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www.dickerdata.com.au w w w . d i c k e r d a t a . c o m . a u H1 FY26 Results Presentation
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DICKER DATA Agenda • Welcome • H1 FY26 results • Business update • Strategy update • FY26 outlook & guidance • Questions
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DICKER DATA 3 H1 FY26 Results
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$2,100.9m Gross revenue* ▲ +14.2% pcp $103.5m EBITDA^ ▲ +37.3% pcp $600.0m Recurring gross software sales ▲ +20.7% pcp H1 FY26 Highlights Strong start to FY26, delivering growth across all key metrics • Gross revenue is non-IFRS unaudited financial information and does not represent revenue in accordance with Australian Accounting Standard. This represents gross proceeds from sale of goods and services, both as agent and principal and other revenue ^ Excludes one off costs of $nil (Jun 25: $1.0m). DICKER DATA 4 10,000 ACTIVE AU PARTNERS 2,300 ACTIVE NZ PARTNERS $86.4m Net operating profit before tax^ ▲ +50.1% pcp 33.5c Earnings per share ▲ +53.5% pcp
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DICKER DATA 5 1,596.9 1,681.8 1,590.1 1,787.0 1,839.9 2,035.6 2,100.9 2023-H1 2023-H2 2024-H1 2024-H2 2025-H1 2025-H2 2026-H1 150.7 164.9 155.0 169.1 167.1 180.6 205.6 9.4% 9.8% 9.8% 9.5% 9.1% 8.9% 9.8% 3. 0% 4. 0% 5. 0% 6. 0% 7. 0% 8. 0% 9. 0% 10 . 0% 11 . 0% $0.0 $50.0 $100.0 $150.0 $200.0 $250.0 2023-H1 2023-H2 2024-H1 2024-H2 2025-H1 2025-H2 2026-H1 54.9 62.5 50.8 62.4 57.6 67.1 86.4 3.4% 3.7% 3.2% 3.5% 3.1% 3.3% 4.1% 0. 0% 0. 5% 1. 0% 1. 5% 2. 0% 2. 5% 3. 0% 3. 5% 4. 0% 4. 5% $0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0 $100.0 2023-H1 2023-H2 2024-H1 2024-H2 2025-H1 2025-H2 2026-H1 Historical Performance Gross Revenue ‡ ($m) EBITDA* ($m) Gross profit ($m) Net profit before tax $m & NPBT margin % ‡ Gross revenue is non-IFRS unaudited financial information and does not represent revenue in accordance with Australian Accounting Standards. This represents gross proceeds from sale of goods and services, both as agent and principal and other revenue. Gross profit and net profit margins are represented as % of gross revenue. * Excludes one-off costs: FY26 - $nil, FY25 - $1.0m, FY24 - $nil, FY23 - $0.9m 70.6 80.1 68.9 81.6 75.4 84.0 103.5 0.0 20.0 40.0 60.0 80.0 100.0 120.0 2023-H1 2023-H2 2024-H1 2024-H2 2025-H1 2025-H2 2026-H1
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DICKER DATA 6 H1 FY26 Results Consolidated Group • T otal gross revenue of $2,100.9m, up 14.2% vs pcp driven by technology refresh cycles, AI infrastructure investment and sustained demand across software and cybersecurity. • Gross profit margin expanded to 9.8%(Jun-25: 9.1%) benefiting from strategic stock purchases. • EBITDA of $103.5m up 37.3% vs pcp, predominantlydriven by strong sales growth and improved margins. • T otal expenses (as a percentage of gross revenue) improved against prior year to5.9% (Jun-25: 6.1%), with a reduction in finance costs and improved operating leverage. • Strong operating profit before tax uplift of 50.1% vs pcp, with PBT margin of 4.1%, reflecting strong sales growth whilst benefiting from operating leverage. 6 months ($m) Jun-26 Jun-25 Change Statutory revenue 1,406.8 1,239.1 13.5% Gross revenue* 2,100.9 1,840.4 14.2% Gross profit 205.6 167.1 23.0% Gross profit margin 9.8% 9.1% EBITDA** 103.5 75.4 37.3% Profit before tax** 86.4 57.6 50.1% PBT margin 4.1% 3.1% Net profit after tax 60.7 39.4 54.1% • Gross revenue is non-IFRS unaudited financial information and does not represent revenue in accordance with Australian Accounting Standard. This represents gross proceeds from sale of goods and services and other income, both as agent and principal and other revenue. Gross profit and net profit margins are represented as % of gross revenue. ** Excludes one-off costs of $nil (Jun25: $1.0m) 6
