SDV - SciDev Limited

[Dona Ferentes]

$0.39

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

 

[Dona Ferentes]

$0.30

.... and now in a trading halt

SciDev secures $21.5M in high-value contracts and renewals across Oil & Gas, Mining and PFAS Remediation.​

Highlights
- Execution of a Master Services Agreement and first commercial order received from a blue-chip E&P company in the Permian Basin for the supply of Friction Reducer and CatChekTM.
- The account is expected to generate up to $10 million in FY26.
- $2.5 million contract with Generator Property Management using FluorofIXTM to treat legacy PFAS contamination at the former Munmorah Power Station in New South Wales.
- $6 million, three-year contract renewal with leading Australian resources company for continued supply of MaxiFlox® to a Queensland coal mine.
- A supply contract executed to support a major Victorian infrastructure project with the supply of MaxiFlox®, with an expected value of $2m to be recognised in FY26.
- Secured a three-year MaxiFlox® supply contract with a major NSW water utility, expected to deliver $1m per annum in revenue.

Outlook
Strong outlook across US energy, international PFAS, and domestic mining sectors with furthe conversion of opportunities expected in early FY26.

The above contract wins add further robustness to SciDev’s existing orderbook of secured contracts and recurring revenues.

Subject to future contract wins, Management expect to deliver FY26 revenue in the range of $120 - $140 million.

 

[greggles]

Last minute punt in the July competition. Bounced off over 12 month lows in June and the share price was rising nicely in the last few days of the financial year.

I am hoping SDV continues its bullish run in July.

 

[Dona Ferentes]

Last minute punt in the July competition. Bounced off over 12 month lows in June and the share price was rising nicely in the last few days of the financial year.

I am hoping SDV continues its bullish run in July.

& you missed 20 percent as it jumped from 30c to 36c on the 30th !!

SciDev secures $21.5M1 in high-value contracts and renewals across Oil & Gas, Mining and PFAS Remediation Addendum

SciDev Ltd refers to its announcement this morning under the header as above and hereby confirms:
1. The Company does not consider the name of the counterparties referred to in the announcement to be information that a reasonable person would expect to have a material effect on the price or value of the Company’s securities, and
2. The announcement contains all material information relevant to assessing the impact ofthe contracts on the price of the Company’s securities and is not misleading by omission

 

[greggles]

Yes, I missed that but am hoping that it gets another 30%-40% in July. I'm probably over optimistic but we'll see.