• Revenue down 2.9% to $31.8 million
• EBITDA down 64.6% to $664,000
• Loss after tax up 120.1% to $2.66 million

Ai-Media Technologies Limited (ASX: AIM), a global provider of technology-driven captioning, transcription and translation services, has reported its financial results for the half-year ended 31 December 2024. Revenue for the period was $31,787,000, down 2.9% from the prior half-year (31 December 2023: $32,727,000). The decrease in revenue was due to an acceleration in the decline of the labour-intensive legacy services business, while higher margin technology-based Software as Service (SaaS) revenue continues to grow. EBITDA for the Group was a profit of $664,000, down 64.6% from the prior half-year (31 December 2023: profit of $1,877,000). The decrease in EBITDA was driven by one-off restructuring costs and additional investment into product development and go-to-market resources. The loss for the Group after providing for income tax amounted to $2,661,000, an increase of 120.1% from the previous half-year (31 December 2023: loss of $1,209,000). The directors have assessed that based on the Group's position, it is appropriate to prepare the financial report on a going concern basis.