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DICKER DATA 7 H1 FY26 Results Australia • Strong gross revenue growth, up 18.2% vs pcp, driven by elevated end-point, software and data centre refresh demand. • Gross margin at 10.0% reflectsimproved margins as a result of proactive sourcing and buying strategies during the period. • Operating profit before tax up 55.9% benefiting from volume growth and improved margins. • Profit before tax margin finalising at4.5% exceeding internal expectations. 6 months ($m) Jun-26 Jun-25 Change Statutory revenue 1,229.7 1,036.8 18.6% Gross revenue* 1,831.5 1,548.9 18.2% Gross profit 183.9 142.6 29.0% Gross profit margin 10.0% 9.2% EBITDA** 96.5 66.6 44.9% Profit before tax** 82.5 52.9 55.9% PBT margin 4.5% 3.4% Net profit after tax 57.9 36.2 59.9% *Gross revenue is non-IFRS unaudited financial information and does not represent revenue in accordance with Australian Accounting Standard. This represents gross proceeds from sale of goods and services and other income, both as agent and principal and other revenue.Gross profit and net profit margins are represented as % of gross revenue. **Excludes one-off costs of $0.0m (Jun25: $1.0m)
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DICKER DATA 8 H1 FY26 Results New Zealand (NZD$) • T otal gross revenue finalised at $323.0m, up 1.5%. • Revenue in NZ was impactedby supply constraints across some hardware vendor portfolios. The supply shortages are expected to ease in H2 FY26. • Gross margins finalised lower at 8.1% driven by lower margins in our consumer retail business. • T otal expenseswere in line with prior year spend. • Profit before tax decreasing by12.7% to $4.8m. *Gross revenue is non-IFRS unaudited financial information and does not represent revenue in accordance with Australian Accounting Standard. This represents gross proceeds from sale of goods and services and other income, both as agent and principal and other revenue.Gross profit and net profit margins are represented as % of gross revenue. 6 months ($m) Jun-26 Jun-25 Change Statutory revenue 210.6 215.0 -2.0% Gross revenue* 323.0 318.3 1.5% Gross profit 26.0 26.7 -2.6% Gross profit margin 8.1% 8.4% EBITDA** 8.4 10.0 -16.0% Profit before tax** 4.8 5.5 -12.7% PBT margin 1.5% 1.7% Net profit after tax 3.4 3.9 -12.8%
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DICKER DATA 9 H1 FY26 Balance Sheet Net assets ($m) Jun-26 Dec-25 Cash and equivalents 57.2 66.4 Trade and other receivables 670.3 550.2 Inventories 419.4 312.4 Other current assets 1.1 21.8 Total current assets 1,148.0 950.8 Property, plant and equipment 199.8 92.0 Intangible assets 85.2 86.6 Other assets 12.8 19.7 Total non-current assets 297.8 198.3 TOTAL ASSETS 1,445.8 1,149.2 Trade and other payables 646.2 478.9 Borrowings 303.6 99.4 Other liabilities 50.6 35.2 Total current liabilities 1,000.4 613.5 Borrowings 45.0 260.0 Other liabilities 43.6 18.6 Total non-current liabilities 88.6 278.6 TOTAL LIABILITIES 1,089.0 892.1 NET ASSETS 356.8 257.0 EQUITY Issued capital 224.9 219.6 Reserves 73.8 (1.6) Retained profit 58.1 39.0 TOTAL EQUITY 356.8 257.0 Jun-26 Dec-25 Net Working Capital ($m) 444.5 385.2 Net Working Capital Days 36.3 34.8 Debt to Equity 0.98x 1.40x Debt Service Cover Ratio 9.62 7.35 Net Tangible Assets ($m) 271.6 170.4 • Inventory increased by $107.0m as the Companymade strategic investments in stock to mitigate uncertainty in its supply chain leading to an increase of $59.3m in net working capital. • Net debt decreased by $1.6m to $291.3m with total debt decreasing by $10.8m. • Change in accounting policy adopted in the reporting period reflecting land and buildings at valuation instead of cost resulting in an increase to PPE of $107.9m.
