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IMDEX Defies Market Slump with 28% EBITDA Jump Despite 10% Revenue Fall
8:20am on Wednesday 12th of February, 2025 AEDT
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IMDEX Defies Market Slump with 28% EBITDA Jump Despite 10% Revenue Fall
8:20am on Wednesday 12th of February, 2025 AEDT
Key Points
Revenue down 10% year-on-year to $212 million
EBITDA up 28% to $73 million with a stable 30% margin
Strong cash conversion at 96% and net debt reduced to $15 million
Growth in digital and mining technologies segments, with SaaS revenues up over 100%
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Imdex (ASX:IMD)
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