• Revenues down 16.7% to $8.87 million
• Loss before tax down 61.3% to $2.045 million
• Cash position at $9.37 million, down from $16.53 million at June 2024
• Eight next-generation product launches expected in next six months

For the half-year period ended 31 December 2024, BirdDog Technology reported a loss after tax of $2.045 million, down 64.9% from the previous corresponding period. Revenue declined 16.7% to $8.87 million due to factors including ongoing regional conflicts and macro-economic conditions in the UK and Europe, and the impact of a camera trade-in program. Despite the challenges, the company was able to launch four of its twelve next-generation products during the half-year. The Group's cash position remains strong at $9.37 million, though this is down from $16.53 million at 30 June 2024 due to legal proceedings settlement, a share buyback, and office relocation costs. The Board and management's focus areas include selling out previous generation inventory, developing a smoother cadence for next-generation product launches, broadening market penetration, continued R&D investment, exploring commercialization options for the Remedi integrated hardware and software solution, strategic marketing and communications, and increasing the company's sales presence in the key US market. The company expects to launch the remaining eight next-generation products in the next six months, providing optimism for calendar 2025 and beyond.

The Group's eight next generation product launches (representing two-thirds of the next-generation product portfolio) are expected in the next six months subsequent to the half-year, which provides a strong level of optimism for the Group in calendar 2025 and beyond.