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IDT Australia Forecasts Major Earnings Turnaround in FY26 Amid Strategic Reset

10:34am on Tuesday 28th of April, 2026 AEST Pharmaceuticals
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IDT Australia Forecasts Major Earnings Turnaround in FY26 Amid Strategic Reset

10:34am on Tuesday 28th of April, 2026 AEST
Key Points
  • FY26 EBITDA loss forecast narrows 68%-76%
  • Revenue from three verticals expected to grow 4%-11%
  • Sanofi names IDT a Preferred Vendor
  • US policy shifts boost psychedelics and medicinal marijuana demand
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