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DICKER DATA 10 H1 FY26 Dividends • Fully franked dividends paid in H1 FY26 were 23.0 cps, higher by 1.0 cps on pcp, up 4.5%. • The Company has maintainedpaying interim dividends in quarterly instalments, and the DRP is retained for FY26 offering a 1% discount. • The introduction of DRP discount has resulted in higher participation in the DRP for H1 FY26. • The second interim dividend for FY26 was declared at 11.5cps on 17 August 2026, to be paid on 1st September 2026. Payment date Dividend (CPS) Type Amount franked 19-Mar-26 11.5 Final FY25 100% 02-Jun-26 11.5 Interim FY26 100% Total 23.0
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DICKER DATA 11 H1 FY26 Business Update
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DICKER DATA H1 FY26 Operational Highlights • Pivotal year for data centre infrastructure and modernisation - growth underpinned by sustained demand across complex solutions, enterprise networking, server & storage infrastructure, power & cooling technologies, as well as AI-enabled software solutions. • Key strategic focus remains on accelerating enterprise AI adoption and strengthening Dicker Data’s position as a trusted partner within the AI ecosystem. • Launched ‘Solution ConX’, a partner-to-partner solutions marketplace enabling resellers to access specialist Microsoft cloud capabilities, expand solutions and pursue additional opportunities. • Expanded Dicker Data’s Telco & Unified Communications capability, adding Switch Connect, Symbio, GoT o, i-SCAPE and Intele Training to help partners deliver Microsoft Teams Calling, contact centre, voice and end-user training solutions. 12
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13 DICKER DATA Artificial Intelligence • Key strategic focus remains on accelerating enterprise AI adoption and strengthening Dicker Data’s position as a trusted partner within the AI ecosystem. • Achieved record AI-related sales in H1 FY26, with invoiced value exceeding $50m • Launched ‘AI Accelerate’ across Australia & New Zealand, bringing together Dell T echnologies, HPE, Cisco, Lenovo, NVIDIA, Equinix, ResetData and other ecosystem partners to help resellers develop and commercialise practical AI solutions (incl. events & workshops). • Dicker Data's solution builds on historical investment with Dell Technologies to deploy an AI proof-of-concept, hosted at an Equinix Sydney data centre. The Company's Cisco AI Podalso came online in H1 FY26. 13 AI Accelerate Live Sydney Event
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DICKER DATA 30% 28% 23% 9% 6% 4% H1 FY26 Gross sales H1 FY26 ($m) H1 FY25 ($m) Change (%) Software 635.1 538.1 +18.0% End point solutions 591.1 534.0 +10.7% Advanced solutions 489.1 418.4 +16.9% Retail 186.7 173.1 +7.9% Audio visual 112.0 106.7 +5.0% Access and surveillance 77.7 63.2 +22.9% Services 4.6 4.8 -4.2% Total gross sales 2,096.3 1,838.3 +14.0% Segment Performance 14
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DICKER DATA New Vendors added in 2026 15
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DICKER DATA Strategy and Market Update 16
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DICKER DATA FY26 Market Update Gartner states IT spending in Australia is expected to reach A$172.3b in 2026, up 8.9% from 20251 Australian IT Spending Forecast 2025–2026 (A$M) • Data centre systems: 2026 = 10,071 (+22.5%) • Devices: 2026 = 16,406 (+6.6%) • Software: 2026 = 59,945 (+13.6%) • IT services: 2026 = 58,782 (+5.6%) • Communications services: 2026 = 27,061 (+3.6%) • Overall IT: 2026 = 172,265 (+8.9%) Gartner (as reported by Reseller News) expects New Zealand IT spending to reach $25.6b in 2026 (+10.4% YoY)2 1: Gartner, Inc. (2025) Gartner forecasts IT spending in Australia to exceed $172 billion in 2026. Available at: https://www.gartner.com/en/newsroom/press -releases/2025 -09- 08-gartner-forecasts -it-spending-in-australia-to-exceed-172bn-in-2026 (Accessed: 17 February 2026). 2: Guan, L. (2025) Gartner: IT investments surge to $25.6 billion in 2026 to prepare for AI. Reseller News, 9 September. Availab le at: https://www.reseller.co.nz/article/4053346/gartner -it-investments -surge-to-25-6-billion-in-2026-to-prepare-for-ai.html (Accessed: 17 February 2026) datacentre growth +22.5% Total AU IT spend $172.3b Total NZ IT spend $25.6b 17
