Dona Ferentes
Beware of geeks bearing grifts
- Joined
- 11 January 2016
- Posts
- 18,046
- Reactions
- 24,729
$0.39
Financial performance
Disciplined financial & capital management yields stable results.
• Revenue of $26.3m, up 10% Q2 FY25 ($23.8m).
• Gross profit margin of 29%.
• EBITDA of $2.1m, up 200% on Q2 FY25 ($0.7m).
Strategic delivery
Continued execution against strategy to support ongoing organic growth.
• Successfully increased market share in the US O&G market, growing our presence with target E&P operators in the Permian Basin & reducing overall customer concentration.
• Continued advancement of multiple key mining opportunities and secured a long-term trial with a global gold producer in Australia.
• Secured first PFAS contract US to treat investigation derived waste containing PFAS ‘forever chemicals’ at US Department of Defence installations.
• Domestic Water business active across multiple projects, including the construction of a $5.6m water treatment facility on a major NSW infrastructure project.
• Board changes support strategic growth.
Outlook
Growing market demand for SciDev technologies with timing impacts in Water and Mining.
• Healthy BD pipeline across all business units.
• Demand for proprietary chemistry remains strong, underpinning improved margins.
• Client driven delays in the Water & Mining businesses seeing timing of revenue from some projects shift into next FY
Q3 FY25 Quarterly Trading Update
SciDev delivers solid Q3 and progresses with strategic priorities against volatile market conditions.Financial performance
Disciplined financial & capital management yields stable results.
• Revenue of $26.3m, up 10% Q2 FY25 ($23.8m).
• Gross profit margin of 29%.
• EBITDA of $2.1m, up 200% on Q2 FY25 ($0.7m).
Strategic delivery
Continued execution against strategy to support ongoing organic growth.
• Successfully increased market share in the US O&G market, growing our presence with target E&P operators in the Permian Basin & reducing overall customer concentration.
• Continued advancement of multiple key mining opportunities and secured a long-term trial with a global gold producer in Australia.
• Secured first PFAS contract US to treat investigation derived waste containing PFAS ‘forever chemicals’ at US Department of Defence installations.
• Domestic Water business active across multiple projects, including the construction of a $5.6m water treatment facility on a major NSW infrastructure project.
• Board changes support strategic growth.
Outlook
Growing market demand for SciDev technologies with timing impacts in Water and Mining.
• Healthy BD pipeline across all business units.
• Demand for proprietary chemistry remains strong, underpinning improved margins.
• Client driven delays in the Water & Mining businesses seeing timing of revenue from some projects shift into next FY
