AMX Delivers Record FY25 MetroMap Revenue
| Stock | Aerometrex Ltd (AMX.ASX) |
|---|---|
| Release Time | 29 Aug 2025, 9:18 a.m. |
| Price Sensitive | Yes |
Aerometrex Delivers Record FY25 MetroMap Revenue
- Achieved record Annual Contract Value (ACV) of $10.56m for MetroMap, up 12.8%
- MetroMap subscription revenue grew 11.5% to $9.57m
- Renewed MetroMap agreement with Landchecker through to 2027 with increased minimum annual commitment
Aerometrex Limited (ASX: AMX) announced its results for the twelve months ended 30 June 2025 (FY25), reporting annual revenue of $23.90m, a slight decline of 3.4% compared with the previous year. Despite softer overall revenue, the Company delivered strong growth in its MetroMap subscription product and advanced several strategic initiatives that position it for long term growth. Key highlights include: record Annual Contract Value (ACV) of $10.56m for MetroMap, up 12.8%; MetroMap subscription revenue grew 11.5% to $9.57m; renewal of the MetroMap agreement with Landchecker through to 30 June 2027 with increased minimum annual commitment; divestment of non-core aviation assets; and a number of LiDAR contract wins. The company also undertook a strategic review to unlock the underlying value of its three core business divisions, optimizing operations and aligning the organization for scale and profitability. Key outcomes included $2m in cost reductions, smarter aviation asset utilization, sales acceleration, changes to a single operating model, and a focus on recurring revenue in MetroMap and ACV growth.
The company expects to deliver EBITDA improvements in FY26 following the implementation of strategic initiatives to remove costs and drive efficiency.
Aerometrex remains committed to building revenue across its three core product lines, with a strong emphasis on growing the MetroMap subscription business. The company is focused on sustainable growth, being leaner, faster and laser-focused on delivering value, and growing MetroMap ACV and other product revenue to deliver scale and profitability.