SDI (SDI) AGM 2025 summary

Opening remarks and agenda

• Meeting opened virtually with procedural and technical instructions for online participation and voting.

• Shareholders guided on how to vote and submit questions during the meeting.

• Introduction of board members, executive team, and auditor; speeches released to the market.

Financial performance review

• FY 2025 normalized after-tax profit was AUD 10.5 million, up 0.1% from last year.

• Sales reached AUD 110.4 million, down 0.7% on FY 2024, with growth in aesthetic and whitening products.

• Gross profit margin increased by 80 basis points to 62.9% due to product mix and efficiencies.

• EBITDA fell 2.7% to AUD 21.6 million; operating expenses were well managed.

• Regional performance was mixed: Europe and Brazil saw growth, while Australia and North America declined.

Board and executive committee updates

• Directors and executive team introduced, with emphasis on their ongoing contributions.

• Board renewal and succession discussed, with no immediate plans for changes.

• Directors up for re-election received unanimous board support.