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AoFrio’s IoT orders offer a route beyond its battered motor business
6:30am on Thursday 29th of October, 2026 AEDT
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Technology
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AoFrio’s IoT orders offer a route beyond its battered motor business
6:30am on Thursday 29th of October, 2026 AEDT
Key Points
Nine-month revenue down 20% to NZ$50.3 million
Motors revenue fell 43.7% to NZ$16.5 million
IoT revenue broadly stable at NZ$33.8 million
First SCS 800 and AoFrio iQ orders secured from major US bottlers
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AoFrio (NZX:AOF)
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