• Revenue of $1.52m - up 111% on the previous quarter
• Net cash outflows of $338k, a 55% improvement on Q4 FY25
• Licensing agreement secured with Eastech (Huizhou) Co., Ltd. in China

Audeara Ltd (ASX: AUA) reported a strong start to FY26, delivering record quarterly revenue of $1.52 million, a 111% increase on the previous quarter. This was underpinned by ongoing momentum in the AUA Technology division and a 99% year-on-year increase in sales from the Australian wholesale channel. The company also achieved a 55% reduction in net cash outflows to $338k following the completion of targeted R&D investments in the prior quarter. Key highlights during the period included securing a licensing agreement with Eastech (Huizhou) Co., Ltd., a wholly owned subsidiary of Eastech Holding Limited, to integrate Audeara's proprietary hearing technology into products for the Chinese medical device market. Audeara also strengthened its international footprint by signing a distribution agreement with Eyear System Inc. to launch its Auracast-enabled products in Japan. The company continued to advance its Auracast initiatives, with the technology being used to enhance accessibility in education, the arts, and global advocacy. Audeara also received multiple award nominations and subsequent wins, further cementing its position as an Australian innovator in hearing health. Looking ahead, the company remains focused on scaling its global partnerships and Auracast opportunities while maintaining cost discipline to advance towards cashflow breakeven.

Audeara expects to continue its focus on Australian wholesale channels and cost controls to advance its path towards cashflow breakeven. The company also anticipates advanced negotiations for follow-on orders from major AUA Technology partners, as well as new groups and new Auracast opportunities, which are expected to provide high-scale growth opportunities.

Audeara remains focused on further strengthening its Australian wholesale channels, while maintaining disciplined cost controls as it advances towards its stated strategy of cashflow breakeven. The company will also continue to advance negotiations with key AUA Technology partners for additional purchase orders and pursue initiatives to broaden Auracast uptake, which present significant avenues for scalable growth both domestically and internationally.