• Challenging H1 FY26 with delays to key projects impacting revenue
• Strong growth catalysts in each segment, including Aura Ai-X, LoRa, and access control products
• Expected improved performance in H2 FY2026 with $80M pipeline and large program orders

Ava Risk Group, a global leader in smart security and sensing technologies, has reported its H1 FY26 results. The company faced a challenging first half, with total revenue and income down 17% to $14.1M due to delays in key projects across the Detect segment. This resulted in an EBITDA loss of $0.2M, down $1.8M on the previous year. However, the company has a strong sales order backlog of $7.8M, including $2.6M in contracted annual recurring revenue. Looking ahead, Ava has identified strong growth catalysts across its Detect, Illuminate, and Access segments. This includes success with selling combined solutions, expansion in North America and Asia Pacific, and continued development of its Aura Ai-X platform which is setting the standard in critical infrastructure protection. The company expects improved performance in H2 FY2026, with a total pipeline of around $80M and several large program orders expected to close. Full year revenue guidance is $37M to $40M.

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

The company expects improved performance in H2 FY2026 driven by a strong $80M pipeline and several large program orders expected to close.