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Advanced Innergy Holdings Limited (ASX:AIH)

ALERT: Price-sensitive ASX Announcement for AIH
Current share price for AIH : $0.625 -0.195 (-23.78%)+
Announcement
Release
28 May 2026 8:30AM
Price at Release
$0.820
Full Release
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Summary
Advanced Innergy Holdings Limited (AIH) reported its H1 FY26 financial results with a revenue of $157.9 million, a decrease of 2.4% compared to the previous year, attributed to project delivery schedules. The company achieved a record orderbook of $239 million, up by 33% from the previous year, which supports a strong revenue outlook for the second half of the fiscal year. Gross margins improved to 36.8%, and underlying EBITDA was $24.7 million, down 9.6% due to higher operating and public listing costs. AIH reconfirmed its FY26 guidance with expected full-year revenue of $387.9 million and underlying EBITDA of $62.3 million. The company's expansion in the aquaculture market and a new framework agreement in the electric vehicle sector underpin the positive outlook. The proposed acquisition of Matrix Composites & Engineering Ltd is expected to complete by July 2026, keeping AIH within its borrowing covenant and allowing room for further acquisitions.
Key Points
  • H1 FY26 revenue of $157.9 million, down 2.4% from the prior year.
  • Record orderbook of $239 million as of 31 March 2026, up 33%.
  • Gross margin improved to 36.8%.
  • Underlying EBITDA of $24.7 million, down 9.6%.
  • FY26 guidance reconfirmed: revenue of $387.9 million and EBITDA of $62.3 million.
  • Signed a new electric vehicle battery protection agreement.
  • Acquisition of Matrix Composites & Engineering Ltd anticipated to complete in July 2026.
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.