• Sales order intake of $6.5 million in Q3, resulting in year-to-date sales order intake of $22.8 million
• Strong sales opportunity pipeline to support acceleration in growth in Q4 sales order intake
• Confirmed sales order backlog of $7.4 million, including $2.5 million in contracted annual recurring revenue

Ava Risk Group Limited (ASX: AVA) has provided a Q3 FY2025 trading update, reporting solid sales order intake of $6.5 million during the quarter, resulting in year-to-date sales order intake of $22.8 million. The company noted a strong sales opportunity pipeline to support acceleration in growth in Q4 sales order intake, with a number of significant orders expected to close in Q4. Ava Group CEO Mal Maginnis commented that sales order intake during Q3 was slightly softer than expected due to some geopolitical instability in key markets, but the sales opportunity pipeline remains strong and he is optimistic about Q4 activity. The company continued to support UGL with the Sydney Metro project during Q3 and expects to close a number of other transport infrastructure projects in Q4. Ava Risk Group's Detect segment recorded Q3 sales order intake of $3.8 million, up 18% on the previous year, while the Access segment recorded Q3 sales order intake of $0.8 million and the Illuminate segment recorded strong Q3 order intake of $1.8 million, up 17% on the previous year. At the end of Q3 FY2025, the company carried an order backlog of $7.4 million, including $2.5 million of annual recurring revenue associated with multi-year service contracts. The company also received an order in Q4 from Telstra Corporation Limited for an Aura Ai-X system to be deployed to protect a subsea cable in Australia, representing a major milestone in the company's strategy to grow revenue, increase market share and expand into new market adjacencies.

The company provides revenue guidance for the second half of FY2025 in the range of $18 million - $21 million, with the range dependent on the timing of project delivery.

The company is confident in delivering solid growth in revenue and EBITDA in FY2025, with the telecommunications sector expected to provide significant growth both in Australia and internationally.