De.Mem Ltd Half-Yearly Financial Report
Key points
- Revenue up 26% to $17.6m
- Gross profit margin at 41%
- Positive adjusted EBITDA of $1.6m
- Net loss after tax of $16,000
Full summary
De.Mem Ltd has released its half-yearly report for the period ending June 30, 2026. The company reported a 26% increase in revenues to $17.6 million, driven by growth in its recurring revenue segments. Gross profit margins remained strong at 41%, despite a slight moderation from the previous year. The company achieved positive adjusted EBITDA of $1.6 million and reported a net loss of $16,000 after tax. The company's focus on high-margin recurring revenue segments, including services and specialty chemicals, contributed to the overall revenue growth. The integration of the Core Chemicals acquisition has also positively impacted revenues and margins. De.Mem Ltd continues to operate with a strategic focus on its recurring revenue segments, which comprise the majority of its total revenues. The company's efforts in membrane technology and R&D have led to new commercial launches and orders, particularly in the domestic water treatment market. The company has also made progress in obtaining Australian Watermark certification for its membrane products.
Guidance
Positive adjusted EBITDA of $1.6m for H1 2026
Outlook
De.Mem Ltd intends to continue focusing on its recurring revenue segments and integrating recent acquisitions to drive further growth. The company plans to launch its membrane products in the Australian market following the completion of Australian Watermark certification.
Summary generated by a large language model. Please interpret with care.