Ava Risk Group reports $28.8M FY26 revenue
- Ava Risk Group reported group revenue of $28.8 million for FY26, down from $31.7 million in FY25 due to delayed project orders.
- The company maintained a stable gross margin of 63%, while underlying EBITDA fell to $0.1 million.
- Strategic funding of $7 million from Hale Capital was secured to support international expansion in key growth regions.
Ava Risk Group (ASX:AVA) recorded total group revenue of $28.8 million for the financial year ended June 30, dropping from $31.7 million in the previous year as major project orders moved into FY27.
The result reflects lower customer procurement activity across international markets, contrasting with sales order intake that reached $29.4 million.
“FY26 did not deliver the financial outcome we expected. Several significant project orders moved into FY27, constraining reported revenue and earnings. Importantly, the underlying strategic position strengthened materially during the year,” said Ava Risk Group Chairman David Cronin.
To bolster capital and international deployment, the business secured $7 million via convertible loan notes from Hale Capital, alongside potential future funding of up to 5.6 million via associated warrants.
The company also appointed Bryant Henson as Group CEO on Aug. 24 to lead its technology expansion in global infrastructure markets.
Following the announcement, the Ava Risk Group share price was down at $0.045.
The group operates security technology divisions spanning fibre sensing, access control, and illumination systems across defence and critical infrastructure sectors.
Management confirmed that sales momentum remains backed by commercial teams in the United States, South-East Asia, and India to support revenue growth in FY27.
