Ava Risk Group Limited (ASX: AVA) (“Ava” or “the Company”) announces its half year results for the six months
ended 31 December 2025.
Highlights
- Group revenue of $14.1 million, down from $17.1 million in the previous corresponding period (pcp),
reflecting delays in major Detect segment projects now expected in H2 FY2026 - Sales order intake of $15.6 million with continued progress in key verticals – sovereign border protection,
airport perimeter protection, and transportation - Group Underlying EBITDA of ($0.2 million), driven by the shortfall in revenue, expected to improve in H2
- Sales order backlog of $7.8 million, including $2.6 million in contracted annual recurring revenue.
- Cash balance of $2.7 million at 31 December 2025
- Secured strategic investment from Hale Capital, of up to $7.0 million via Convertible Loan Note and up to
$5.6 million via associated warrants, providing the Company with growth capital to support U.S. expansion.
Revenue was softer than expected driven by delays to some key orders that are now expected to be received in H2
FY2026. The Company remains focused on developing its sales opportunity pipeline in key industry verticals and
growing its recurring revenue base.
Read full H1 FY2026 Results Announcement