Australia · Delayed Price · Currency is AUD SciDev Earnings Call Transcripts
Fiscal Year 2026
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A disciplined strategic review led to a refocus on core markets, improved capital allocation, and cost reductions. The business targets growth in mining, utilities, and data centers, with an integrated water solutions platform and increased recurring revenue. FY 2026 guidance is maintained, and execution priorities are set for FY 2027.
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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.