Aerometrex 1Q26 Trading Update
| Stock | Aerometrex Ltd (AMX.ASX) |
|---|---|
| Release Time | 15 Oct 2025, 11:02 a.m. |
| Price Sensitive | Yes |
Aerometrex 1Q26 Trading Update
- Strong growth in MetroMap ACV - up 42.75% annualised
- Major 3D project win in the US
- Improved LiDAR revenue - up 52% over same period last year
- Maintained cash position - $3.84m at end of September 2025
Aerometrex Limited (ASX: AMX) has provided a trading update for the first quarter of FY26, highlighting strong performance across its key business lines. MetroMap, the company's aerial imagery subscription service, continued its accelerated recurring revenue growth, with Annual Contract Value (ACV) increasing by $1 million to $11.54 million, representing an annualised growth rate of 42.75% since June 2025. This growth takes Aerometrex into the breakeven window for the cost to publish the MetroMap program, a pivotal milestone for the business. The company also secured a major 3D project win in the United States during the quarter, reinforcing its strong reputation in this key market. LiDAR revenue also improved, increasing by 52% compared to the same period last year, with an active, unsecured pipeline of approximately $19 million. Aerometrex maintained a strong cash position, closing the quarter with $3.84 million in available cash. The company continues to evaluate a range of corporate development opportunities aimed at unlocking the underlying value of its key assets and supporting sustainable growth.
The company remains optimistic about delivering continued growth in LiDAR revenue over the remainder of the financial year.