Aztech Global (8AZ) investor relations material

Executive summary

• Revenue for 1Q 2026 rose 54.0% year-over-year to $64.7 million, driven by higher demand for IoT and data-communication products.

• Net profit increased to $4.0 million, including a $3.1 million gain from property sale, offset by lower interest income and FX loss.

• Six new project orders were secured, with two new customers added in security and renewable energy segments.

Financial highlights

• EBITDA grew 46.3% year-over-year to $6.0 million, with a margin of 9.3% of revenue.

• Profit before tax surged 161.1% to $4.7 million; net profit margin improved to 6.1% from 3.6%.

• Free cash flow for the quarter was $11.0 million, down from $18.3 million in 1Q 2025 due to higher supplier payments.

• Net cash position stood at $272.9 million as of 31 March 2026.

• Net asset value per share rose to 39.0 cents from 38.0 cents at year-end 2025.

Outlook and guidance

• Macroeconomic and geopolitical uncertainties, as well as cost pressures, are expected to persist and weigh on demand for FY2026.

• Strategic focus includes expanding customer base, diversifying supplier network, and enhancing manufacturing, design, and R&D capabilities.

• Emphasis on sustainability and disciplined capital and risk management.

• Focus remains on progressing new product introductions and securing new project orders in MedTech and renewable energy.