Imdex lifts sensor, software sales to cA$200m

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Imdex CEO Paul House
ASX company’s transformation into global mining technology leader gaining momentum

Imdex continues to expand the use of its core mining technologies by a large, global customer base, racking up nearly A$200 million of sensor and software sales in its record $341.8m of FY22 revenue. The growth drove Imdex’s third consecutive year of EBITDA margin expansion (30.7%) and actual EBITDA of $104.9m, up 38.9% year-on-year.

“Forty-four percent of our top 250 clients had more than three [technology] products working together as a solution, up from 33% in FY21,” the company’s CEO, Paul House, said on a call with analysts and investors.

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