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AVA Risk Group Limited (ASX:AVA)

ALERT: Price-sensitive ASX Announcement for AVA
Current share price for AVA : $0.044 -0.013 (-22.81%)+
Announcement
Release
25 Feb 2026 9:05AM
Price at Release
$0.057
Full Release
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Summary
Ava Risk Group Limited announced its financial results for the first half of FY2026, ending 31 December 2025. The company reported a group revenue of $14.1 million, a decrease from the previous period due to delays in major projects within the Detect segment, which are anticipated to conclude in the second half. Despite the revenue drop, the company maintains a positive outlook for H2 FY2026, supported by new and delayed projects expected to close. Some of these projects include U.S. corrections facilities, U.S. government detection programs, Australian transport infrastructure, energy infrastructure in the U.S. and Asia, and Middle Eastern border protection. Ava also secured a strategic investment from Hale Capital, which supports their U.S. expansion efforts. The company continues to leverage its strategic industry segments, focusing on recurring revenue growth and maintaining stable operating margins. An investor webinar was scheduled to discuss these results further.
Key Points
  • Group revenue of $14.1 million, down from $17.1 million in the previous period.
  • Sales order intake of $15.6 million.
  • Underlying EBITDA of ($0.2 million) due to revenue shortfall, expected to improve in H2.
  • Sales order backlog of $7.8 million.
  • Cash balance of $2.7 million as of 31 December 2025.
  • Secured strategic investment from Hale Capital for U.S. expansion.
  • Detect segment projects delayed, now expected to close in H2 FY2026.
  • Key upcoming projects include U.S. corrections facilities and U.S. government detection programs.
  • Stable operating margins and cost base anticipated.
  • Investor webinar scheduled for 25 February 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.