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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 8:26AM
Price at Release
$0.820
Full Release
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Summary
Advanced Innergy Holdings Limited's half-year report for the period ending 31 March 2026 shows a substantial decrease in profit after tax by 84% to £770,136, attributed to project delivery timing rather than demand issues. Revenue was £76.5 million, and the order backlog set a record at £116 million. The company achieved a gross profit margin improvement to 36.8% through effective project execution and cost control. The successful IPO in October 2025 raised £43.5 million, boosting cash reserves, with the period ending balance at £48.3 million. Despite a decrease in cash inflow from operations, strategic acquisitions like Imenco Aqua AS and Ovun AS bolstered the company's Marine sector presence. Advanced Innergy Holdings is expanding its market footprint in Australia and Asia-Pacific following its ASX listing, maintaining a strong backlog, improved margins, and a robust strategic focus.
Key Points
  • Advanced Innergy Holdings Limited reported a significant decrease in profit after tax, down 84% to £770,136 compared to the previous period.
  • Revenue for the period was £76.5 million, slightly lower than the prior year's £78.3 million due to project delivery timing.
  • The company's order backlog reached a record £116 million, enhancing revenue visibility for the upcoming financial year.
  • Gross profit margin improved to 36.8% due to effective project execution and cost control.
  • The company raised £43.5 million through an IPO, significantly boosting cash and cash equivalents to £48.3 million by the period's end.
  • The company reported a £1.3 million cash inflow from operating activities, down from £1.8 million in the previous period.
  • Strategic acquisitions included Imenco Aqua AS and Ovun AS, enhancing capabilities in the Marine and aquaculture sectors.
  • The company completed a listing on the ASX in October 2025 and is focused on expanding its market presence in Australia and Asia-Pacific.
  • The company maintained strong backlog coverage, improving margins, a robust balance sheet, and a clear strategic focus.
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.