Atomos Acquires Flanders Scientific to Capture Higher Margin Monitor Market
Key Takeaways
Atomos Limited (ASX: AMS) acquires Flanders Scientific to expand into high-margin professional reference monitors, with the deal immediately earnings accretive and funded via a $10 million CBA facility.
- Atomos has agreed to acquire Flanders Scientific, Inc. (FSI) for upfront consideration of $2.35 million cash plus 5,602,592 AMS shares, funded entirely from the recently announced $10 million CBA Business Finance Facility.
- FSI generated $12.7 million in revenue and $0.57 million in EBITDA in CY25, with post-synergy annual EBITDA expected to reach $1 million, implying an acquisition multiple of 3 times post-synergies.
- The deal expands Atomos' addressable market from on-camera monitoring into the premium reference monitor segment used by colorists, editors, and post-production professionals worldwide.
- The acquisition is immediately earnings accretive and reconfirms previously advised FY26 guidance, with completion expected by end of May 2026.
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