AUDEARA LIMITED — Capital/Financing Update 2025

Jun 17, 2025

Highlights

• FY25 unaudited revenue from June 2024 to May 2025 exceeds $3.64m - highest ever recorded result since inception

• YTD revenue for the 11-month period up 14% on full FY24 and 25% on FY23

• Growth underpinned by flagship launch of Clinico Sound Earbuds CS1 in the Taiwan market, co-branded product integrating Audeara technology, and strategic work alongside international partners.

• FY25 Australia wholesale revenue up 17% YTD on full FY24 of $1.67m

• June 2025 trading to support additional growth in full-year sales

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Leading personalised audio technology provider, Audeara Limited (ASX: AUA) is pleased to provide the following trading update for financial year 2025 to-date (FY25), being the 11 months ended May 2025, which highlights consistent growth over the previous corresponding period (PCP) and the underlying strength of the Company’s ongoing operations.

Pleasingly, unaudited revenue from 1 July 2024 to 31 May 2025 exceeded $3.64m, which marks a 14% increase on FY24 total revenue (FY24 audited revenue: $3.185m) and a 25% uplift on total FY23 revenue of $2.9m. The increase in revenue follows record year to date (YTD) cash receipts of $3.9m, reported for the nine-month period ended 31 March 2025 (refer ASX announcement: 17 April 2025).

Revenue growth for FY25 between July 2024 and May 2025 has been underpinned by the maiden purchase order worth $0.57m for the flagship launch of the co branded Audeara Buds, the Clinico Sound Earbuds CS1 and a follow-up $0.917m order from global music instrument manufacturer Avedis Zildjian, which marked the commencement of second phase manufacturing.

As well, the Company has achieved ongoing growth through Australian wholesale channels, with revenue between July 2024 and May 2025 up 16% on the previous corresponding period of $1.67m.

The Company expects additional growth to materialise in the coming weeks based on strong June 2025 trading, which will include additional sales through Australian wholesale groups, retail sales and channels and key resellers. Further sales growth for FY26 is also earmarked through ongoing collaborations with international counterparties and the Company’s AUA Technology division.

CEO & Managing Director Dr James Fielding said:

“We are pleased to present this trading update for the first eleven months of the FY25 period, which highlights the momentum we’ve established at the group level and the resiliency of our diversified business model, with core earnings augmented by the scaled growth of our AUA Technology division.”

“Growth during the last 11 months has been underpinned by a series of strategic engagements with international counterparties, as well as key product launches to broaden market access and increase sales potential. Pleasingly, we are starting to witness the impact of these initiatives, which are expected to lay a strong foundation for FY26 and beyond. We look forward to providing additional updates in the coming weeks, which include strong trading from June 2025.”

This announcement has been authorised by the board of Audeara Limited.

For more information please visit, audeara.com .

CORPORATE & MEDIA ENQUIRIES	CORPORATE & MEDIA ENQUIRIES	CORPORATE & MEDIA ENQUIRIES	INVESTOR ENQUIRIES	INVESTOR ENQUIRIES
		Dr James Fielding Managing Director and Chief Executive Ofcer james.felding@audeara.com		Henry Jordan Six Degrees Investor Relations henry.jordan@sdir.com.au

ABOUT AUDEARA

Feel connected, your way.

Audeara Limited (ASX: AUA) is a global hearing health leader specialised in innovative listening solutions for people with hearing challenges.

We are passionate about redefining hearing health, with a particular focus on delivering products that provide world-class tailored listening experiences.

We care about connecting people with experiences that bring them joy - whether that’s watching a favourite TV show, FaceTiming family or listening to music with confidence.

All Audeara products are purposefully designed and engineered in Australia with precision detail and state-of-the-art technology. Each product delivers optimum listening experiences to enhance quality of life for people of all ages and abilities.

Audeara sells its products through distributors and resellers in Australia, Europe, Asia and North America, and through e-commerce channels.

Through its AUA Technology business unit, Audeara works with leading brands around the world to bring Audeara technology to listening devices via R&D, licensing and manufacturing partnerships.