How DTI Group’s $4M Adelaide Metro Win Fuels Its Global Ambitions

Solid Financial Progress Amid Ongoing Losses

DTI Group Ltd (ASX – DTI) delivered a year of steady advancement in FY25, with revenues climbing 11% to $8.56 million and EBITDA improving by 62% to $859,000. Despite these gains, the company remained in the red with a net loss after tax of $1.69 million, a notable improvement from the prior year’s $2.48 million loss. This reflects a business still investing heavily in growth and technology development while managing operational costs.

Key Contract Wins Drive Momentum

A highlight for the year was the award of a $4 million contract from Adelaide Metro Operations Pty Ltd to supply advanced public address, CCTV, and passenger information systems for the Citadis and Flexity Torrens Connect trams. The project is progressing well, with initial hardware deliveries completed and driver training underway, targeting completion by February 2027. This contract not only strengthens DTI’s domestic footprint but also showcases its capability in large-scale transport technology deployments.

Expanding Global Footprint Through Strategic Partnerships

DTI further cemented its international presence by signing a Master Framework Agreement with Siemens Mobility GmbH in December 2024. This global agreement standardizes purchasing conditions for DTI’s PACIS solutions and positions the company as a preferred partner for Siemens’ future projects. Building on this, DTI secured over $2 million in new international contracts during the June quarter, including projects with Siemens, Alstom in Panama, CAF in Medellin, and Gibela, highlighting growing demand across multiple continents.

Technology Enhancements and Product Innovation

FY25 saw significant upgrades to DTI’s flagship back-office platform, DTI Central, introducing features such as a video wall for simultaneous live camera views and automated reporting linked to footage. Trials of telematics and LiveView systems received positive feedback, including a successful pilot with a major U.S. city authority. These innovations underscore DTI’s commitment to delivering integrated, scalable solutions that meet evolving operator needs globally.

Capital Raising and Financial Position

To support its growth ambitions, DTI completed a fully underwritten entitlement offer raising $2.69 million in June 2025, bolstering its balance sheet. The company also increased its share capital substantially through a one-for-one rights issue, doubling the number of shares on issue. Post-reporting, DTI secured a $700,000 financing facility to further underpin business expansion. Despite ongoing losses, these capital injections provide a runway for scaling operations and pursuing new strategic projects.

Outlook – Positioned for Growth

Entering FY26, DTI Group is riding a wave of positive momentum. The Adelaide Metro project remains on schedule, global partnerships deepen, and technology investments are yielding tangible benefits. With a growing pipeline of opportunities in Australia, Europe, and North America, the company is well placed to convert these prospects into sustainable revenue growth and broaden its international footprint.