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Dicker Data Limited (ASX:DDR)

ALERT: Price-sensitive ASX Announcement for DDR
Current share price for DDR : $14.820 5.97 (67.46%)+
Announcement
Release
28 Aug 2025 9:27AM
Price at Release
$8.850
Full Release
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Summary
Dicker Data Limited, an Australian technology distributor, reported strong financial results for the first half of FY25, with gross revenue increasing by 15.7% to $1,840.5 million. This growth was largely attributed to a significant PC refresh cycle and AI-related transactions. The company's EBITDA and net profit before tax also saw substantial increases. Dicker Data declared a dividend of 11 cents per share for the June quarter. Looking ahead, the company forecasts a 10%-13% increase in gross revenue for the full fiscal year, anticipating between $3.7 and $3.8 billion. The company remains a leader in AI distribution in Australia and New Zealand, having secured its position as the distributor for Australia's first sovereign AI factory. It also expanded its vendor partnerships to include notable companies like CrowdStrike. Despite a competitive market and economic challenges, Dicker Data continues to demonstrate resilience and strategic growth.
Key Points
  • Dicker Data reported H1 FY25 gross revenue of $1,840.5 million, marking a 15.7% increase compared to the previous year.
  • The growth was driven by an accelerated PC refresh due to Windows 10 end of support and significant AI-related transactions.
  • The company's EBITDA rose by 9.4% to $75.4 million, and net profit before tax increased by 11.4% to $56.6 million.
  • A dividend of 11 cents per share was declared for the June quarter, bringing the total H1 FY25 dividends to 22 cents per share.
  • Dicker Data expects FY25 gross revenue between $3.7 and $3.8 billion, predicting a growth rate of 10%-13% over FY24.
  • The company maintained its leading position in distributing Microsoft Copilot in Australia and New Zealand.
  • Dicker Data was chosen to supply technology for Australia's first sovereign AI factory.
  • New vendor partnerships, including CrowdStrike, BMC, and Vast Data, were added to diversify its portfolio.
  • The Australian business saw an 18.0% increase in gross revenue to $1,548.9 million, with New Zealand operations also performing well.
  • Dicker Data has planned an investor webinar to discuss H1 FY25 results and FY25 guidance.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.