Q3 FY2026 Trading Update
| Stock | AVA Risk Group Ltd (AVA.ASX) |
|---|---|
| Release Time | 1 May 2026, 9:46 a.m. |
| Price Sensitive | Yes |
AVA Risk Group Reports Q3 FY2026 Trading Update
- Q3 sales order intake of $6.1 million, year-to-date sales order intake of $21.7 million
- Sales order backlog of $6.2 million including $2.6 million in contracted annual recurring revenue
- Completed $7.0 million strategic investment from Hale Capital with up to $5.6 million in associated Warrants
AVA Risk Group Limited (ASX: AVA) provided an update on its Q3 FY2026 trading performance and recent milestones. The company reported Q3 sales order intake of $6.1 million, resulting in year-to-date sales order intake of $21.7 million. The sales order backlog stood at $6.2 million, including $2.6 million in contracted annual recurring revenue, consisting of equipment orders and multi-year service contracts. The company also completed the transaction with Hale Capital to secure a strategic investment of $7.0 million via Convertible Loan Notes and up to $5.6 million via associated Warrants. The investment provides the company with growth capital and a highly aligned strategic partner to support its U.S. expansion. The company provided full year revenue guidance of $34 to $37 million, reflecting some uncertainty on the timing of orders, particularly from the Middle East, driven by the current regional conflict. Key industry segment and geographic updates include successful trials of the company's fibre optic sensing technology at Australian airports, an agreement with the Australia Department of Home Affairs recognizing the company's solutions for government border security applications, continued expansion of the company's strategic footprint with Telstra, and a significant pipeline of orders expected to close in H2 FY2026 in the Middle East and the U.S. The company is actively engaged in the CEO search process, which is expected to be finalized in H2 FY2026.
Full year revenue guidance of $34 to $37 million for FY2026.
The focus in Q4 FY2026 is to close and fulfill the significant sales pipeline opportunities, particularly in the Middle East and North America. The company is actively engaged in the CEO search process, which is expected to be finalized in H2 FY2026.