Australian mine vehicle braking specialist Advanced Braking Technology has reported a strong finish to its fiscal 2025, with fourth-quarter sales up 27% year-on-year.
The ASX-listed company said Q4 sales of A$5.5 million took its full-year revenues to $18.7 million, also up 27% yoy, while its underlying net profit after tax (sans a research and development tax rebate) came in at $1.08 million, 87% higher than the previous year.
ABT said its international export revenue grew 47% in FY25, with key growth regions being Indonesia, Mongolia and Canada. Installed units also increased in Papua New Guinea, Mali, Burkina Faso and broader sub-Saharan Africa, it said. ABT said its domestic operations also achieved double-digit growth.
“The Q4 result highlights the progress in our strategic roadmap and execution by our ABT team in the field,” CEO Andrew Booth said.
“The plus-27% growth in sales revenue in Q4 is a clear indicator of the global demand for our safety-critical solutions products.
“We were particularly encouraged by the sustained performance in key markets, including the significant advancements in Indonesia and Mongolia.
“The progress we are making in our innovation pipeline, notably with BrakeiQ, as well as collision avoidance compatible autonomous brake system development, is aimed squarely at future-proofing ABT for the technology roadmap ahead.”
Booth said the significant Q4 milestone of an initial deployment of ABT’s BrakeSafe SIBS4 LandCruiser system across multiple underground mines in Western Australia underscored the opportunity for the company to “champion and support stronger vehicle safety standards within this key mining region”.
ABT’s share price is up about 16% in the past month, capitalising the company at about $38 million.
