Audinate Group Limited

AD8.ASX

Information Technology

Provider of professional audio networking technologies globally

Market Data

Price

$2.160

-0.0%
Market Cap

$184.7M

P/E Ratio

-100000.0x

EPS

$-0.177

Div. Yield

0.00%

52-Week Change

-0.6%

Latest Earnings

2026 Half Year Financial Statements & Appendix 4D

16 February 2026

Revenue
$32.20
+12.1% YoY
NPAT
-$10.58
+379.4% YoY
EPS
$-0.13
Dividend
$0.00

Audinate delivered 12% revenue growth to $32.2M but reported a significant underlying EBITDA loss of $2.3M versus a $0.8M gain in the prior period, primarily due to increased investment in capabilities and the Iris acquisition. The company completed the acquisition of Iris Studio for $32.7M, expanding its video production platform capabilities, while maintaining a strong cash position of $70.9M. Key points: Revenue growth of 12.1% to $32.2M driven by continued expansion of Dante platform; Strong gross margin of 82.5% maintained, with favorable product mix towards higher margin software solutions; Successfully launched Iris SaaS-based subscription offering expanding into intelligent camera control

Recent Announcements

16 Feb 2026 Supplementary Neutral

2026 Half Year Results Market Release

Audinate returned to revenue growth in 1H FY26 with US$21.1M revenue (+12% vs pcp) and maintained strong gross margins at 82.6%, while successfully launching its Iris camera control subscription product. The company implemented cost reduction measures expected to deliver A$5M in annual savings, though underlying EBITDA turned negative at -A$2.3M due to increased investment in strategic initiatives. Management maintains FY26 guidance for 13-15% gross profit growth. Key points: Return to revenue growth with 12% increase to US$21.1M; Maintained strong gross margins at 82.6%, slight improvement from 82.2%; Successfully launched Iris camera control subscription product with 10 camera manufacturers onboarded

16 Feb 2026 Supplementary Neutral

2026 Half Year Results Presentation

Audinate returned to 12% revenue growth in 1H FY26 reaching $32.2M AUD, driven by strong adaptor sales and continued OEM adoption across their Dante ecosystem. However, the company reported an underlying EBITDA loss of $2.3M due to increased investment in the newly acquired Iris video platform and higher employee costs. Management maintained FY26 guidance for 13-15% gross profit growth and expects continued investment in strategic initiatives. Key points: Return to 12% revenue growth with strong momentum in adaptor products (51% growth); Maintained strong gross margin of 82.6% driven by favorable product mix; 516 OEM brands with products in market and 207 developing new products, strengthening ecosystem

16 Feb 2026 Actual Results Negative

2026 Half Year Financial Statements & Appendix 4D

Audinate delivered 12% revenue growth to $32.2M but reported a significant underlying EBITDA loss of $2.3M versus a $0.8M gain in the prior period, primarily due to increased investment in capabilities and the Iris acquisition. The company completed the acquisition of Iris Studio for $32.7M, expanding its video production platform capabilities, while maintaining a strong cash position of $70.9M. Key points: Revenue growth of 12.1% to $32.2M driven by continued expansion of Dante platform; Strong gross margin of 82.5% maintained, with favorable product mix towards higher margin software solutions; Successfully launched Iris SaaS-based subscription offering expanding into intelligent camera control

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