• Record half-year revenue of $11.1m, up 27% vs prior period
• Net profit after tax (NPAT) up 62% to $0.54m
• Cash balance increased 44% to $4.1m, supporting growth and resilience

Advanced Braking Technology Ltd (ABT) has reported a strong financial performance in the first half of FY26, with record revenue, increased profitability, and a robust balance sheet. The company's revenue grew by 27% to $11.1 million, driven by strong demand for its SIBS Failsafe safety systems. Net profit after tax (NPAT) increased by 62% to $0.54 million, and the company's cash balance grew by 44% to $4.1 million, supporting its growth and resilience. ABT's operational highlights include the successful deployment of SIBS Failsafe for JCB Telehandlers at Rio Tinto's Oyu Tolgoi copper operation in Mongolia, as well as securing a mandate to supply Failsafe brakes to MMG's Dugald River mine in Queensland. The company continues to advance its technology development, with progress on SIBSiQ (CAS9 feasibility) and BRAKEiQ market channel development. ABT's growth strategy is focused on driving mining market penetration, diversifying its SIBS applications, and investing in innovation and strategic partnerships to support long-term sustainable growth.

ABT is well-positioned to capitalize on the large global addressable market, driven by positive long-term industry growth drivers such as increasing demand for minerals, the move towards autonomous 'zero-entry' mines, and increasing regulatory requirements in high-risk environments. The company's efficient business model, with a focus on disciplined cost control and supply chain optimization, supports its ability to scale and increase operating leverage. ABT is committed to delivering sustainable earnings growth to shareholders.