3 ASX All Ords shares making moves today following earnings, one up 16%

Helia Group is the standout among these three ASX All Ords stocks today.

| More on:
Three people in a corporate office pour over a tablet, ready to invest.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

sdf

Key points

  • These three All Ords shares are having a mixed day on the market after releasing their results
  • Helia Group shares are up 16%, Weebit Nano shares are up 5%, and Impedimed is steady 
  • Helia shareholders will receive a combined interim and special dividend of 41 cents per share fully franked on 24 March 

These three S&P/ASX All Ords (ASX: XAO) shares are having a mixed day on the market after the release of their latest results today.

Helia Group is the standout of these ASX All Ords shares after the company announced a big lift in earnings per share (EPS) and a sizeable combined interim and special dividend of 41 cents per share.

Let's take a look.

Helia Group Ltd (ASX: HLI)

Helia shareholders are throwing a party today after the company declared a combined 41-cent interim and special dividend and a 53% increase in undiluted earnings per share (EPS).

The ASX All Ords share is soaring today, up 16.25% to $3.255 apiece at the time of writing.

The mortgage insurance provider released its 2022 annual report today. It revealed a statutory net profit after tax (NPAT) of $186.8 million, down 3.1% on the prior corresponding period (pcp), and an underlying NPAT of $288.4 million, up 21.3% pcp. Statutory NPAT was materially lower as a result of pre-tax unrealised mark-to-market investment losses of $140.3 million due to rising bond rates.

The separation from Genworth Financial Inc (NYSE: GNW) was completed on time and under budget in H2 FY22. The company noted that it retained all its customers in the changeover process.

Both the interim and special dividends will be fully franked and payable on 24 March.

Impedimed Limited (ASX: IPD)

This ASX All Ords share fell to an intraday low of 5.6 cents, down 3.45%, before rebounding to be flat for the day at 5.8 cents at the time of writing.

In its half-year results, the medical devices company announced a 10% increase in revenue to $5,655,000 and a net loss attributable to members of $10,815,000 — up 21% pcp.

Impedimed said the oncology division would be its primary focus for 2H FY23. The company noted a need to look at private payer reimbursement, expanding the sales platform in advance of reimbursement, and completing the SOZO II hardware development and submitting it for US Food and Drug Administration (FDA) clearance.

Weebit Nano Ltd (ASX: WBT)

This ASX All Ords share is up 5.24% to $6.935 at the time of writing.

The semiconductor technology company also released its half-year results today. It reported no revenue and a $22,276,150 loss due to research and development costs. This is up 3.5% pcp.

The company said it had "achieved several key technical and commercial milestones" during the half.

Weebit expects to achieve its first revenue later in 2023. The company says it is "well positioned to productise its ReRAM technology".

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Earnings Results

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Earnings Results

Web Travel share price rockets 13% on market leading full-year growth

Investors are sending Web Travel shares soaring today. Here’s why.

Read more »

Happy shopper at a clothes shop.
Earnings Results

Why did Myer shares just rocket 9%?

Investors are piling into Myer shares on Friday. But why?

Read more »

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Earnings Results

Up 78% since April, why is the Webjet share price taking off again today?

Webjet shares have soared 78% since 4 April and are lifting off again today. But why?

Read more »

a woman holds her hands to her temples as she sits in front of a computer screen with a concerned look on her face.
Industrials Shares

Guess which ASX 200 stock is crashing 24% on results day

Investors were not impressed with this result. But why?

Read more »

A man in full American NFL playing kit crouches over with his arms across his chest in a defensive stance against a dark background.
Technology Shares

ASX 300 tech stock charges 7% higher to record high on stellar results

This tech stock delivered another impressive result this morning.

Read more »

a group of people sit around a computer in an office environment.
Earnings Results

Guess which ASX 200 tech stock is rocketing 12% on record results

Another half, another record result from this high-quality company.

Read more »

A young man sitting at an outside table uses a card to pay for his online shopping.
Consumer Staples & Discretionary Shares

Why is the Kogan share price crashing 12%?

Profits are down at this ecommerce company during the second half.

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Resources Shares

Guess which ASX 200 mining stock is sinking 7% following its quarterly update

Let's see how this miner performed during the third quarter.

Read more »