Key points
- LEXI Text revenue drove the 42% increase in SaaS to A$34M
- LEXI suite expanded with new AI-native products
- Technology revenue grew 9% to $44.8M, 74% of total revenue
- Adjusted EBITDA improved to $2.1M in FY26
- Cash balance increased to $15.9M with no external debt
Full summary
Ai-Media Technologies presented its FY26 results, highlighting a 42% increase in SaaS revenue to A$34M, driven by LEXI Text. The company completed the transition of its core captioning infrastructure to AI-native delivery and expanded its platform to include live dubbing, audio description, and recorded-media workflows. Technology revenue grew 9% to $44.8M, representing 74% of total revenue. The company also reported adjusted EBITDA of $2.1M and a cash balance of $15.9M with no external debt. Looking ahead, the company plans to scale its recurring core, convert its installed encoder base, and commercialize its broader LEXI platform.
Guidance
FY26: Total Revenue $60.2M, SaaS Revenue $34.1M, Adjusted EBITDA $2.1M
Outlook
FY27 focus on recurring revenue growth, leverage, and cash generation. Expansion of LEXI suite and conversion of installed base to new infrastructure.