January 16, 2023

Data#3 to report strong 1H FY23 earnings growth

BRISBANE, Tuesday 17 January 2023: Australia’s leading IT services and solutions provider, Data#3 Limited (ASX: DTL) announces that, subject to finalising the interim accounts and audit review, its consolidated net profit before tax for the first half of FY23 is expected to be near the top end of the $21 million to $25 million guidance range provided at the AGM in October 2022.

As outlined at the AGM, the Company expected its order backlog, related to the timing of product deliveries and ongoing supply chain constraints, at the end of the first half would be similar to the backlog at the start of FY23.Data#3 has experienced a gradual improvement in the supply chain, however the overall backlog has not changed materially due to an increased volume of business.

The Board intends to announce the detailed audited first half results and interim dividend on 16 February 2023. Management will host a market briefing at 10:30am (AEDT). The following URL will provide access to the live briefing, and to an archived webcast following the event: https://webcast.openbriefing.com/dtl-ir-160223/