• Q2 sales order intake of $6.6 million, resulting in H1 sales order intake of $15.6 million
• Expected H1 FY2026 revenue of $14.0 million, below guidance due to delayed orders
• H2 revenue guidance of $23.0 to $26.0 million, resulting in full year revenue of $37.0 to $40.0 million
• Secured strategic investment of up to $12.6 million from Hale Capital

Ava Risk Group Limited (ASX: AVA) provided an update on its Q2 FY2026 trading performance. The company reported Q2 sales order intake of $6.6 million, resulting in H1 sales order intake of $15.6 million. However, expected H1 FY2026 revenue is $14.0 million, below the previous guidance range, due to delays in a number of orders now expected to be received in Q3 FY2026. The company expects a significant improvement in H2 revenue, forecasting $23.0 to $26.0 million, resulting in full year revenue of $37.0 to $40.0 million. The increase in H2 revenue is due to the expected fulfilment of orders delayed from H1 and some key large program orders expected in H2. Ava Risk Group also announced the execution of binding agreements with Hale Capital to secure a strategic investment of up to $7.0 million via a Convertible Loan Note and up to $5.6 million via associated Warrants. The investment will provide the company with growth capital and a highly aligned strategic partner to support its U.S. expansion.

H2 revenue guidance of $23.0 to $26.0 million, resulting in full year revenue of $37.0 to $40.0 million.

The company remains confident of the underlying demand and expects the delayed orders to be received and fulfilled in H2. Additionally, the company has progressed a number of large program tenders which are expected to be finalised as sales orders in H2.