• Record revenue of $23.5m, a 22.7% increase from FY25
• Underlying EBITDA increased by 37.5% to $2.2m
• Gross margin improved to 49.3% from 48.0%
• Cash and cash equivalents surged by 95.7% to $5.6m
• Working capital increased by 37% to $11.9m

Advanced Braking Technology Ltd (ASX: ABV) reported a strong FY26 performance with record revenue of $23.5 million, a 22.7% increase from FY25. The company achieved an underlying EBITDA of $2.2 million, up 37.5% from the previous year, and improved its gross margin to 49.3% from 48.0%. Cash and cash equivalents increased by 95.7% to $5.6 million, while working capital rose by 37% to $11.9 million. The company expanded its global reach, particularly in North America, Africa, Asia, and the Middle East, and strengthened its customer engagement and recurring revenue. It also advanced its innovation with the successful certification of BRAKEiQ and SIBSiQ technologies. Looking ahead to FY27, ABV aims to deepen market presence, grow lifecycle revenue, commercialize next-generation technologies, scale its operating platform, and pursue strategic growth opportunities.

FY27 revenue expected to grow, underlying EBITDA to improve, gross margin to remain stable

ABV enters FY27 with a strengthened operational and financial position, aiming to build on FY26 achievements and deliver sustainable earnings growth.