Announcement PDF Ai-Media Technologies Limited Appendix 4D Half-year report 1. Company details Name of entity: Ai-Media Technologies Limited ABN: 12 122 058 708 Reporting period: For the half-year ended 31 December 2025 Previous period: For the half-year ended 31 December 2024 2. Results for announcement to the market $'000 Revenues from ordinary activities down 6.4% to 29,751 Earnings Before Interest, Tax, Depreciation and Amortisation and Finance Costs (EBITDA) down 362.2% to (1,741) Loss from ordinary activities after tax attributable to the owners of Ai- Media Technologies Limited up 51.0% to (4,017) Loss for the half-year attributable to the owners of Ai-Media Technologies Limited up 51.0% to (4,017) Dividends There were no dividends paid, recommended or declared during the current financial period. Comments The loss for the Group after providing for income tax amounted to $4,017,000 an increase of 51.0% from last half-year (31 December 2024: loss of $2,661,000). Revenue for the period was $29,751,000, down 6.4% from the prior half-year (31 December 2024: $31,787,000). Revenue share of technology sales (including hardware and SaaS) increased to 71.0% (31 December 2025: Hardware: $4,708,000, SaaS: $16,385,000) of total revenue for the half-year compared to 59.5% (31 December 2024: Hardware: $8,697,000, SaaS: $10,200,000) in the prior half-year. Technology revenue grew by 11.6% on the prior year, while services revenue declined by 32.9%. EBITDA loss for the Group was $1,741,000 down 362.2% from the prior half-year (31 December 2024: profit of $664,000). EBITDA is a financial measure not prescribed by Australian Accounting Standards (‘AAS’) and represents the profit under AAS adjusted for depreciation, amortisation, interest income, finance costs and tax expenses. The directors consider EBITDA to reflect the core earnings of the Group. Refer to the attached Directors' report 'Review of Operations' section for further explanation. Ai-Media Technologies Limited Appendix 4D Half-year report The following table summarises key reconciling items between statutory loss after income tax and EBITDA: Consolidated 31 Dec 2025 31 Dec 2024 $'000 $'000 Revenue 29,751 31,787 Less: Direct employee costs (5,988) (7,716) Less: Other direct costs including inventory expenses (2,988) (2,676) Gross profit 20,775 21,395 Less: Indirect costs or overheads* (24,334) (22,681) Less: Income tax expense (458) (1,375) Loss after income tax expense (4,017) (2,661) Add: Finance costs 89 15 Less: Income tax expense 458 1,375 Less: Interest income (113) (53) Loss before interest and tax (EBIT) (3,583) (1,324) Add: Depreciation and amortisation expense 1,842 1,988 EBITDA (1,741) 664 Add: Share-based payments expense** 1,333 - Normalised EBITDA*** (408) 664 * Indirect costs or overheads includes employee costs not allocated as part of the determination of gross profit. ** This relates to the five-year long-term incentive arrangement which, in accordance with AASB 2, is a single award with multiple vesting dates and therefore requires a graded (or "waterfall") expense recognition pattern, whereby expense recognition for later vesting tranches commences earlier than their individual vesting dates, reflecting the fact that the employee begins rendering service for all tranches from the commencement of employment under the award. *** The normalised EBITDA excludes share-based payment expense incurred during the half-year. The adjustment reflects the non-cash payment and provides a clear comparative of the Group's ongoing operating performance. The long-term incentive plan commenced in FY26. 3. Net tangible assets Reporting period Previous period Cents Cents Net tangible assets per ordinary security 9.35 9.04 The net tangible assets calculation includes rights-of-use assets of $515,000 (31 December 2024: $376,000) and the corresponding lease liabilities of $544,000 (31 December 2024: $401,000). 4. Control gained over entities Not applicable. 5. Loss of control over entities Not applicable. Ai-Media Technologies Limited Appendix 4D Half-year report 6. Dividends Current period There were no dividends paid, recommended or declared during the current financial period. Previous period There were no dividends paid, recommended or declared during the previous financial period. 7. Dividend reinvestment plans Not applicable. 8. Details of associates and joint venture entities Not applicable. 9. Foreign entities Details of origin of accounting standards used in compiling the report: Not applicable. 10. Audit qualification or review Details of audit/review dispute or qualification (if any): The financial statements were subject to a review by the auditors and the review report is attached as part of the Interim Report. 