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The latest update is out from SciDev Ltd ( (AU:SDV) ).
SciDev Ltd reported FY25 revenue of $103.4 million, a slight decrease from the previous year, attributed to a strategic shift away from commodity chemistry sales and delays in domestic water contracts. Despite this, the company achieved a 28% gross margin and positive cash flow, with significant growth in its CatChek™ product sales and PFAS remediation contracts in the US and Europe. SciDev’s strategic investments and market expansion efforts are expected to drive revenue growth in FY26, with an anticipated range of $120–140 million.
The most recent analyst rating on (AU:SDV) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on SciDev Ltd stock, see the AU:SDV Stock Forecast page.
More about SciDev Ltd
SciDev Ltd operates in the water technology industry, providing innovative solutions for water treatment and management. The company focuses on products such as CatChek™ and MaxiFlox®, serving markets including US Oil & Gas, Australian infrastructure, and international mining.
Average Trading Volume: 287,503
Technical Sentiment Signal: Sell
Current Market Cap: A$67.48M
See more insights into SDV stock on TipRanks’ Stock Analysis page.