• ARR increased 38% to $5.2M with positive cash EBITDA and $2.2M cash at bank
• Delivered multiple new council wins and enterprise contract extensions
• Strengthened platform capabilities through major AI and product releases

Asset Vision, a leading provider of enterprise asset management (EAM) SaaS solutions, has reported its financial results for the first half of 2026. The company achieved 38% growth in Annual Recurring Revenue (ARR) to $5.2M, driven by new council wins and enterprise contract extensions. Asset Vision maintained positive cash EBITDA and ended the period with $2.2M in cash at bank, a 121% increase compared to the prior corresponding period. The company continued to invest in product development, with major platform and AI releases that strengthened its market fit and customer outcomes. Asset Vision's experienced leadership team, including co-founders Damian Smith and Lucas Murtagh, along with a skilled board of directors, have positioned the company for sustained growth. The company is focused on key priorities such as enhancing its platform, driving ARR growth, strengthening its brand, aligning financial performance with SaaS benchmarks, and pursuing strategic acquisitions to expand its market reach.

Asset Vision reported 38% ARR growth to $5.2M in 1H 2026, with positive cash EBITDA. The company is targeting continued ARR growth, operational efficiency, and margin expansion in the 2027-2028 financial years.

Asset Vision is well-positioned for future growth, with a clear pathway from repeatable domestic expansion to global, platform-enabled growth. The company plans to invest in sales, marketing, and delivery capacity to accelerate enterprise-scale deployments across new asset classes and international markets.