The Imdex Ltd (ASX: IMD) share price will be in focus after the company delivered a 21% jump in revenue to $520.1 million and a 44% lift in net profit to $79.4 million for FY26.
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What did Imdex report?
- Revenue up 21% to $520.1 million (FY25: $431.4 million)
- Net profit after tax up 44% to $79.4 million (FY25: $55.2 million)
- Basic earnings per share up to 15.52 cents (FY25: 10.78 cents)
- Total dividends for the year: 4.47 cents fully franked
- Net tangible assets per share: 6.93 cents (FY25: 45.52 cents)
What else do investors need to know?
Over the year, Imdex strengthened its business through a series of strategic acquisitions, including Datarock Holdings, Krux Analytics, Mount Sopris Instruments, and others. These moves are set to expand its global footprint and data analytics capability. The company noted that its accounts have been audited with no qualifications, adding further confidence for investors.
Control was gained over several entities during FY26, further diversifying Imdex's offering and technical reach. There were no significant divestments.
What's next for Imdex?
Imdex will continue to focus on integrating recently acquired businesses and leveraging their technologies to support growth. Management sees opportunities to use enhanced data and analytics expertise to deliver better solutions for clients in the resources sector.
Looking ahead, the company's strategy centres on broadening its global presence and continuing to innovate in drilling optimisation and intelligent data services.
Imdex share price snapshot
Over the past 12 months, Index shares have risen 13%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.
