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Advanced Braking Technology Limited ( (AU:ABV) ) has shared an update.
Advanced Braking Technology Ltd reported a strong financial performance for FY25, with a 25% increase in revenue to $19.13 million and a 36.3% rise in net profit after tax to $1.78 million. The company achieved these results through effective cost control, strong gross margins, and strategic product expansions, including the introduction of BRAKEiQ and Failsafe SIBS for Toyota Hilux. Additionally, the company saw a 47% growth in international sales, reflecting successful market penetration in regions such as Canada, Indonesia, and Mongolia. ABT’s enhanced liquidity and solid balance sheet position it well for future growth and innovation investments, while its focus on operational efficiency and product development is expected to support continued revenue growth in the coming years.
The most recent analyst rating on (AU:ABV) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Advanced Braking Technology Limited stock, see the AU:ABV Stock Forecast page.
More about Advanced Braking Technology Limited
Advanced Braking Technology Ltd is a provider of OEM vehicle safety and environmental solutions, focusing on products like the Failsafe braking systems. The company primarily serves the mining industry, offering products and services that enhance vehicle safety and operational efficiency.
Average Trading Volume: 265,104
Technical Sentiment Signal: Buy
Current Market Cap: A$39.79M
Learn more about ABV stock on TipRanks’ Stock Analysis page.