Ai-media Technologies Limited · ASX:AIM
Ai-media Technologies — H1 FY2026 Earnings Presentation
41 slides from Ai-media Technologies's earnings presentation, Feb 26, 2026
Slide 1: 1H FY26 Results
1H FY26 Results 26 February 2026 AI-Media Technologies (ASX: AIM) AI-Powered Language Infrastructure Visit AIM Investor Centre
Slide 2: CEO and CFO message
“ In the past 6 months, AIM crossed a key structural threshold in achieving our key goal of reaching 80% technology revenue in December 2025 The LEXI suite powered 80% ARR growth vs a guidance of Tony Abrahams 35% Co-founder, CEO & Investment into development of new 2026 Encoder Shareholder (18%) pr
Slide 3: Annual Recurring Revenue (ARR) growth +80%
Annual Recurring Revenue (ARR) growth +80% $30M $30.0M 1H26 ARR Other Tech $24.0M $16.7M 84% ARR Gross Margin ARR Tech $24.1M $23.7M Services Other Tech Services +80% 1H25 2H25 1H26 ARR growth on pcp 3
Slide 4: 1H26 Financial Performance
1H26 Financial Performance ARR1 Total Revenue Tech Revenue2 Services Revenue $30.0M $29.8M $21.1M $8.7M 80% 6% 12% 33% (1H25 : $16.7M) (1H25 : $31.8M) (1H25 : $18.9M) (1H25 : $12.9M) Cash Balance Total Gross Margin Adjusted EBITDA Product and R&D $16.7M 70% ($0.4M) $5.1M $2.0M 3% 159% 38% (1H25 : $1
Slide 5: 1H26 vs 1H21 tells the story of technology and ARR transition
1H26 vs 1H21 tells the story of technology and ARR transition 1H21 1H26 Growth Revenue +30% to $29.8m, reflecting successful ($M) ($M) % transition to a higher quality recurring ARR model. Revenue 22.9 29.8 30% Gross margin expanded to 70% Gross Profit 8.8 20.8 136% demonstrating structural shift to
Slide 6: AIM Infrastructure adds AI elements to Live Video
AIM Infrastructure adds AI elements to Live Video AIM is the leader in live professional workflow orchestration and automation adding AI elements in text and voice translation 1 2 3 4 Capture Video Secure Ingest AI Automation Enhanced Video Output ENCODERS Suite of applications Step 1 – Capture Step
Slide 7: AIM - The Infrastructure Layer of Live Video Distribution
AIM - The Infrastructure Layer of Live Video Distribution AIM’s live broadcast ecosystem uses hardware, software and integration layers to deliver fast, accurate reliable AI elements CONTENT CREATION SIGNAL TRANSPORT BROADCAST WORKFLOW DISTRIBUTION Satellite / Fibre Satellite / Fibre Satellite / Fib
Slide 8: AI-Media Ecosystem
» AI MEDIA Al-Media Ecosystem LEXI TRANSLATE RECORDED
Slide 9: How AIM's solutions differ from Consumer AI
How AIM’s solutions differ from Consumer AI AIM’s customers need live language accessibility in high-trust, professional-grade and regulated environments Consumer AI Products AIM | LEXI •? Uncertain translation at the destination • Translates at the source (same for everyone) •? Does not use real ti
Slide 10: LEXI SaaS drives majority of iCap network usage in 1H26
LEXI SaaS drives majority of iCap network usage in 1H26 Supported by growth in AIM’s LEXI SaaS product suite from new and existing clients Scaling iCap and LEXI (millions of minutes processed per month) 16 Millions • LEXI usage (tech) 5-yr 14 CAGR: +66.4% 12 • LEXI Share of iCap Minutes (millions) 1
Slide 11: AI-Media's B2B customers and markets at a glance
AI-Media’s B2B customers and markets at a glance World leading brands choose AIM to add AI elements of TEXT, VOICE and LLM-AI via AIM Encoder network (LEXI over iCap) AMER EMEA APAC KEY CORE SOLUTIONS SEGMENTS Broadcast 73% of 1H26 revenue Government 7% of 1H26 revenue Enterprise 20% of 1H26 revenue
Slide 12: 1H26 Tech revenue mix 71%, driving GM up to 70%
1H26 Tech revenue mix 71%, driving GM up to 70% Underpinned by an increased portion of revenue derived from Tech at 84% gross margin Transition to Tech Revenue ($M) • Legacy Services Revenue decline accelerated 35.0 72% (–25% 1H25 → –33% 1H26) 17.1 70% 30.0 12.9 70% • Services 20% of Total Revenue 8
Slide 13: AI-Media's global expansion progress
AIM’s global expansion progress European Accessibility Act (EAA) ➢ Servicing a total of 43 countries at the end of 1H26 The EAA became effective as of ➢ +7 countries added globally, with strong adoption across Europe June 28, 2025. Positioning AIM to capture significant market share in the EU FY25:
