SciDev Posts 10% Quarterly Increase in Fiscal Q3 Revenue; Shares Up 5%

MT Newswires Live

05-07

SciDev (ASX:SDV) reported revenue of AU$26.3 million in the fiscal third quarter, up 10% from AU$23.8 million in the fiscal second quarter, according to a Wednesday filing with the Australian bourse.

The water treatment technology company's earnings before interest, taxes, depreciation, and amortization climbed 200% quarter on quarter to AU$2.1 million. It achieved a gross profit margin of 29%.

Looking ahead, the company said recent market volatility "may see the timing of some revenues shift into early FY2026" as customers tweak their order timeline, leading to extended delivery windows.

SciDev's shares were up over 5% in recent Wednesday trade.

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