InvestSMART

Imdex Limited (ASX:IMD)

ALERT: Price-sensitive ASX Announcement for IMD
Current share price for IMD : $3.715 -0.185 (-4.74%)+
Announcement
Release
23 Feb 2026 8:17AM
Price at Release
$3.900
Full Release
download
Summary
IMDEX Limited reported strong financial results for the first half of fiscal year 2026, with record revenue of $247 million, reflecting a 16% increase from the previous period. The company's EBITDA normalized grew by 22% to $78 million, demonstrating effective operational cost management. Notably, the firm experienced growth across all products and regions, with significant revenue contributions from its IMDEX Mining Technologies, which increased by 47%. The company also saw a rise in the adoption of its next-generation tools, expanding from 4% to 11% of its fleet. Their recent acquisitions, such as Earth Science Analytics, are integrating well, contributing to the company's enhanced digital and technical capabilities. Furthermore, IMDEX maintained a strong balance sheet with low leverage, supporting continued investment and shareholder returns.
Key Points
  • Revenue increased by 16% to $247 million.
  • EBITDA normalized grew by 22% to $78 million.
  • IMDEX Mining Technologies revenue up by 47%.
  • Next-generation tools expanded to 11% of fleet.
  • Acquisitions like Earth Science Analytics integrating well.
  • Strong balance sheet with low leverage.
  • Continued investment in R&D and digital innovations.
  • Strong cash flow generation and shareholder returns supported.
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.