• Revenue up 5% underpinned by improved Detect performance
• Increased Gross Margin with Detect revenue driving gross margin improvement
• Growing Recurring Revenue of $2.6m, up 30% compared to prior year

AVA Risk Group Ltd reported a 5% increase in revenue to $31.7m in FY2025, driven by improved performance in the Detect segment. Gross margin increased to 64% from 60% in the prior year, and recurring revenue grew 30% to $2.6m. EBITDA turnaround on a reduced and scalable cost base, up $3.0m to positive $2.1m. The company ended the year with $5.6m in cash, well-funded for growth. Key growth metrics include a sales opportunity pipeline greater than $88.5m with expected close dates in FY2026, and 30% growth in annual recurring revenue. The company continues to invest in its market-leading technologies, particularly the Aura Ai-X platform, and has expanded its partnerships with high-profile global companies like Telstra, UGL, Siemens, and dormakaba. AVA Risk Group is well-positioned as a global leader in smart security and sensing technologies, with a strong competitive position underpinned by its IP, OEM and distribution relationships, and wealth of data for machine learning.

Expected revenue growth of 20%+ in FY2026 based on strong sales pipeline, with gross margin expected to be maintained at around 64% and EBITDA margin for FY2026 expected to be in double digits.

The company sees substantial opportunity remaining in its core markets to drive growth throughout FY2026, leveraging its scalable cost base and strong competitive advantages in leading technology, global opportunity, and trusted customer relationships.