Slide 14: Continuous Innovation: Leadership to AI Platform Scale
Continuous Innovation: Leadership to AI Platform Scale Decades of execution underpin our transition from broadcast infrastructure to scalable AI-powered services 1981 1996 2001 2007 2016 2017 2021 2023 2025 2026 Production Launch of first Launch of EN530, the iCap network Launch of Alta: LEXI Text -
Slide 15: 1H FY26 Financial Highlights
1H FY26 Financial Highlights
Slide 16: 1H26 Investment highlights
1H26 Investment highlights Key Metrics driving sales growth and profitability Tech ARR Growth Strong Financials Operational Momentum Drivers & Tailwinds Leverage • 71% 1HFY26 • $30.0M ARR, 84% • Cash balance +14% to • Legacy infrastructure Revenue from gross margin, +80% $16.7M, positive shutdown on
Slide 17: Attractive technology-driven recurring revenue model
Attractive technology-driven recurring revenue model Model supports growth with stronger margins, while delivering higher long-term customer value Products & Support (~80%) Services (~20%) Encoders LEXI Support Professional Hardware Software Maintenance & Upgrades Implementation • Upfront | One-off
Slide 18: ARR transition has accelerated Tech sales
ARR transition has accelerated Tech sales The Services to LEXI model improves cashflow whilst delivering a superior product proposition 1H26 $31.5M $10.4M 1H25 $26.0M $7.0M 1H24 $21.1M $20.0M $3.9M $18.9M $16.0M Tech Tech Deferred Tech Tech Deferred Tech Tech Deferred Sales Revenue Revenue Sales Rev
Slide 19: Tech revenue now represents 80% of total revenue
Tech revenue now represents 80% of total revenue Future Services revenue related to project & implementation fees supporting tech revenue. AMER $20.1M $20.0M 23% 19% 26% 22% APAC $8.7M $6.9M EMEA 77% 74% 81% 78% 78% 55% 89% 73% $3.0M $2.8M 52% 37% 42% 22% 45% 48% 84% 63% 58% 11% 27% 1H25 1H26 1H25 1
Slide 20: Product & sales driving ARR growth
Product & sales driving ARR growth Operating Expenses (A$M) $21.2M • Sales investment up 3% $20.7M $18.6M • Product investment up 38% Sales & Marketing 7.1 7.3 All R&D and Product 6.2 development is expensed when incurred - not Product 3.1 3.7 5.1 capitalized (1HFY26=$5.1M, representing 17% of total
Slide 21: 1H26 Summary profit and loss
1H26 Summary profit and loss A$M 1H26 1H25 Variance Growth % Tech revenue 21.1 18.9 2.2 12% SaaS 16.4 10.2 6.2 61% 8.7 Hardware sales lower ahead of release of new Encoders Hardware 4.7 (4.0) (46%) Services revenue 8.7 12.9 (4.2) (33%) Accelerated decline in services revenue of 33% Total revenue 29.
Slide 22: 1H26 Cash increase of $2.0M
1H26 Cash increase of $2.0M Operating CF = $2.6M Debtor days = 46 * Includes: Foreign exchange $0.2M, Capital expenditure $0.2M, Other $0.2M 22 22
Slide 23: Manufacturing Capacity & Production Capability
Manufacturing Capacity & Production Capability Current Manufacturing Manufacturing/Production Capacity & Scalability Position (FY26) Improvements (2025) • Manufacturing model: Hybrid (high- • New hardware introduced: Yamaha YSM10 • Maximum scalable capacity (with volume PCB assembly outsourced; othe
Slide 24: Growth Strategy & Outlook
Growth Strategy & Outlook
Slide 25: Three strategic pillars
Three strategic pillars We are building strong foundations to drive future growth across different segments and geographies 1 2 3 Product Geographic Segment Expansion Penetration Differentiation • Increase product • Replicate North • Strengthen position in spend with existing American success and En
Slide 26: Scaling iCap and LEXI Text took years each
Scaling iCap and LEXI Text took 4 years each (millions of minutes processed per month) 16 Millions iCap Scaling LEXI Text Scaling 14 12 10 8 6 4 2 0 Dec-08 Dec-10 Dec-12 Dec-14 Dec-16 Dec-18 Dec-20 Dec-22 Dec-24 26 LEXI Minutes iCap minutes
Slide 27: LEXI Product Suite driving ARR growth
