Audinate Group (AD8) AGM 2026 presentation summary

FY26 performance

• Revenue reached US$46.0m, up 15% YoY and at the upper end of guidance; gross profit was US$37.7m, up 15%.

• Gross margin was 82.0% vs 82.1% in FY25; A$ revenue was $67.8m and A$ gross profit was $55.5m, both up 9%.

• Underlying EBITDA was A$(3.6)m vs A$0.7m in FY25; cash and term deposits were A$65.1m vs A$109.9m.

• Stronger H2 revenue, particularly from OEM-facing products, supported FY26 delivery; AVIO installation products contributed to adaptor growth.

Market position and product expansion

• Dante had 5,158 enabled products, 542 OEMs shipping products and 8m+ devices shipped; adoption was 14x the nearest competitor.

• OEMs released 555 new products during FY26, and 137 design wins strengthened the pipeline for future revenue expansion.

• Dante Certification training reached 375,000+ professionals through 42 certified training partners across 24 countries.

• AVIO expanded into installation applications; Dante Director gained control capabilities, while Iris extended the portfolio into camera control and video production workflows, with 20+ OEM camera partners.

Strategy and operating model

• The platform strategy spans embedded components, installed products, and AV system software and services, targeting a larger installed base and more recurring revenue.

• Restructuring lowered overhead where major build programs were complete while preserving R&D investment; full cost benefits are expected from FY27.

• A$65m+ cash and term deposits support product development and growth investment; improved FY27 cash flow is anticipated from revenue growth and a leaner cost base.