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Advanced Braking Technology Ltd (ASX:ABV)

ALERT: Price-sensitive ASX Announcement for ABV
Current share price for ABV : $0.130 0.005 (4%)+
Announcement
Release
26 Aug 2026 9:08AM
Price at Release
$0.125
Full Release
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Summary
In FY26, Advanced Braking Technology Ltd achieved record revenue and strong earnings growth, with a 22.7% increase in revenue to $23.5 million and a 37.5% increase in underlying EBITDA to $2.2 million. The company expanded its international footprint and strengthened customer engagement, with significant growth in recurring aftermarket revenue. Key technological advancements included the CAS Level 9 certification of BRAKEiQ™, enhancing ABT's position in autonomous braking solutions. ABT enters FY27 with a solid financial and operational foundation, focusing on expanding market presence, increasing lifecycle revenue, and commercializing next-generation technologies. The company aims to leverage its supply chain resilience and strategic growth opportunities to sustain earnings growth.
Key Points
  • Record revenue of $23.5 million, a 22.7% increase over FY25
  • Underlying EBITDA rose by 37.5% to $2.2 million
  • International expansion included deployment in new markets like Ghana and Mongolia
  • Significant growth in recurring revenue by 26.2%
  • Successful certification of BRAKEiQ™ for CAS Level 9
  • Focus on deepening market presence and commercializing new technologies in FY27
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.