Information Technology
Data#3 Limited (DTL)
Data#3 Limited (DTL) is a leading Australian provider of IT solutions and services, including cloud, cyber security, data & analytics, and modern workplace technologies. They assist Australian organisations, particularly government and large corporate clients, in leveraging technology through consulting, implementation, and managed services, alongside reselling hardware and software from major global vendors.
Market Cap
A$1.5B
Shares on Issue
N/A
Price Chart
AI Analysis
Data#3 has established itself as a resilient and consistent performer within the Australian IT services sector, boasting a strong track record of profitable growth. As a mid-cap company with a A$1.5 billion market capitalisation, DTL benefits from its deep client relationships, particularly within the government and education sectors, and its strategic partnerships with major technology vendors like Microsoft, Cisco, and AWS, allowing it to capitalise on ongoing digital transformation initiatives.
The growth outlook for DTL remains positive, driven by persistent demand for cloud migration, enhanced cybersecurity measures, and data intelligence solutions across Australian enterprises. Upcoming catalysts could include significant new government project wins, expansion into new service verticals like AI integration, or strategic acquisitions that broaden its geographical reach or specialized capabilities, aligning with its strategy to be a holistic technology partner.
Bull Case
- • Continued strong demand for digital transformation, cloud adoption, and cybersecurity services across Australian public and private sectors.
- • Successful expansion of higher-margin managed services and consulting offerings, improving overall profitability and recurring revenue streams.
- • Strategic acquisitions that enhance DTL's capabilities in emerging technologies or expand its client base and market share within Australia.
Bear Case
- • Intensified competition from both local and global IT service providers, potentially leading to pricing pressure and margin erosion.
- • Economic downturns in Australia impacting corporate and government IT spending, slowing project pipeline and new contract wins.
- • Failure to attract and retain skilled IT professionals in a competitive labour market, hindering project delivery and growth initiatives.
Recent Announcements
DTL 1H 26 results announcement date
FAQs
What does DTL do?
DTL provides a comprehensive suite of IT solutions and services in Australia, including cloud infrastructure, cyber security, data analytics, and modern workplace solutions. They consult, implement, and manage IT environments for clients, and also resell hardware and software from global technology vendors.
Is DTL a good investment?
DTL is generally considered a stable mid-cap investment in the Australian tech sector, known for consistent performance and dividends. While it benefits from robust tailwinds like digital transformation, investors should weigh its established market position and growth potential against risks such as market competition and economic sensitivity affecting IT spending.
What drives DTL's share price?
DTL's share price is primarily driven by its financial performance (revenue growth, profit margins, and dividend payments), the overall health of corporate and government IT spending in Australia, the success of its strategic partnerships with major tech vendors, and its ability to secure and execute large-scale IT projects.
Key Metrics
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