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AVA Risk Group Limited (ASX:AVA)

ALERT: Price-sensitive ASX Announcement for AVA
Current share price for AVA : $0.038 -0.019 (-33.33%)+
Announcement
Release
25 Feb 2026 9:05AM
Price at Release
$0.057
Full Release
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Summary
AVA Risk Group Limited reported financial results for the half-year ending 31 December 2025. The company experienced a decline in revenue and earnings compared to the previous year, with a loss after tax of $1.2 million, primarily due to delays in key projects within the Detect segment. Revenue decreased to $14.1 million from $17.1 million the previous year. Despite this, the company made significant progress in various industry segments such as transportation, aviation, and sovereign border protection, with expectations of improved performance in the second half of FY2026. Key advancements included contracts for Aura Ai-X detection systems and strategic investments from Hale Capital to support U.S. expansion. The outlook for H2 FY2026 is optimistic, with several delayed projects expected to close and drive revenue growth.
Key Points
  • Revenue for H1 FY2026 was $14.1 million, down from $17.1 million the previous year.
  • Net loss after tax was $1.2 million compared to a net loss of $0.02 million in H1 FY2025.
  • AVA expects significant improvement in financial performance in H2 FY2026.
  • Key contracts and projects include Aura Ai-X systems for rail, aviation, and border protection.
  • Strategic investment from Hale Capital to support U.S. expansion.
  • Continuing partnership with Telstra in telecommunications for infrastructure protection.
  • Sales order intake for H1 FY2026 was $15.6 million, with a backlog of $7.8 million.
  • Gross margin remained stable at 64%, but EBITDA declined due to revenue shortfall.
  • Cash balance at 31 December 2025 was $2.7 million.
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.