• MetroMap subscription revenue grew 14.8% to $4.72m
• 3D revenue grew 67.5% to $0.67m
• LiDAR revenue declined 27.0% to $5.24m

Aerometrex reported a 4.1% decline in total revenue to $11.51m for the first half of FY25, with growth in MetroMap subscriptions and 3D revenue offset by a decline in LiDAR revenue. MetroMap subscription revenue grew 14.8% to $4.72m, while 3D revenue grew 67.5% to $0.67m. However, LiDAR revenue declined 27.0% to $5.24m due to increased competitive pressures. The company generated $0.65m in operating cash flow, down 83.1% from the prior period, and consumed $1.36m in free cash. Following the resignation of the CEO, Aerometrex has announced a strategic review to investigate initiatives to drive further revenue growth, particularly in MetroMap, reduce costs, and prioritize activities to accelerate the company to profitability. Key outcomes of the review are expected by the end of April 2025.

Aerometrex did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Following the change in senior leadership, Aerometrex has announced a strategic review to investigate initiatives to drive further revenue growth, particularly in the high-growth MetroMap business, reduce costs, and prioritize activities to accelerate the company to profitability. Key outcomes of the review are expected to be completed by the end of April 2025.