Asset Vision Co (ASV) investor relations material

Executive summary

• FY 2026 marked a significant scale-up phase, with 46% ARR growth to $6.45M, driven by new customers, renewals, and broader platform adoption across four verticals.

• Sales revenue increased 32.7% year-over-year to $6.67M, with growth in both licensing and professional services.

• The business invested ahead of revenue, strengthening delivery, technology, and team capability to support future growth while maintaining stable EBITDA.

• Customer concentration risk was reduced to 35.8% from 50.1%, and the company maintained 100% staff retention for three years.

• AI integration is driving product innovation and revenue, with 4% of revenue now from AI-enabled offerings and weekly releases embedding AI in customer workflows.

Financial highlights

• Annual Recurring Revenue (ARR) grew 46% year-over-year to $6.45M.

• Net Revenue Retention increased to 110% by year-end, reflecting strong expansion within the customer base.

• Rule of 40 metric reached 55, indicating a healthy balance of growth and profitability.

• Year-end cash balance was $2.35M, rising to $3.5M post-year-end.

• EBITDA remained stable at approximately $660,000.

• Licensing gross margin held steady at 73%.

• Net profit after tax improved to a loss of ($270K), a 30% reduction in loss year-over-year.

Outlook and guidance

• The pipeline entering FY 2027 is $8M, with $4M qualified under BANT criteria and late-stage opportunities across all verticals.

• Focus remains on organic growth, expanding within existing accounts, and disciplined investment in product and AI.

• Profitability is a growing focus, with profit-based incentives introduced for FY 2027.

• Strategy includes scaling the Australian model into adjacent and selected international markets.