• Record MetroMap subscription revenue up 14.8%
• LiDAR revenue down 27.0% due to softer market
• 3D revenue up 67.5% with new key projects

Aerometrex Ltd reported its 1H25 results, with operating revenue of $11.51 million, down 4.2% from the prior corresponding period. This was driven by a 27.0% decline in LiDAR revenue, partially offset by a 26.6% increase in MetroMap revenue and a 67.5% increase in 3D revenue. The company reported EBITDA of $1.05 million, up 33.2% on the prior corresponding period. Cash flow from operations was $0.65 million. The company appointed Robert Veitch as Acting CEO and announced a strategic review to explore options to maximize shareholder value. Cost optimization initiatives are underway, including headcount reductions and a review of alternative operating structures. The MetroMap business continues to perform well, with record subscription revenue and ongoing enhancements to the platform. The company remains cautiously optimistic about the LiDAR business despite some near-term market softness, and is focused on its 3D revenue growth opportunities.

The company remains cautiously optimistic about the LiDAR business despite some near-term market softness, and is focused on its 3D revenue growth opportunities. The strategic review announced in February 2025 is exploring options to maximize shareholder value.