Daily Roundup

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Dicker Data posts strong FY25 growth as AI and software drive momentum

Tech distributor Dicker Data has delivered impressive results for the financial year, with gross revenue climbing to $3.876 billion—a solid 14.9% jump from the previous year. Net operating profit before tax also climbed, reaching $124.7 million, up 10.1% year-over-year. The growth has been fueled by strength in software and end-point solutions, while the company's AI initiatives and strategic partnerships have added further momentum to the mix.

Looking ahead, management expects gross revenue to exceed $4 billion in FY26, with AI-related revenues anticipated to accelerate in the second half. The company has also tightened its dividend policy, now targeting 80%-100% of net profit after tax, with the first interim dividend for FY26 declared at 11.5 cents per share.

Knosys inks $3.8m extension with ANZ

Software company Knosys has secured a significant vote of confidence from ANZ Bank, which has extended its contract for the KnowledgeIQ knowledge management solution for two additional years, with an optional third year. The deal is valued at $3.8 million for the initial two years, and Knosys has already received full payment upfront—a welcome boost to cash reserves.

The extension will support ANZ's strategic push to integrate a new AI assistant into its knowledge management portal, helping to streamline employee workflows and enhance customer service. The long-standing partnership underscores the value Knosys continues to deliver to one of Australia's largest financial institutions.

Cryosite hits record EBITDA as life sciences demand surges

Biotech services provider Cryosite has reported exceptional performance for the ten months to 30 April 2026, with revenue jumping 22% and EBITDA climbing 28% compared to the same period last year. The company even notched a record EBITDA month in April, reflecting growing operational leverage and momentum across all revenue streams.

The strong showing has been driven by increased infrastructure utilization and rising demand for ultra-frozen and cryogenic storage services, alongside expanding global clinical trial activity. Cryosite has also made solid progress on its expansion projects, completing its primary cool room facility ahead of schedule and under budget. The company recently refinanced its debt facility with the National Australia Bank on competitive terms, with the facility now extended to 2030—a clear sign of NAB's confidence in Cryosite's financial health and growth trajectory.

Cauldron Energy outlines uranium exploration potential

Uranium explorer Cauldron Energy has announced an initial Exploration Target of 9.4 million to 42.7 million pounds of uranium oxide across four recently acquired tenements surrounding Paladin's Manyingee Uranium Deposit. The newly acquired ground, purchased from Wyloo, sits in a highly prospective location between the existing Manyingee Deposit and Cauldron's own Manyingee North deposit, which management believes has room for several kilometres of further extension.

Cauldron is currently updating its broader Project Wide Exploration Target, which was last published in January 2024, to incorporate fresh technical information and recent discoveries. The company expects to release this comprehensive update by 30 June 2026.

Straker resumes trading after US subsidiary investigation update

Translation services company Straker has resumed trading on the ASX following an update on its ongoing investigation into transaction anomalies at its US subsidiary, Straker Translations Inc. The company is cooperating with US law enforcement authorities as it works to understand the circumstances surrounding the fraud.

Despite the investigation, Straker has assured stakeholders that business operations remain unaffected and service delivery to customers continues without interruption. The company has committed to providing further updates as material developments occur and in line with its disclosure obligations.