• Revenue up 206% to $4.63 million driven by US expansion
• Significant investment in US operations and R&D to drive future growth
• Robust balance sheet with $32.1 million cash position

AML3D Limited reported a strong first half performance, with revenue up 206% to $4.63 million compared to the prior corresponding period. This was driven by the company's US expansion strategy, with 80% of revenues coming from US-based customers. AML3D moved from supplying industrial scale components to also supplying its ARCEMY 3D printing systems, complemented by component manufacturing. The company made significant investments in the period to support this growth, including opening a US technology centre, completing a $30 million capital raise, and signing a manufacturing licence agreement with a key US partner to support the US Navy submarine program. AML3D also continued to invest in R&D, allocating up to $3 million to maintain its competitive advantage in advanced wire arc manufacturing technology. The company is now well positioned to expand in multiple high-growth markets, including defence, utilities, aerospace, marine, oil and gas, and transport, across its key markets of the US, Europe and Australia. AML3D ended the period with a robust balance sheet, holding $32.1 million in cash.

AML3D expects to see continued strong demand for its ARCEMY 3D printing systems and component manufacturing services in the US defence sector, which will underpin the company's growth in the 2025 financial year. The company is also targeting expansion into non-defence sectors such as utilities, aerospace, marine, oil and gas, and transport, both in the US and internationally.