Advanced Innergy reconfirms FY26 guidance

Advanced Innergy (ASX:AIH) reconfirmed its full-year financial guidance for FY26, backed by a record orderbook that promises strong revenue performance in the second half of the fiscal year.

Reporting its financial results for the six months ended March 31, the company announced a first-half revenue of $157.9 million, representing a 2.4% decline compared to H1 FY25 due to specific project delivery schedules.

Despite the slight revenue dip, the company achieved an outstanding 36.8% gross margin, marking an 11.4% increase from the previous year.

AIH's record orderbook reached $239 million, a substantial 33% growth year-on-year, providing robust visibility for upcoming H2 operations.

Underlying EBITDA for the period stood at $24.7 million, down 9.6%, impacted by H2 revenue weighting and higher base operating and public listing costs.

Full-year guidance remains firmly on track with expected revenue of $387.9 million and an underlying EBITDA of $62.3 million.

AIH advanced its strategic mergers and acquisitions, expanding into the high-growth aquaculture market through the Imenco Aqua acquisition and entering a scheme implementation deed with Matrix Composites & Engineering.

AIH secured a major multi-year electric vehicle battery protection framework agreement with a global automotive manufacturer, validating its innovative potting foam solution and laying a solid foundation for structural growth in the global EV market.