• Positive operating cash flows delivered for the quarter
• Higher operating cash spend driven by strong trading
• Strategic review of NZ operations underway

AVADA Group Limited (ASX: AVD, 'AVADA' or 'the Company') and its controlled entities ('the Group') has provided its quarterly activities report, together with its Appendix 4C, for the three-month period ended 30 June 2025. The key highlights include positive operating cash flows delivered for the quarter, higher operating cash spend driven by strong trading, and a strategic review of the New Zealand operations underway. The trading performance during the June quarter aligned with re-forecast expectations, and the continued focus on operational efficiencies led to an increase in net operating cash flow for the quarter compared to the previous quarter. The New Zealand economy remains under pressure, and a recent management restructure has successfully reduced overheads, with additional cost-saving initiatives identified for FY26. The Group continues to centralize and consolidate core operating systems, with the first phase of the finance system implementation now completed, expected to drive further efficiencies and enhance productivity in FY26. The Company also continued its deleveraging strategy, repaying an additional $3.4 million in debt during the quarter.