Adveritas Doubles FY2025 Cash Receipts to $10.38M, Cuts Operating Outflows by 67%

Strong Revenue Growth and Cash Flow Improvement

Adveritas Limited (ASX, AV1), a leader in AI-driven advertising technology, has delivered a standout June 2025 quarter, reporting a 62% increase in annualised recurring revenue (ARR) to $10.47 million compared to the prior year. This growth was driven primarily by expansion in the sports betting and online gaming verticals, where new client acquisitions and contract renewals at higher rates have accelerated momentum.

Full-year cash receipts for FY2025 reached a record $10.38 million, more than doubling the previous year and nearly quadrupling receipts from FY2023. This surge reflects the company’s successful monetisation of its TrafficGuard platform, which protects digital advertising spend from fraud and optimises campaign performance.

Strategic Institutional Placement and Cash Position

To underpin its growth ambitions, Adveritas completed an oversubscribed institutional placement raising $8.5 million before costs. The capital injection strengthens the company’s balance sheet, which closed the quarter with a record cash balance of approximately $9.5 million. This financial flexibility supports planned expansion into the lucrative US market, ongoing product development, and integration with additional affiliate management platforms.

Importantly, the company has also demonstrated disciplined financial management, reducing its operating cash outflow by 67% to $3.06 million in FY2025. This improvement signals a pathway toward sustainable positive operating cash flow as revenue scales.

Product Innovation and Market Expansion

Adveritas continues to enhance its TrafficGuard offering with new features targeting Google PPC campaigns and a promising Meta product designed to prevent fraud across social media advertising platforms. Beta trials for the Meta product have yielded encouraging results, with initial revenue expected in the September 2025 quarter.

The company is also advancing its strategy to deepen agency partnerships, securing its first tier 1 agency contract and renewing existing agreements at higher rates. These partnerships are expected to accelerate sales cycles and broaden TrafficGuard’s reach across multiple verticals, including e-commerce, telecommunications, finance, and entertainment.

Outlook and Strategic Priorities

Looking ahead, Adveritas is on track for a strong September quarter, with ARR rising to $10.8 million post 30 June 2025. The company aims to capitalise on its strengthened cash position to fuel growth in the US and new verticals, expand product integrations, and scale agency partnerships globally.

CEO Mathew Ratty emphasised the company’s vision to become the preferred anti-fraud vendor for global tier 1 agencies and highlighted the growing interest from the US and European markets. The combination of robust financial results, innovative product development, and strategic capital raising positions Adveritas well to capture a larger share of the expanding digital advertising technology market.