Australia · Delayed Price · Currency is AUD Imdex Earnings Call Transcripts
Fiscal Year 2026
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Record first half results driven by double-digit revenue and EBITDA growth, strong cash generation, and expanding market share across all regions. Outlook remains positive with anticipated double-digit exploration budget increases and continued investment in technology and acquisitions.
Fiscal Year 2025
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FY 2025 saw resilient performance with $431M revenue, strong Q4 growth, and robust EBITDA margins above 29%. Market share gains, digital expansion, and disciplined capital management position the business for continued growth, with optimism for FY 2026 as demand for new technologies rises.
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Revenue declined 10% year-over-year to AUD 212 million but grew 1% sequentially, with strong EBITDA margin of 30.2% and robust cash flow. Market share gains, SaaS growth, and cost discipline offset industry contraction, while outlook for FY26 is positive as key market indicators improve.
Fiscal Year 2024
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Sustainability strategy centers on innovation, ESG integration, and global expansion, with FY 2024 goals largely met across people, environment, and governance. New technologies and community initiatives drive operational efficiency, safety, and reduced environmental impact.
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Record FY 2024 revenue and stable margins were achieved despite a 24% drop in drilling activity, driven by Devico integration, digital expansion, and disciplined cost management. Outlook for FY 2025 is steady, with strong long-term growth fundamentals and new product momentum.