11. Attachments Details of attachments (if any): The Interim Report of Ai-Media Technologies Limited for the half-year ended 31 December 2025 is attached. 12. Signed As authorised by the Board of Directors. Signed ___________________________ Date: 26 February 2026 Anthony Abrahams Director and Chief Executive Officer Sydney Ai-Media Technologies Limited ABN 12 122 058 708 Interim Report - 31 December 2025 Ai-Media Technologies Limited Contents 31 December 2025 1 Directors' report 2 Auditor's independence declaration 5 Condensed consolidated statement of profit or loss and other comprehensive income 6 Condensed consolidated statement of financial position 7 Condensed consolidated statement of changes in equity 8 Condensed consolidated statement of cash flows 9 Notes to the condensed consolidated financial statements 10 Directors' declaration 18 Independent auditor's review report to the members of Ai-Media Technologies Limited 19 Ai-Media Technologies Limited Directors' report 31 December 2025 2 The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Group') consisting of Ai-Media Technologies Limited (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the half-year ended 31 December 2025. Directors The following persons were directors of Ai-Media Technologies Limited during the whole of the financial half-year and up to the date of this report, unless otherwise stated: John Martin - Non-Executive Director and Chair Anthony Abrahams - Executive Director and Chief Executive Officer Cheryl Hayman - Non-Executive Director Brent Cubis - Non-Executive Director Otto Berkes - Non-Executive Director Brad Bender - Non-Executive Director Alison Loat - Non-Executive Director (resigned on 26 September 2025) Principal activities Ai-Media Technologies Limited (Ai-Media or Company) (ASX: AIM), is a global provider of technology-driven captioning, transcription and translation products and services. Review of operations The loss for the Group after providing for income tax amounted to $4,017,000 (31 December 2024: $2,661,000). A summary of the results for the half-year is as follows: 31 Dec 2025 31 Dec 2024 Change Change $'000 $'000 $'000 % Revenue from operating activities 29,751 31,787 (2,036) (6.4%) Earnings before interest, taxation, depreciation and amortisation and finance costs (EBITDA) (1,741) 664 (2,405) (362.2%) Loss after tax from ordinary activities (4,017) (2,661) (1,356) 51.0% EBITDA is a financial measure not prescribed by Australian Accounting Standards (‘AAS’) and represents the profit under AAS adjusted for depreciation, amortisation, interest income, finance costs and tax expenses. The directors consider EBITDA to reflect the core earnings of the Group. The Group remains focused on driving annually recurring revenue and has predominately transitioned from its legacy human- dependent services business to a Software-as-a-Service (SaaS) model. While total revenue decreased by 6.4% to $29,751,000, technology revenue now represents 71.0% of Group revenue, up from 59.5% in the prior corresponding period, materially improving the quality and scalability of its offerings. Technology revenue increased by 11.6% on the prior year, while services revenue declined by 32.9%, reflecting the deliberate shift in business mix. The gross profit margin improved by 2.5% on the prior comparative period as the revenue mix continued to move toward higher-margin technology solutions. As at 31 December 2025, the consolidated statement of financial position reflects a net asset position of $71,279,000 (30 June 2025: $75,310,000), with cash increasing to $16,712,000 from $14,720,000. With no external debt and continued cost discipline, the Group is well positioned to pursue strategic growth in financial year 2027 and beyond. Ai-Media Technologies Limited Directors' report 31 December 2025 3 The following table summarises key reconciling items between statutory loss after income tax and EBITDA: Consolidated 31 Dec 2025 31 Dec 2024 $'000 $'000 Revenue 29,751 31,787 Less: Direct employee costs (5,988) (7,716) Less: Other direct costs including inventory expenses (2,988) (2,676) Gross profit 20,775 21,395 Less: Indirect costs or overheads* (24,334) (22,681) Less: Income tax expense (458) (1,375) Loss after income tax expense (4,017) (2,661) Add: Finance costs 89 15 Less: Income tax expense 458 1,375 Less: Interest income (113) (53) Loss before interest and tax (EBIT) (3,583) (1,324) Add: Depreciation and amortisation expense 1,842 1,988 EBITDA (1,741) 664 Add: Share-based payments expense** 1,333 - Normalised EBITDA*** (408) 664 * Indirect costs or overheads includes employee costs not allocated as part of the determination of gross profit. ** This relates to the five-year long-term incentive arrangement which, in accordance with AASB 2, is a single award with multiple vesting dates and therefore requires a graded (or "waterfall") expense recognition pattern, whereby expense recognition for later vesting tranches commences earlier than their individual vesting dates, reflecting the fact that the employee begins rendering service for all tranches from the commencement of employment under the award. *** The normalised EBITDA excludes share-based payment expense incurred during the half-year. The adjustment reflects the non-cash payment and provides a clear comparative of the Group's ongoing operating performance. The long-term incentive plan commenced in FY26. EBITDA for the Group was a loss of $1,741,000 down 362.2% from the prior half-year (31 December 2024: profit of $664,000). The decrease in EBITDA was driven by one-off restructuring costs, additional investment into product development and go to market resources. Liquidity Over the past 6 months, the Group continues to have strong positive operating cash flow and improve its revenue mix through a focus on higher-margin technology sales. For the half-year ended 31 December 2025, the consolidated statement of profit or loss and other comprehensive income reflects a net loss after income tax of $4,017,000 (31 December 2024: $2,661,000) and the consolidated statement of cash flows reflects net cash inflows from operating activities of $2,643,000 (31 December 2024: $3,354,000). As at 31 December 2025, the consolidated statement of financial position reflects a net asset position of $71,279,000 (30 June 2025: net assets of $75,310,000) and a net current asset position of $14,871,000 (30 June 2025: net current assets of $16,201,000). While revenue for the period was down 6.4%, technology sales (hardware and SaaS), which deliver stronger margins than human-driven captioning services, increased to 71.0% of total revenue for the half-year (31 December 2024: 59.5%). The Group maintains a robust balance sheet, with a cash balance of $16,712,000. The directors have assessed that based on the Group’s position it is appropriate to prepare the financial report on a going concern basis. For further information, refer to note 2. Significant changes in the state of affairs There were no significant changes in the state of affairs of the Group during the financial half-year. Ai-Media Technologies Limited Directors' report 31 December 2025 4 Matters subsequent to the end of the financial half-year No matter or circumstance has arisen since 31 December 2025 that has significantly affected, or may significantly affect the Group's operations, the results of those operations, or the Group's state of affairs in future financial years. Rounding of amounts The Company is of a kind referred to in Corporations Instrument 2016/191, issued by the Australian Securities and Investments Commission, relating to 'rounding-off'. Amounts in this report have been rounded off in accordance with that Corporations Instrument to the nearest thousand dollars, or in certain cases, the nearest dollar. Auditor's independence declaration A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report. This report is made in accordance with a resolution of directors, pursuant to section 306(3)(a) of the Corporations Act 2001. On behalf of the directors ___________________________ Anthony Abrahams Co-Founder, Director and Chief Executive Officer 26 February 2026 Sydney Grant Thornton Audit Pty Ltd Level 26 Grosvenor Place 225 George Street Sydney NSW 2000 Locked Bag Q800 Queen Victoria Building NSW 1230 T +61 2 8297 2400 grantthornton.com.au ACN-130 913 594 Grant Thornton Audit Pty Ltd ACN 130 913 594 a subsidiary or related entity of Grant Thornton Australia Limited ABN 41 127 556 389 ACN 127 556 389. Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton Australia Limited is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate one another and are not liable for one another’s acts or omissions. In the Australian context only, the use of the term ‘Grant Thornton’ may refer to Grant Thornton Australia Limited ABN 41 127 556 389 ACN 127 556 389 and its Australian subsidiaries and related entities. Liability limited by a scheme approved under Professional Standards Legislation. Auditor’s Independence Declaration To the Directors of AI-Media Technologies Limited In accordance with the requirements of section 307C of the Corporations Act 2001, as lead auditor for the review of AI-Media Technologies Limited for the half-year ended 31 December 2025. I declare that, to the best of my knowledge and belief, there have been: a no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the review; and b no contraventions of any applicable code of professional conduct in relation to the review. Grant Thornton Audit Pty Ltd Chartered Accountants R J Isbell Partner – Audit & Assurance Sydney, 26 February 2026 5 Ai-Media Technologies Limited Condensed consolidated