• Total sales of $110.4 million, down 0.7% on prior year
• Product margin improved to 62.9%, up 80 bps
• Earnings per share increased by 16.6% to 10.23 cents

SDI Limited (ASX: SDI) reported a 16.7% increase in net profit after tax to $12.2 million for the twelve months ending 30 June 2025, compared to $10.4 million for the previous corresponding period. After adjusting for a $1.7 million tax benefit relating to a capital loss from the Brazilian operations, the company's normalised operating profit after tax increased by 0.1% to $10.5 million. Total sales decreased by 0.7% to $110.4 million, with good growth in the European and Brazilian markets offset by declines in Middle Eastern, Asian, and Amalgam product sales. Product margins improved by 80 basis points to 62.9%, reflecting operational efficiencies and geographical and product mix. Operating expenses increased by 3.5% to $53.9 million, while EBITDA decreased by 2.7% to $21.3 million. Earnings per share increased by 16.6% to 10.23 cents, with normalised EPS up 0.1% to 8.83 cents. The company maintained its final fully franked ordinary dividend at 1.9 cents per share. SDI remains focused on its strategic priorities, including the development of Aesthetic and Whitening products, achieving manufacturing and logistic efficiencies, and investing in production automation and research and development.

The company expects product margins to continue to improve as the new production machinery becomes fully operational.

SDI is focused on the development of Aesthetic and Whitening products, achieving manufacturing and logistic efficiencies, and investing in production automation and research and development. The company plans to launch one to two new products every year and continue to focus on meeting European regulatory requirements.