Aidan Williams
Co-Founder, CEO & Director

My name is Aidan Williams. I’m Co-Founder and CEO at Audinate. With me is Chris Rollinson, our Chief Financial Officer. In the first part of the call today, we’ll be talking through the investor presentation that accompanied our financial statements, both of which were lodged with the ASX earlier today. [Operator Instructions]

I’d like to start by recapping Audinate’s first half highlights before we move on to covering key operational and financial metrics and then look ahead for the remainder of the financial year. Later in the presentation, I’ll be briefly covering the relationship between AI, Audinate’s products and technology and the broader AV industry as a whole.

Turning to Slide 3. It’s pleasing to see 12% growth in U.S. and Australian dollar revenue over the prior period. We’ve seen strong bookings in the first half, supporting achievement of our full year FY ’26 outlook. We’ve also continued to maintain strong gross margin percentage of 82.6%, and that’s consistent, and it’s been driven by favorable product mix shift between hardware and high-margin software products.

Operationally, we have continued to execute with strong results in key operating metrics. Design wins, that is the number of manufacturers signing up to use Dante technology for the first time, is up 8% over the prior period with 66 design wins over that period. The Dante product ecosystem continues to grow with a further 344 Dante products coming to market during the half. This brings the total of Dante-enabled products on the market to just under 5,000, and that’s coming from over 516 manufacturers. Each new design win and product coming to market is a leading indicator of