• Q2 Product Sales Revenue of $4.2m (+24% vs. pcp)
• Q2 Total Sales $4.3m (+ 21% vs. pcp)
• Underlying NPAT $0.12m (+25% vs. pcp)

Advanced Braking Technology Ltd (ABT) presented its quarterly activities report for the period ended 31 December 2024. The company continued its growth trajectory in the second quarter of FY25, with a 24% increase in revenue compared to the prior comparable period. ABT also saw strong performance in profitability with a 25% increase in net profit, evidencing sustained improvements in productivity. This was achieved through tactical business development combined with ongoing operational efficiencies, resulting in increased operating leverage and a higher return on invested equity (ROE). The company's international revenue continued to perform, driven by strategic engagement with blue-chip customers in North America, Southeast Asia, and North Asia. ABT also commenced the 2025 calendar year with unprecedented levels of deal activity and opportunities across various regions globally. The company announced the launch of BrakeiQ, a cutting-edge automatic braking system designed to 'plug and play' with Collision Avoidance Systems (CAS) for vehicle fleets, as part of its strategy to grow its reach globally.

ABT is targeting full-year revenue growth in FY25, driven by continued success in the expanding Asian, African and American markets and growing demand for its technology-led safety solutions.

The CEO is optimistic about the company's growth prospects, particularly in the expanding Asian, African and American markets and the growing demand for technology-led safety solutions. ABT has a strong pipeline of new products and strategic partnerships that will drive continued success.