@Explore @Stuey727 @Bear77 - putting aside mining companies (for which there are different requirements) my understanding is that it's actually to do with operating cashflow and not profit. I'm happy to be corrected on that though as the actual wording is not that explicit. The relevant ASX listing rule is chapter 4.7 and what it does say is that the entity must provide quarterly reporting for the first 8 quarters after admission or "if the ASX has asked it to do so". That last bit is a bit vague but essentially my understanding is the unwritten rule is they will be asked to do so until they show four consecutive quarters of positive operating cashflow.
Interestingly in the US quarterly reporting is de rigueur. I don't know how many of you have looked at the reporting of US companies but I've recently started looking at some of the recommendation of @wtsimis and the quality of reporting across the board is horrible - I'm talking big household names too. There might be a bit of familiarity bias but I felt like I'd gone back in time. I guess at least they're wasting heaps on IR but...yuk...