Key points
- Annual Recurring Revenue (ARR) increased 50% to $36.0M
- Technology revenue increased 9% to $44.8M
- Group gross margin increased by 4 percentage points to 73%
- Total revenue was $60.2M, down 7% from FY25
- Adjusted EBITDA improved to $2.1M for FY26
Full summary
AI-Media Technologies Limited (ASX: AIM) reported its financial results for the year ending 30 June 2026. The company saw a 50% increase in Annual Recurring Revenue (ARR) to $36.0M, with a gross margin of 85%. SaaS revenue increased by 42% to $34.1M, while technology revenue grew 9% to $44.8M, representing 74% of Group revenue. The company's gross margin improved by 4 percentage points to 73%. Total revenue was $60.2M, down 7% from the previous year, reflecting the planned reduction in legacy Services revenue and lower Hardware revenue. Adjusted EBITDA improved to $2.1M for FY26, with a full-year EBITDA loss of $0.3M. The company retained all of its top 20 customers for a fifth consecutive year and expanded to 46 countries, adding 9 markets during FY26.
Guidance
Guidance on FY27 ARR will be provided at the Annual General Meeting on 30th September 2026.
Outlook
AI-Media plans to focus on scaling LEXI Text, converting the installed encoder base, commercialising LEXI Voice, and demonstrating customer adoption across the broader LEXI product suite.