• Q1 sales order intake of $9.0 million
• Sales order backlog of $7.5 million including $2.6 million in contracted annual recurring revenue
• Continued progress on key projects in telecommunications, transportation and aviation sectors

Ava Risk Group Limited (ASX: AVA) has provided a Q1 FY2026 trading update, reporting a sales order intake of $9.0 million during the quarter, up from $8.9 million in the previous year. The order backlog at the end of Q1 stood at $7.5 million, which includes $3.9 million in equipment orders for project delivery expected in H1 FY2026 and $2.6 million in annual recurring revenue from multi-year service contracts. The company highlighted continued progress on key projects in the telecommunication, transportation and aviation sectors. In the Detect segment, the company received a $1.2 million contract from Siemens Limited for the supply of Ava's Aura Ai-X detection systems to monitor and identify risks for a major Australian infrastructure project, building on the previous success in delivering fibre sensing technology to the Sydney Metro project. The company also received orders for North American corrections facilities and U.S. government sites, as well as a contract for border protection in Latvia and orders for critical energy infrastructure in eastern Europe. In the Access segment, sales order intake for Q1 FY2026 was $1.0 million, driven by activity in the Asia Pacific and Europe. In the Illuminate segment, total Q1 sales order intake was $1.5 million, up 7% on the previous year, driven by improved orders from key customers and continued ordering from key distributors in North America. The company expects to see further growth in sales order intake in Q2 as it converts opportunities and closes other orders carried over from FY2025.

First half revenue guidance of $17.0 million to $18.2 million, dependent on timing of program-based orders in Q2. The company expects to be EBITDA positive in the first half of FY2026.

The sales opportunity pipeline remains strong, and the company expects to see further growth in sales order intake in Q2 as it converts opportunities and closes other orders carried over from FY2025. The company continues to pursue opportunities in the transportation, aviation, and sovereign border protection sectors, as well as with global telecommunications providers.