Group revenue rose 3% year-over-year to A$431 million, while reported EBITDA surged 15% to A$130 million
PERTH: Mining technology firm IMDEX Ltd. reported resilient earnings and a record fourth-quarter revenue performance for the fiscal year ended June 30, 2025, underscoring its strategic pivot toward digital growth and high-margin technologies.
Group revenue rose 3% year-over-year to A$431 million, while reported EBITDA surged 15% to A$130 million. Net profit after tax climbed 70% to A$55 million, driven by strong contributions from its Drill Site Technologies unit and expanding digital platforms.
The company’s fourth-quarter revenue hit A$119 million, up 19% from the previous quarter, marking an all-time high. IMDEX also reported a 95% cash conversion rate and reduced net debt by 63% to A$13 million.
“Our Drill Site Technologies business continues to deliver margin strength and cash flow, enabling us to invest in our Digital Earth Knowledge strategy,” said CEO Paul House. “Despite persistent market pressures, we’re seeing rising demand for near-mine and brownfields drilling, and accelerating adoption of our connected sensors and SaaS offerings.”
Sensors and software-as-a-service (SaaS) accounted for 66% of FY25 revenue, up from 64% in FY24. IMDEX also expanded its Integrated Field Services to seven new countries and saw significant growth in its proprietary technologies, including OMNIx™BOLT and HUB-IQ™ connected sensors.
Digital Earth Knowledge gained momentum with the pending acquisition of Earth Science Analytics and strong performance from Datarock and ioGAS™. The company expects recurring digital revenue streams and global customer expansion to drive future growth.
The board declared a final fully franked dividend of 1.0 cents per share, payable October 9, 2025.
IMDEX will present its FY25 results via webcast on August 25 at 9:00 a.m. AWST.