Imdex (IMD) H2 2026 earnings summary

Executive summary

• Achieved the strongest financial year in company history, with record revenue, earnings, and margin expansion driven by organic growth and five targeted acquisitions.

• Integrated physical and digital solutions, technology leadership, and increased customer adoption of next-gen technologies deepened engagement and recurring revenue streams.

• Strategic acquisitions and R&D investment supported growth, innovation, and technology leadership across the data value chain.

• Sustainability initiatives advanced, including climate risk assessment, improved emissions data, and solar-powered facilities.

Financial highlights

• Revenue rose 21% year-over-year to AUD 520 million (23% in constant currency), with over half of growth from market share gains and 17% organic growth.

• Normalized EBITDA increased 29% to AUD 163 million, margin expanded to just over 31%.

• Normalized NPAT reached AUD 59 million (up 37%), reported NPAT was AUD 79 million (up 44%).

• Cash conversion was strong at 83%, with operating cash flow at AUD 126 million (AUD 135 million normalized).

• Full-year fully franked dividend of AUD 0.034 per share, with a final dividend of AUD 0.0175 per share, representing a 30% payout of normalized NPAT.

Outlook and guidance

• FY27 outlook is positive, supported by strong commodity prices, rising exploration budgets, and increased capital raisings.

• FY27 expected to benefit from a full-year contribution of recent acquisitions and continued organic growth, with Americas, especially South America, anticipated to lead regional growth.

• Strategic priorities include platform investment, market growth, acquisition integration, and R&D for next-generation technologies.

• FY27 will be a year of investment, with margin accretion expected in future years; normalized effective tax rate expected to remain at 32%.

• FY27 guidance: Depreciation and amortisation expected at AUD 76–81 million; finance costs at AUD 20–24 million.