Asset Vision Co (ASV) investor relations material

Executive summary

• Achieved 38% year-over-year ARR growth to $5.2M, driven by new council wins, enterprise contract extensions, and customer acquisition.

• Positive cash EBITDA and strong cash position of $2.2M, up 121% year-over-year, supporting ongoing investment in growth.

• Reported a net loss after tax of $54,052 for the half-year ended 31 December 2025, compared to a profit of $93,618 in the prior period, impacted by deliberate investment in headcount, product development, and non-cash share-based payment expenses.

• Major platform and AI releases enhanced product-market fit and customer outcomes.

• Expanded customer base across councils and utilities, with 100% staff retention and key hires in marketing and delivery.

Financial highlights

• ARR increased 38% to $5.2M compared to 1H25.

• Cash at bank rose 121% to $2.2M year-over-year, with net cash operating inflows of $669,281.

• Total revenue grew 24% to $3.6M, with licensing revenue up 28% and services revenue up 24% year-over-year.

• EBITDA decreased 13% to $623K, with pre-corporate EBITDA down 4%.

• NPAT swung to a loss of $54K from a profit of $94K in 1H25.

Outlook and guidance

• Focused on enhancing the platform through R&D, driving ARR growth, and expanding into new asset verticals.

• Directors project positive EBITDA for the next 12 months, supported by revenue growth in new and existing markets and expansion of the AutoPilot product.

• No plans to raise capital in the near term due to strong liquidity and positive financial forecasts.

• Targeting global expansion, with a pathway from domestic growth to international markets and new verticals.

• Plans to align financial performance with SaaS benchmarks and pursue strategic acquisitions.