BDT March 2025 Quarterly Activities Report & Appendix 4C

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Stock Birddog Technology Ltd (BDT.ASX)
Release Time 30 Apr 2025, 8:48 a.m.
Price Sensitive Yes
 BDT March 2025 Quarterly Activities Report & Appendix 4C
Key Points
  • Completed launch of 3 more next-generation products
  • Successful NAB Show with new products driving record booth traffic
  • Q3 FY25 sales of A$3.6m, marginally down 4.1% from pcp
  • Maintained strong balance sheet with A$8.5m cash at 31 March 2025
Full Summary

BirdDog Technology Limited (ASX: BDT), the global leader in broadcast quality, software-enabled video solutions, provided an update on its operations and financial performance (unaudited) for the quarter ended 31 March 2025 ('Q3 FY25'). The company completed the launch of three more of its next-generation products, and with two more next-generation products launched in April 2025 at the NAB Show, BirdDog is now three-quarters of the way through delivering its next-generation product roadmap. The company enjoyed its most successful NAB Show ever, with the new next-generation products driving record numbers to the BirdDog booth. Q3 FY25 sales were A$3.6m, marginally down - by 4.1% - compared to the previous corresponding period in FY24. BirdDog's next-generation product quality and reliability remains high and much better than industry standards. The company also implemented a head-count reduction of five that, in addition to the office relocation, embedded a further A$1.0m+ of annual overhead cost reductions. BirdDog successfully deployed a range of tariff mitigating measures to reduce the impact of the multiple, additional USA tariffs announced. The company maintained a strong balance sheet, recording a cash balance of A$8.5m at 31 March 2025.

Outlook

The company is energised by being three-quarters of the way through delivering the industry's most complete product offering that will be in market well before the end of this 2025 calendar year. This in turn drives next-generation product portfolio revenues from its traditional audio-visual markets and also corporate, education, medical and consumer markets.