Data#3's remarkable FY24 achievements

Data#3 (ASX:DTL) held its 2024 Annual General Meeting, revealing significant leadership changes and impressive financial results. The company achieved record gross sales of $2.8 billion and a net profit before tax of $62.1 million. Mark Gray completed his first year as Chair, while Brad Colledge took over as CEO.

Data#3's FY24 review and future outlook

Data#3 announced its successful FY24 results, marked by record gross sales of $2.8 billion and a net profit before tax of $62.1 million. The company implemented leadership changes with Brad Colledge stepping in as CEO. Data#3 focuses on sustainable growth and strategic partnerships, particularly in Managed Services and Software Solutions. They opened a new Security Operations Centre in Brisbane and completed key projects like the Sydney Football Stadium. The company maintains strong vendor partnerships and has been recognized with industry awards. Looking ahead, Data#3 projects a pre-tax profit of $31 million to $33 million for the first half of FY25 and plans to continue leveraging hybrid and multi-cloud environments to capitalize on AI opportunities.

Executive insights on Data#3's performance

Data#3 has navigated challenging economic conditions to deliver another successful year. Our focus on sustainable growth and strategic partnerships has been key to our achievements. We continue to invest in our capabilities to drive future success.