statement of profit or loss and other comprehensive income For the half-year ended 31 December 2025 Consolidated Note 31 Dec 2025 31 Dec 2024 $'000 $'000 The above condensed consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes 6 Revenue 4 29,751 31,787 Interest revenue calculated using the effective interest method 113 53 Expenses Cost of inventories consumed (588) (992) Employee benefits expense (21,219) (21,458) Outsourcing and contractor expenses (3,660) (3,098) Information technology related expenses (1,415) (1,560) Depreciation and amortisation expense 5 (1,842) (1,988) Professional and consulting expenses (2,083) (1,982) Business development expenses (609) (494) Occupancy expenses (207) (206) Impairment of receivables (155) (42) Other expenses (1,556) (1,291) Finance costs 5 (89) (15) Loss before income tax expense (3,559) (1,286) Income tax expense (458) (1,375) Loss after income tax expense for the half-year attributable to the owners of Ai- Media Technologies Limited (4,017) (2,661) Other comprehensive income Items that may be reclassified subsequently to profit or loss Foreign currency translation (1,347) 3,967 Other comprehensive income for the half-year, net of tax (1,347) 3,967 Total comprehensive income for the half-year attributable to the owners of Ai- Media Technologies Limited (5,364) 1,306 Cents Cents Basic loss per share 14 (1.92) (1.27) Diluted loss per share 14 (1.92) (1.27) Ai-Media Technologies Limited Condensed consolidated statement of financial position As at 31 December 2025 Consolidated Note 31 Dec 2025 30 Jun 2025 $'000 $'000 The above condensed consolidated statement of financial position should be read in conjunction with the accompanying notes 7 Assets Current assets Cash and cash equivalents 16,712 14,720 Trade and other receivables 6 10,657 17,054 Contract assets 1,103 1,007 Inventories 3,255 2,702 Term deposits 166 166 Income tax receivable 957 948 Total current assets 32,850 36,597 Non-current assets Property, plant and equipment 4,559 4,814 Right-of-use assets 515 635 Intangibles 7 51,759 54,145 Deferred tax assets 3,771 4,387 Total non-current assets 60,604 63,981 Total assets 93,454 100,578 Liabilities Current liabilities Trade and other payables 7,051 9,727 Contract liabilities 8 9,121 8,863 Borrowings - 105 Lease liabilities 231 222 Income tax payable 82 82 Provisions 9 1,494 1,397 Total current liabilities 17,979 20,396 Non-current liabilities Contract liabilities 8 1,250 1,680 Lease liabilities 313 436 Deferred tax 2,309 2,520 Provisions 9 324 236 Total non-current liabilities 4,196 4,872 Total liabilities 22,175 25,268 Net assets 71,279 75,310 Equity Issued capital 110,248 110,248 Reserves 10 10,281 10,295 Accumulated losses (49,250) (45,233) Total equity 71,279 75,310 Ai-Media Technologies Limited Condensed consolidated statement of changes in equity For the half-year ended 31 December 2025 The above condensed consolidated statement of changes in equity should be read in conjunction with the accompanying notes 8 Issued capital Reserves Accumulated losses Total equity Consolidated $'000 $'000 $'000 $'000 Balance at 1 July 2024 110,248 9,226 (43,561) 75,913 Loss after income tax expense for the half-year - - (2,661) (2,661) Other comprehensive income for the half-year, net of tax - 3,967 - 3,967 Total comprehensive income for the half-year - 3,967 (2,661) 1,306 Balance at 31 December 2024 110,248 13,193 (46,222) 77,219 Issued capital Reserves Accumulated losses Total equity Consolidated $'000 $'000 $'000 $'000 Balance at 1 July 2025 110,248 10,295 (45,233) 75,310 Loss after income tax expense for the half-year - - (4,017) (4,017) Other comprehensive income for the half-year, net of tax - (1,347) - (1,347) Total comprehensive income for the half-year - (1,347) (4,017) (5,364) Transactions with owners in their capacity as owners: Restricted share units (note 13) - 1,333 - 1,333 Balance at 31 December 2025 110,248 10,281 (49,250) 71,279 Ai-Media Technologies Limited Condensed consolidated statement of cash flows For the half-year ended 31 December 2025 Consolidated Note 31 Dec 2025 31 Dec 2024 $'000 $'000 The above condensed consolidated statement of cash flows should be read in conjunction with the accompanying notes 9 Cash flows from operating activities Receipts from customers (inclusive of GST) 39,149 37,890 Payments to suppliers and employees (inclusive of GST) (36,498) (34,337) Interest received 113 53 Interest and other finance costs paid (89) (15) Income taxes paid (32) (237) Net cash from operating activities 2,643 3,354 Cash flows from investing activities Payments for property, plant and equipment (212) (501) Payments for intangibles (8) (48) Net cash used in investing activities (220) (549) Cash flows from financing activities Repayment of premium funding (105) (105) Payment