Quarterly Activities Report and Appendix 4C

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Stock Advanced Braking Technology Ltd (ABV.ASX)
Release Time 9 Apr 2025, 8:18 a.m.
Price Sensitive Yes
 Advanced Braking Technology Ltd reports Q3 results
Key Points
  • Q3 Product Sales Revenue of $4.7m (+31% vs. pcp)
  • Q3 Total Sales $4.8m (+ 29% vs. pcp)
  • Underlying EBITDA $0.5m (+42% vs. pcp)
Full Summary

Advanced Braking Technology Ltd (ABT) has presented its quarterly activities report for the period ended 31 March 2025. The company's robust Q3 performance was underpinned by strong demand across its key product lines and successful penetration into new and existing export markets. Q3 Product Sales Revenue increased by 31% to $4.7m, while Total Sales grew by 29% to $4.8m compared to the previous corresponding period. Underlying EBITDA increased by 42% to $0.5m, and Underlying NPAT grew by 53% to $0.36m. The company's strategic focus on key export markets, including Indonesia, Mongolia, Canada, Tanzania, Cote D'Ivoire, Netherlands, and PNG, has driven strong positive revenue growth results, with Canada being ABT's largest export market. The company continues to prioritize innovation as a key driver of future growth, with notable progress in the market development of BrakeIQ and the ongoing development of collision prevention capabilities for BrakeSafe Failsafe in light vehicles.

Guidance

The company reported a +47% surge in export revenue for the financial year to date, demonstrating the global demand for its safety-critical solutions.

Outlook

ABT is particularly encouraged by the strong performance in key markets such as Indonesia and Mongolia, and the advancements being made in its innovation pipeline, including BrakeIQ and autonomous braking capability development, which are aimed at future-proofing the company for the technology roadmap ahead.