Dicker On Track For $1bn Revenue
Revenue for the quarter was $273 million, up $10.5 million on Q3 last year, CEO David Dicker announced.
The result comes after Dicker in August completed a share capital raising of $40.25 million, while a further $5.25 million was raised under a shareholder purchase plan. The moola was partly used for debt reduction and working capital, Dicker told the ASX.
A major development in Q3 was launch of a cloud marketplace portal, while a number of new vendors were signed, including Intel, Lenovo, System X and Toshiba New Zealand.
Dicker Data shares rose 18c yesterday to close at $1.90.