Ai-Media Technologies (AIM.AX) guides FY27 revenue at A$61-63 million
Ai-Media Technologies Ltd forecast FY27 total revenue of A$61-63 million and adjusted EBITDA of A$3.5-4.5 million.
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01:35:50 AM UTC
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* Shares of Australia's Ai-Media Technologies rise as much as 14% to A$0.285, their highest level since August 27 * Stock hits its biggest intraday pct gain since August 27 * The technology company announces an on-market share buy-back of up to 20.8 million shares * Additionally, company expects FY27 revenue of A$61 million to A$63 million and adjusted EBITDA of A$3.5 million—A$4.5 million, higher than FY26 revenue of A$60.2 million and adjust EBITDA of A$2.1 million * YTD, stock down more than 66% (Reporting by Aamir Sheik Khalid in Bengaluru) ((Aamir.SheikKhalid@thomsonreuters.com)
5 million. AX.