Audinate Group Limited (AD8) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Recording in progress. My name is Aidan Williams. I'm co-founder and CEO at Ordinate. With me is Chris Rollinson, our Chief Financial Officer. In the first part of the call today, we'll be talking through the investor presentation that accompanied our financial statements, both of which were lodged with the ASX earlier today. You may ask questions at any time by typing them into the Q&A box. Hopefully you can see that in your Zoom application. At the end of the presentation we'll collate your questions and answer as many as possible in the time we have available. I'd like to start by recapping Audinate's first half highlights before we move on to covering key operational and financial metrics and then look ahead for the remainder of the financial year. Later in the presentation, I'll be briefly covering the relationship between AI, Ordnance Products and Technology, and the broader AV industry as a whole. Turning to slide three, it's pleasing to see 12% growth in US and Australian dollar revenue over the prior period. We've seen strong bookings in the first half, supporting achievement of our full year FY26 outlook. We've also continued to maintain strong gross margin percentage of 82.6% and that's consistent and it's been driven by favourable product mix shift between hardware and high margin software products. Operationally, we've continued to execute with strong results in key operating metrics. Design wins, that is the number of manufacturers signing up to use Dante technology for the first time. is up 8% over the prior period with 66 design wins over that period. The Dante product ecosystem continues to grow with a further 344 Dante products coming to market during the half. This brings the total of Dante enabled products on the market to just under 5,000 and tha...