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A Winning Combination: Dicker Data's Solid FY25 and Promising Outlook

Dicker Data reported a solid performance in FY24, with gross revenue growing 2.9% to $3.37 billion and recurring software sales increasing 7.5% to $895.2 million. While profit before tax declined 2.8% year-over-year, the company remains well-positioned for the future.

Looking ahead to FY25, Dicker Data highlighted several growth opportunities, including the materialization of the Windows 10 refresh, increased demand for AI-enabled PCs, and growing cybersecurity revenues. The company expects revenue growth to moderate as the year progresses, but profitability is expected to strengthen as the business rebalances towards the SMB and mid-market segments.

Mineral Resources Expands Onslow Iron Footprint

Mineral Resources Limited has announced a significant increase in the Mineral Resources and Ore Reserves for its Onslow Iron Project in Western Australia. The Mineral Resources have increased by 89% to 744 million tonnes at 56.3% Fe, while the Ore Reserves have grown by 73% to 359 million tonnes at 57.5% Fe. This update reaffirms the project's potential as a long-life, low-cost operation that will underpin the next phase of growth for Mineral Resources' Iron Ore and Mining Services divisions.

Aerometrex Hits $10M MetroMap ACV Milestone

Aerometrex Ltd's flagship MetroMap subscription platform has surpassed $10 million in Annual Contract Value (ACV), reflecting a compound annual growth rate of approximately 22%. This milestone validates the strategic investments made in the platform and the increasing value it delivers to customers across industries, from small and medium enterprises to large enterprises.

Smart Parking Accelerates Global Expansion

Smart Parking Ltd has reported rapid growth in revenues and margins over the last 5 years, driven by organic expansion and strategic acquisitions. The company is now expanding into new markets, including the USA, Scandinavia, and mainland Europe, leveraging its proprietary technology and expertise. The recent acquisition of Peak Parking provides access to the largest parking operations market in the world, with the transaction expected to be over 25% EPS accretive in FY25.

Catapult Celebrates Record-Breaking FY25

Catapult Group International Ltd capped off a milestone year in FY25, with its Annualized Contract Value (ACV) crossing the US$100 million mark, driven by 19% year-over-year growth. The company's SaaS revenue now accounts for 94% of total revenue, growing 20% year-over-year. Catapult also delivered exceptional profitability, with an incremental profit margin of 65% - well above its 30% target. The company remains focused on profitable growth, targeting a 'Rule of 40' metric of 25% as it scales its business.