of lease liabilities (108) (147) Interest paid on lease liabilities (13) (9) Net cash used in financing activities (226) (261) Net increase in cash and cash equivalents 2,197 2,544 Cash and cash equivalents at the beginning of the financial half-year 14,720 10,928 Effects of exchange rate changes on cash and cash equivalents (205) 690 Cash and cash equivalents at the end of the financial half-year 16,712 14,162 Ai-Media Technologies Limited Notes to the condensed consolidated financial statements 31 December 2025 10 Note 1. General information The financial statements cover Ai-Media Technologies Limited as a Group consisting of Ai-Media Technologies Limited ('Company' or 'parent entity') and the entities it controlled at the end of, or during, the half-year (referred to in these financial statements as the 'Group'). The financial statements are presented in Australian dollars, which is Ai-Media Technologies Limited's functional and presentation currency. Ai-Media Technologies Limited is an ASX listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is: Suite 3.02 9 Help Street Chatswood 2067 A description of the nature of the Group's operations and its principal activities are included in the directors' report which is not part of the financial statements. The financial statements were authorised for issue, in accordance with a resolution of directors, on 26 February 2026. Note 2. Material accounting policy information These general purpose financial statements for the interim half-year reporting period ended 31 December 2025 have been prepared in accordance with Australian Accounting Standard AASB 134 'Interim Financial Reporting' and the Corporations Act 2001, as appropriate for for-profit oriented entities. Compliance with AASB 134 ensures compliance with International Financial Reporting Standard IAS 34 'Interim Financial Reporting'. These general purpose financial statements do not include all the notes of the type normally included in annual financial statements. Accordingly, these financial statements are to be read in conjunction with the annual report for the year ended 30 June 2025 and any public announcements made by the Company during the interim reporting period in accordance with the continuous disclosure requirements arising under Australian Securities Exchange Listing Rules and the Corporations Act 2001. Basis of preparation The condensed consolidated financial statements have been prepared on the basis of historical cost, except for the revaluation of certain non-current assets and financial instruments. Cost is based on the fair values of the consideration given in exchange for assets. All amounts are presented in Australian dollars, unless otherwise noted. New or amended Accounting Standards and Interpretations adopted The Group has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. The adoption of these Accounting Standards and Interpretations did not have any significant impact on the financial performance or position of the Group during the financial half-year ended 31 December 2025 and are not expected to have significant impact for the full financial year ending 30 June 2026. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. Going concern The financial statements have been prepared on the going concern basis which contemplates the continuity of normal business activities and the realisation of assets and settlement of liabilities in the ordinary course of business and assumes the Group will have sufficient cash resources to pay their debts as and when they become due and payable for at least 12 months from the date of signing the financial report. The consolidated statement of profit or loss and other comprehensive income for the half-year ended 31 December 2025 reflects a net loss after income tax of $4,017,000 (31 December 2024: net loss after income tax of $2,661,000) and the statement of cash flows reflects net cash inflows from operating activities of $2,643,000 (31 December 2024: inflows of $3,354,000). As at 31 December 2025, the statement of financial position reflects a net asset position of $71,279,000 (30 June 2025: $75,310,000) and a net current asset position of $14,871,000 (30 June 2025: $16,201,000). While the Group continues to experience losses it is taking the necessary action to grow revenue sustainably and ensure that it will become profitable in the near future. Ai-Media Technologies Limited Notes to the condensed consolidated financial statements 31 December 2025 Note 2. Material accounting policy information (continued) 11 Based upon the growth of the business achieved to date, sufficient cash reserves at reporting date and after reviewing forecasts and projections prepared for the business, the directors are confident that it is appropriate to prepare the financial statements