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AVA Risk Group Limited (ASX:AVA)

ALERT: Price-sensitive ASX Announcement for AVA
Current share price for AVA : $0.032 -0.034 (-51.52%)+
Announcement
Release
1 May 2026 9:46AM
Price at Release
$0.066
Full Release
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Summary
Ava Risk Group Limited reported a sales order intake of $6.1 million for Q3 FY2026, bringing the year-to-date total to $21.7 million. The company has a backlog of $6.2 million in orders, including $2.6 million in recurring revenue. A strategic investment with Hale Capital was completed, providing $7.0 million in growth capital. The company projects full-year revenue of $34 to $37 million, noting potential delays due to Middle East conflicts. Ava Risk Group is conducting trials for perimeter intrusion detection at Melbourne Airport and has an agreement with the Australia Department of Home Affairs for its technology. Additionally, the company is expanding its reach with Telstra and anticipates significant order closures in the Middle East and U.S. markets. The focus remains on leveraging partnerships, such as with dormakaba, to enhance U.S. distribution.
Key Points
  • Q3 FY2026 sales order intake was $6.1 million, with a year-to-date total of $21.7 million.
  • Sales order backlog is $6.2 million, with $2.6 million in contracted annual recurring revenue.
  • Completion of a $7.0 million strategic investment transaction with Hale Capital.
  • Full year revenue guidance is $34 to $37 million, with regional conflict affecting timing of orders.
  • Ava Risk Group leads a perimeter intrusion detection system trial at Melbourne Airport.
  • Agreement with the Australia Department of Home Affairs for border security applications.
  • Expansion with Telstra through a demonstration of Aura Ai-X across Australia.
  • Significant pipeline of orders expected in H2 FY2026 in the Middle East and energy sector.
  • Focus remains on growing U.S. distribution through the dormakaba network.
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.