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Asset Vision Co Limited (ASX:ASV)

ALERT: Price-sensitive ASX Announcement for ASV
Current share price for ASV : $0.041 -0.004 (-8.89%)+
Announcement
Release
25 Aug 2025 12:05PM
Price at Release
$0.045
Full Release
download
Summary
The document is the Appendix 4E and Full Year Statutory Accounts for Asset Vision Co Limited (ASV) for the year ended 30 June 2023. It provides a detailed review of the company's financial performance, including revenue growth of 56% to $6.44 million, a net loss after tax of $2,462,732, and key milestones such as securing contracts with the Victorian Department of Transport and Main Roads, Queensland, and Downer Group. The report discusses the operational and product advancements, international expansion into New Zealand, and outlines future priorities focused on continued product investment, customer delivery, and international expansion. The directors’ report, financial statements, audit report, and corporate governance statement are included, with forward-looking statements about continued growth and market expansion.
Key Points
  • Asset Vision Co Limited (ASV) reported a 56% increase in revenue to $6.44 million for FY23.
  • Net loss after tax was $2,462,732 for the year ended 30 June 2023.
  • Major contracts secured include the Victorian Department of Transport, Main Roads Queensland, and Downer Group.
  • Asset Vision expanded operations internationally, particularly into New Zealand.
  • Product development and investment in technology remain core priorities.
  • A significant portion of FY23 was spent on delivering the Victorian Department of Transport contract.
  • The company continues to focus on customer delivery and international expansion for FY24.
  • The full report includes audited financial statements and a corporate governance statement.
  • The directors emphasize ongoing efforts to grow the business through technology, market expansion, and operational excellence.
  • Forward-looking statements indicate an expectation of increased contracted revenue and international market opportunities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.