Highlights

  • AVADA reported FY26 Revenue of $209.8 million, up 14.6% from the previous year.
  • Queensland revenue increased to $112.3 million while New South Wales revenue grew 86.7% to $65.1 million.
  • Adjusted EBITDA increased to $13.1 million despite challenging operating conditions.
  • The company operates across four regions with 22 depots, 1,028 vehicles and 1,704 active traffic controllers.

AVADA Group Limited (ASX:AVD) delivered FY26 revenue growth as the company expanded its traffic management operations across key Australian markets while progressing Business transformation initiatives.

The company reported total revenue of $209.8 million for FY26, compared with $183.1 million in FY25. Growth was primarily driven by Queensland and New South Wales, supported by new customer wins, regional expansion and increased project activity.

Queensland remained AVADA’s largest market, generating revenue of $112.3 million compared with $105.5 million in FY25. New South Wales recorded significant growth, with revenue increasing to $65.1 million from $34.9 million, representing year-on-year growth of 86.7%.

AVADA operates as an integrated traffic management provider across Queensland, New South Wales, Victoria and New Zealand. Its services include traffic control, equipment hire, traffic management plans and permits, event management and incident response.

The company’s operating footprint includes 22 depots, 1,028 vehicles and 1,704 active traffic controllers, supporting major public and private sector infrastructure projects.

Operational Transformation and Financial Resilience

During FY26, AVADA continued implementing business transformation initiatives focused on improving productivity, workforce planning, fleet utilisation and financial reporting systems.

Adjusted EBITDA, excluding impairments, increased to $13.1 million compared with $12.8 million in FY25. The company reported a statutory net loss after tax of $15.2 million, which included a $15.0 million non-cash Impairment related to Victorian operations.

The company stated that operating costs increased during the year due to mobilisation costs supporting expansion into new regional areas, business transformation activities, Leadership capability initiatives and higher fuel costs.

AVADA completed refinancing and expansion of its banking facilities with Commonwealth Bank in April 2026, improving financial flexibility and supporting operational requirements.

The company also strengthened its leadership team during FY26 with appointments across strategic execution, operations, commercial management and finance. These changes were aimed at improving accountability, governance and execution across the organisation.

Infrastructure Pipeline and Future Business Priorities

AVADA continues to focus on infrastructure-related opportunities across Australia and New Zealand. Traffic management remains an essential requirement for civil infrastructure projects, maintenance activities and transport developments.

The company highlighted ongoing infrastructure Investment in Queensland, including projects associated with preparation for the Brisbane 2032 Olympic and Paralympic Games. AVADA also continues servicing projects across major transport and infrastructure developments.

Safety remained a key operational focus during FY26. The company reported that its Total Recordable Injury Frequency Rate (TRIFR) improved to 2.53 from 5.65 in FY25. Safety initiatives included digital HSEQ systems, critical risk management, workforce Training and compliance programs.

AVADA’s FY27 priorities include continuing operational improvement, enhancing commercial discipline, improving resource utilisation and strengthening customer relationships.

The company continues to manage challenges including weather impacts, industrial relations issues, labour availability, inflationary pressures and cost fluctuations. AVADA’s risk management approach includes workforce planning, customer engagement, contract management and operational controls.

With an expanded operating network and ongoing infrastructure activity across its core markets, AVADA is focused on improving operational performance while supporting Demand for traffic management services.

Key Insights

AVADA Group’s FY26 results reflected revenue expansion across Queensland and New South Wales, progress in business transformation and improved operational systems. The company continues focusing on infrastructure services, safety performance, financial discipline and customer growth.