This was a big quarter and half for ABV. Revenue, EBITDA and NPAT all up by 20-25%. H1 NPAT 320k up from 100k in 24.

@Strawman ABV could be a good one to try to interview. As they have been slowly executing against there strategic roadmap over the last couple of years.

ABV make high quality sealed brake units that are retrofitted on mine vehicles, typically hills or land cruisers but also have brakes for larger trucks. The R&D and know how is all done in house and as far as I can tell they are well out in front of competitors in this area.

The big positive from this quarters result was the success they have had in launching there new product called BrakeIQ, this product integrates the brake units with the collision avoidance software. This was launched internationally late last year and I was a little nervous of how it would sell or whether this would be the small fish moving into a bigger pond problem. But it looks like the launch has been well received with good revenue, and commentary around sales pipeline is very positive. International sales up to 56% of revenue (42% in pcp).

Its an interesting micro cap that’s worth having a decent look at.