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SciDev Ltd (ASX:SDV)

ALERT: Price-sensitive ASX Announcement for SDV
Current share price for SDV : $0.120 -0.225 (-65.22%)+
Announcement
Release
25 Feb 2026 10:01AM
Price at Release
$0.345
Full Release
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Summary
SciDev Limited's interim report for the half-year ended 31 December 2025 details a revenue of $47.9 million and a net loss after tax of $2.14 million. Despite the challenges, the company reported strong performance in its Chemical Services segment, with significant growth in its client base and revenue, particularly from its CatChek product. The Water Technologies segment secured a major contract for a groundwater treatment plant, emphasizing its ongoing expansion in Australia. The company's financial position remains robust, with substantial cash reserves and unused debt facilities, although operating cash flow was impacted by costs related to potential acquisitions and restructuring. The report was authorized for release on 25 February 2026.
Key Points
  • SciDev Limited reported a revenue of $47.9 million for the half-year ending 31 December 2025.
  • The company incurred a net loss after tax of $2.14 million during this period.
  • SciDev's Chemical Services segment achieved strong revenue growth and increased its client base for the CatChek product by 75%.
  • Water Technologies segment secured a $19.5 million contract for a groundwater treatment plant.
  • The company's operating cash flow was negatively impacted by $0.8 million in due diligence costs.
  • SciDev maintained a strong balance sheet with $7.5 million in cash and $6 million in unused debt facilities.
  • The financial statements were authorized for issue on 25 February 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.