AMX achieves key milestone of $10M in MetroMap ACV

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Stock Aerometrex Ltd (AMX.ASX)
Release Time 21 May 2025, 10:31 a.m.
Price Sensitive Yes
 AMX achieves key milestone of $10M in MetroMap ACV
Key Points
  • MetroMap subscription platform surpasses $10 million in Annual Contract Value (ACV)
  • Represents a 22% compound annual growth rate from previous reported ACV
  • Validates strategic investments and increasing value delivered to customers
Full Summary

Aerometrex Limited (ASX: AMX) has announced that its flagship subscription platform, MetroMap, has achieved a significant milestone of surpassing $10 million in Annual Contract Value (ACV). This represents an increase from the previously reported ACV of $9.33 million as of 31st December 2024, reflecting a compound annual growth rate of approximately 22%. This key achievement is a powerful endorsement of the strategic investments made in the MetroMap platform and a clear signal of the increasing value it delivers to customers across industries. Aerometrex's Acting CEO, Robert Veitch, stated that this milestone is more than just a financial benchmark, but a validation of the company's mission to empower customers with data-driven decision-making tools. MetroMap's intuitive tools and robust analytics capabilities have become essential to the operations of organizations across various sectors, from small and medium enterprises to large enterprises, as well as the company's expanding partner network.

Outlook

As organizations continue to prioritize data-driven decision-making, MetroMap's capabilities are expected to remain essential to their operations, driving further growth and adoption of the platform.