LEXI Product Suite driving ARR growth ➢ Significant investment pre-revenue in flagship products to expand the TAM ➢ Product development costs are fully expensed when incurred, zero R&D capitalization ENCODERS SUPPORT Broadcast-grade • 24/7/365 global SPECIFICATION • Secure enterprise • • AI-powered
Slide 28: Focusing on '9 Squares' of product-market fit
Focusing on ‘9 Squares’ of product-market fit The core focus areas are distinct in each of the 9 Squares, with EMEA Broadcast and global Enterprise key FY26 growth targets AMER EMEA APAC FY26 Objectives FY26 Objectives FY26 Objectives • Encoder refresh • ANZ Broadcasters now full Broadcast • Encoder
Slide 29: Live Media competitive landscape: We play in the deep end
Live Media competitive landscape: We play in the deep end AIM Integrates best-of-breed AI (Google, XL8, ElevenLabs, DeepL, ChatGPT etc) into secure live enterprise workflows Enterprise Deep End B2B only – Big-tech ‘retail’ AIM offers validate the market; Microsoft, AIM focuses on secure, Google, Ama
Slide 30: Investment case summary
Investment case summary Positioning the business for sustained growth, profitability, and market leadership Penetration of Leveraged AI Expanded TAM Transitioned to Reinforced Zero Debt, New Markets Advances for From $2B to High Margin ARR Defensible Moat Strong Position with Tech Product Growth $70
Slide 31: Q&A
Q&A
Slide 32: Additional Information
Additional Information
Slide 33: CASE STUDY: CNBC MONGOLIA
CASE STUDY: CNBC MONGOLIA CHALLENGE / OPPORTUNITY • Need for Real-Time Translation: CNBC Mongolia required a reliable solution to automatically translate their live financial news broadcast from English to Mongolian. • Market Opportunity: Currently, no English news station in Mongolia provides Mongo
Slide 34: Profit & loss statement
31-Dec-25 31-Dec-24 Var ($M) ($M) ($M) Revenue 29.8 31.8 (2.0) Cost of sales (9.0) (10.4) 1.4 Gross Profit 20.8 21.4 (0.6) Operating expenses (22.5) (20.7) (1.8) EBITDA (1.7) 0.7 (2.4) Profit & loss Depreciation and amortisation (1.8) (2.0) 0.2 statement EBIT (3.6) (1.3) (2.3) Net interest expense 0
Slide 35: Balance sheet
31-Dec-25 30-Jun-25 Var ($M) ($M) ($M) Cash and cash equivalent 16.7 14.7 2.0 Trade receivables 9.0 14.5 (5.5) Other current assets 7.1 7.4 (0.3) Total current assets 32.8 36.6 (3.8) Property, plant and equipment 5.1 5.4 (0.4) Intangibles 51.8 54.1 (2.4) Other non-current assets 3.8 4.4 (0.6) Total
Slide 36: Cash flows
31-Dec-25 31-Dec-24 Var ($M) ($M) ($M) Receipts from customers (incl. of GST) 39.1 37.9 1.3 Payments to suppliers and employees (36.5) (34.3) (2.2) (incl. of GST) Interest received 0.1 0.1 0.1 Interest and other finance costs paid (0.1) (0.0) (0.1) Income taxes paid (0.0) (0.2) 0.2 Net cash fro
Slide 37: Continuing improvement in LEXI quality over humans
Continuing improvement in LEXI quality over humans AI capabilities and advancements have led to AI captioning outperforming human captioning 37
Slide 38: Experienced Executive Team
Experienced Executive Team Strong and qualified leadership team to drive product development and commercialisation strategy TONY ABRAHAMS JASON SINGH DONNA REID BILL MCLAUGHLIN Co-Founder and Chief Chief Financial Chief Operating Chief Product Executive Officer Officer Officer Officer • Tony co-foun
Slide 39: Board
Board Board renewal since 2024 with addition of talented and experienced new directors with ASX and deep technology expertise JOHN MARTIN TONY ABRAHAMS CHERYL HAYMAN BRENT CUBIS OTTO BERKES BRAD BENDER Non-Executive Co-Founder and Chief NED + Chair: NED + Chair: NED + Co-Chair: NED + Co-Chair: Chair
Slide 40: Disclaimer
Disclaimer This presentation (Presentation) contains summary information about AI-Media Technologies AI-Media’s business and operations in the future. The Company does not give any assurance that Limited and its subsidiaries (the Company or AI-Media) based on information as at 26 February the assump
Slide 41: Further Information
Further Information: AI-Media Technologies Lisa Jones Company Secretary investorrelations@AI-Media.tv NWR Communications Melanie Singh Investor Relations melanie@nwrcommunications.com.au Visit AIM Investor Centre
AI-Media Technologies — H1 FY2026 Earnings Presentation on 6ix