SciDev Ltd Soars with Record Revenue Growth
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SciDev Ltd Soars with Record Revenue Growth

SciDev Ltd (AU:SDV) has released an update.

SciDev Ltd reports a record-breaking revenue quarter with a 56% increase to $29.9 million, underpinned by growth in both Water Technologies and Chemical Services. The company’s progressive financial status is highlighted by a strong cash flow and an underlying EBITDA jump of 118% year-over-year. This performance is attributed to high demand for their proprietary technology and successful contract acquisitions, positioning SciDev for continued growth in the burgeoning PFAS remediation market and other sectors.

For further insights into AU:SDV stock, check out TipRanks’ Stock Analysis page.

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