlier.

The company also noted a substantial 23% uplift in its total revenue, reaching A$3.9 million.

Novonix is a well-known firm specializing in the development and supply of materials for lithium-ion battery production.

Dug Technology believes a firm FY2024 lies ahead.

The company positions itself strategically to attain a prosperous FY2024 in its service business.

Dug Technology is a leading firm in the technology services industry.

Appen (ASX:APX) reported a half-year loss attributable of $43.3 million.

Additionally, the company’s revenue and other income from ordinary activities for the half-year period declined by 23.7%, amounting to $139.5 million.

Appen is a technology company specializing in IT services and consulting.

Appen (ASX:APX) forecasts that by the end of Fiscal Year 2023 (FY23), it will achieve an annual operating cost base lower than $113 million.

The firm now anticipates its revenue for the second half of FY23 to align more closely with its revenue from the first half.

Appen’s primary aim is to wrap up FY23 with a resurgence in underlying EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) and cash EBITDA profitability.

Appen is a global leader in the development of high-quality, human-annotated datasets for machine learning and artificial intelligence.

Australian Dairy Nutritionals Group (ASX:AHF) shares have plummeted by as much as 19.1% to A$0.017, marking their lowest point since July 2, 2014.

This signifies the stock’s largest intraday percentage loss since May 11.

The dairy firm is foreseeing a comprehensive loss of A$917,000 due to inventory impairment.

An anticipated FY total comprehensive loss of A$8.2 million is quite a leap from last year’s loss of A$2.5 million.

Approximately 2.4 million total shares have changed hands, a fivefold increase compared to the 30-day average volume.

Despite these setbacks, the company’s stock has risen by 53.3% this year, as at its last closing.

Australian Dairy Nutritionals features health-focused dairy goods and operates in Australia’s prime dairy districts.

BrainChip, an advanced artificial intelligence (AI) chipmaker, saw a sharp decline in the market, dropping as much as 12.3% to A$0.285, the lowest since August 2020.

This also caused the company to become the second-biggest loser in the ASX 200 benchmark index, marking it’s largest intraday drop since May 23.

The day’s trade saw more than 7.4 million shares change hands, compared to a 30-day average of 5.2 million shares.

BrainChip’s recent financial report disclosed a net loss after tax of $17.1 million for HY23, compared to a loss of $8.3 million a year ago.

The report also revealed a slump in revenue to $115,606 from last year’s $4.8 million.

Several customers deferred their evaluation of BrainChip’s technology until after the expected release of its newest AI processor chip in August, significantly impacting the company’s performance.

So far this year, BrainChip has seen a 56.4% decline, as of last close, in contrast to the 1.1% increase in the ASX 200 benchmark index.

BrainChip (ASX:BRN) is an artificial intelligence chipmaker based in Australia.

The share price of Australian lithium miner Pilbara Minerals (ASX:PLS) has dropped down 6.8% to A$4.380, recording its lowest level since June 1.

This was caused primarily by Jefferies and Citi reducing their price targets following a less optimistic output projection from Pilbara Minerals (ASX:PLS) for fiscal year 24 and augmented capital expenditure values.

The company’s spodumene concentrate yield for FY24 is predicted to be between 660 and 690 thousand tonnes, in contrast to 620.1 kt in the previous year.

Jefferies has stated that market was disappointed by this lower-than-expected forecast, which falls short of Citi’s forecasts by 4%.

Calling attention to the company’s FY24 capex guidance at A$875 mln to A$975 mln, Jefferies noted that this represents a significant increase on its earlier expectations of A$442 mln.

Jefferies has subsequently decreased PT to A$5.50 from A$6.00, still maintaining a ‘buy’ rating for the lithium miner.

It further emphasised that despite the present market reaction, it still perceives long-term value in the company through additional expansions to production capacity, predicting a sturdy longer-term lithium market.

Citi, on the other hand, decreased the PT to A$4.80 from A$5.10, downgrading the rating to ‘neutral’ from ‘buy’.

Citi asserted that FY2024 should be regarded as a transition period for Pilbara Minerals (ASX:PLS).

With eight of 17 analysts rating the company ‘buy’ or higher, and seven ‘hold’ and two ‘sell’ or lower, the median PT is noted as A$5.23, according to Refinitiv data.

Pilbara Minerals is an Australian lithium mining company that is currently facing fiscal challenges.