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Imdex Limited Reports Strong Profit Growth Despite Revenue Decline

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Imdex Limited Reports Strong Profit Growth Despite Revenue Decline

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Imdex Ltd ( (AU:IMD) ) has provided an announcement.

Imdex Limited reported a 3.1% decrease in revenue for the financial year ending June 30, 2025, totaling $431.4 million. Despite the drop in revenue, the company achieved a significant 70.3% increase in net profit attributable to members, reaching $55.2 million. This improvement in profitability is reflected in the increased earnings per share and net tangible assets per security. The company also announced a total dividend distribution of 3.83 cents per security for the year, indicating a commitment to returning value to shareholders.

The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.15 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 Limited operates in the mining services industry, providing drilling optimization products and technologies. The company focuses on enhancing the efficiency and productivity of drilling operations, catering primarily to the resources sector.

YTD Price Performance: 46.01%

Average Trading Volume: 1,086,462

Technical Sentiment Signal: Buy

Current Market Cap: A$1.72B

For a thorough assessment of IMD stock, go to TipRanks’ Stock Analysis page.

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