FY25 Half Year Financial Report & Appendix 4D
| Stock | Infomedia Ltd (IFM.ASX) |
|---|---|
| Release Time | 18 Feb 2025, 8:20 a.m. |
| Price Sensitive | Yes |
FY25 Half Year Financial Report & Appendix 4D
- Revenue up 2% to $71.2 million
- Net Profit After Tax Adjusted up 11% to $10.5 million
- Recurring revenue up 3% to $70.7 million
- Underlying free cash flow up 62% to $17.2 million
Infomedia Ltd, a leading global provider of automotive DaaS and SaaS solutions, has reported its financial results for the first half of the 2025 financial year (FY25). The company's revenue increased by 2% to $71.2 million, while Net Profit After Tax Adjusted (NPATA) grew by 11% to $10.5 million. Recurring revenue, which accounts for the majority of Infomedia's revenue, increased by 3% to $70.7 million. The company's Exit Annual Recurring Revenue (ARR), a measure of growth on a constant currency basis, was $141.4 million, a 1% increase on the prior corresponding period. Annual Recurring Costs (ARC) also increased by 1% to $102.6 million. Underlying free cash flow, a non-IFRS measure, increased by 62% to $17.2 million, reflecting the company's strong cash generation. Infomedia continues to invest in initiatives to enable the business to transition to the Scale phase, including strengthening its leadership teams in the EMEA and Americas regions, bolstering R&D capacity, and finalizing the joint data landing between SimplePart and Microcat. The company's main priorities for the coming period are the strengthening of the regional sales team in EMEA and Americas, the rebuild of Infordrive CX tech stack, and the integration of Intellegam, a German-based business with a solution for automotive B2B, leveraging generative AI capability to enhance repair data interpretation.
Infomedia expects to deliver total revenue in the range of $142 million to $149 million with stable margins for the 2025 financial year.
Infomedia's three main priorities over the coming period are the strengthening of the regional sales team in EMEA and Americas, the rebuild of Infordrive CX tech stack, and the integration of Intellegam. The company is focused on enabling the business to transition to the Scale phase and delivering growth across its diversified product suite.