De.Mem Ltd. Reports Record Financial Results for FY 2025
De.Mem Limited (ASX: DEM) announced the completion of its consolidated financial statements for the twelve months ended 31 December 2025 (FY 2025). The report confirms a series of record achievements for the company, including its highest-ever revenue, gross margin and adjusted EBITDA for a full calendar year.
Key Performance Highlights
| Metric | FY 2025 | FY 2024 | YoY Change |
|---|---|---|---|
| Revenue | $29.9 million | $24.8 million | +20 % |
| Cash Inflows | $32.3 million | $28.4 million | +14 % |
| Gross Margin | 43 % | 40 % | +3 percentage points |
| Adjusted EBITDA | $1.6 million | (negative) | +1.6 million |
| Operating Cash Flow | $318 thousand | $- | +$318 thousand |
The company achieved 27 consecutive quarters of positive cash‑inflow growth and became the first water‑utility listed on the ASX to report a positive adjusted EBITDA for a full year.
Drivers of Growth
The report cites strong demand from the mining sector in Western Australia, where high gold prices and the continued use of rare‑earth minerals have spurred water‑management requirements. De.Mem’s focus on medium‑sized customers and its position as a one‑stop shop for water‑treatment solutions have allowed the company to secure new contracts and expand its service portfolio.
Corporate Governance
In early March 2026, De.Mem filed a “Change of Director’s Interest Notice – App 3Y (AK)” and a notification regarding unquoted securities (DEM) on the ASX. These disclosures are part of the company’s ongoing compliance with Australian Securities and Investments Commission (ASIC) requirements.
Market Position
De.Mem operates in the water‑utilities sector, providing membrane‑technology–based treatment systems to municipal, residential and industrial customers. Its operations span Singapore and Australia, with a significant customer base among mining corporations. The company’s market capitalization as of 23 February 2026 is AUD 32.66 million, and its share price has reached a 52‑week high of AUD 0.125.
Conclusion
The FY 2025 results demonstrate De.Mem’s ability to generate sustained growth and profitability in a niche market that is increasingly driven by the mining industry’s water‑management needs. The company’s strategic focus on medium‑sized clients and its technological expertise position it well to maintain its competitive advantage in the Australian and international water‑treatment landscape.
