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Dicker Data Limited Reports Revenue Growth Amidst Profit Decline

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Dicker Data Limited Reports Revenue Growth Amidst Profit Decline

Dicker Data Limited ( (AU:DDR) ) just unveiled an announcement.

Dicker Data Limited reported a slight increase in statutory revenue for the year ending December 2024, with a 0.7% rise to $2.283 billion. Despite the revenue increase, the company’s net profit after tax saw a decline of 4.2% to $78.694 million, indicating challenges in maintaining profitability amidst growing sales.

More about Dicker Data Limited

Dicker Data Limited is a value-added distributor specializing in IT hardware, software, cloud services, access control, surveillance, and emerging technology solutions, catering primarily to the corporate and commercial market.

YTD Price Performance: 2.23%

Average Trading Volume: 416

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €933.8M

Learn more about DDR stock on TipRanks’ Stock Analysis page.

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