Appendix 4D & Interim Financial Report
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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
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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
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‘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
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