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DICKER DATA Strategic Themes Dicker Data’s key strategic initiatives are supported by several underlying supportive industry thematics *2026 Omdia APAC Research 18 • Ageing infrastructure and growing workload complexity are driving sustained data centre modernisation • Demand spans enterprise networking, server, storage, data management, power and cooling • Dicker Data’s broad portfolio and technical capability position the Company to capture the refresh cycle Data Centre Refresh • The role of AI in business continues to grow, with businesses reaching breakthroughs in productivity and cross- functional impact • AI now impacts almost all reporting segments of the Company • AI is accelerating market convergence, in turn creating new opportunities for Dicker Data • Windows 10 reached end of support (EoS) in Oct-25, encouraging refreshof non- compliant devices • As at Aug-26 over 550,000 non-compliant devices remain in ANZ andneed to be refreshed to Windows 11, highlighting further opportunity • As at Aug-26 it is reported that there are millions of Windows 11 devices that are now over 4 years in age, due for refresh. • Growing cyberthreat awareness is driving increased demand from businesses • The complexity of modern cyber threats is increasing the need for multi-faceted and more complex solutions • Cybersecurity remains as a top three investment priority for end customer businesses* • Cybersecurity was identified as a top three investment area for the Company's partner network* Artificial Intelligence (AI) Windows Refresh Cybersecurity
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DICKER DATA FY26 Outlook & Guidance 19
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DICKER DATA FY26 Outlook H1 FY26 delivered strong momentum, driven by software, data centre refresh and end-point solutions. July and August to-date reflect a continuation of H1 performance, with sustained demand across multiple technology segments. Looking forward, demand for data centre refresh, software and AI-related projects is expected to support growth in H2, while growth in end-point solutions is expected to moderate. AI-related revenues anticipated to accelerate in H2, reflecting typically lower-margin business. Data centre refresh is also anticipated to build. The pricing impact from component and supply chain constraints are also expected to flow through in H2, resulting in higher inventory replenishment costs. While absolute revenue demand expectation remains strong, the impacts from higher prices are likely to begin to materialise in H2, likely resulting in reduced unit demand. 20
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DICKER DATA In light of the outlook commentary, Dicker Data provides the following FY26 guidance: Gross Revenue: between $4.3 billion and $4.4 billion, reflecting full year growth between 11% and 14% versus FY25; and Net Operating Profit Before Tax (PBT): between $162 million and $165 million reflecting PBT margin of approximately 3.8%. FY26 Guidance
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DICKER DATA Questions? 22
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DICKER DATA 23 Appendix
