Monday, 25 October 2021
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Dicker Data posts $15.7M profit in first half

David Dicker (Dicker Data)

David Dicker (Dicker Data)

Credit: Dicker Data

Dicker Data has closed the first half of the 2018 financial year with net profit after tax (NPAT) of $15.7 million, a 21.9 per cent increase compared to the previous corresponding period.

“The six months to June 2018 has seen Dicker Data grow revenue at a rate of 13.5% through growth in both established vendors and new vendors,” said David Dicker, CEO and chairman of Dicker Data, when speaking to shareholders on 27 August.

Revenue for the six months to 30 June 2018 was $717.6 million, up by $85.1 million or 13.5 per cent on the previous period.

From a channel perspective, the publicly-listed distributor welcomed 18 new vendors during the past 12 months including Citrix, Commvault, NBN Co and Kyocera – collectively these contributed an increase of $35.8 million to revenue on a year-on-year basis during the first half of 2018.

Meanwhile, revenue for existing vendors has grown $48.8 million, an increase of 7.9 per cent on the previous corresponding period.

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