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SciDevL (SDV) investor relations material

SciDevL H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary27 Aug, 2025

Executive summary

  • FY 2025 revenue was $103M with underlying EBITDA of $7.1M and operating cash flow of $2.9M, reflecting a year of strategic investment, international expansion, and board strengthening.

  • The business operates two segments: chemical services and water technologies, focusing on innovative water solutions and proprietary technology sales.

  • Strategic focus areas include market share growth, margin expansion, operating leverage, and tech-driven innovation.

  • Major investments were made in expanding sales teams, international presence, and business development to support future growth.

Financial highlights

  • Revenue for FY 2025 was $103M, down from $109M in FY24, with underlying EBITDA at $7.1M and statutory EBITDA at $6.2M after $900K in acquisition-related costs.

  • Gross margin improved by 2% to 28%, reflecting a shift to higher-margin proprietary products.

  • Operating cash flow was $2.9M, with 90% EBITDA cash conversion and cash and equivalents at $9.7M.

  • Net loss after tax was $900K, with tax expense rising to $2.3M, mainly due to higher US taxable income.

  • Net drawdown on Westpac facility was $3.5M at June 30.

Outlook and guidance

  • Positioned for meaningful growth in FY 2026 and beyond, leveraging strategic investments and a robust sales pipeline.

  • Focus on pipeline conversion, profitability, and international expansion, especially in US shale and PFAS markets.

  • Water Technologies expected to return to EBITDA profit as delayed contracts commence; Europe targeted for EBITDA breakeven.

  • CapEx expected to remain stable or slightly lower; OpEx will continue to support growth initiatives.

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Frequently asked questions

SciDev Limited is a chemical engineering company that provides solutions for water treatment, mineral processing, and industrial wastewater management. The company formulates and supplies specialty chemicals, including coagulants and flocculants, used to improve solid-liquid separation processes. Its services cater to industries such as mining, oil and gas, construction, and water utilities. SciDev Limited also offers technical consulting and on-site support to optimize treatment performance and environmental compliance. The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.

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