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Audinate Group (AD8) investor relations material
Audinate Group AGM 2025 Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.FY25 performance and transition
Manufacturing customers worked through excess inventory, delaying new orders but setting up for renewed growth in FY26.
Second-half FY25 saw a 12% increase in US dollar gross profit compared to the first half, signaling recovery.
Embedded software revenue rose 15%, indicating underlying demand beyond inventory effects.
129 design wins (up 12%) and 427 new AV products launched, expanding market presence.
48,472 professionals trained and certified in FY25, reinforcing industry engagement.
Strategic initiatives and product innovation
Launched Dante Director (cloud-based management), Device Link (centralized control), and modernized Dante Controller UI.
Introduced Dante AVIO for Installation and Virtual Soundcard Pro, broadening software adoption.
Acquired Iris Studio Inc. to strengthen AI-driven video capabilities and advance unified AV-over-IP control.
Iris platform to launch publicly in 1H FY26, with investment in go-to-market and product development.
Ongoing investment in innovation and platform expansion to maintain market leadership.
Financial position and outlook
Ended FY25 with A$109.9 million in cash; pro forma A$72.8 million post-Iris acquisition.
Strong balance sheet enables continued investment without compromising stability.
FY26 gross profit expected to grow 13–15% over FY25, outpacing industry growth.
Operating costs in FY26 projected to rise 25% due to strategic investments, with negative free cash flow anticipated.
Investments in Iris, Dante Director, and platform expected to drive future revenue and reinforce leadership.
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