DTL FY25 Results Media Announcement
| Stock | Data#3 Ltd (DTL.ASX) |
|---|---|
| Release Time | 25 Aug 2025, 8:32 a.m. |
| Price Sensitive | Yes |
Data#3 reports another record result
- Gross Sales up 9.0% to $3.0 billion
- NPBT up 11.4% to $69.1 million
- Recurring revenue up from 67% to 69%
Data#3 Limited (ASX: DTL) has announced its results for the financial year ended 30 June 2025 (FY25), reporting another year of record sales, exceeding $3 billion for the first time and outperforming the forecast growth rate for the Australian technology market. The company's Net Profit Before Tax (NPBT) of $69.1 million is up 11.4% this financial year, driven by growth in gross profit of over 7% and improved operational efficiency achieved through automation and a restructure of the Infrastructure Solutions business. Recurring revenue was up from 67% to 69%, reflecting the company's ongoing focus on driving growth in annuity-based revenue streams including multi-year software licensing and maintenance support, As a Service offerings and managed services. Software Solutions gross sales increased by almost 11% and Services by almost 7%, with Infrastructure Solutions recovering from a challenging first half to deliver gross sales growth of over 4% for the financial year. Throughout FY25, Data#3 navigated ongoing global economic uncertainty, federal and state government elections and vendor program changes, with the company's business model holding strong as it continued to harness the power of people and technology to deliver success for its customers.
While the company expects Software Solutions growth to be under pressure in the short term as it manages through the Microsoft channel incentive transitions, it should see continued growth in its Infrastructure Solutions and Services businesses. There is opportunity across end user compute, the network and server and storage, and the company's managed service offerings continue to mature, providing the opportunity for more recurring revenue.
The company's strategic priorities for FY26 include further investments in lifecycle services, to maximise value throughout the solution lifecycle, from consulting and advisory to procurement, deployment, adoption and operation of its customers' environment. All of the company's offerings, across all lines of business, will benefit from the evolution and growth of AI.