Australia · Delayed Price · Currency is AUD SciDev Earnings Call Transcripts
Fiscal Year 2026
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A strategic review led to a disciplined focus on core markets, improved capital allocation, and cost reductions. The business targets high-growth opportunities in mining, utilities, and data centers, with recurring revenue and profitability as key priorities. FY 2026 guidance is unchanged, and execution will emphasize cross-selling, innovation, and better market communication.
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First half FY 2026 results were below expectations due to energy and international water headwinds, but cost reductions, recurring revenue growth, and a strong pipeline support a positive outlook for the second half and FY 2027. Revenue guidance was revised to AUD 100–110 million.
Fiscal Year 2025
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FY 2025 saw stable results with a 5% revenue decline and improved gross margin, driven by a shift to higher-margin products and strategic investments. Key contract wins and international expansion set the stage for growth in FY 2026, with a focus on pipeline conversion and profitability.
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Revenue for the half was $49.9 million, flat year-over-year due to U.S. oil field seasonality, but gross margin improved to 29% and EBITDA reached $3.4 million. Strong growth is expected in the second half, driven by PFAS remediation and new European contracts.