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Ava Risk Group Ltd. ( (AU:AVA) ) has provided an announcement.
Ava Risk Group Ltd. reported a strong trading performance for Q2 FY2025, with a 20% increase in H1 revenue compared to the previous year, achieving a positive EBITDA. The company has a solid sales order intake and continues to expand in key industry verticals, including significant deployments in Eastern Europe and major airports. With a stable cost structure and a growing sales opportunity pipeline, Ava Risk Group is well-positioned for further growth in the second half of FY2025. The company’s strategic investments since January 2023 have bolstered its commercial capabilities and technology, driving increased order intake and a robust backlog, setting a promising outlook for stakeholders.
More about Ava Risk Group Ltd.
Ava Risk Group Ltd. operates in the security and risk management industry, providing advanced technology solutions for perimeter detection, border protection, and transportation security. The company focuses on strategic industry verticals and projects, utilizing its market-leading fiber sensing technology to cater to sectors such as airport perimeter protection and metro transportation.
YTD Price Performance: -7.87%
Average Trading Volume: 81,748
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$34.13M
For an in-depth examination of AVA stock, go to TipRanks’ Stock Analysis page.