accesso Technology Group (ACSO) Trading Update summary

Trading performance and revenue guidance

• Full year revenue now expected at $150–$153m, down from previous guidance of at least $160m.

• Lower revenue outlook driven by delayed new park openings and weaker consumer trading volumes, especially in July.

• Revenue from Middle East projects delayed to FY25 due to operator timeline adjustments; overall project value not at risk.

Profitability and cost management

• Cost base being managed to mitigate lower revenue impact on Cash EBITDA.

• Full year 2024 Cash EBITDA margin expected at 13–14%.

Operational outlook and financial position

• Sales pipeline remains strong, supporting future growth.

• Focus on operational excellence to maintain profitability and cash generation.

• Net cash position at 31 July 2024 was approximately $23.3m.