Advanced Braking Technology Ltd
ASX:ABV
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
0.071
0.145
|
| Price Target |
|
We'll email you a reminder when the closing price reaches AUD.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Advanced Braking Technology Ltd
Advanced Braking Technology Ltd. engages in the commercialization, research, development and manufacture of the Sealed Integrated Braking System (SIBS) technology and associated braking systems. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-05-28. The Company’s principal activity consists of research and development, commercialization, manufacture and installation of the Failsafe wet sealed braking systems and Terra Dura dry sealed braking systems. The firm portfolio consists of range of industries including the mining, defense, civil construction and waste management industries. The firm offers solutions for light vehicles, heavy vehicles, defense vehicles, autonomous vehicles and electric vehicles. The firm braking solution is used in approximately seven continents across the globe.
Advanced Braking Technology Ltd. engages in the commercialization, research, development and manufacture of the Sealed Integrated Braking System (SIBS) technology and associated braking systems. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-05-28. The Company’s principal activity consists of research and development, commercialization, manufacture and installation of the Failsafe wet sealed braking systems and Terra Dura dry sealed braking systems. The firm portfolio consists of range of industries including the mining, defense, civil construction and waste management industries. The firm offers solutions for light vehicles, heavy vehicles, defense vehicles, autonomous vehicles and electric vehicles. The firm braking solution is used in approximately seven continents across the globe.
Revenue Growth: ABT reported 22% revenue growth in the half year, with Q3 revenue up 31.2% from the prior comparable period, reflecting expansion into new sectors and strong core business performance.
Profitability: Sustained normalized profitability continues to underpin the business, supporting future growth and ongoing investment.
International Expansion: 50% of revenue now comes from overseas markets, up from 40% last year, with Canada as the largest export market and a focus on South Africa, North America, and Asia.
Product Innovation: ABT is expanding its brake system IP to a broader range of vehicles and launching BrakeiQ, an autonomous braking system with Level 9 collision avoidance capability, targeting regulatory mandates in markets like South Africa.
Strategic Roadmap: Management reiterated a five-year plan aiming for a $100 million market cap by FY29, driven by international growth, technological innovation, and diversification.
Recurring Revenue Model: The business benefits from high-margin recurring revenue from spare parts and consumables, supporting profitability and resilience.
Strong Foundations: Investment in inventory and R&D is supporting export growth, new product launches, and compliance with global safety standards.