Information technology services provider Data#3 (ASX:DTL) said the impact of Microsoft's changes to its partner incentive program will likely be immaterial to fiscal 2025 results, according to a Monday filing with the Australian bourse.
While the changes will chip away at Data#3's earned incentives as they take effect on Jan. 1, 2025, the company still expects to achieve AU$31 million to AU$33 million of pre-tax profit for the first half of fiscal 2025, as well as "sustainable earnings growth" for the full year.
If the full effect of the changes had applied throughout all of fiscal 2024, the effect would have reduced gross profit for that year by about 3%, the filing stated. The company, however, noted that this is not a forecast on the future impact of the changes given that various initiatives to manage Microsoft's new rules are already being implemented.
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