Imdex Ltd (AU:IMD) has released an update.
IMDEX Ltd, a global leader in mining-tech, has reported a record-breaking revenue of $445 million for FY24, an 8% increase despite a 24% decline in exploration drilling activity. This financial triumph highlights the company’s robust business model and the strategic contribution of Devico’s technologies, which grew by 14% on prior comparable period. IMDEX’s innovative solutions continue to provide valuable orebody insights, enabling the mining industry to make more informed decisions rapidly.
For further insights into AU:IMD stock, check out TipRanks’ Stock Analysis page.
