Adveritas (AV1) H1 2026 earnings summary

Executive summary

• Revenue grew 54% year-over-year to $4.91 million for the half-year ended 31 December 2025, driven by SaaS product TrafficGuard and expansion in key verticals, including sports betting, online gaming, and media agencies.

• Annual recurring revenue (ARR) increased 82% year-over-year to $14.25 million, with sports betting, online gaming, and agency channels as primary growth drivers.

• Strategic focus on leveraging AI, expanding product lines, and entering new markets, particularly the US, to drive future growth.

• Accelerated investment in AI and machine learning to enhance anti-fraud capabilities and product-market fit, with multiple Meta product trials converted to contracts.

Financial highlights

• Revenue from contracts with customers: $4.91 million (up from $3.19 million year-over-year).

• Net loss after tax: $2.65 million (improved from $4.42 million year-over-year).

• Basic and diluted loss per share: 0.29 cents (improved from 0.55 cents year-over-year).

• Cash and cash equivalents at period end: $6.85 million (down from $9.48 million at 30 June 2025).

• Net tangible asset backing per share: 0.22 cents (up from -0.70 cents year-over-year).

Outlook and guidance

• Strong outlook based on AI-driven product enhancements, expansion in sports betting, gaming, e-commerce, and agency partnerships.

• Launch of a new self-serve portal and continued investment in product management to accelerate growth.

• CEO highlights strong momentum, increasing operating leverage, and clear visibility into further growth for the second half of FY26.