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An update from Ava Risk Group Ltd. ( (AU:AVA) ) is now available.
Ava Risk Group Ltd. reported a Q3 FY2025 sales order intake of $6.5 million, with a year-to-date total of $22.8 million. Despite a slight dip due to geopolitical instability, the company remains optimistic about Q4, supported by a strong sales pipeline and significant orders expected in the transportation and telecommunications sectors. The company has secured a $0.3 million order from Telstra for its Aura Ai-X system to protect a subsea cable, marking a strategic milestone in expanding its market presence and enhancing its commercial capabilities.
More about Ava Risk Group Ltd.
Ava Risk Group Ltd. operates in the security technology industry, providing advanced sensing solutions for sectors such as transportation, telecommunications, and sovereign border protection. The company focuses on growing its market share and expanding into new market adjacencies, leveraging its Aura Ai-X technology to address critical infrastructure needs.
YTD Price Performance: -19.23%
Average Trading Volume: 198,179
Technical Sentiment Signal: Buy
Current Market Cap: A$30.5M
Find detailed analytics on AVA stock on TipRanks’ Stock Analysis page.