• Net profit after tax decreased by 15.2% to $3.25 million
• Gross product margin improved to 65.6%, up 210 bps
• Aesthetics and Whitening products remain the focus for new product development

SDI Ltd reported a net profit after tax of $3.25 million for the half-year ended 31 December 2025, a decrease of 15.2% compared to the previous corresponding period. Total sales increased by 2.7% to $52.9 million, with good growth in the Australian Direct Export markets driven by the Middle Eastern market, but this was offset by the continual decline in Amalgam product sales. Product margins improved to 65.6%, up 210 bps on the previous corresponding period, reflecting operational efficiencies, geographical and product mix, and favorable currency movements. Operating expenses increased by 9.0%, including a $0.7 million doubtful debt provision. EBITDA decreased by 9.3% to $7.8 million. The company remains focused on its strategic priorities, including the development of Aesthetics and Whitening products, achieving manufacturing and logistic efficiencies, and investment in production automation and research and development.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics.

The company remains focused on its strategic priorities, including the development of Aesthetics and Whitening products, achieving manufacturing and logistic efficiencies, and investment in production automation and research and development.