• Revenue from continuing operations down 58% to $44.1m
• Underlying EBITDA loss of $13.3m, compared to $1.0m loss in prior period
• Divestment of EM Solutions subsidiary completed, resulting in $90.5m gain

Electro Optic Systems recorded revenue from continuing operating activities of $44.1m, representing a $61.4m or 58.2% decrease on the prior corresponding period. The loss after tax from continuing operations was $44.8m, compared to a loss of $10.8m in the prior corresponding period. Underlying earnings before interest, taxes, depreciation, and amortisation ('Underlying EBITDA') from continuing operations was a loss of $13.3m for the half-year, compared to an Underlying EBITDA loss of $1.0m in the prior corresponding period. The divestment of EM Solutions Pty Limited and its subsidiary (together 'EMS') was completed on 31 January 2025, with gross divestment proceeds of $160.0m received after final customary adjustments during the half-year ended 30 June 2025. The divestment of EMS resulted in a gain on sale of $90.5m. The Group's total net profit before tax was $46.1m (loss of $45.2m from continuing operations, and profit of $91.3m from discontinued operations), representing an increase of $49.6m. The total Group's net assets position was $268.0m at 30 June 2025, an increase of $48.5m from the net assets position of $219.5m at 31 December 2024.