The latest update is out from SciDev Ltd ( (AU:SDV) ).
SciDev Limited reported a solid Q3 FY25 performance, with a 10% increase in revenue to $26.3 million and a 200% rise in EBITDA to $2.1 million, despite volatile market conditions. The company expanded its market share in the US Oil & Gas sector and secured significant contracts, including a PFAS remediation project for the US Department of Defence. While client-driven delays may shift some revenues to FY26, the demand for SciDev’s proprietary chemistry remains strong, supporting improved margins. The company is well-positioned to capitalize on the growing demand for sustainable water treatment solutions, with a healthy business development pipeline across all units.
More about SciDev Ltd
SciDev is a leader in environmental solutions focused on water-intensive industries. The company provides solutions that enable clients to reuse water, improve operational efficiencies, and reduce environmental footprints. SciDev offers world-leading chemistry and water treatment technology with comprehensive support from specialist scientists and engineers, serving industries such as Mining, Oil & Gas, Construction & Infrastructure, and Water Treatment.
Average Trading Volume: 225,011
Technical Sentiment Signal: Sell
Current Market Cap: A$70.33M
See more insights into SDV stock on TipRanks’ Stock Analysis page.