Daily Roundup

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

Technology distributor Dicker Data has delivered impressive results for the financial year, with gross revenue climbing to $3.876 billion—a jump of 14.9% compared to the prior year. Net operating profit before tax reached $124.7 million, up 10.1%, demonstrating solid profitability alongside the top-line expansion.

The company's growth has been fueled by strength in software and end-point solutions, while its AI initiatives and strategic partnerships have also contributed meaningfully to the performance. Looking ahead, management is confident the momentum will continue, with FY26 gross revenue expected to exceed $4 billion. The company anticipates particularly strong contributions from software, data centre refresh cycles, and end-point solutions, with AI-related revenues expected to accelerate in the second half.

Shareholders will also benefit from a revised dividend policy, which now targets 80%-100% of net profit after tax. An interim dividend for FY26 has already been declared at 11.5 cents per share.

Knosys secures $3.8m ANZ contract extension with upfront payment

In a significant win for knowledge management software provider Knosys, ANZ Bank has extended its contract for the company's KnowledgeIQ platform for an additional two years, with an optional third year. The deal is valued at $3.8 million over the initial two-year period, and importantly, Knosys has received full payment upfront—a substantial boost to cash flow.

KnowledgeIQ serves as a centralized System of Record for ANZ, ensuring data accuracy and consistency across the organization. The extension reflects the strength of the long-standing relationship between the two companies and will support ANZ's strategic push to integrate a new AI assistant into its knowledge management portal. For Knosys, the contract underscores the growing demand for intelligent data management solutions in the financial services sector.

Cryosite hits record EBITDA as life sciences demand accelerates

Biotech storage specialist Cryosite has reported exceptional trading performance for the ten months to 30 April 2026. Revenue surged 22% while EBITDA jumped 28 compared to the same period last year, with April marking a record EBITDA month for the company.

The stellar results reflect increasing utilization of Cryosite's infrastructure and growing demand across its Ultra-Frozen and Cryogenic storage segments, bolstered by expanding global clinical trial activity. The company has also made solid progress on its expansion initiatives, completing the upgrade of its primary cool room facility at Ferndell Street ahead of schedule and under budget. Meanwhile, the commissioning program for its Adderley Street warehouse expansion remains on track.

Cryosite has also refinanced its debt facility with the National Australia Bank on competitive terms, extending the maturity to 2030—a vote of confidence from the lender in the company's financial health and growth trajectory.

Cauldron Energy identifies substantial uranium exploration target

Uranium explorer Cauldron Energy has defined 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 Paladin's existing deposit and Cauldron's own Manyingee North deposit.

Notably, the Manyingee North Deposit remains open and is expected to extend further northwards, suggesting additional upside potential. Cauldron is currently updating its Project Wide Exploration Target to reflect new technical information and discoveries, with the updated figure expected to be published by 30 June 2026.

Straker resumes trading following fraud investigation update

Translation services provider 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 has been cooperating with US law enforcement authorities as it works to understand the circumstances surrounding the fraud.

Despite the investigation, Straker has emphasized that business operations continue uninterrupted and there is no impact on service delivery to customers. The company remains committed to resolving the matter while maintaining operational continuity, and will provide further updates as material developments occur.