Pinned straw:
Data #3 Limited (DTL) Reported 1H FY25 results this morning.
From their presentation:
A solid result despite some headwinds that have been previously disclosed. Continued strong growth in higher margin Services sector of the business.
No specific guidance given for the remainder of FY25 although as seasonal, sales peak in May/June which usually leads to a stronger 2H result.
Overall I thought this was a solid result albeit maybe showing growth may be slowing although overall sector tailwinds should be strong with continued IT spend. Will watch to see if services can continue to grow allowing for a more stable revenue base which should alleviate any fears of this being too cyclical.
Disc: Held IRL and on Strawman.
Yes @BoredSaint pretty much in line with expectations (maybe not for some as the price did jump today), but a solid performance. I'm happy to hold IRL and SM for now, especially with the bump up in franked dividend.
Agree about the only thing predictable is the increasing dividend as opposed to the falling share price.
Not only is it increasing from PCP but also increasing from previous period.
It's probably why I'm still here.
Source: marketindex