• ARR grew 38% to $5.2M, driven by new council wins and enterprise contract extensions
• Rule of 40 at 55, reflecting strong growth with positive cash EBITDA
• $2.2M cash at bank, up 121% YoY, providing capacity to continue investing in growth

Asset Vision Co Ltd has reported its 1H 26 results, highlighting strong growth and financial performance. The company's Annual Recurring Revenue (ARR) grew 38% year-over-year to $5.2 million, driven by new council wins and enterprise contract extensions. Asset Vision's Rule of 40 metric, which combines growth and profitability, stood at 55, reflecting the company's ability to deliver strong growth with positive cash EBITDA. The company ended the period with $2.2 million in cash at bank, up 121% compared to the prior corresponding period, providing capacity to continue investing in growth. Key highlights include major platform and AI releases that strengthened market fit and customer outcomes, as well as multiple councils and a water utility expanding Asset Vision's footprint across critical infrastructure. The company also made key hires across marketing and delivery, while maintaining 100% staff retention. Looking ahead, Asset Vision has outlined seven key priorities for FY26, including continuously enhancing its platform through R&D, delivering ARR growth, strengthening its brand and demand generation, aligning financial performance with SaaS benchmarks, working with solution partners, attracting and retaining top talent, and pursuing strategic acquisitions.

Asset Vision reported ARR of $5.2 million in 1H 26, up 38% year-over-year. The company also achieved positive cash EBITDA during the period.

Asset Vision has outlined a clear pathway from repeatable domestic growth to global, platform-enabled expansion. The company is focused on building sales and leadership capacity ahead of demand, proactively scaling sales and delivery capacity to accelerate enterprise ARR growth, and expanding margins as revenue scales faster than cost growth.