ASX:DTLIT
Data#3 (ASX:DTL) Shares Face AI Spend Risk After Profit Gain
Data#3 walked into this result on a strong run, with the stock up about 34% over the past three months and trading on a rich P/E of 33.4x. That sets a high bar. The headline from these numbers is simple: earnings from continuing operations reached A$54.5m on trailing twelve month revenue of A$907.3m, and management is leaning into heavier AI and security investment that could tug on near term profit.
Love the strong recent share price run in Data#3 but concerned about paying up for a rich P/E...