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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.
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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