Key highlights

  • Data#3 Ltd (ASX:DTL) closed at $13.08 on 20 October 2026, down 0.38%.
  • The shares are up approximately 49.66% over the past year.
  • On 1 October 2026 Data#3 said it expects 1H FY27 profit before tax to be more than 40% above the $33.5 million of 1H FY26.

Shares in Data#3 Ltd (ASX:DTL) closed at $13.08 on 20 October 2026, fell 0.38% on the day from a previous close of about $13.1299.

Over the past 12 months the stock gained approximately 49.66%. Working back from the closing price, a 12-month change of approximately +49.66% implies a share price of about $8.74 a year earlier. The annual gain is much larger than the move in a single session, which is a reminder of how far a stock can travel over a year.

In dollar terms, the 12-month move amounts to about $4.34 per share, from roughly $8.74 to $13.08, while the move during the 20 October session was about 5.0 cents per share. The two figures measure different time frames and are reported here on their own terms.

About Data#3

Data#3 Limited is a Brisbane-based IT services and solutions provider, describing itself as Australia’s leading provider. It sells software licences, infrastructure and services, and its results are affected by vendor programs such as incentive arrangements with Microsoft.

Latest development

The share price figures above are not linked here to the company’s guidance. On 1 October 2026 Data#3 said it had a start to FY27 with gross sales and Earnings ahead of expectations. It expects first-half Gross Profit to be more than 15% ahead of the first half of FY26, and consolidated profit before tax to be more than 40% above the $33.5 million reported for 1H FY26, a period that was affected by previously announced Microsoft incentive changes.

The company said the first-half result is expected to benefit from some one-off, larger transactions, increased activity in Infrastructure and Software Solutions, and the timing of planned Investment spend. It also includes about $1.5 million of interest income above expectation, driven by favourable Cash Flow timing in the first quarter.

Data#3 said the first-half performance includes significant non-recurring items, so profit before tax for FY27 is expected to be skewed to the first half. It expects sustained earnings growth for the full year as planned. The final interim result remains subject to forecast Business through to 31 December 2026, completion of the accounts and an audit review. A business update is planned for the AGM on 28 October 2026, and the 1H FY27 result and Interim Dividend are due on 22 February 2027.

Sector context

IT resellers and services companies depend on vendor incentive structures, large customer deals and timing of project work, which can make half-year results uneven. Demand for cloud, infrastructure and security services is influenced by government and enterprise budgets.

Changes to vendor programs can move margins in either direction, as the reference to the earlier Microsoft incentive changes shows.

Risks

The company explicitly said profit before tax will be skewed to the first half because of non-recurring items, so the first-half growth rate is not a guide to the full year. The result also depends on forecast business through to 31 December 2026.

Interest income benefited from favourable timing, and vendor incentive changes can affect margins. The final result remains subject to completion of the accounts and an audit review.

Share price movements add a separate layer of uncertainty. The stock’s one-day move of -0.38% on 20 October 2026 and its 12-month change of approximately +49.66% show how far the share price can move, and past movements do not indicate future direction.

Catalysts to watch

Items to watch include the business update at the AGM on 28 October 2026, the 1H FY27 result and interim dividend on 22 February 2027, and any further vendor program changes.