March 2026 Quarter Activities Report and Appendix 4C
| Stock | Advanced Braking Technology Ltd (ABV.ASX) |
|---|---|
| Release Time | 22 Apr 2026, 8:15 a.m. |
| Price Sensitive | Yes |
Advanced Braking Technology Ltd reports strong Q3 FY26 results
- Product Sales Revenue of $6.0m for Q3 FY26, up 28% on prior corresponding period
- Reported NPBT for Q3 expected to be $0.37m and YTD $1.1m (+60.3% pcp)
- Achieved Gross Margins of 49.1% for Q3 up 0.4% on pcp
Advanced Braking Technology Ltd (ABT) is pleased to report its quarterly activities report for the period ended 31 March 2026 (Q3). ABT delivered record revenue growth in Q3, characterised by a 28% increase in product sales revenue to $6.0 million. This performance was underpinned by a robust sales pipeline and strong order intake momentum validating the global demand for the Company's safety-critical braking solutions across mining operations. A continued focus on disciplined operating cost management allowed the Company to maintain strong Gross Margins of 49.1% for the quarter and generate $0.37 million Net Profit before Tax (NPBT). A key highlight of the quarter was the strategic shift toward an aftermarket growth model with Spares and Consumables revenue surging by 52% to $3.10 million. This growth is a direct result of ABT's expanding global installed SIBS (Sealed Integrated Braking System) base and the successful trial of the Company's brake refurbishment programs in Australia in a strategic move to become a long-term partner in the operational lifecycle of client mining fleets. ABT's strategic innovation focus in the Collision Avoidance Systems (CAS) space offers significant growth opportunity and further strengthens the Company position as a leading safety OEM brand in the mining market through increasing applications.
Product Sales Revenue of $6.0m for Q3 FY26, up 28% on prior corresponding period. Reported NPBT for Q3 expected to be $0.37m and YTD $1.1m (+60.3% pcp).
ABT's strategic emphasis on international expansion continues to gain traction, with key engagements in North America and South Africa this quarter validating the Company's growth roadmap and demonstrating its operational model and technology integration capabilities to facilitate the continued scaling of its international market presence.