IMDEX hits record first half with $247M revenue

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Tech
IMDEX hits record first half with $247M revenue
IMDEX hits record first half with $247M revenue
Liezl Gambe
Written by Liezl Gambe
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IMDEX (ASX:IMD) reported its strongest first-half performance on record for the period ended Dec. 31, 2025, driven by market share gains and increased technology adoption.

The company achieved revenue of $247 million, representing a 16% increase over the prior corresponding period.

The financial results highlight strong operational leverage, with normalised EBITDA rising 22% to $78 million and margins expanding to 32%.

Normalised NPATA reached $34 million, supported by what the company described as disciplined capital allocation and robust operational execution.

Additionally, IMDEX reported a normalised operating cash flow of $67 million, maintaining a high cash conversion rate of 86%.

Strategic growth during the half-year was attributed to three primary levers: driving demand for integrated solutions, extending the "Digital Earth Knowledge" offering, and expanding into adjacent earth science markets.

The initiatives have increased customer adoption and market share across all operating regions.

Following the record results, the company declared an interim dividend of 1.7 cents per share.

The payout is consistent with IMDEX's established policy of distributing 30% of normalised NPAT.

At the time of reporting, IMDEX's share price was $4.10.

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