Highlights

  • Ambertech recorded an FY26 statutory loss after tax of A$2.25 million, against a A$844,000 profit in FY25.
  • Reset-related charges of about A$3.2 million included Goodwill and targeted inventory impairments recognised at 31 December 2025.
  • Operating cash flow rose to A$2.24 million, while second-half net Debt fell by A$4.4 million.
  • The board declared no FY26 final Dividend and is not providing Earnings guidance for FY27.

Ambertech Ltd (ASX:AMO) has described FY26 as a year of deliberate reset, and its annual accounts show the cost of that clean-up alongside early Balance Sheet gains. The specialist audio-visual, broadcast and communications distributor reported a statutory loss after tax of A$2.25 million for the year to 30 June 2026, after about A$3.2 million in reset-related charges.

Excluding those charges, adjusted profit before tax was about A$0.2 million.

Revenue Eases Across Three Divisions

Revenue fell 3.4% to A$97.8 million, although gross Margin edged up to 32.4% from 32.0%, giving Gross Profit of A$31.7 million. The company, which has operated for more than 39 years, distributes specialist equipment across Australia and New Zealand through three divisions, which reported FY26 Revenue as follows.

Integrated Solutions, which handles custom installation, projection and display products across about 50 brands and more than 1,200 active dealers, contributed A$46.5 million. Professional, serving broadcast, film, recording and sound reinforcement markets, delivered A$36.7 million, and revenue in that division increased. Retail, supplying home theatre products to more than 700 active dealers, contributed A$14.6 million amid softer trading.

The reset charges included a A$961,000 goodwill impairment, mostly in Integrated Solutions, and a A$1.9 million targeted inventory impairment, both recognised at 31 December 2025, along with a restructure provision of A$301,000 at year end. Headcount fell to 137 from 144.

Working Capital Release Strengthens Cash Flow

Inventory fell to A$22.0 million at 30 June 2026, down A$5.0 million from A$27.0 million at 31 December 2025. Operating Cash Flow improved to A$2.24 million from A$646,000, and net debt fell by A$4.4 million in the second half.

Cash at year end was A$2.57 million, with current Facility borrowings of A$7.92 million and net Assets of A$19.9 million. On 3 August 2026, Ambertech agreed with Octet Finance to extend its invoice discounting and Business transaction facilities by 12 months. The directors concluded there are reasonable grounds to expect the group to continue as a going concern.

No FY26 final dividend was proposed. The FY25 final dividend of 0.6 cents per share, fully franked, was paid in October 2025.

FY27 Priorities Centre on Execution

The board is not providing FY27 earnings guidance and has said the year is about execution. Stated priorities are restoring profitability, improving inventory turnover and cash conversion, lifting returns from existing brands and investing selectively in higher-return growth. Capital is being directed toward building control and smart building technologies, critical communications and security, selected emerging technologies and proprietary brands.

Shareholders will vote at the Annual General Meeting in Warriewood, NSW, at 10:30am (AEDT) on 30 November 2026 on the re-election of directors Santo Carlini and Janine Rolfe, an additional 10% Placement capacity and the remuneration report.

Shares were unchanged at A$0.08 on 2 November 2026, with a Market Capitalisation of about A$7.63 million, down 54.29% over 12 months.