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Why Did SciDev’s Loss Balloon to $2.14M Despite a $19.5M Contract Win?
10:42am on Wednesday 25th of February, 2026 AEDT
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Why Did SciDev’s Loss Balloon to $2.14M Despite a $19.5M Contract Win?
10:42am on Wednesday 25th of February, 2026 AEDT
Key Points
Half-year loss widened to $2.14 million from $68,000
Revenue declined 4% to $47.9 million
Underlying EBITDA fell to $1.1 million due to restructuring and acquisition costs
Secured $19.5 million groundwater treatment contract at Rum Jungle Mine
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