• 27% revenue growth driven by strong demand for SIBS Failsafe safety systems
• 62% increase in NPAT to $0.54m, with stable gross profit margins of 48.7%
• Robust cash balance of $4.1m, supporting growth and innovation

Advanced Braking Technology Ltd (ASX: ABT) has reported its half-year results for the six-month period to 31 December 2025 (FY26 H1), delivering a record financial performance. The company's revenue grew 27.2% to $11.0m, driven by strong demand for its SIBS Failsafe safety systems, with new brake sales up 25.8% and spares and consumables up 28.4%. ABT's profitability also improved significantly, with NPBT increasing 62% to $0.74m and NPAT rising 62% to $0.54m. This was achieved through disciplined cost management and effective working capital control, while maintaining stable gross profit margins of 48.7%. The company's balance sheet remains robust, with cash and cash equivalents reaching $4.1m, up 44.1% from the prior corresponding period. This provides ABT with the flexibility to continue investing in growth and innovation. Strategically, the company has made solid progress in executing its growth roadmap, with increasing adoption of its safety-critical braking solutions across domestic and international markets. International expansion delivered strong results in key regions, including Canada, Mongolia, and Europe, while domestic demand remained robust. The successful deployment of ABT's SIBS Failsafe systems at Rio Tinto's Oyu Tolgoi operation in Mongolia and the mandate secured from MMG's Dugald River mine highlight the company's growing recognition as a trusted partner to Tier-1 mining customers. The company is also making progress in the development of its autonomous braking technology, with the SIBSiQ (CAS9 feasibility project) and the market channel development of BRAKEiQ, supporting its long-term technology roadmap.

ABT expects to continue delivering growth across domestic and international markets for the remainder of FY26 and beyond, supported by strong operational momentum, disciplined cost and cash management, and a robust balance sheet.

ABT operates in the underground mining sector, where long-term growth is underpinned by a structural supply-demand imbalance. The company will continue expanding its international supply chain, growing its installed footprint, and engaging with customers globally. Development of the SIBSiQ autonomous braking system is also progressing strongly, extending the company's safety offering to support lower-risk autonomous operations.