Shares of Data#3 Ltd surged 14.7% to an all-time high of AUD 10.79 on Monday after the Australian IT services provider reported a 12.7% increase in gross sales to AUD 3.4 billion for the fiscal year ended June 30, 2026.
The company posted a 16.6% rise in earnings before interest and tax to AUD 69.8 million, while net profit before tax increased 14% to AUD 78.8 million. Basic earnings per share rose 13% year-over-year to AUD 0.3516.
Data#3 declared a fully franked final dividend of 18.25 Australian cents per share, bringing total dividends for FY2026 to 31.75 cents, a 13% increase from the prior year. The company cited strong demand for infrastructure solutions, artificial intelligence and cybersecurity as key growth drivers.
The gains came as the broader Australian market advanced modestly, with the S&P/ASX 200 index up about 0.6% on the session. Trading volumes were elevated as investors reacted to the results, which exceeded expectations following the company's full-year guidance issued in May.
Data#3, headquartered in Brisbane, provides IT solutions and services to enterprise and government clients across Australia and New Zealand. The company has expanded its cloud, AI and security offerings in recent years, aligning with corporate digitization trends.
The record share price follows a year of robust financial performance, with gross sales reaching AUD 3.4 billion, up from AUD 3.02 billion in FY2025. The company's EBIT margin expanded to 2.05% from 1.98% in the prior year, reflecting improved operational efficiency despite rising costs.
