AI-Media’s FY25: 63% Tech Revenue, $64.9M Sales, 472% EMEA Encoder Growth
AI-Media Technologies marked FY25 as a pivotal year, transitioning to a technology-led business with 63% of revenue from tech products and launching LEXI Voice. The company expanded its global footprint to 36 countries and set ambitious targets for FY29.
- 63% of FY25 revenue derived from technology products
- Launch of LEXI Voice and ongoing development of LEXI AI
- Global expansion to 36 countries with 472% growth in EMEA encoder sales
- FY25 revenue of $64.9 million with underlying EBITDA of $4.6 million
- Strong cash position of $14.7 million with zero debt
A Year of Transformation
AI-Media Technologies (ASX – AIM) has firmly established FY25 as the year it transitioned into a technology-led company. With technology products now accounting for 63% of total revenue, up from zero five years ago, the company is capitalizing on its AI-powered language solutions to reshape its business model. The launch of LEXI Voice in April 2025 and the forthcoming LEXI AI suite signal a move from transformation to acceleration, as AIM targets $150 million in revenue and $60 million in EBITDA by FY29.
Strong Financials Amid Strategic Growth
Despite a slight dip in total revenue to $64.9 million from $66.2 million in FY24, AIM reported an 11% increase in underlying EBITDA to $4.6 million. The company’s gross margin improved to 69%, driven by a 19% rise in technology revenue to $41.1 million and a 36% increase in hardware sales. Cash reserves strengthened by $3.8 million to $14.7 million, with no debt on the balance sheet, providing a solid foundation for future investments.
Expanding Global Footprint and Product Suite
AIM’s global expansion accelerated significantly, with encoder sales in the EMEA region surging 472% to 315 units and the company extending its reach to 36 countries, adding 23 new territories in FY25 alone. This expansion is supported by regulatory tailwinds such as the European Accessibility Act, which came into effect in June 2025, opening new market opportunities across Europe.
The company’s flagship LEXI product suite continues to drive growth, with LEXI Text maintaining a strong presence and LEXI Voice unlocking a total addressable market approximately 30 times larger than text-based services. The upcoming LEXI AI product aims to integrate generative AI securely within enterprise environments, enhancing productivity while safeguarding proprietary data.
Strategic Focus and Leadership
AI-Media’s strategy centers on accelerating SaaS revenue growth, transitioning away from legacy services, and deepening penetration in key sectors such as broadcast, enterprise, and government. The company’s encoder technology, with a lifetime value of around US$50,000 per unit, remains a critical gateway to its SaaS ecosystem.
Recent board renewals have brought in seasoned technology and ASX-experienced directors, including Otto Berkes and Brad Bender, to guide product commercialization and market expansion efforts. This leadership refresh aligns with AIM’s ambition to solidify its competitive moat through proprietary workflow orchestration, enterprise-grade security, and AI integration.
Looking Ahead
With a robust balance sheet, zero debt, and a clear path to scaling its AI-powered language solutions globally, AI-Media is well-positioned to capitalize on growing demand for real-time translation and captioning services. The company’s focus on innovation, regulatory alignment, and market diversification sets the stage for sustained growth and enhanced shareholder value.
Bottom Line?
AI-Media’s FY25 results lay a strong foundation for rapid SaaS growth and global market leadership in AI-powered language solutions.
Questions in the middle?
- How will the upcoming LEXI AI product impact AIM’s revenue and competitive positioning?
- What are the risks and opportunities associated with the accelerated decline in legacy services revenue?
- How effectively can AIM scale LEXI Voice adoption across new enterprise and government markets?
