AoFrio has provided guidance for the 2025 financial year, with revenue and ebitda expected to be at the lower end of the previously advised range.
The company anticipates revenue of around $86 million, a 7.9% increase from the 2024 financial year, and ebitda of approximately $3.5m, a $1m improvement.
In the first half of 2025, AoFrio reported revenue of $43m, while ebitda stood at $700,000.
The company remains on track for year-on-year improvement in revenue and earnings.
AoFrio has a strong share of the connected controller market in Latin and South America but is now focusing on the US market.
It recently launched a cellular-connected solution, the SCS800, which is currently undergoing customer trials and regulatory approvals.
The company also introduced AoFrio iQ, a web-based SaaS platform, and is working on a camera solution for cold drink equipment customers.
No significant revenue from the food retail market segment is expected until at least 2027.
See more
