Accsys Technologies PLC (AXS) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome everyone to Axis Technologies PLC preliminary results presentation for the financial year ended March 31st, 2025. Today's speakers are Dr. Jelena Arsic van Os, Chief Executive Officer of Axis Technologies and Samit Vora, the company's Chief Financial Officer. Jelena and Sam will take you through an overview of the business and financial performance for the years before we open the floor to questions. Please note that we will be prioritizing questions from analysts. With this, I would like to pass over to our speakers. Good morning, everybody, and welcome to AXIS Financial Year 25 results call. I am very excited and pleased to report that AXIS has delivered a strong set of results this year, marking a pivotal moment in our transformation journey. This encouraging trajectory reflects the growing momentum we are building across our core markets against the challenging macroeconomic backdrop. As some of you may know, in January 2025, we launched our focus strategy, which is already delivering tangible results. Our EBTA improved by 125% year-on-year, underpinned by strong volume growth across all regions, empowered by cost and pricing discipline. Underlying EBITDA from group core operations, excluding the joint venture, increased by 8.3 million to 16.8 million euros, and 12.3% margin, demonstrating not only the absolute increase, but also significant improvement of quality of earnings in our core operations. Akoya demand was solid. Volumes grew 13% around the globe, with 16% growth in North America. The double-digit growth across all regions against relatively soft macroeconomic conditions demonstrates Akoya's share gains and continuing trajectory of resilient product demand. Group revenues of $136.6 million were in line with the previous year. Optically, this loo...