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DICKER DATA Consolidated Statement Of Profit Or Loss And Other Comprehensive Income For the half year ended 30 June 2026 Jun-26 $’000 Jun-25 $’000 REVENUE Revenue from contracts from customers 1,402,100 1,237,022 Other revenue: Finance income 2,410 283 Other revenue 2,257 1,827 1,406,767 1,239,132 EXPENSES Cost of goods sold (1,196,480) (1,069,906) Employee benefits expense (89,022) (76,408) Depreciation and amortisation (6,580) (6,852) Finance costs (10,770) (11,744) Other expenses (17,518) (17,644) (1,320,370) (1,182,554) Profit before income tax expense 86,397 56,578 Income tax expense (25,727) (17,198) Profit after income tax expense for the year 60,670 39,380 Profit attributable to members of the Company 60,670 39,380 Other comprehensive income, net of tax Foreign currency translation (1,526) 554 Share option reserves 1,305 - Asset revaluation 75,627 - Total comprehensive income for the year 136,076 39,934 Total comprehensive income attributable to members of the Company 136,076 39,934 Weighted earnings per share Cents Cents Basic earnings per share 33.45 21.79 Diluted earnings per share 33.45 21.79 24
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DICKER DATA Consolidated Statement Of Financial Position As at 30 June 2026 Jun-26 $’000 Jun-25 $’000 ASSETS Current assets Cash and cash equivalents 57,219 64,005 Trade and other receivables 670,268 595,062 Inventories 419,397 294,133 Current tax asset - 20,718 Finance lease receivables 1,077 2,220 Total current assets 1,147,961 976,138 Non-current assets Right of use asset 11,727 15,275 Property, plant and equipment 199,808 93,883 Intangible assets 85,232 88,115 Deferred tax assets - 4,000 Other 1,032 726 Total non-current assets 297,799 201,999 TOTAL ASSETS 1,445,760 1,178,137 LIABILITIES Current liabilities Trade and other payables 646,220 510,252 Lease liabilities 2,324 2,415 Borrowings 303,564 58,507 Current tax liabilities 10,859 804 Short-term provisions 37,445 28,088 Total current liabilities 1,000,412 600,066 Non-current liabilities Borrowings 45,000 305,000 Lease liabilities 10,660 14,221 Deferred tax liabilities 28,560 3,693 Long-term provisions 4,359 4,020 Total non-current liabilities 88,579 326,934 TOTAL LIABILITIES 1,088,991 927,000 NET ASSETS 356,769 251,137 EQUITY Equity attributable to Equity Holders Issued capital 224,910 218,422 Reserves 77,301 187 Translation reserve (3,476) (191) Retained profits 58,034 32,719 TOTAL EQUITY 356,769 251,137 25
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DICKER DATA Operating segments Australia New Zealand Singapore TOTAL Consolidated Jun-26 $’000 $’000 $’000 $’000 Revenue Sale of goods and services 1,224,635 177,465 - 1,402,100 Other revenue: Finance income 2,812 (414) 12 2,410 Other revenue 2,229 26 2 2,257 Total revenue 1,229,676 177,077 14 1,406,767 Expenses Cost of goods sold (1,040,723) (155,757) - (1,196,480) Employee benefits expense (78,270) (10,322) (430) (89,022) EBITDA 96,516 6,996 (59) 103,453 Depreciation & amortisation (4,611) (1,964) (5) (6,580) Interest revenue 135 147 12 294 Interest expense (9,568) (1,202) - (10,770) Profit before income tax expense 82,472 3,977 (52) 86,397 Income tax expense (24,622) (1,105) - (25,727) Profit after income tax expense 57,850 2,872 (52) 60,670 Segment current assets 985,678 161,017 1,266 1,147,961 Segment non-current assets 240,834 56,957 8 297,799 Segment assets 1,226,512 217,974 1,274 1,445,760 Segment current liabilities 873,594 125,459 1,359 1,000,412 Segment non-current liabilities 74,232 14,347 - 88,579 Segment liabilities 947,826 139,806 1,359 1,088,991 26 For the half year ended 30 June 2026
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DICKER DATA New Zealand Statement Of Profit Or Loss (AUD) For the half year ended 30 June 2026 27 6 months ($m) Jun-26 Jun-25 Change Statutory revenue 177.5 202.8 -13.3% Gross revenue* 269.4 291.6 -7.6% Gross profit 21.7 24.5 -11.4% Gross profit margin 8.1% 8.4% EBITDA 7.0 9.2 -21.2% Profit before tax 4.0 5.1 -17.6% PBT margin 1.5% 1.7% Net profit after tax 2.9 3.6 -20.6% *Gross revenue is non-IFRS unaudited financial information and does not represent revenue in accordance with Australian Accounting Standard. This represents gross proceeds from sale of goods and services and other income, both as agent and principal and other revenue.Gross profit and net profit margins are represented as % of gross revenue.
