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Audinate avoids the worst of 2022 tech wreck

Tom Richardson
Tom RichardsonJournalist

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Aidan Williams, chief executive of sharemarket darling Audinate, says the group has no plans to raise capital after it burnt $20.9 million over financial year 2022, which was disrupted by chronic semiconductor shortages, factory closures and global lockdowns.

Audinate CEO Aidan Williams.  

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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/audinate-fronts-acute-semiconductor-shortage-targets-growth-20220822-p5bbpd