Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Imdex Ltd ( (AU:IMD) ) just unveiled an announcement.
Imdex reported its strongest ever first-half financial performance for FY26, driven by record revenue of $247 million and broad-based demand for its products across all regions. The company’s growth has been underpinned by market share gains, increased exploration activity on established projects and expanding application of its subsurface data technologies beyond mining.
Normalised EBITDA rose 22% to $78 million with margins improving to 32%, highlighting operating leverage and disciplined cost control despite industry-wide cost inflation and geopolitical uncertainty. Strong cash generation, an 86% normalised cash conversion rate and modest net debt of $27 million after acquisitions have left Imdex with significant balance sheet capacity, enabling further technology-focused deals and supporting a record fully franked interim dividend of 1.69 cents per share.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
More about Imdex Ltd
Imdex Ltd is a technology-driven provider to the mining and broader earth sciences sectors, focusing on tools and software that capture and enrich subsurface data to improve exploration and production decision-making. Its solutions, including visualisation platforms like MinePortal, help customers find, define and optimise subsurface environments more efficiently and sustainably across global markets.
YTD Price Performance: 13.95%
Average Trading Volume: 965,846
Technical Sentiment Signal: Buy
Current Market Cap: A$1.98B
Learn more about IMD stock on TipRanks’ Stock Analysis page.