• 27% increase in net product sales revenue to $18.7 million
• 36.26% increase in Net Profit After Tax to $1.78 million
• Successful launches of BRAKEiQ and Failsafe Sealed Integrated Brake System

Advanced Braking Technology Ltd (ASX: ABV) has reported an outstanding performance for the fiscal year 2025, demonstrating robust growth across all facets of the business. The company's total product sales revenue reached $18.7 million, a 27% increase on the prior comparable period, reflecting sustained demand and effective business development. Net Profit After Tax (NPAT) grew by 36.26% to $1.78 million, while underlying NPAT (excluding R&D tax income rebate) increased by 87% to $1.05 million, highlighting the significant improvement in the company's core operating profitability. ABT's cash position also strengthened, with cash and cash equivalents reaching $2.88 million, a 19.4% increase. During the year, the company successfully launched its cutting-edge autonomous braking system, BRAKEiQ, and the Failsafe Sealed Integrated Brake System (SIBS) for the popular Toyota Hilux light vehicle, expanding its product portfolio and revenue potential. The company also made substantial progress in expanding its global footprint, with international revenue increasing by 47% driven by successful strategic market activation in regions including Canada, Indonesia and Mongolia. ABT's commitment to operational excellence was further validated by gaining and maintaining a range of ISO accreditations, demonstrating its adherence to internationally recognised standards for quality, risk and environmental management.

For FY26, ABT expects to continue its strong growth trajectory, driven by the unprecedented revenue pipeline for its SIBS product internationally and the continued market development of BRAKEiQ. The company remains focused on prioritising innovation as a key driver for future growth, anticipating broader applicability of its technologies to a wider array of vehicles, thereby creating new revenue opportunities and expanding its installed base.

The global underground mining sector, a key focus for ABT, is experiencing strong growth, driven by increasing demand for critical minerals and the imperative for enhanced safety and automation in deeper, more complex operations. This robust market growth provides a significant tailwind for ABT's strategic expansion. The company is well-positioned to leverage its failsafe braking technology and the emergence of autonomous mining operations, as its solutions provide the critical, reliable stopping power essential for the safe and effective deployment of autonomous safety.