News Update - AVRGT January 24

Over the 2025 fiscal year, AVR Global Technologies achieved significant growth in global operations. This progress reflects strong market demand, disciplined execution, operational investment, and our commitment to scalable manufacturing excellence. In the United States, we achieved 27% year-over-year revenue growth, marked by record performance across three consecutive quarters and a 30% increase in new customer accounts. Our rolling forecast now positions us toward a $55 million growth plan, supported by improved margins and a 3% reduction in cost of goods through strategic efficiencies and systems implementation. We expanded manufacturing capacity by double, increased throughput, and improved supply chain control. Integrating advanced production systems and aligning with harmonized tariff codes has optimized logistics, reduced friction, and improved cost predictability. Our partnerships with leading logistics platforms also ensure competitive freight rates and scalable fulfillment. We launched our 3D Printing Department, establishing four tiers of additive manufacturing, from rapid prototyping to industrial production. Our PCB and electronic assembly divisions have also expanded through stronger local supply chain partnerships, increasing U.S. manufacturing capacity by 30% and supporting higher-value electronic projects. Together, these capabilities position us to deliver fully integrated, turnkey solutions from concept and design to manufacturing and final assembly, streamlining development and accelerating time to market for our customers. The broader electronics and connectivity industry continues to expand, creating new opportunities across telematics, agriculture, industrial, aftermarket, and electronic assembly sectors. AVR has strategically positioned its brand through trade show engagement, marketing initiatives, e-commerce growth, and targeted employment expansion to meet this demand. Our Brazil operation became fully operational in March 2025 and is focused on long-term market expansion. We offer custom cabling, 3D printing, and electronic assemblies, and are confident in replicating our successful U.S. operational model. Current projections show an $18 million forecast across 30 customers as we scale in Brazil. Looking ahead, we will continue to invest in infrastructure, protect margins, expand domestic manufacturing, and strengthen partnerships that enable our customers to innovate with confidence. At AVRGT, we are building a resilient foundation for long-term leadership in connectivity and electronic manufacturing. Sincerely, The Executive Staff at AVRGT