ABV advanced braking technology ltd
Add to My Watchlist 1.09% ! 9.3¢

Strong growth

  1. justinp
    2,012 Posts.
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    18/11/24
    16:23
    Post #: 76659798
    The DMX team are still big fans of ABV in their latest fund report:

    "Failsafe specialist brake technology company ABV reported a 24% increase in quarterly revenue to $4.4m. In recent years, similar to PPL, ABV has focussed on expanding its international reach (organically), so it was encouraging to see its international revenue up 55% with strong growth achieved in North America, Southeast and North Asia. Also pleasingly, spares and consumables, being the more recurring part of ABV’s revenue, increased by 41% following an ongoing focus on customer engagement. EBITDA was up 175% as strong operating leverage continues to be achieved, driving an improvement in expected NPAT for FY25. As mine safety technology continues to attract investment and strategic focus from mine operators, we think ABV is well placed to continue its momentum and grow profitably from here."

    https://dmxam.com.au/dmxcp/oct-2024-monthly-report-2/
    ABV Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
9.3¢ 		Change
0.001(1.09%) 		Mkt cap ! $37.00M
Open High Low Value Volume
9.3¢ 9.4¢ 9.3¢ $35.85K 384.9K

Buyers (Bids)

No. Vol. Price($)
3 115458 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 28634 1
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Last trade - 14.44pm 08/08/2025 (20 minute delay) ?
ABV (ASX) Chart
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