$99m for Dicker in first month with Express Data

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$99m for Dicker in first month with Express Data
CEO of Dicker Data, David Dicker.

Dicker Data has reported total revenue of $99 million in one month of operation after acquiring Express Data.

This follows revenue of $224.5 million for the six months to December 2013.

Net operating profit in April for Dicker Data before tax and integration and acquisition costs was $1.6 million, while Express Data alone recorded $408,678.

In the six months to December 2013 Dicker Data reported net profit before tax of $5.2 million.

Integration costs so far have reached $1.6 million. The company expects most integration costs to be covered this financial year, according to a statement released to the ASX today.

CEO David Dicker said in the statement that he expected this will allow a "clean entry into next year when we expect a very strong result".

According to the distributor, most integration is expected to be complete by August. Express Data operations in Botany are expected to move to the Dicker Data facility in Kurnell in August.

Dicker Data announced the completion of the $65 million acquisition of Express Data in early April. 

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