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AI-Media Technologies Limited is pleased to present its financial results for the half-year ending 31 December 2024. Highlights include a revenue of $31.8 million, a 3% decline on the prior corresponding period, with gross profit up 5% to $21.4 million and EBITDA of $0.7 million. The Company is on track with its growth initiatives, with a strong cash balance of $14.2 million. CEO Tony Abrahams stated that the company's top strategic priority is achieving an aspirational EBITDA target of $60 million in FY29. AIM's focus on expanding sales globally and introducing new AI-powered LEXI products remains on track. The company has also made significant investments in product development, including LEXI Voice and LEXI Brew. During the first half of the year, AIM has seen success in scaling its SaaS adoption and expanding into new markets, particularly in Europe. The Company's transition to AI-powered solutions is evident in the growth of LEXI revenue and volume. AIM's outlook for the second half of the year focuses on further expanding its presence in the Broadcast segment and underpenetrated sectors. Investors can learn more about the company's results in the 1H25 Results Webinar on Thursday, 27 February 2025. Questions can be submitted ahead of the webinar, and investors are encouraged to engage with management for more information on the company's growth strategy.

1H25 Results Announcement