December Quarter Activities Report and Appendix 4C
| Stock | Advanced Braking Technology Ltd (ABV.ASX) |
|---|---|
| Release Time | 16 Jan 2026, 8:19 a.m. |
| Price Sensitive | Yes |
Advanced Braking Technology Reports Strong Q2 FY26 Results
- Product Sales Revenue of $5.6m for Q2 FY26, up 34% on prior corresponding period
- Reported NPBT for Q2 expected to be $0.35m, up 191% on prior corresponding period
- Achieved Gross Margins of 48.3% for Q2
Advanced Braking Technology Ltd (ABT) has reported its quarterly activities for the period ended 31 December 2025 (Q2 FY26). Q2 saw a continued strategic emphasis on international market penetration, leveraging ABT's reputation as a key provider of safety-critical braking solutions for the global mining industry. Domestically, ABT achieved over 70% growth in sales revenue in Q2 supported by a strong pipeline, including a mandate for FailSafe brakes from MMG Dugald River, one of the world's top 10 zinc operations. Reported revenue increased by 34% versus the prior corresponding period, with new brake revenue increasing 52% and spares and consumables growing 12%. The company's cash and cash equivalents at the end of the period were $4.14m, representing a 44% increase versus the FY25 end balance. ABT's Managing Director and CEO, Andrew Booth, commented on the strong performance, highlighting the company's ability to convert its strategic roadmap into robust financial results and the growing global demand for its safety-critical braking solutions.
For Q2 FY26, ABT reported an expected net profit before tax of $0.35m, representing 191% growth on the prior corresponding period. The company achieved gross margins of 48.3% for the quarter.