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Audinate Group Provides Presentation to AGM and Trading Update

15 Oct 2020  |  08:28:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AGM Presentation & Trading Update

Audinate Group provided presentation to AGM and trading update. Software-based AV systems are replacing hardware AV systems, in the next wave of industry transformation. Market data forecasts Networked Audio Unit volume to triple over the five-year period from 2020 to 2024. Unaudited EBITDA for 1Q 2021 is A$0.3m. During the year, the business has continued to make good progress in achieving its medium term objectives despite the challenging environment in the second half.

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