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DICKER DATA This presentation has been prepared by Dicker Data Ltd (ACN 000 969 362). All information and statistics in this presentation are current as of 28th August 2026 unless otherwise specified. It contains selected summary information and does not purport to be all-inclusive or to contain all of the information that may be relevant, or which a prospective investor may require in evaluations for a possible investment in Dicker Data Ltd. It should be read in conjunction with Dicker Data’s other periodic and continuous disclosure announcements which are available at www.dickerdata.com.au. The recipient acknowledges that circumstances may change, and that this presentation may become outdated as a result. This presentation and the information in it are subject to change without notice and Dicker Data is not obliged to update this presentation. This presentation is provided for general information purposes only. It is not a product disclosure statement, pathfinder document or any other disclosure document for the purposes of the Corporations Act and has not been, and is not required to be, lodged with the Australian Securities & Investments Commission. It should not be relied upon by the recipient in considering the merits of Dicker Data Ltd or the acquisition of securities in Dicker Data Ltd . Nothing in this presentation constitutes investment, legal, tax, accounting or other advice and it is not to be relied upon in substitution for the recipient’s own exercise of independent judgment with regard to the operations, financial condition and prospects of Dicker Data . The information contained in this presentation does not constitute financial product advice. Before making an investment decision, the recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this presentation, including obtaining investment, legal, tax, accounting and such other advice as it considers necessary or appropriate. This presentation has been prepared without taking account of any person’s individual investment objectives, financial situation or particular needs. It is not an invitation or offer to buy or sell, or a solicitation to invest in or refrain from investing in, securities in Dicker Data Ltd or any other investment product. The information in this presentation has been obtained from and based on sources believed by Dicker Data to be reliable. To the maximum extent permitted by law, Dicker Data Ltd makes no representation or warranty, express or implied, as to the accuracy, completeness, timeliness or reliability of the contents of this presentation. To the maximum extent permitted by law, Dicker Data does not accept any liability (including, without limitation, any liability arising from fault or negligence) for any loss whatsoever arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation may contain forward-looking statements, guidance, forecasts, estimates , prospects, projections or statements in relation to future matters (‘Forward Statements’). Forward Statements can generally be identified by the use of forward-looking words such as “anticipate”, “estimates”, “will”, “should”, “could”, “may”, “expects”, “plans”, “forecast”, “target” or similar expressions. Forward Statements including indications, guidance or outlook on future revenues, distributions or financial position and performance or return or growth in underlying investments are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. No independent third party has reviewed the reasonableness of any such statements or assumptions. No member of Dicker Data Ltd warrants that such Forward Statements will be achieved or will prove to be correct or gives any warranty, express or implied, as to the accuracy, completeness, likelihood of achievement or reasonableness of any Forward Statement contained in this presentation. Except as required by law or regulation, Dicker Data assumes no obligation to release updates or revisions to Forward Statements to reflect any changes. All dollar values are in Australian dollars ($ or A$) unless stated otherwise. The recipient should note that this presentation contains pro forma financial information, including a pro forma balance sheet. Disclaimer www.dickerdata.com.au www.dickerdata.com.au Mary Stojcevski - CFO Mary.Stojcevski@dickerdata.com.au Vladimir Mitnovetski - COO Vlad.Mitnovetski@dickerdata.com.au 28