on the going concern basis. Note 3. Operating segments Identification of reportable operating segments The Group is organised into three operating segments based on geographical locations: Australia, New Zealand, Singapore, and Malaysia (APAC); North America (including Canada and the United States of America); and the United Kingdom (EMEA). These operating segments are based on the internal reports that are reviewed and used by the Board of Directors (who are identified as the CODM) in assessing performance and in determining the allocation of resources. There is no aggregation of operating segments. The CODM reviews EBITDA (earnings before interest, tax, depreciation and amortisation and finance costs). The accounting policies adopted for internal reporting to the CODM are consistent with those adopted in the financial statements. The information reported to the CODM is on a monthly basis. The CODM does not regularly review segment assets and segment liabilities. Refer to the statement of financial position for the assets and liabilities of the Group. Operating segment information APAC North America EMEA Corporate Total Consolidated - 31 Dec 2025 $'000 $'000 $'000 $'000 $'000 Revenue Services 3,842 3,756 1,043 - 8,641 Technology 3,103 16,216 1,791 - 21,110 Total revenue 6,945 19,972 2,834 - 29,751 EBITDA 1,736 3,879 (271) (7,085) (1,741) Depreciation and amortisation (1,842) Interest revenue 113 Finance costs (89) Loss before income tax expense (3,559) Income tax expense (458) Loss after income tax expense (4,017) APAC North America EMEA Corporate Total Consolidated - 31 Dec 2024 $'000 $'000 $'000 $'000 $'000 Revenue Services 6,762 4,540 1,569 - 12,871 Technology 1,951 15,529 1,436 - 18,916 Total revenue 8,713 20,069 3,005 - 31,787 EBITDA 2,638 5,741 (74) (7,641) 664 Depreciation and amortisation (1,988) Interest revenue 53 Finance costs (15) Loss before income tax expense (1,286) Income tax expense (1,375) Loss after income tax expense (2,661) Ai-Media Technologies Limited Notes to the condensed consolidated financial statements 31 December 2025 12 Note 4. Revenue Consolidated 31 Dec 2025 31 Dec 2024 $'000 $'000 Revenue 29,751 31,787 Disaggregation of revenue The disaggregation of revenue from contracts with customers is as follows: Consolidated 31 Dec 2025 31 Dec 2024 $'000 $'000 Major product lines Services* 8,641 12,871 Technology* 21,110 18,916 29,751 31,787 Timing of revenue recognition Goods and services transferred at a point in time 16,196 16,724 Services transferred over time 13,555 15,063 29,751 31,787 * Services revenue encompasses revenue delivered by human or hybrid workflows; hybrid includes both human and technology delivery revenue. Technology revenue includes revenue from hardware, software and support services. Ai-Media Technologies Limited Notes to the condensed consolidated financial statements 31 December 2025 13 Note 5. Expenses Consolidated 31 Dec 2025 31 Dec 2024 $'000 $'000 Loss before income tax includes the following specific expenses: Depreciation Buildings 50 34 Leasehold improvements 13 14 Plant and equipment 375 339 Buildings right-of-use assets 137 146 Total depreciation 575 533 Amortisation Development 308 496 Intellectual property 399 395 Customer contracts 419 415 Software 141 149 Total amortisation 1,267 1,455 Total depreciation and amortisation 1,842 1,988 Finance costs Interest and finance charges paid/payable on borrowings 70 6 Interest and finance charges paid/payable on lease liabilities 19 9 Finance costs expensed 89 15 Leases Short-term lease payments 121 163 Superannuation expense Defined contribution superannuation expense 1,151 943 Note 6. Trade and other receivables Consolidated 31 Dec 2025 30 Jun 2025 $'000 $'000 Current assets Trade receivables 9,156 14,600 Less: Allowance for expected credit losses (168) (116) 8,988 14,484 Other receivables 66 53 Prepayments 1,475 2,384 Security deposits 128 133 10,657 17,054 Ai-Media Technologies Limited Notes to the condensed consolidated financial statements 31 December 2025 Note 6. Trade and other receivables (continued) 14 The ageing of the receivables and allowance for expected credit losses provided for above are as follows: Carrying amount Allowance for expected credit losses 31 Dec 2025 30 Jun 2025 31 Dec 2025 30 Jun 2025 Consolidated $'000 $'000 $'000 $'000 Not overdue 4,827 11,304 13 37 0 to 3 months overdue 3,679 3,113 90 63 Over 3 months overdue 650 183 65 16 9,156 14,600 168 116 Note 7. Intangibles Consolidated 31 Dec 2025 30 Jun 2025 $'000 $'000 Non-current assets Goodwill - at cost 44,605 45,588 Development - at cost 11,745 11,745 Less: Accumulated amortisation (11,017) (10,714) 728 1,031 Intellectual property - at cost 8,464 8,641 Less: Accumulated amortisation (4,010) (3,690) 4,454 4,951 Brand name and trademarks - at cost 284