Atomos (ASX:AMS) has bolstered its financial position by securing a new $10 million finance facility with the Commonwealth Bank (ASX: CBA) and achieving a significant 7% reduction in its existing loan pricing.
Atomos has entered into a new three-year Business Finance Facility with CBA at a variable market rate.
This new facility is intended to fund inventory and product development, support logistics cost reductions via sea freight, and enable strategic mergers and acquisitions (M&A).
The all-in funding cost for the new facility is approximately 10.35%, based on a current variable market rate of 4.35%, including a 3% Facility Line Fee and a 3% Usage Fee.
The company has acknowledged that this cost could pressure margins if the additional inventory and development spending do not translate into timely revenue and EBITDA uplift.
Existing Debt Costs Reduced
Significantly, pricing on Atomos's existing loan has been reduced from 20% down to 13%, which is expected to generate annual savings of $700,000.
This repricing contributes to improved financial flexibility for the company and reduces its ongoing financing costs.
Alongside the financing news, Atomos has reconfirmed its FY26 guidance.
The company expects revenue to exceed $47.5 million and EBITDA to exceed $3.8 million.
This reaffirmation signals management's confidence in continued operational performance, following a strong H1 FY26 and ongoing product momentum.
Path to Profitability and Cash
Atomos has been on a path to improve its financial performance, achieving positive EBITDA in H1 FY26 for the second consecutive quarter.
This marked a significant turnaround from prior periods.
Despite this operational improvement, the company reported a net operating cash outflow of $1.5 million in H1 FY26, influenced by working capital movements such as inventory investments for new product releases.
Previous funding actions included a notable $7.8 million received in late 2025 from option exercises, which was used to reduce outstanding debt.
Financial Flexibility Improved
Atomos has taken key steps to enhance its financial footing through new and repriced debt facilities, aiming to reduce costs and increase strategic flexibility.
The reaffirmation of FY26 guidance indicates management's confidence in continued operational performance despite historical challenges with cash flow generation.
